Title
Consider/Discuss/Act on a Resolution Amendment Appointing a Member to the Tax Increment Reinvestment Zone Number Two (TIRZ2) Board
Summary
COUNCIL GOAL: Operational Excellence
MEETING DATE: November 5, 2019
DEPARTMENT: City Secretary
CONTACT: Empress Drane, City Secretary
RECOMMENDED CITY COUNCIL ACTION:
* Approve a resolution amendment appointing County Commissioner Darrell Hale to the TIRZ2 Board, correcting an administrative error.
ITEM SUMMARY:
* On January 14, 2019, the Collin County Commissioner's Court appointed Commissioner Darrell Hale to serve on the McKinney TIRZ2 board.
* On August 26, 2019, Judge Chris Hale was erroneously submitted for Council approval.
* Judge Hale has not actively participated, since no TIRZ2 meeting has convened since the appointment on August 26, 2019.
* Approval of this resolution will correct Resolution #2019-08-102(R)
* Approval of this resolution will result in the following TIRZ2 Board:
Member Term Expiration
Scott Elliott, City Council September 30, 2020
George Fuller, City Council September 30, 2020
Darrell Hale, Collin County September 30, 2020
Charlie Philips, City Council September 30, 2020
La'Shadion Shemwell, City Council September 30, 2020
Richard Franklin, City Council September 30, 2021
Frederick Frazier, City Council September 30, 2021
Roger Harris, Aviation Industry September 30, 2021
Rainey Rogers, City Council September 30, 2021
BACKGROUND INFORMATION:
* On September 21, 2010, the City Council adopted Ordinance 2010-09-035 establishing a tax increment financing zone ("TIRZ") known as Reinvestment Zone Number Two.
* Ordinance Number 2017-01-011 which amended and superseded Ordinance 2011-04-017 which established a Board of Directors comprised of nine members for the TIRZ and provided that the City Council shall be entitled to appoint a minimum of eight (8) board members to staggered two (2) year terms and also provides that the City Council shall endeavor to appoint a memb...
Click here for full text