HomeMy WebLinkAboutResolution - 2578 - Establish Steering Committee- Central Business District- Downtown Revitalization - 05_28_1987Resolution #2578
Agenda Ftem #4
May 28, 1987
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RESOLUTION
WHEREAS, the City Council has established a Tax Increment Financing
District for the purposes of redeveloping and rejuvenating the central busi-
ness district and adjacent area; and
WHEREAS, there has been a renewed private interest in the downtown
area and the renewed interest in Downtown Lubbock, Inc.; and
WHEREAS, the last comprehensive review of the downtown area was a 1975
Development Plan; and
WHEREAS, a recommendation of the Tax Increment Financing Feasibility
Study was to develop an overall plan and strategy for the downtown area
which would act as a basis for decisions affecting the uses and sources of
TIF funds; and
WHEREAS, the first tax increment funds will become available in early
1988 for the implementation of the plan; NOW THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
SECTION 1. Creation. THAT there is hereby created and established a
central business district steering committee which shall have members to be
named by the City Council to oversee the development of a central business
district plan.
SECTION 2. Term. THAT the committee shall be in effect until the
Central Business District Plan is accepted.
SECTION 3. Composition. THAT the membership of the steering com-
mittee will be comprised of community representatives which represent the
major concerns of the area. The representation will consist of persons
from:
a. City Boards and Commissions; a representative from the
Planning and Zoning Commission, the Urban Design Com-
mission, and the Urban Renewal Board of Commissioners.
b. Public Agencies; a representative from Texas Tech Uni-
versity, the Board of City Development, the Chamber of
Commerce, Lubbock Independent School District, and the
County of Lubbock.
C. Nonprofit Development Organizations; a representative
from Lubbock Redevelopment Association, Inc., and from
Downtown Lubbock, Inc.
d. Private Sector; a representative of RepublicBank, American State
Bank, Texas Commerce Bank, First National Bank, First Federal
Savings & Loan, and the Avalanche Journal.
e. Members -At -Large; five representatives with specific interests
in the central business district.
SECTION 4. Chairperson. THAT the Steering Committee is to elect its
chairperson to preside at its meetings.
Passed by Council this 28th day of May, 1987
B. C. McMINN, MAYOR
ATTEST:
nette- Boyd, City SecretAiry
APPROVED AS TO CONTENT:
Sandy Ogl ree, Community Development
Administrator
APPROVED AS TO FORM:
Mi le Hart, ssistan City Attorney
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