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AI# 13030  Regular City Council Meeting 7.9. 12/03/2024:

Information

Agenda Item

Board Appointment - City Secretary: Consider the appointment of the Chairperson of the North Overton Tax Increment Financing Reinvestment Zone Board of Directors, for the 2025 Calendar Year, with the term ending on December 31, 2025.

Item Summary

Per Section 311.009(f) of the Tax Increment Financing Act, the governing body of the municipality that created the Tax Increment Financing Reinvestment Zone (TIF), shall appoint one member of the board to serve as chair for a term of one year beginning January 1 of the following year. Jeff Dane is the current chairperson of the North Overton TIF Reinvestment Zone Board of Directors and has served as chair since 2018. Per the City Council Policy and Procedure for Boards, Commissions and Committees: “The Chair and Vice-Chair shall not serve more than two (2) consecutive one-year terms. The Council shall reserve the right, as deemed necessary in individual instances, to allow more than two (2) consecutive one-year terms.”

Fiscal Impact

None

Staff/Board Recommending

Courtney Paz, City Secretary

Attachments No file(s) attached.

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