Hobby Area Management District Board of Directors met April 19

Hobby Area Management District Board of Directors met April 19.

Here are the minutes provided by the board:

The Board of Directors of the Hobby Area Management District held a regular meeting on Wednesday, April 19, at 4:30 p.m. at DoubleTree Hotel, 8181 Airport Blvd, Houston TX 77017, inside the boundaries of the District, open to the public, and the roll was called of the members of the Board, to-wit:

Position 1, Christopher Pool

Position 2, Scott Wilkerson

Position 3, Liliana Rambo

Position 4, Ann Collum, Secretary

Position 5, Vincent Marquez

Position 6, vacant

Position 7, vacant

Position 8, Darryl Bailey

Position 9, Jesse Levine

Position 10, Katie Jones

Position 11, Charles Watts, Chairman

Position 12, Anthony Macias

Position 13, Christopher Migl, Vice Chairman

and all the above were present, except for Directors Rambo, and Levine, thus constituting a quorum. Also present were Josh Hawes, Susan Hill, Alan Bernstein, Victor Beserra, Leticia Rodriguez, and Hunter Yeager, Hawes Hill & Associates, LLP; Debbie Bessire, Equi-Tax, Inc.; Alexandra Manatou, Allen Boone Humphries Robinson LLP. Others attending the meeting were Linda Hinojosa. The meeting was called to order at 4:33 p.m.

ADOPT A RESOLUTION CHANGING THE DAY AND TIME FOR REGULAR MEETINGS OF THE BOARD OF DIRECTORS OF HOBBY AREA MANAGEMENT DISTRICT (HARRIS COUNTY IMPROVEMENT DISTRICT NO. 9)

Mr. Hawes reviewed the Resolution Changing the Day and Time for Regular Meetings of the Board of Directors of Hobby Area Management District, included in the Board materials. He stated the resolution changes the day and time for the regular meetings of the Board of Directors to the 3rd Wednesday of the month at 4:30 p.m. Upon a motion duly made by Director Migl, seconded by Director Bailey, the Board voted unanimously to amend the Resolution as presented.

Director Collum expressed her concerns regarding the new time/date for future Hobby Area Management District meetings.

RECEIVE PUBLIC COMMENTS.

Ms. Hinojosa, Houston Arts Center introduced herself to the Board of Directors. She provided information regarding the organization and inquired about future sponsorships.

APPROVE MINUTES OF BOARD MEETING HELD FEBRUARY 8, 2023.

Upon a motion duly made by Director Collum, seconded by Director Marquez, the Board voted unanimously to approve the Minutes of February 8, 2023, as presented.

RECEIVE ASSESSMENT COLLECTION AND DELINQUENCY REPORTS.

Ms. Bessire went over the Assessment and Collection and Delinquency Report included in the Board materials. She reported a 92% collection rate on the 2022 assessments, $0 in uncertified values for 2022, and 221 unsettled accounts. There was discussion regarding any major changes compared to last year's numbers. Upon a motion made by Director Macias, seconded by Director Collum, the Board voted unanimously to approve and ratify the Assessment Collection and Delinquent Reports, as presented.

RECEIVE BOOKKEEPER'S REPORT, INCLUDING REVIEW OF DISTRICT'S CURRENT INVESTMENTS, AND APPROVE PAYMENT OF INVOICES.

Mr. Davenport presented the Bookkeeper's Report and went over the invoices included in the Board materials. There was a discussion regarding Texas Class investments; and Line Item #6050 for Porter Service. Upon a motion made by Director Bailey, seconded by Director Jones, the Board voted unanimously to accept and ratify the Bookkeeper's financial report and approve payment of all invoices, as presented.

ACCEPT ANNUAL DISCLOSURE STATEMENT FROM INVESTMENT OFFICER AND BOOKKEEPER. Mr. Hawes reviewed the annual disclosure statements from the investment officer and bookkeeper and stated the investment officer and bookkeeper are required to disclose any relationships with entities or individuals engaged in an investment transaction with the District. He reported the investment office and the bookkeeper reported none.

CONDUCT ANNUAL REVIEW OF INVESTMENT POLICY AND ADOPT RESOLUTION REGARDING ANNUAL REVIEW OF INVESTMENT POLICY.

Mr. Hawes reported the District is required to annually review its Investment Policy and amend the Policy when required by any legislative changes to the investment laws. He reported the Attorney has reviewed the Investment Policy and no legislative laws have been enacted affecting the current policy and recommends no changes be made.

ADOPT RESOLUTION ESTABLISHING THE AUTHORIZED DEPOSITORY INSTITUTION AND ADOPTING LIST OF QUALIFIED BROKER/DEALERS WITH WHOM THE DISTRICT MAY ENGAGE IN INVESTMENT TRANSACTIONS.

Mr. Hawes reviewed the amended Broker/Dealer list provided by the Investment Officer including institutions with whom the District may engage in investment transactions.

Upon a motion duly made by Director Collum, seconded by Director Migl, the Board voted unanimously to (a) accept Annual Disclosure Statements from Investment Officer and Bookkeeper; (b) adopt the Resolution Regarding the Annual Review of Investment Policy; and (c) adopt the Resolution Establishing the Authorized Depository Institutions and Adopting List of Qualified Broker/Dealers with Whom the District May Engage in Investment Transactions, as presented.

CONSIDER ENGAGEMENT OF MCCALL GIBSON SWEDLUND BARFOOT PLLC FOR ANNUAL AUDIT.

Mr. Hawes went over the proposal from McCall Gibson to provide audit services for fiscal years 2022 and 2023, included in the board materials. He reported the estimated fees range between $16,500 and $18,500 for each fiscal year and is in line with the fees from the previous year. Upon a motion duly made by Director Marquez, seconded by Director Jones, the Board voted unanimously to approve the proposal from McCall Gibson Swedlund Barfoot PLLC to prepare the District's Annual Financial Report and Audit for FY2022 and FY2023 in the amount of $16,500.00 to $18,500.00 for each fiscal year, as presented.

RECEIVE AND ADOPT DRAFT SERVICE AND IMPROVEMENT PLAN AND ASSESSMENT PLAN. Ms. Hill reviewed the Service and Improvement Plan and Assessment Plan, included in the Board materials. She discussed the timeline and next steps. There was a discussion regarding a revised District map. Upon a motion duly made by Director Marquez, seconded by Director Pool, the Board voted unanimously to approve the Service and Improvement Plan and Assessment Plan, as presented.

RECEIVE REPORT ON PUBLIC SAFETY MATTERS IN THE DISTRICT.

a. Consider sponsorship funding for the 2023 National Gang Conference. Mr. Beserra provided an overview of the 2023 National Gang Conference and answered questions. Upon a motion duly made by Director Collum, seconded by Director Marquez, the Board voted unanimously to approve the sponsorship of 5 DRT and 2 crime suppression officers to attend the 2023 National Gang Conference for a total not to exceed $4,800.00, as presented.

REESTABLISH DISTRICT COMMITTEES, APPOINT COMMITTEE CHAIRS, AND ESTABLISH MEETING TIMES.

Mr. Hawes provided an overview of the Districts committees, the appointment of Committee chairs, and the establishment of meeting times. The Board reestablished the following: Public Safety Committee; the Business and Economic Development Committee; the Environmental & Urban Design Committee; and the Hobby Fest Committee. Director Watts agreed to chair the Public Safety Committee Chair; Director Marquez the Business and Economic Development Committee; Director Pool the Environmental & Urban Design Committee; and Director Collum the Hobby Fest Committee. After further discussion, the Board voted to establish the 1st Monday of each month at 1:00 p.m. Public Safety; 2:00 p.m. Business and Economic Development; and 3:00 p.m. Environmental & Urban Design.

NEXT MEETING - May 17, 2023, 4:30 p.m.

The Board confirmed the date of its next meeting is Wednesday, May 17, 2023, at Powell Industries, 8550 Mosley Rd, Houston TX 77075.

ADJOURN.

There being no further business to come before the Board, Chairman Watts adjourned the meeting at 5:41 p.m.

https://hadistrict.org/accountability/minutes/