JANUARY 8, 2025 REGULAR MEETING OF THE MUNICIPAL DEVELOPMENT DISTRICT OF THE TOWN OF ARGYLE, TEXAS, HELD ON THIS DATE WITH THE FOLLOWING MEMBERS PRESENT: PRESENT PRESIDENT, PLACE 3 DAVID WYLIE VICE-PRESIDENT, PLACE 5 PAMELA BATSON DIRECTOR, PLACE 1 CASEY STEWART DIRECTOR, PLACE 2 RONALD SCHMIDT DIRECTOR, PLACE 4 PETER TILTON DIRECTOR, PLACE 7 JOAN DELASHAW PUBLIC INFORMATION OFFICER JESSICA SOMMER ABSENT DIRECTOR, PLACE 6 KRISTIN JAIN INTERIM TOWN ADMINISTRATOR ALLEN BARNES CALL TO ORDER President Wylie called the meeting to order at 6:00 p.m. OPEN FORUM There were no speakers for the open forum. WORKSHOP ITEMS 1. Discuss Heath Tract project and potential agreement. The MDD Directors discussed the Heath Tract project. Director Schmidt requested clarification on language in the Chapter 377 of the Texas Local Government Code. No action was taken on this item. SPECIAL PRESENTATION Town Secretary Candi Smith conducted a swearing-in ceremony for new MDD Directors Joan Delashaw and Peter Tilton. ACTION ITEMS 2. Consider approval of the Argyle Municipal Development District Board meeting minutes for the meeting held on August 14, 2024 as recorded. Director Schmidt moved to approve the MDD Board meeting minutes from August 14, 2024, as presented. Director Stewart seconded the motion. The motion passed 5-0. 3. Consider approval of the Argyle Municipal Development District Board meeting minutes for the meeting held on November 13, 2024 as recorded. Director Schmidt moved to approve the MDD Board meeting minutes from November 13, 2024, as presented. Director Stewart seconded the motion. The motion passed 5-0. 4. Discuss, consider, and act on a day and time for MDD regular meetings. The MDD Directors discussed a new day and time for regular meetings. Vice- President Batson moved to change the regular meeting time to the first Thursday of the month at 6:00 p.m. Director Schmidt seconded the motion. The motion passed 5-0. 5. Discuss, consider, and act on request for Financial Incentive for Town Center development project. (This item was moved by President Wylie to be discussed after Item #1) The MDD Directors discussed the request and received a presentation from Mr. Mike Silvaggio representing the property owner, Stable Veterinary Supply, LLC. Director Stewart moved to approve financial incentive for the Town Center development project for a maximum amount of $40,000. Director Tilton seconded the motion. The motion passed 4-1, with Vice-President Batson dissenting. 6. Discuss, consider, and act on revisiting a 2024 funding assistance grant originally declined by Developer Jim Reed 1Q24. The MDD Directors discussed the request and received a presentation from Mr. Jim Reid, property owner of Little Joe's Farmstead located at 401 US Hwy 377, Argyle, TX 76226. Director Stewart moved to have a draft incentive agreement created for a maximum of $100,000 and provided at the next MDD meeting on February 6, 2025 for consideration and approval. Vice-President Batson seconded the motion. The motion passed 5-0. RECEIVE REQUESTS FOR NEXT MEETING AGENDA A. Swear in new MDD member Kristin Jain B. Add MDD financials as a staff report item ADJOURN With no further action the meeting was adjourned at 7:50 p.m. Lo David Wylie, President Allen Barnes, Thterim Towh Administrator