9.A.
City Council Draft Agenda
- Meeting Date:
- 04/19/2022
- From:
- Stacy Fobar, Deputy City Clerk
TITLE:
Consideration of Appointments: Industrial Development Authority
STAFF RECOMMENDED ACTION:
Make two appointments to terms that expires April 2028.
Executive Summary:
By making appointments to the vacancies, the Industrial Development Authority will be just above the minimum membership required to take action. This will allow the Board to hear adjustments, act on bond requests, and perform administrative business. All seats are for six-year terms. There are two applications on file and they are as follows:
- Tara Boucher (new applicant)
- Lance MaGill (new applicant)
In an effort to reduce exposure to personal information the applicant roster and applications will be submitted to the City Council separately.
COUNCIL APPOINTMENT ASSIGNMENT: Mayor Deasy and Councilmember Salas
COUNCIL APPOINTMENT ASSIGNMENT: Mayor Deasy and Councilmember Salas
Financial Impact:
These are voluntary positions and there is no budgetary impact to the City of Flagstaff.
Policy Impact:
Not applicable.
Connection to PBB Priorities/Objectives, Carbon Neutrality Plan & Regional Plan:
There is no Council goal that specifically addresses appointments to Boards and Commissions; however, boards and commissions do provide input and recommendations based on City Council goals that may pertain to the board or commission work plan.
Has There Been Previous Council Decision on This:
None.
Options and Alternatives:
1) Appoint two Members: by appointing members at this time, the Industrial Development Authority will just above the minimum required membership, allowing the group to continue meeting to provide recommendations to the City Council.
2) Table the action to allow for further discussion or expand the list of candidates.
2) Table the action to allow for further discussion or expand the list of candidates.
Background and History:
The Industrial Development Authority consists of not less than three, nor more than nine citizens who meet on an as-needed basis.
The Board currently has two members and is inactive. In order to do any business, the Board must have a minimum of three active members. By appointing two members at this time, Council will ensure that the Board is able to meet even with an absence.
The Flagstaff Industrial Development Authority is an independent entity authorized by Arizona statutes to review and approve applications for bond financing that fit the definition of IDA projects like the acquisition, construction, improvement, rehabilitation and equipment of manufacturing, distribution, warehouse and health facilities; research and development; and pollution control facilities. The IDA itself does not hold or own bonds, but acts as the issuer. The City Council, as elected officials, gives final approval on all bond applications approved by the IDA.
The Board currently has two members and is inactive. In order to do any business, the Board must have a minimum of three active members. By appointing two members at this time, Council will ensure that the Board is able to meet even with an absence.
The Flagstaff Industrial Development Authority is an independent entity authorized by Arizona statutes to review and approve applications for bond financing that fit the definition of IDA projects like the acquisition, construction, improvement, rehabilitation and equipment of manufacturing, distribution, warehouse and health facilities; research and development; and pollution control facilities. The IDA itself does not hold or own bonds, but acts as the issuer. The City Council, as elected officials, gives final approval on all bond applications approved by the IDA.
Community Involvement:
The City's boards, commissions, and committees were created to foster public participation and input and to encourage Flagstaff citizens to take an active role in city government.
Expanded Options and Alternatives:
INFORM: The vacancies are posted on the City's website and individual recruitment and mention of the opening by Commission members and City staff has occurred, informing others of this vacancy through word of mouth.