1. Roll Call/Call to Order Special Town Council Meeting. 2. Pledge to the Flags: A. United States Flag B. Texas Flag: Honor the Texas Flag I pledge allegiance to thee Texas, one state under God, one and indivisible.
Discussion and Action to adopt a boundary adjustment agreement with the Town of Lincoln Park, Texas, and related matters. (Director of Development Services-Jason Laumer)
Public Hearing to consider the advisability of amending Ordinance No. 1255, concerning Reinvestment Zone Number Five, Town of Little Elm, Texas, established pursuant to Chapter 311 of the Texas Tax Code, by amending and changing the boundaries and size of Tax Increment Financing Reinvestment Zone Number Five, Town of Little Elm, Texas, to include an approximately 36.68 acre tract or tracts of land located within the Marsella Jones Survey, Abstract No. 662, within said zone, and by establishing the percentage of incremental sales tax to be included within the tax increment fund for the Reinvestment Zone Number Five, Town of Little Elm, Texas. (Please fill out form on table outside of council chambers if desire to comment and present to the Town Secretary prior to meeting) A. Staff Report. B. Open Public Hearing. C. Receive Public Comments. D. Close Public Hearing. E. Discussion and Action to approve Ordinance No. 1258 an Ordinance of the Town Council of the Town of Little Elm, Texas, amending Ordinance No. 1255, concerning Reinvestment Zone Number Five, Town of Little Elm, Texas established pursuant to Chapter 311 of the Texas Tax Code, by amending and changing the boundaries and size of Tax Increment Financing Reinvestment Zone Number Five, Town of Little Elm, Texas, as described and or depicted in Exhibit A of this Ordinance, which is attached hereto and incorporated herein for all purposes, to include an approximately 36.68 acres tract or tracts of land located within the Marsella Jones Survey, Abstract No. 662, Denton County Texas, and establishing the percentage of incremental sales tax to be included within the tax increment fund for the Reinvestment Zone Number Five, Town of Little Elm, Texas; providing a severability clause; and providing for an effective date. (Director of Development Services-Jason Laumer)
Announcement: Council will now recess and convene into meeting for the TIRZ # 5 Board. Will reconvene Regular Council meeting immediately following the adjournment of the TIRZ #5 Board.
Public Hearing on Ordinance No. 1259 an Ordinance of the Town Council of the Town of Little Elm, Texas, approving an Amended Final Project and Financing Plan for Reinvestment Zone Number Five, Town of Little Elm, Texas. (Please fill out form on table outside of council chambers if desire to comment and present to the Town Secretary prior to meeting) A. Staff Report. B. Open Public Hearing. C. Receive Public Comments. D. Close Public Hearing. E. Discussion and Action to approve Ordinance No. 1259 an Ordinance of the Town Council of the Town of Little Elm, Texas, approving an Amended Final Project and Financing Plan for Reinvestment Zone Number Five, Town of Little Elm, Texas.
1. Roll Call/Call to Order Special Town Council Meeting. 2. Pledge to the Flags: A. United States Flag B. Texas Flag: Honor the Texas Flag I pledge allegiance to thee Texas, one state under God, one and indivisible.
Discussion and Action to adopt a boundary adjustment agreement with the Town of Lincoln Park, Texas, and related matters. (Director of Development Services-Jason Laumer)
Public Hearing to consider the advisability of amending Ordinance No. 1255, concerning Reinvestment Zone Number Five, Town of Little Elm, Texas, established pursuant to Chapter 311 of the Texas Tax Code, by amending and changing the boundaries and size of Tax Increment Financing Reinvestment Zone Number Five, Town of Little Elm, Texas, to include an approximately 36.68 acre tract or tracts of land located within the Marsella Jones Survey, Abstract No. 662, within said zone, and by establishing the percentage of incremental sales tax to be included within the tax increment fund for the Reinvestment Zone Number Five, Town of Little Elm, Texas. (Please fill out form on table outside of council chambers if desire to comment and present to the Town Secretary prior to meeting) A. Staff Report. B. Open Public Hearing. C. Receive Public Comments. D. Close Public Hearing. E. Discussion and Action to approve Ordinance No. 1258 an Ordinance of the Town Council of the Town of Little Elm, Texas, amending Ordinance No. 1255, concerning Reinvestment Zone Number Five, Town of Little Elm, Texas established pursuant to Chapter 311 of the Texas Tax Code, by amending and changing the boundaries and size of Tax Increment Financing Reinvestment Zone Number Five, Town of Little Elm, Texas, as described and or depicted in Exhibit A of this Ordinance, which is attached hereto and incorporated herein for all purposes, to include an approximately 36.68 acres tract or tracts of land located within the Marsella Jones Survey, Abstract No. 662, Denton County Texas, and establishing the percentage of incremental sales tax to be included within the tax increment fund for the Reinvestment Zone Number Five, Town of Little Elm, Texas; providing a severability clause; and providing for an effective date. (Director of Development Services-Jason Laumer)
Announcement: Council will now recess and convene into meeting for the TIRZ # 5 Board. Will reconvene Regular Council meeting immediately following the adjournment of the TIRZ #5 Board.
Public Hearing on Ordinance No. 1259 an Ordinance of the Town Council of the Town of Little Elm, Texas, approving an Amended Final Project and Financing Plan for Reinvestment Zone Number Five, Town of Little Elm, Texas. (Please fill out form on table outside of council chambers if desire to comment and present to the Town Secretary prior to meeting) A. Staff Report. B. Open Public Hearing. C. Receive Public Comments. D. Close Public Hearing. E. Discussion and Action to approve Ordinance No. 1259 an Ordinance of the Town Council of the Town of Little Elm, Texas, approving an Amended Final Project and Financing Plan for Reinvestment Zone Number Five, Town of Little Elm, Texas.