Agenda Information Sheet
DEPARTMENT: Economic Development
CM/ ACM: Bryan Langley
Date: November 17, 2017
SUBJECT
Title
Receive a report, hold a discussion, and make recommendations to City Council to fill three seats on the Tax Increment Reinvestment Zone No. 1 (Downtown TIF) Board.
Body
BACKGROUND
On December 7, 2010, City Council adopted an ordinance creating the Tax Increment Reinvestment Zone No. 1 (Downtown TIF).
On February 1, 2011, City Council appointed the TIF Board Members. Board membership is structured as follows:
* Two Members shall be City Council Members
* Two Members shall be either property owners or residents from within the zone
* Two Members shall be either business owners from within the zone or Chamber of Commerce members and
* One Member has no specific category, but must be a qualified voter in the City of Denton.
One position is currently eligible for reappointment: Melissa Lenaburg. She has expressed an interest in serving another term, if it pleases the City Council. Staff recommends reappointing Ms. Lenaburg.
Two positions have termed out, Virgil Strange (owner of property located within the Zone) and Hank Dickenson (member of Denton Chamber of Commerce Board of Directors).
Two people have expressed interest in serving on the Downtown TIF Board: Alex Payne and John Lenz, both of whom are downtown business owners and property owners within the district. Staff recommends appointing Mr. Payne and Mr. Lenz.
Current Slate
TIF Board Member
Category
Original
Appointment
Present Term
Sara Bagheri
City Council
6/2017
2017-2019
Gerard Hudspeth
City Council
6/2017
2017-2019
Melissa Lenaburg
Property Owner
2/2016
2015-2017
Virgil Strange
Property Owner
2/2011
2015-2017
Ben Eseley
Business Owner
8/2017
2016-2018
Hank Dickenson
Chamber of Commerce
2/2011
2015-2017
Paul Meltzer
Qualified Voter
8/2017
2016-2018
The Board's recommendations for these three positions will be presented to City Council on December 5, 2017.
STRATEGIC P...
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