File #: TIF17-008    Version: 1 Name:
Type: Tax Increment Reinvestment Zone Number One Board
File created: 11/7/2017 In control: Tax Increment Reinvestment Zone Number One Board
On agenda: 11/17/2017 Final action:
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.
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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 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

1.                     Agenda Information Sheet

 

 

                                                                                                                                                   Respectfully submitted:

                                                                                                                              Caroline Booth

                                                                                                                              Director, Economic Development

 

Prepared by:

Julie Glover

Economic Development Program Administrator