City Council - Regular Meeting
The Saginaw City Council elected a new Vice Chair and approved the Tax Increment Reinvestment Zone (TIRZ) #1 fund budget for fiscal year 2026-2027, allocating funds for the rebuilding of East McElroy.
About this meeting
- Government Body
- City Council
- Meeting Type
- City Council
- Location
- Saginaw, TX
- Meeting Date
- August 11, 2026
Transcript
13 sections
All right, do I need a second? Sure, let's get a second.
Anybody want a second? I'll second.
Do we have any other nominations for Vice Chair? Okay, then cast your votes. All right, most passes. Paul, congratulations. All right, two, presentation of minutes, approval of minutes for August 12th, 2025. City Secretary, Vicky Vega. Anything you want to add?
No, sir, there's nothing to add.
Okay, any questions on those minutes? Questions, comments? If not, I'll entertain a motion. All right.
I'll second.
Valerie second. Motion passes. With the record effect, we do have a quorum. 3A, consideration action regarding proposed tax increment reinvestment zone number one, fund budget for fiscal year 2026-2027. Gabe Ray, I'm city manager.
Mayor and council, as the tourist fund continues to grow and balance as a result of the growth within its boundaries, we're using those funds for qualified infrastructure projects. So as you'll see this year and in future years, that money will be used to rebuild portions of East McElroy. So discussed this a few times, various workshops. There's no additions.
So it's phase 2B, which part of the road is 2B, do you recall?
Yeah, so the portion that's in the TURs would be from Blue Mound all the way to the Falcon Project. So that whole roadway is TURs eligible. Gotcha, okay.
That's an excellent use of those funds. Maybe the worst street we have in the city. All right, any questions on this budget, folks? Any questions for Gabe? All right. I will entertain a motion. Motion passes. Thank you, folks. Board's adjournment.
That's it. That's all we have, right?
I'll entertain a motion to adjourn. I'll entertain a motion to adjourn. Valerie? Sean second? There you go, Sean. Please cast your votes. Motion passes at 533. We are adjourned. Thank you, folks.
This transcript was automatically generated from the official public meeting video and is presented unedited. It reflects remarks made on the public record by elected officials, staff, and public commenters. Transcript accuracy may vary; view the original recording for reference.