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City of Shenandoah News

Posted on: January 25, 2023

Municipal Development District(MDD) January 25, 2023 Update

Supporting documents


Attendance:  

Present:   President Byron Bevers (Place 4),  Ron Raymaker,  (  Dr. Jim Wallace (Place 2), Ted Fletcher (Place 5) and Joanna Gonzalez (Place 3) 


ITEM 4: Monthly Cash Flow Report - As requested by MDD, staff has created a visual for a 5-year cash flow projection for the MDD as well as a monthly cash flow report for future agendas.  Discussion only. 

 ITEM 5: Monthly MDD Report- No action required; report only.   


ITEM 6:  Vision Park Pond Excavation and Amenity Project. Phase 1  excavation of the project is underway. Staff requested funding for the Phase 2 amenity project be released to allow bidding to take place as the excavation work is nearing completion. This will allow a smooth transition between the phases of the project and reduce the amount of time the raw dirt is left exposed. Excavation is expected to be completed by March 2023 due to rain delays. The action will require a budget amendment.    MDD voted 5-0 to approve releasing the phase 2 funding of $1,824,500 and authorized a budget amendment.

ITEM 7: Approval of the October 26 and November 16 Meeting Minutes- MDD voted 5-0 to approve the minutes as presented. 

ITEM  8: Ratification of the November and December Accounts Payable- MDD voted 5-0 to approve the minutes as presented.  


Executive Session: none scheduled

 

MDD adjourned at 6:15 pm.

 

Upcoming Events/Meetings


February 8: City Council, 7 pm

February 14: Civic Clun, 6 pm

February 17: End of General Election Filing, 5 pm

February 21: Planning and Zoning Commission (P&Z), 6 pm

February 22 Municipal Development District (MDD), 6 pm

February 22:  City Council, 7 pm




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