Agenda Information Sheet
DEPARTMENT: Economic Development
CM/ ACM: Bryan Langley
Date: November 17, 2017
SUBJECT
Title
Receive a report, hold a discussion, and elect a Vice-Chair of the Tax Increment Reinvestment Zone No. 1 (Downtown TIF) Board.
Body
BACKGROUND
Ordinance No. 2010-316 specifies that the City Council shall designate a member of the Board to serve as chairperson of the Board of Directors, and the Board shall elect from its members a vice chairperson and other officers as it sees fit.
Marty Rivers, the most recent chair, reached his term limit and is no longer on the Board. Hank Dickenson has served as vice-chair for several years, but also reaches his term limit as the end of this year.
STRATEGIC PLAN RELATIONSHIP
The City of Denton’s Strategic Plan is an action-oriented road map that will help the City achieve its vision. The foundation for the plan is the five long-term Key Focus Areas (KFA): Organizational Excellence; Public Infrastructure; Economic Development; Safe, Livable, and Family-Friendly Community; and Sustainability and Environmental Stewardship. While individual items may support multiple KFAs, this specific City Council agenda item contributes most directly to the following KFA and goal:
Related Key Focus Area: Economic Development
Related Goal: 3.4 Encourage development, redevelopment, recruitment, and retention
EXHIBITS
Exhibit 1 - Agenda Information Sheet
Exhibit 2 - Ordinance 2017-203
Respectfully submitted:
Caroline Booth
Director, Economic Development
Prepared by:
Julie Glover
Economic Development Program Administrator