Called Meeting Lindale Reinvestment Zone #2 Tax Increment Financing Tuesday, April30, 2024, 5:00 p. m. City Hall, 105 Ballard Drive  THEI MEETING WAS CALLEDTOORDER BY CHAIRMAN JEFF DAUGHERTY JUDGET NEALI FRANKLIN, GAVIN RASCO. KENNY SMITH.  BOARD MEMBERS PRESENT: CHAIRMAN. JEFF DAUGHERTY. ANNIE BELLI BALDWIN, CAROLYNCALDWELL.  BOARD MEMBERS ABSENT: BARHAM FULMER. PEGGY SMITH. ANDI BOB TARDIFE. GAVIN RASCO SAID THE INVOCATION AND. JEFF DAUGHERTY LED THE PLEDGE OF ALLEGIANCE. CITY STAFF PRESENT: MICHELLE WIESE, CITY SECRETARY.. JILL CHILDS, FINANCE DIRECTOR. SUSAN GILL E-1 DISCUSSION AND POSSIBLE ACTION TO APPROVE THE ECONOMIC DEVELOPMENT AGREEMENT BETWEEN THE CITY OF LINDALE, LINDALE ECONOMIC DEVELOPMENT CORPORATION, REINVESTMENT ZONE NUMBER TWO (TIRZ), AND LINDALE PARTNERS, LLC. GLEN PATRICK. CITY ATTORNEY PRESENTED THE DEVELOPMENT AGREEMENT. THE LINDALE EDC AND CITY COUNCIL HAVE APPROVED THE AGREEEMENT. THE DEVELOPER HAS AGREED TO TERMS. THE DEVELOP AGREEMENT IS REMBURSEMENTTO THE DEVELOPER ON COST IF HE MEETS THE REQUIREMENTS OF THE AGREEMENT. THE CITY WILL COME BACK TO THE BOARD TO AMEND THE PROJECT AND FINANCIAL PLAN FOR TIF 2. JUDGE NEAL FRANKLIN MADE A MOTION TO. APPROVE' THE ECONOMIC: DEVELOPMENT AGREEMENT BETWEEN THECITY OFLINDALE. LINDALE ECONOMIC DEVELOPMENT CORPORATION, REINVESTMENT ZONE NUMBER TWO (TIRZ) AND LINDALE PARTNERS. LLC. SECOND BY ANNIE BELLI BALDWIN., ALL VOTED INI FAVOR. E-2 DISCUSSION AND. ACTION TO. APPROVE MINUTES OF MAY 17,2022, MEETING. MINUTES OFTHE BOARD MEETING ON MAY 17,2022, WERE PRESENTED FOR APPROVAL. ANNIE BELLI BALDWINN MADEA MOTIONTO APPROVE THE MINUTES. SECOND BY GAVINI RASCO. ALL VOTED INI FAVOR. F.ADJOURNMENT GAVIN RASCO MADE THE MOTION TO. ADJOURN THE MEETINGAT612PM.  PRESIDENTGENERAL MANAGER LEDC. ANDO GLEN PATRICK, CITY ATTORNEY.  LIuOLtDROe Michelle Wiese, City Secretary  Gp Chairman, Gavin Rasco