News post

May 12, 2026 Meeting Summary

May 26, 2026

This news post summarizes the key topics discussed and decisions made during the Viridian MMD Board of Directors meeting on May 12, 2026.

Please Note: This summary is provided for the convenience of residents and interested parties to highlight actions taken and matters discussed. This is not the official record of the meeting. The official minutes are prepared and approved by the Board at a subsequent meeting and will be posted on the District’s website once adopted.

Key Topics and Decisions

Public Comments

One resident addressed the Board regarding street light issues that included several non-working lights in the vicinity of his residence.  He requested the board forego action on increasing the budget for streetlight repair (agenda item 16f) until it determined if funding for these repairs could be addressed through a warranty action.

Note:  Per the Texas Meetings Act, the board cannot engage the speaker on the matter when presented.  

Board Related Matters

The board seated new Director Claudia Cozzalini and addressed various administrative and training matters related to Board requirements, roles and activities.  Board member David Devries will remain as Chair, John Smith as Deputy Chair, Terry Betrand as Secretary and Denise Clifton was added as Assistant Secretary.

Consent Agenda and Administrative Matters

The Board approved the minutes of the April board meeting (Item 7a), the Communications and Website Report (Item 7c), and the Interim Arbitrage Rebate Analysis - Viridian Assessment Revenue Bonds, Series 2017, 2018, 2020, and 2022 (item 7g).  After discussion, the Board approved items 7b Property Maintenance Report, 7d Viridian Sailing Foundation Report (that included presentation by Sailing Center Representatives-see below), 7e Bookkeepers Report, and 7f Tax Collectors Report.

Sailing Center Report

Sailing Center Foundation representatives reported the delivery of a new “Coach Boat” and the proceeds ($3,000) from the sale of the old boat. The board approved a request to use   excess Tax Increment Finance Reinvestment Zone (TIRZ) Funds already allocated to the Center to fund supplies for a storage shed and prop guards.  The foundation representatives also reported that the funding of Sailing Center Staff, approximately $52K, is pending review by the Viridian Residential Association board.   

Financial Advisor Services

The Board approved the termination of the current service agreement with Robert W. Baird and Company Incorporated and approved the execution of a new agreement with Cedar Creek Municipal Management Advisors.  This change, which involves staff from Baird forming the new group, was precipitated by an amicable separation agreement executed in March 2026 and will provide the same level of service previously enjoyed with Baird with the advantage of being able to use Baird’s underwriting services as they serve as one of the top underwriters in the space.

District Amenities

The Board discussed ongoing construction of phase I of the “Viridian Nature Reserve” that re-purposes the former beach.  The Board also approved the posting of an update on the VMMD site that describes actions to date relative to re-purposing and the plan going forward.

2025 Audit Review 

The Board received a presentation on, and subsequently approved, the audit for the fiscal year ending December 31, 2025 pending review of the audit notes by legal

Developer’s Report

The Board received an update on development activities within the District.  Year to date, Viridian has 40 new home starts, 32 sales, and 31 closings.  The average new home sale price is $644,000.  The sale price is being driven by the sale of Drees homes in Village 3C, the Elements, which are a larger product by square footage than the “Quad” product also offered in that community.  

The site currently serving as the construction yard for the latest phase of Streetlights Apartments (just west of the Childcare facility) is under contract with a Medical (Pediatrician) office.

Landscape efforts related to the new monument signage at the entrance of Collins and Blue Lake continues.

All Arlington City permits have been approved for Traffic Signal improvements at Blue Lake and Collins and at the entrance to Lakeside at Viridian and River Legacy Park.  The contractor will begin work shortly.  Completion of these projects will not occur until the latter half of the year as there is a substantial lead time on critical project materials.

Work on public improvements to Meadow Hawk Drive will begin approximately June 1st.   Improvements will impact Meadow Hawk Drive mid-block to Birds Fort Drive.  Sidewalk work is expected to be complete in July and sod/irrigation in August.

Park work is complete in the Elements and the certificate of substantial completion should be provided to the board in June.   

Railroad Buffer Trail work continues in the Elements.  The Contractor will work west to east first pouring sections of trail followed by landscaping culminating in the final section that will connect the trail to River Legacy Park. 

Rule Making Process and Specific Policies

The Board considered the adoption of multiple policies and procedures related to the administration of the District.  After discussion, the Board approved a rule-making policy, a road ponding and repair policy, a roadway safety improvement policy, and approved a temporary “good neighbor” policy for the Elements Quad areas and a draft permanent policy for parking in the Quad areas in the Elements and directed that the policy be submitted to the newly adopted rule-making policy. 

Infrastructure and Maintenance 

The Board approved funding, under $1000, to inspect non-working cameras at several locations in the District.

Work on the Boyd Branch stabilization is scheduled to being mid-May.

The next meeting for the Viridian MMD Board of Directors is scheduled for June 9, 2026 at noon.

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