Municipal Development District Meeting Wednesday, October 11, 2023 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.

PRESENTATIONS

• 4.Introduction of new MDD Board Members.

  Laura Koerner, MDD President

CONSENT AGENDA

• 5.Approval of the July 12, 2023 Regular MDD Board meeting minutes.

  Laura Koerner, MDD President

• 2023-07-12 MDD MINUTES REG (DRAFT).pdf (0.05 MB)

REPORTS

• 6.Fair Oaks Ranch Civic Center Project status update.

  Scott Huizenga, Interim City Manager

• 7.Quarterly Financial and Investment Report for the period ending September 30, 2023.

  Summer Fleming, Investment Officer

• Consid Page Financial Investment Report.pdf (0.73 MB)
• Q4 FY2023 Financial Update and Investment Report.pdf (0.86 MB)

CONSIDERATION / ACTION ITEMS

• 8.Consideration and possible action regarding the election of MDD Officers for Fiscal Year 2023/2024.

  Laura Koerner, MDD President

• Consid Page Officer Election.pdf (0.73 MB)

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

  Laura Koerner, MDD President

• Consid Page Subcommittees.pdf (0.73 MB)

• 10.Consideration and possible action to approve a resolution reaffirming the Fair Oaks Ranch Municipal Development District's Investment Policy.

  Summer Fleming, MDD Investment Officer

• Consid Pg Reaffirming Investment Policy.pdf (0.73 MB)
• Resolution Reaffirming Investment Policy.pdf (0.02 MB)
• Exhibit A - Investment Policy.pdf (0.84 MB)

• 11.Consideration and possible action on debt issuance options for the District.

  Summer Fleming, MDD Investment Officer

• Consid Pg. Debt Options.pdf (0.73 MB)
• Debt Options Presentation.pdf (0.13 MB)
• Debt Amortization Schedule.pdf (0.14 MB)

• 12.Consideration and possible action regarding alternative MDD investment options.

  Mike Lovelace, MDD Treasurer
  Summer Fleming, MDD Investment Officer

• 13.Consideration and possible action regarding the design and content of a website and grant application for the MDD.

  Nicholas DiCianni, Marketing & Project Opportunities Subcommittee Chair
  Amanda Valdez, TRMC, Deputy City Secretary

• DRAFT Application.pdf (1.52 MB)

• 14.Consideration and possible action regarding creation and funding a small dollar/small project program for the MDD.

  Mike Lovelace, Small Scope/Small Dollar Subcommittee Chair

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

  Laura Koerner, MDD President

• Consid Page Meeting Dates 2024.pdf (0.73 MB)

ADJOURNMENT

Next quarterly meeting: To be determined.

_________________________________________________________________________________________________________________

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 8, 2023 and remained so posted continuously for at least 72 hours before said meeting was convened.