Item Coversheet

CITY COUNCIL AGENDA COMMUNICATION
AGENDA DATE:October 10, 2017
SUBJECT:
Adopt a Resolution Reappointing Members to Fill Expiring Terms on the Board of Directors for Tax Increment Financing (TIF) Reinvestment Zone No. 2 (Central Business District).
STAFF RESOURCE:
Shelley B. George, City Secretary
ACTION PROPOSED:
Adopt a Resolution Reappointing Members to Fill Expiring Terms on the Board of Directors for Tax Increment Financing (TIF) Reinvestment Zone No. 2 (Central Business District).



BACKGROUND

On December 12, 2006, the City Council adopted Ordinance No. 2580-12-06 designating Allen Tax Increment Financing Reinvestment Zone No. 2 and creating a Board of Directors. Members are appointed to serve two year staggered terms. The City Council is asked to consider the following reappointments to fill expiring terms and set a term expiration of September 30, 2019:

 

Place No. 1 - Peter H. Vargas, City Manager, City of Allen

Place No. 3 - Lee Battle, Assistant Director of Community Development, City of Allen

Place No. 5 - Dan Bowman, Executive Director, Allen Economic Development Corporation

Place No. 7 - Bruce Heller, JaRyCo Development, L.L.C.


STAFF RECOMMENDATION

Staff recommends that the City Council make reappointments to fill expiring terms on the Board of Directors for Tax Increment Financing (TIF) Reinvestment Zone No. 2 (Central Business District).

MOTION

I make a motion to adopt Resolution No. __________ reappointing members to fill expiring terms on the Board of Directors for Tax Increment Financing (TIF) Reinvestment Zone No. 2 (Central Business District).


ATTACHMENTS:
Description
Resolution