The Ledger

Fate Municipal Development District No. 1 Board of Directors Meeting - May 9, 2023

Fate Gazette

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The Fate Gazette — Ledger Entry

Meeting

Fate Municipal Development District No. 1
Board of Directors Meeting
Date: May 9, 2023
Time: 6:00 p.m. – 7:00 p.m.
Location: Fate City Hall, 1900 CD Boren Parkway, Fate, Texas

Call to Order and Quorum

  • President Bob Chambers called the meeting to order at 6:00 p.m.
  • City Secretary Victoria Raduechel confirmed a quorum was present.

Attendance

Board Members Present

  • Nikki Robinson
  • Allen Robbins
  • Bob Chambers, President
  • David Overstreet, Vice President
  • Todd Crabtree
  • Victoria Egbert, Secretary
  • Cheyenna Tellez (arrived at 6:24 p.m.)

Board Members Absent

  • None

City Staff Present

  • Michael Kovacs, City Manager
  • Justin Weiss, Assistant City Manager
  • Yvonne Lane, Economic & Community Development Specialist
  • Victoria Raduechel, City Secretary

Presentations

Economic Development Updates
Presented by Justin Weiss, Assistant City Manager, with responses to Board questions. Topics included:

  • Downtown
  • Southwest, Southeast, and Northeast corners of FM 551 and FM 130
  • Yu Tract (Northwest corner of FM 551 and FM 130)
  • Additional commercial areas

Information presented included:

  • City of Fate population estimate for 2022: 22,890
  • New home permits by year (2017–2022)
  • Residential development updates for Avondale, Monterra, Ascend at Fate, Edgewater, and Williamsburg
  • Downtown revitalization components, including pedestrian promenade and food truck area

Additional Development Information

  • Fate Station Park
  • Food Haul event review presented by Yvonne Lane
  • Façade Grant & Mural Program locations
  • List of businesses identified as “Coming Soon to Fate”
  • Forward Fate Comprehensive Plan
  • APA Texas Community of the Year Award
  • New Development Fiscal Analysis Award
  • Joint work session for Yu Tract development

Action Items

A. Approval of Minutes — March 14, 2023 Meeting

  • Motion by Allen Robbins
  • Second by Nikki Robinson
  • Vote: Unanimous
  • Motion declared carried by President Bob Chambers

B. Budget Amendment and Budget Approval

  • Justin Weiss presented an overview of:
    • The Fiscal Year 2022–2023 budget amendment
    • The proposed Fiscal Year 2023–2024 budget
    • Sales tax revenue estimates, lease revenues, expenditures, and projected fund balance
  • Motion by Allen Robbins
  • Second by David Overstreet
  • Vote: Unanimous
  • Motion declared carried by President Bob Chambers

Adjournment

  • Motion to adjourn by Nikki Robinson
  • Second by Allen Robbins
  • Vote: Unanimous
  • Meeting adjourned at 7:00 p.m.

Record Note

This Ledger entry records the publicly observable proceedings of the meeting listed above. It does not offer analysis or commentary.

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