PRESENTER: Presenter
Gayle Wilkinson, City Secretary
Body
SUBJECT: Title
Approval of the appointment of Larry Guerra to the Tax Increment Reinvestment Zone #1 (TIRZ #1) for the unexpired Comal Independent School District Representative seat with a term ending 11-30-2028.
Header
DEPARTMENT: City Secretary
Body
COUNCIL DISTRICTS IMPACTED: 4 and 5
BACKGROUND INFORMATION:
The Reinvestment Zone No. 1 - Creekside TIRZ Board makes recommendations to Council concerning the administration of the Zone, prepares and adopts a project plan and reinvestment financing plan for the Zone and implements project plan and financing plan with power to employ consultants, subject to Council approval. This board also serves as the New Braunfels Development Authority as needed.
This board shall consist of seven members. Positions One through Five on the Board of Directors shall be reserved for the City. Positions Six and Seven shall be reserved for other taxing units levying taxes within the Zone, each of whom may appoint one director. Any other taxing unit that appoints a director shall be assigned a Board position number in the order the City receives the appointment. If more than two taxing units (other than the City) levying taxes within the Zone appoint a director, the number of directors on the Board of Directors shall be increased by one for each taxing unit ( other than the City) above two that appoints a director to the board; provided, if more than four taxing units ( other than the City) levying taxes within the Zone appoint a director, the number of directors on the Board of Directors shall be increased by two for each taxing unit above four that appoints a director to the board, provided, further, that the maximum number of directors shall not exceed fifteen (15).
Larry Guerra is recommended to city council to fill the unexpired seat (expiring November 30, 2026.) for the Comal Independent School District Representative with a term being extended to November 30, 2028.
ISSUE:
N/A
STRATEGIC PLAN REFERENCE:
☐Economic Mobility ☐Enhanced Connectivity ☐Community Identity
☐Organizational Excellence ☐Community Well-Being ☐N/A
FISCAL IMPACT:
No fiscal Impact.
Recommendation
RECOMMENDATION:
Staff recommends the appointment of one (1) individual with an extended term ending November 30, 2028.