Title
Consider/Discuss/Act on a Resolution Appointing Members to the Tax Increment Reinvestment Zone Number One (TIRZ1) Board
Summary
COUNCIL GOAL: Operational Excellence
MEETING DATE: September 7, 2021
DEPARTMENT: City Secretary | City Attorney
CONTACT: Mark Houser, City Attorney | Empress Drane, City Secretary
RECOMMENDED CITY COUNCIL ACTION: Approve Resolution for TIRZ1 members
ITEM SUMMARY:
* One (1) member may be appointed by Collin County, consistent with Section 311.009 of the Texas Tax Code, as amended.
* One (1) member shall be a representative of the McKinney Planning & Zoning Commission, with their TIRZ1 appointment being consistent with their P&Z appointment term.
* All members of the Board of Directors shall meet eligibility requirements as set forth in Chapter 311 of the Texas Tax Code.
* The Board of Directors shall be appointed by resolution or ordinance of the City or applicable taxing jurisdiction.
* Current members are:
EXPIRING SEATS Term Expiration
Bill Cox, Planning & Zoning 09-30-2021
Rainey Rogers 09-30-2021
Rick Franklin 09-30-2021
Frederick Frazier 09-30-2021
REMAINING SEATS Term Expiration
George Fuller 09-30-2022
Ger? Feltus 09-30-2022
Charlie Philips 09-30-2022
Justin Beller 09-30-2022
COLLIN COUNTY MEMBER Term Expiration
Darrell Hale effective until new member appointed by Collin County Commissioners' Court
BACKGROUND INFORMATION:
* On September 21, 2010, the City Council adopted Ordinance 2010-09-034 establishing a tax increment financing reinvestment zone ("TIRZ") known as Reinvestment Zone Number One.
* Ordinance Number 2017-01-010 which amended and superseded Ordinance 2011-07-046 which established a Board of Directors comprised of nine (9) members for the TIRZ and provided that the City Council shall be entitled to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 member of the Planning and Zoning Comm...
Click here for full text