Title
A RESOLUTION AUTHORIZING THE MAYOR TO APPOINT SUCCESSOR DIRECTORS TO THE HIGHWAY 50 & TODD GEORGE COMMUNITY IMPROVEMENT DISTRICT.
Body
Issue/Request:
A RESOLUTION AUTHORIZING THE MAYOR TO APPOINT SUCCESSOR DIRECTORS TO THE HIGHWAY 50 & TODD GEORGE COMMUNITY IMPROVEMENT DISTRICT.
Key Issues:
The Highway 50 and Todd George Community Improvement District (the "District") was established on March 3, 2013, by Ordinance No. 7315.
The District is run by a Board of Directors. The CID Act and Article III Section 5 of the District Bylaws provide for the Mayor of the City to appoint Successor Directors of the District, with the consent of the City Council.
The terms of three Directors have expired. The attached Resolution reappoints Rick Taylor, Bernell Rice and Conrad Lamb, as Successor Directors to each serve for the term of March 26, 2016 through March 25, 2020.
Proposed City Council Motion:
I move for approval of A resolution authorizing the MAYOR TO APPOINT SUCCESSOR DIRECTORS TO THE HIGHWAY 50 & TODD GEORGE COMMUNITY IMPROVEMENT DISTRICT.
Recommendation
Recommendation: Staff recommend approval of this resolution.