15-71 - R TOWN OF PROSPER, TEXAS RESOLUTION NO. 15-71
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER,
TEXAS, APPOINTING THE BOARD OF DIRECTORS OF THE PROSPER
TAX INCREMENT FINANCING REINVESTMENT ZONE NO. 2; MAKING
FINDINGS; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the Town Council has designated Prosper Tax Increment Financing
Reinvestment Zone No. 2 and appointed the initial Board of Directors; and
WHEREAS, the Town Council desires to appoint successor directors to the Board of
Directors whose terms of office have expired.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPER, TEXAS, THAT:
SECTION 1
To provide for staggered terms, Places 1, 3, 5, 7, and 9 shall be appointed for one-year
terms, and Places 2, 4, 6, and 8 shall be appointed for two-year terms beginning on January 1,
2016. All subsequent appointments shall be for terms of two years.
SECTION 2
The following individuals are appointed to the respective places of the Board of Directors
of Prosper Tax Increment Financing Reinvestment Zone No. 2, beginning on January 1, 2016,
and ending on the date of expiration indicated for such places.
Place 1: Prosper Town Council Member, Place 1 Term Expiration: December 31, 2016
Place 2: Prosper Town Council Member, Place 2 Term Expiration: December 31, 2017
Place 3: Prosper Town Council Member, Place 3 Term Expiration: December 31, 2016
Place 4: Prosper Town Council Member, Place 4 Term Expiration: December 31, 2017
Place 5: Prosper Town Council Member, Place 5 Term Expiration: December 31, 2016
Place 6: Prosper Town Council Member, Place 6 Term Expiration: December 31, 2017
Place 7: Mayor, Town of Prosper Term Expiration: December 31, 2016
Place 8: David Bristol, Board Member Term Expiration: December 31, 2017
Prosper Economic Development Corporation
170 N. Preston Road, Suite 50
Prosper, TX 75078
(972) 346-3397
Place 9: County Commissioner Susan Fletcher Term Expiration: December 31, 2016
Collin County Administration Building
2300 Bloomdale Road, Suite 4192
McKinney, TX 75071
(972) 424-1460 ext. 4631
SECTION 3
This Resolution shall become effective immediately upon its passage.
DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPER, TEXAS ON THIS 8TH DAY OF DECEMBER, 2015.
APPROVED:
,f a
Ray Smith, Ma or
ATTEST:
Robyn Ba e, Tower Secretary
APPROVED AS TO FORM AND LEGALITY:
Terrence S. Welch, Town Attorney
Resolution No.15-71,Page 2