Municipal Development District Meeting Wednesday, October 09, 2024 04:00 PM Public Safety Training Room, 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 July 10, 2024 Regular MDD Board meeting minutes.

  Keith Rhoden, MDD Secretary

REPORTS

• 5.Quarterly Financial and Investment Report for the Quarter Ended September 30, 2024.

  Summer Fleming, CGFO, MDD Investment Officer

• 6.Financial Statement Auditor Selection.

  Summer Fleming, CGFO, MDD Investment Officer

• 7.Fair Oaks Ranch Community Center project status update.

  Grant Watanabe, P.E., Director of Public Works and Engineering Services

CONSIDERATION / ACTION ITEMS

• 8.Consideration and possible action regarding the election of MDD Officers for Fiscal Year 2024/2025.

  Laura Koerner, MDD President

• 9.Consideration and possible action regarding subcommittee assignments of current MDD Board Members.

  Laura Koerner, MDD President

• 10.Consideration of a resolution approving and adopting an amended Investment Policy for the Fair Oaks Ranch Municipal Development District.

  Summer Fleming, CGFO, MDD Investment Officer

• 11.Discussion, consideration, and possible action on amendments to the existing Fair Oaks Ranch Municipal Development District Policy for Evaluation of Development Projects.

  Mike Lovelace, Small Scope / Small Dollar Subcommittee Chairman

• 12.Discussion, consideration, and possible action on the following MDD policies, rules, procedures, document reviews, and committees:

  Rules of Procedure
  Interlocal Agreement with the City of Fair Oaks Ranch
  Policy Review Procedure

  Laura Koerner, MDD President

• 13.Consideration and possible action regarding upcoming Regular MDD Board Meeting Dates.

  Amanda Valdez, TRMC, Deputy City Secretary

ADJOURNMENT

Next quarterly meeting: To Be Announced

_________________________________________________________________________________________________________________

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, October 6, 2024 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.