PRESENTER: Presenter
Gayle Wilkinson, City Secretary
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SUBJECT: Title
Approval of the appointments of Chad Nolte, Nathan Manlove, and Atanacio Campos to the Tax Increment Reinvestment Zone No. 3 for the Property Owner Seats and Joe Turner to the At large seat with terms ending May 31, 2026.
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DEPARTMENT: City Secretary
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COUNCIL DISTRICTS IMPACTED: All Districts
BACKGROUND INFORMATION:
The duties of the TIRZ No. 3 Board will include making recommendations to the City Council concerning the administration, management, and operation of the Zone. The Board shall perform all duties imposed upon by Chapter 311 of the Texas Tax Code and all other applicable laws.
New Braunfels Tax Reinvestment Zone #3 Board shall consist of seven members. Five of these members shall be individuals owning property within the zone and two shall be at-large residents residing in Comal or adjacent counties. The City Secretary’s Office received applications from February 1, 2024, to March 31, 2024, and received 4 applicants. The Ad Hoc Committee recommends the appointments of Chad Nolte, Nathan Manlove, and Atanacio Campos to the Tax Increment Reinvestment Zone No. 3 for the Property Owner Seats and Joe Turner to the At large seat with terms ending May 31, 2026.
STRATEGIC PLAN REFERENCE:
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FISCAL IMPACT:
No Fiscal Impact.
Recommendation
RECOMMENDATION:
Staff recommends approval of four (4) individuals to the TIRZ #3 with terms ending May 31, 2026.