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water and waste water improvements, turning lanes/intersection <br />improvements, waste water treatment plant enhancements); <br />C. Land purchase for public facilities and construction of projects that <br />serve the general public such as overpasses, interchanges <br />roadway beautification, convention centers, amphitheaters, <br />marinas, park improvements, etc. <br />d. Oversizing of infrastructure within the Zone, including water, waste <br />water, streets (arterial or greater), drainage (major channels and <br />detention basins) and street lighting. <br />e. Specialty items such as signage, streetscape/landscape <br />improvements and including the construction of sound barriers, <br />buffering landscape between residential and nonresidential uses, <br />and common recreation areas shall be considered on a case by <br />case basis. <br />` f. In general, the City will not consider as eligible costs the public <br />infrastructure or land acquisition costs for individual developments <br />within the TIRZ boundaries that serve only that development. <br />g. Exceptions to the policy on eligible costs will be considered on a <br />case by case basis. <br />2. The City may retain funds as provide in Chapter 311.002 of the Tax Code <br />to be reimbursed for the following: <br />a. administrative costs attributed to others, plus reasonable charges <br />for the time spent by employees of the City in connection with the <br />implementation of the Project Plan and Reinvestment Zone <br />Financing Plan; <br />b. the amount of any contribution made by the City from general <br />revenue for the implementation of the project plan; and <br />C. payments made at the discretion of the governing body of the City <br />that the City finds necessary or convenient to the creation of the <br />Zone or to the implementation of the Project Plan and <br />Reinvestment Zone Financing Plan. <br />F. Board of Directors <br />The Composition of the Board of Directors is determined by the Tax Increment <br />Financing Act. <br />For a Commercial Zone (less than 10% of the Zone is currently residential use), <br />the Board of Directors consist of at least five (5) and no more than fifteen (15) <br />7 Revised 5/12/99 <br />