Laserfiche WebLink
to approve the Agreed Upon Procedures Report for Beazer Homes Texas LP and approved payment <br />to Beazer Homes Texas LP in the amount of $177,4.98.45. <br />CONSIDER AUDIT PROPOSAL FROM MC CALL GIBSON <br />Ms. Blake presented the proposal from McCall Gibson Swedlund Barfoot PLLC to prepare the FY2017 <br />audit, included in the Board agenda materials. She reported the estimated fees range from $7,500 to <br />$8,500. Mr. Hawes stated staff is recommending for approval. Upon a motion duly made by Director <br />Poole, and being seconded by DirectorAntone, the Board voted unanimouslyto approve the proposal <br />from McCall Gibson Swedlund Barfoot PLLC to prepare the FY2017 Audit in estimated fee of <br />$7,500.00 to $8,500.00, as presented. <br />CONSIDER FY2017-2018 BUDGET. <br />Mr. Hawes distributed the proposed FY2017-2018 Budget, a copy is attached as Exhibit A. He <br />reviewed the budget line item by line item, and answered questions. He reported under TIRZ <br />Revenues LPISD $2,054,938 is based on the calculations received from Goose Creek. After reviewing <br />the letter received from LPISD, a copy is attached as Exhibit B, Mr. Hawes recommended adjusting <br />LPISD revenue in 2016-2017 Estimated from $2,054,938.00 to $1,531,431.00 reflecting the amount <br />of $523,504.00 which LPISD indicated they overpaid; and adjusting the 2017-2018 Proposed Budget <br />from $2,116,586.00 to $1,616,586,00. Mr. Hawes recommending reducing the developer <br />reimbursement to Port Crossing $500,000.00 for 2017-2018 to $998,267.00. <br />Upon a motion duly made by Director Poole, and being seconded by Director Beasley, the Board voted <br />unanimously to approve the FY2017-2018 Budget, adjusting the LPISD Revenue for 2016-2017 to <br />$1,531,431.00 and LPISD Revenue for 2017-2018 to $1,616,586.00; and amending the developer <br />reimbursement to Port Crossing for 2017-2018 to $998,267.00. <br />CONSIDER DEVELOPER DISBURSEMENTS <br />This item was tabled. <br />CONSIDER APPROVAL OR OTHER ACTION WITH REGARD TO AUTHORITY INVOICES. <br />Mr. Hawes presented the cash flow report and reviewed the invoices included in the Board agenda <br />materials. Upon a motion duly made by Director Antone, and being seconded by Director Leopard, <br />the Board voted unanimously to approve payment of invoices, as presented. <br />RECEIVE UPDATES FROM THE CITY, DEVELOPERS AND STAFF WITH REGARD TO <br />DEVELOPMENT WITHIN THE ZONE. <br />Mr. Alexander provided an updated on development within the zone, and answered questions. There <br />was general discussion regarding the letter received from LPISD. <br />BOARD MEMBER COMMENTS: <br />a. Matters appearing on agenda; and <br />2 1 Page <br />