Municipal Development District Meeting Wednesday, July 09, 2025 04:00 PM Public Safety Training Room in the Police Station, 7286 Dietz Elkhorn, Fair Oaks Ranch

OPEN MEETING

• 1.Roll Call - Declaration of a Quorum

• 2.Pledge of Allegiance

CITIZENS and GUEST FORUM

To address the Board, please sign the Attendance Roster located on the table at the entrance in the foyer of the Public Safety Training Room. In accordance with the Open Meetings Act, the MDD Board may not discuss or take action on any item which has not been posted on the agenda. Speakers shall limit their comments to five (5) minutes each

• 3.Citizens to be heard

CONSENT AGENDA

• 4.Approval of the January 8, 2025 Regular MDD Board meeting minutes

  Keith Rhoden, MDD Secretary

• 5.Approval of the April 9, 2025 Regular MDD Board meeting minutes

  Keith Rhoden, MDD Secretary

PRESENTATIONS

• 6.MDD Legal Training

  Dan Santee, MDD Attorney

REPORTS

• 7.Fair Oaks Ranch Gateway Monument project status update

  Kelsey Delgado, Project Manager

• 8.Quarterly Financial and Investment Report for the quarter ended June 30, 2025

  Summer Fleming, CGFO, MDD Investment Officer

• 9.Marketing and Project Opportunities Subcommittee Report

  Nicholas DiCianni, Marketing and Project Opportunities Subcommittee Chair

CONSIDERATION / ACTION ITEMS

• 10.Consideration and possible action to terminate the Chapter 377 Project Funding Agreement between the Fair Oaks Ranch Municipal Development District and the City of Fair Oaks Ranch for development of a community center

  Laura Koerner, MDD President

• 11.Consideration and possible action to approve the FY 2025-26 MDD Budget

  Mike Lovelace, CPA, CMA, CISA, Fair Oaks Ranch MDD Treasurer
  Summer Fleming, CGFO, Director of Finance

• 12.Consideration and possible action authorizing the MDD President to sign a Professional Services Agreement for auditing services with BrooksWatson & Co.

  Summer Fleming, CGFO, MDD Investment Officer

• 13.Discussion, consideration, and possible action on MDD policies, rules, procedures, document reviews, and committees.

  Laura Koerner, MDD President

• 14.Discussion, consideration and possible action to update MDD policy language regarding a process for managing small dollar project requests

  Mike Lovelace, Small Scope / Small Dollar Subcommittee Chairman

ADJOURNMENT

Next quarterly meeting: October 8, 2025 AT 4:00 PM

_________________________________________________________________________________________________________________

Signature of Agenda Approval:   s/ Laura Koerner                                      

    Laura Koerner, President

I, Amanda Valdez, TRMC, Deputy City Secretary, certify that the above Notice of Meeting was posted on the outside bulletin board at the Fair Oaks Ranch City Hall, 7286 Dietz Elkhorn, Fair Oaks Ranch, Texas, and on the City’s website www.fairoaksranchtx.org, both places being convenient and readily accessible to the general public at all times

As per Texas Government Code 551.045, said Notice was posted by 4:00 PM, July 6, 2025 and remained so posted continuously for at least 72 hours before said meeting was convened. A quorum of City Council and various boards, committees, and commissions may attend the Municipal Development District board meeting