the coming weeks, they will be working toward identifying ...

1 Esl, MINUTESR egularMeetingoftheTOWNOF , ProsperTownCouncilProsperMunicipalChambe rs108W. Broadway, Prosper, TexasTuesday, February25, 2014 Prosperisa : 00p. :MayorRaySmithMayorPro-TemMeigsMillerDep utyMayorPro-TernKennethDuggerCouncilmemb erMichaelKorbulyCouncilmemberCurryVogels ang, :HarlanJefferson, TownManagerRobynBattle, TownSecretaryTerrenceWelch, TownAttorneyHulonT. Webb, Jr., ExecutiveDirectorofDevelopmentandCommuni tyServicesChrisCopple, DirectorofDevelopmentServicesKentAustin, FinanceDirectorDougKowalski, , :TheTownCouncilthankedBrownieTroop7231fo rleadingthepledges. TheBrowniesareheretolearnaboutlocalgover nmentandhowit workstosupportthecommunity. Inthecomingweeks, theywillbeworkingtowardidentifyinga "TakeActionProject" , newasphaltwasinstalledonColemanRoadsouth oftheHighSchooltorepairthepavementasa resultofa boxculvertcrossingcompletedwiththeTanner ' , March22, from8 - NoonintheparkinglotsaroundMainStreetPark . ResidentsmayPage1of9bringoldelectronics, treeandyarddebris, andbulkitemstoberecycled, andon-siteshreddingserviceswillbeavailab le.

2 Pleasebringa currentwaterbillanddriverslicenseasproof ofresidency. Formoreinformation, CentennialCelebrationonSaturday, April26, inthedowntownarea. Theeventwillincludeentertainment, storytelling, gamesandactivitiesforthewholefamilythatw illcelebrateProsper's past, presentandfuture. Formoreinformation, , theTown'snewChildren'sServicesLibrarian. SharonwillplanandpromotetheSummerReading Programandotheractivitiesthroughouttheye artoinspirealoveofreadingamongthechildre ninourcommunity. Ms. Aldertoncameforwardtointroduceherself, andtelltheCouncilaboutthenewChildren's :ItemsplacedontheConsentAgendaareconside redroutineinnatureandnon-controversial. TheConsentAgendacanbeacteduponinonemotio n. ItemsmayberemovedfromtheConsentAgendabyt herequestofCouncilMembersorstaff.)Deputy MayorPro-TemDuggerremoveditems4h, 4k, )RegularMeeting February11, 20144b. ConsiderandactuponcancelingtheMarch11, 2014, TownCouncilmeeting. (RB)4c. ConsiderandactuponadoptingResolutionNo.

3 14-07orderinga GeneralElectiontobeheldonMay10, 2014, andauthorizingtheTownManagertoexecuteagr eementswiththeCollinCountyElectionAdmini strationandtheDentonCountyElectionAdmini strationtoprovidejointelectionserviceswi ththeProsperIndependentSchoolDistrict. (RB)4d. ConsiderandactuponappointingMarkDeMattia totheBoardofDirectors,andapprovingtheapp ointmentofNathanP. Bontke, ScottRamsey, , andDavidBlomfortheremainingpositionsonth eBoardofDirectorsfortheProsperManagement DistrictNo. 1. (RB)4e. Considerapprovalofthepurchaseofonebrusht ruckfortheFireDepartment, fromChastangFord, throughtheHouston-GalvestonAreaCouncil (HGAC) CooperativePurchasingProgram; andauthorizeprepaymentoptions. (JC)4f. ReceivetheJanuary2014 FinancialReport. (KA)Page2of94g. ReceivetheQuarterlyInvestmentReportforth equarterendingDecember31, 2013. (KA)4i. Considerandactuponreceivingthe2013 RacialProfilingReportasrequiredbystatela w. (DK)4j. ConsiderandactuponOrdinanceNo.

4 14-08establishingacurfewforjuvenilesunde rtheageof17years. (DK)DeputyMayorPro-TemDuggermadea motionandMayorPro-TemMillersecondedthemo tiontoapproveallremainingitemsontheConse ntAgenda. Themotionwasapprovedbya voteof7- Considerandactuponanaddendumtothecurrent InterlocalagreementbetweentheTownofProsp erandtheNorthCentralTexasCouncilofGovern ment (NCTCOG) regardingtheimplementationoftheSmart911s ystem. (DK) ,theTownpaysa feefortheservice, whichisincludedintheTown's motionandCouncilmemberKorbulysecondedthe motiontoapproveItem4h. Themotionwasapprovedbya voteof 7- ConsiderandactuponOrdinanceNo. 14-09rezoning6. 5 acres, locatedonthewestsideofCusterRoad, 500 feetnorthofProsperTrail, fromAgricultural (A) toPlannedDevelopment-Office (PD-0). (Z13-0009). (CC)41. ConsiderandactuponOrdinanceNo. acresofPlannedDevelopment-57-Office (PD-57-0), locatedonthenorthsideofProsperTrail, 500 feetwestofCusterRoad. (Z13-0019). (CC)MayorSmithrecusedhimselffromItems4ka nd41, motionandMayorPro-TernMillersecondedthem otiontoapproveItems4kand41.

5 Themotionwasapprovedbya voteof6- :ThepublicisinvitedtoaddresstheCouncilon anytopic. However, theCouncilisunabletodiscussortakeactiono nanytopicnotlistedonthisagenda. Pleasecompletea "PublicMeetingAppearanceCard" andpresentit totheTownSecretarypriortothemeeting.)May orSmithrecognizedthefollowingindividualw horequestedtospeak:WayneBartley, 721 ShadowHillDrive, Prosper, spokeregardingtheactivitiesofCornerstone NorthCentralTexas. Hereviewedtheorganization'sprogramsandac complishmentsforthepreviousyear, andthenewprogramsplannedfor2014. CouncilmemberKorbulyandCouncilmemberWils onthankedMr. :If youwishtoaddresstheCouncilduringtheregul aragendaportionofthemeeting,pleasefillou ta "PublicMeetingAppearanceCard" andpresentit totheTownSecretarypriortothemeeting. CitizenswishingtoaddresstheCouncilforite mslistedaspublichearingswillberecognized bytheMayor. Thosewishingtospeakonanon-publichearingr elateditemwillberecognizedona case-by-casebasis, at thediscretionoftheMayorandTownCouncil.

6 PublicHearing, andconsiderandactupona requesttorezone0. 7 acrefromSingleFamily-15 (SF-15) toDowntownSingleFamily (DTSF), locatedonthenorthsideofThirdStreet, 200 feetwestofChurchStreet (309E. ThirdStreet).Z14-0001). (CC)DevelopmentServicesDirectorChrisCopp lepresentedthisitembeforetheTownCouncil. Theproposedzoningrequestis torezonethepropertyfromSingleFamily-15to DowntownSingle'Family, whichconformsto theFutureLandUsePlan. ThePlanningandZoningCommissionhasapprove dtherequest, , acrefromSingleFamily-15 (SF-15) toDowntownSingleFamily (DTSF), locatedonthenorthsideofThirdStreet, 200 feetwestofChurchStreet (309E. ThirdStreet). Themotionwasapprovedbya voteof7- PublicHearing, andconsiderandactupona requesttorezone0. 3 acrefromSingleFamily-15 (SF-15) toDowntownRetail (DTR), locatedonthewestsideofColemanStreet, 100 feetsouthofFifthStreet. (Z14-0002). (CC)DevelopmentServicesDirectorChrisCopp lepresentedthisitembeforetheTownCouncil. Theproposedzoningrequestis torezonethepropertyfromSingleFamily-15to DowntownRetail, whichconformstotheFutureLandUsePlan.

7 ThePlanningandZoningCommissionhasapprove dtherequest, , , CouncilmemberKorbulymadea acrefromSingleFamily-15SF-15) toDowntownRetail (DTR), locatedonthewestsideofColemanStreet, 100 feetsouthofFifthStreet. Themotionwasapprovedbya voteof7- PublicHearing, andconsiderandactupona requesttorezone0. 4 acrefromSingleFamily-15 (SF-15) toDowntownOffice (DTO), locatedonthenorthwestcornerofCraigRoadan dFirstStreet (713E. FirstStreet). (Z14-0003).CC)DevelopmentServicesDirecto rChrisCopplepresentedthisitembeforetheTo wnCouncil. Theproposedzoningrequestis torezonethepropertyfromSingleFamily-15to DowntownOffice, whichconformstotheFutureLandUsePlan. ThePlanningandZoningCommissionhasapprove dtherequest, , , DeputyMayorPro-TemDuggermadea acrefromSingleFamily-15 (SF-15) toDowntownOffice (DTO), locatedonthenorthwestcornerofCraigRoadan dFirstStreet (713E. FirstStreet). Themotionwasapprovedbya voteof7- (UTRWD). (KA)FinanceDirectorKentAustinpresentedth isitembeforetheTownCouncil.

8 TheTown'sagreementwiththeUpperTrinityReg ionalWaterDistrictallowstheTowntoutilize alternativefundingoptionsfortheTown'ssha reoftheDoeBranchWastewaterTreatmentPlant . Theproposedagreement, writtenbytheTown's bondcounsel, DanCulver, outlinesthetermsofthealternatefundingpro cedure. TheTownwillreceiveregularreportsonhowthe Town's , CouncilmemberWilsonmadeamotionandCouncil memberDixonsecondedthemotionauthorizingt heTownManagertoenterintoanAlternateFundi ngProcedureAgreementbetweentheTownofPros perandtheUpperTrinityRegionalWaterDistri ct (UTRWD). Themotionwasapprovedbya voteof7- Considerandactuponallmattersincidentandr elatedtotheissuanceandsaleoftheTownofPro sper, Texas, CombinationTaxandSurplusRevenueCertifica tesofObligation, Series2014, includingtheadoptionofanordinanceauthori zingtheissuanceofsuchCertificates, approvinganOfficialStatement, a BondPurchaseAgreement, a PayingAgent/RegistrarAgreement, andanengagementletterofBondCounsel. (KA)Page5of911. Considerandactuponallmattersincidentandr elatedtotheissuanceandsaleoftheTownofPro sper, TexasGeneralObligationRefundingandImprov ementBonds, Series2014, includingtheadoptionofanordinanceauthori zingtheissuanceofsuchBonds, approvinganOfficialStatement, aBondPurchaseAgreement, aPayingAgent/RegistrarAgreement, andanengagementletterofBondCounsel.

9 (KA)FinanceDirectorKentAustinintroducedJ asonHughesofFirstSouthwest, theTown'sFinancialAdvisor. Mr. HughesreviewedthetermsoftheCertificateso fObligationandtheGeneralObligationBonds. TheTownwillsavenearly $1 millionbyprovidingitsownfundingfortheDoe BranchWastewaterTreatmentPlant. Townstaffrecommendsfunding $13millionofits $16millionsharebydebt, withtheremaining $3millionfundedbycashin 's2004bondseriesfavorable. Alongwiththerefunding, Townstaffisproposingtoinclude $1millionforCIPprojectsincludingFrontier Parkfieldlighting, theWindsongRanchFireStation, andtheCookLaneFireStation. Thesavingsfromtherefundingwilldecreaseth eamountoftheTown's annualdebtserviceandcompletelyoffsetthec ostof , CouncilmemberVogelsangmadea motionandDeputyMayorPro-TemDuggerseconde dthemotiontoadoptOrdinanceNo. 14-11authorizingtheissuanceoftheTown'sCo mbinationTaxandSurplusRevenueCertificate sofObligation, Series2014, includingtheadoptionofanordinanceauthori zingtheissuanceofsuchCertificates, approvinganOfficialStatement, a BondPurchaseAgreement, a PayingAgent/RegistrarAgreement, andanengagementletterofBondCounsel.

10 Themotionwasapprovedbya voteof7- motionandMayorPro-TemMillersecondedthemo tiontoadoptOrdinanceNo. 14-12authorizingtheissuanceandsaleoftheT ownofProsper, TexasGeneralObligationRefundingandImprov ementBonds, Series2014,includingtheadoptionofanordin anceauthorizingtheissuanceofsuchBonds,ap provinganOfficialStatement, a BondPurchaseAgreement, a PayingAgent/RegistrarAgreement, andanengagementletterofBondCounsel. ConsiderandactuponanordinanceoftheTownCo unciloftheTownofProsper,Texas, amendingthebudgetforfiscalyear2013-2014i naccordancewithexistingstatutoryrequirem entsandappropriatingthevariousamountsref erencedherein;makingfindingsrelatedthere to, providingrepealing, savingsandseverabilityclauses; andprovidingforaneffectivedate. (KA)FinanceDirectorKentAustinpresentedth isitembeforetheTownCouncil. Theproposedbudgetamendmentwouldauthorize theuseof $3millionfromtheWater/Sewerfundtobeusedt ofundtheTown's motionandDeputyMayorPro-TernDuggersecond edthemotiontoadoptOrdinanceNo.