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03/07/2022-CC-Minutes-Work SessionBANGER *TEXAS MINUTES CITY COUNCIL WORK SESSION MONDAY, MARCH 7, 2022 6:00 PM HISTORIC CHURCH BUILDING 403 N 7TH STREET SANGER, TEXAS COUNCIL MEMBERS PRESENT: Mayor Thomas Muir and Councilmember Gary Bilyeu, Councilmembers: Marissa Barrett, Allen Chick, Dennis Dillon, and Victor Gann. COUNCIL MEMBERS ABSENT: None STAFF MEMBERS PRESENT: City Manager John Noblitt, City Secretary Kelly Edwards, City Attorney Hugh Coleman, Parks & Recreation Superintendent Ryan Nolting, Plans Examiner Carrie Jones, and Chief of Police Waylan Rhodes. 1. Call Meeting to Order Mayor Muir called the work session to order at 6:00 p.m. 2. PID AND TIRZ PRESENTATION Presentation by Kyle Sikorski with P3-Works on Public Improvement District (PID) and Tax Incentive Reinvestment Zone (TIRZ) districts. (Hammonds) Mr. Skiorski, P3 Works, provided a presentation and overview of Public Improvement Districts (PID) and Tax Incentive Reinvestment Zone (TIRZ) districts. Discussion ensued regarding PIDs contiguous boundary requirements, developer agreements, determining marketable property, infrastructure improvements, the annual Service and Assessment Plan, disclosures to property owners, collection of assessments, debt service, and the benefits for the city and developer. Discussion ensued regarding TIRZ uses to finance infrastructure in a defined area and how revenue could be used to offset PID assessments. Page 1 of 2 3. Overview of Items on the Regular Agenda No additional discussion. 4. Adjourn Mayor Muir adjourned the work session at 7:16 p.m. Thomas Muir, Mayor \0 c� SANG , Kelly EdWards, City Secretary O , • • . �Q �: Page 2 of 2