HomeMy WebLinkAboutResolution - 2002-R0019 - Resolution Outlining Qualifications For Potential Members - TIF Central Business - 01/10/2002Resolution No. 2002-R0019
January 10, 2002
Item No. 42
RESOLUTION NO. 2002-R0019
WHEREAS, the City of Lubbock has established the Central Business District
Tax Increment Financing Reinvestment Zone for the City of Lubbock pursuant to the
Tax Increment Financing Act ("Act") for the purpose of encouraging development and
redevelopment; and
WHEREAS, the City Council of the City of Lubbock desires to appoint five
members to the Board of Directors for the Central Business District Tax Increment
Financing Reinvestment Zone ("the Zone"); and
WHEREAS, the City Council also desires to appoint one of these members to
serve as chairman of the Board of Directors; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
SECTION 1: THAT the following individuals who are qualified voters in the
City of Lubbock or who are at least 18 years of age and own real property in the Zone,
are hereby appointed as members of the Board of Directors for the Tax Increment
Financing Reinvestment Zone for the Central Business District of the City of Lubbock:
Merle Blosser
R. J. Givens
M. Dolores Milhous
Brent Noble
Jim Shearer
SECTION 2: THAT two of the five individuals appointed in Section 1 shall
serve a one year term and the other three individuals shall serve two year terms as
determined by drawing lots; and
SECTION 3: THAT Merle Blosser shall serve as chairman of the Board of
Directors of the Central Business District Tax Increment Financing Reinvestment Zone
until January 1, 2003; and
SECTION 4: THAT this resolution shall be effective immediately upon its
passage.
Passed by the City Council this 10th day of January , 2002.
qDY SIT N, A
ATTEST:
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Rebecca Garza, City Secretary
APPR D AS T ONTENT:
aig FarrAr
Managing Director of Planning
APPROVED AS TO FORM:
Linda L. Chamales
Supervising Attorney, Office Practice
LC:/Cityatt/Linda/T1F.appt & ccdocs
November 6, 2001