Municipal Development District Meeting Wednesday, January 08, 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 October 9, 2024 Regular MDD Board meeting minutes

  Keith Rhoden, MDD Secretary

• 2024-10-09 MDD MINUTES REG (draft).pdf (0.06 MB)

REPORTS

• 5.Quarterly Financial and Investment Report for the quarter ended December 31, 2024

  Summer Fleming, CGFO, MDD Investment Officer

• Report Cover - Quarterly Financial Report.pdf (0.07 MB)
• Quarterly Report Q1 FY 2024-25.pdf (0.11 MB)

• 6.Fair Oaks Ranch Community Center project status update

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

CONSIDERATION / ACTION ITEMS

• 7.Consideration and possible action to approve the MDD Audit Report for the fiscal year ended September 30, 2024

  Summer Fleming, CGFO, MDD Investment Officer
  Jon Watson, CPA, Audit Partner, BrooksWatson & Co., PLLC

• Consid Page - MDD 2023-24 Audit.pdf (0.73 MB)
• Fair Oaks Ranch MDD - 9.30.24 Report - FINAL.pdf (1.72 MB)

• 8.Discussion, consideration and possible action on the MDD Rules of Procedure

  Laura Koerner, MDD President

• FOR MDD Rules of Procedure REDLINE DRAFT.pdf (0.14 MB)
• Sec._1.08.pdf (0.12 MB)

• 9.Consideration and possible action regarding an MDD Grant Funding Application for Gateway Feature from the City of Fair Oaks Ranch

  Laura Koerner, MDD President

• Consid Page - Gateway Feature.pdf (0.07 MB)
• Exhibit A-Grant Application for Gateway Project av.pdf (13.11 MB)
• Exhibit B-MDD Project Eval Policy Approved 2024-04-10.pdf (0.16 MB)

ADJOURNMENT

Next quarterly meeting: April 9, 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, January 5, 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.