Agenda - City of Dallas

Exhibit A
Maple/Mockingbird TIF District
FY 2011 Annual Report
particularly taxable property and employment related to medical
technology.
Staff and the Board will continue to foster a working relationship with
UT Southwestern Medical Center, Children’s Hospital and Parkland
Hospital to create investment opportunities in the District.
• To generate an NPV of $27.8 million or approximately $58 million in
total dollars in TIF revenues over 25 years of collections.
Current economic conditions have contributed to declining property
value within the District. The actual construction that occurred in 2011
will be reflected in 2012 tax roll. No increment has been collected to
date.
Year-End Summary of Meetings
The Maple/Mockingbird TIF District Board of Directors met once during FY 2011 on
January 11, 2011.
TIF Boards can consist of up to ten members, including six City of Dallas appointees,
one Dallas Independent School District (DISD) appointees, one Dallas County
appointee, one Dallas Community College District appointee and one Dallas County
Hospital District appointee. During FY 2011 the Board members were (FY 2011 Board
meetings attended): Se-Gwen Tyler – City Representative (Attended 1 of 1 meeting);
Curtis Parker – City Representative (Attended 1 of 1 meeting); Dennis Stone – City
Representative (Attended 0 of 1 meeting); Garrett Gibbons – City Representative
(Attended 1 of 1 meeting); Tim Slaughter – City Representative (Attended 0 of 1
meeting – no longer a TIF Board Member); Ward Richmond – City Representative
(Attended 1 of 1 meetings); Orlando Alameda– DISD Representative (Attended 1 of 1
meeting – no longer a TIF Board member); Rick Loessberg – Dallas County
Representative (Attended 0 of 1 meeting); Hector Flores – DISD Representative
(Attended 0 of 1 meetings – no longer a TIF Board member );
During FY 2011, the City council approved ten (10) items directly or indirectly
associated with the Maple/Mockingbird TIF District. The council actions are listed
below.
• On October 26, 2010, City Council approved Resolution No. 10-2777 authorizing
a public hearing to receive comments regarding an application for an MU-3
Mixed Use District on property zoned an IR Industrial Research District with deed
restrictions volunteered by the applicant on the east side of Maple Avenue,
between Inwood Road and Bulter Street.
12