Title
A Resolution authorizing the Mayor to appoint successor directors to the I-470 Community Improvement District.
Body
Issue/Request:
A resolution authorizing the Mayor to appoint successor directors to the I-470 Community Improvement District.
Key Issues:
The I-470 Community Improvement District (the “District”) was established on February 1, 2007 by Ordinance No. 6340.
The District is run by a Board of Directors. The Community Improvement District (CID) Act and the District By-Laws provide for the Mayor of the City to appoint Successor Directors of the District, with the consent of the City Council.
The terms of two Directors have expired and are being recommended for re-appointment. The attached Resolution, if approved, would re-appoint Bette Wordelman and Ryan Elam as City Representatives and Successor Directors each to serve 4 year terms.
Proposed City Council Motion:
I move approval of the Resolution authorizing the Mayor to appoint successor directors to the I-470 Community Improvement District.
Presenter
Mark Dunning, City Manager
Recommendation
Staff recommends approval of the Resolution.