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CITY COUNCIL AGENDA COMMUNICATION |
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| | | | | | | | | AGENDA DATE: | January 12, 2021 |
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| | | | | | | | | SUBJECT: | Adopt a Resolution Appointing the Tax Increment Finance (TIF) Board of Directors for Tax Increment Financing Reinvestment Zone Number Three (Farm District Zone). |
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| | | | | | | | | STAFF RESOURCE: | Eric Ellwanger, City Manager |
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| | | | | | | | | PREVIOUS COUNCIL ACTION: | November 17, 2020, City Council Adopted Ordinance No. 3788-11-20 designating a certain area within the City of Allen as Reinvestment Zone No. Three which established the boundaries, and created a Board of Directors requiring the appointment of the Directors within sixty days of adopting of the creation of the TIF.
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| | | | | | | | | ACTION PROPOSED: | Adopt a Resolution Appointing the Tax Increment Finance (TIF) Board of Directors for Tax Increment Financing Reinvestment Zone Number Three (Farm District Zone). |
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| | | | | | | | STAFF RECOMMENDATION
Staff Recommends that the City Council Adopt a Resolution Appointing the Tax Increment Finance (TIF) Board of Directors for Tax Increment Financing Reinvestment Zone Number Three (Farm District Zone).
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| | | | | | | | MOTION
I make a motion to Adopt Resolution No. ___________ Appointing the Tax Increment Finance (TIF) Board of Directors for Tax Increment Financing Reinvestment Zone Number Three (Farm District Zone).
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