Title
Approving a resolution appointing Mr. Mike Marsh, Position 1, as chairman of Reinvestment Zone No. One (Falcon Pointe TIRZ) for a one-year term beginning January 1, 2013.
Summary
The City Council approved Ordinance No. 1124-12-11-27 on November 27, 2012 which specified that the Mayor shall annually nominate and the City Council shall appoint, one member of the board of directors of the Zone to serve as chairman for a term of one year that begins on January 1 of the following Year. This is consistent with the Texas Tax Code Section 311.009 (f) that specifies that each year the governing body of the municipality or county that created the zone shall appoint one member of the board to serve as chairman for a term of one year that begins on January 1 of the following year. Mayor Jeff Coleman has recommended the appointment of Mr. Mike Marsh, Position 1, as chairman of the Zone. Mr. Marsh is the current chairman.
This resolution has been approved as to form by Mr. Charles Zech, Denton, Navarro, Rocha & Bernal, Attorney representing the Falcon Pointe TIRZ.
Deadline for City Council Action
December 31, 2012.
Fiscal Impact
None.
Staff Recommendation
Approve the resolution appointing Mr. Mike Marsh, Position 1, as chairman of Reinvestment Zone No. One (Falcon Pointe TIRZ) for a one-year term beginning January 1, 2013.
Drafter
Karen Thompson
City Secretary