17-26 - RTOWN OF PROSPER, TEXAS
RESOLUTION NO. 17-26
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. 1; MAKING
FINDINGS; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the Town Council has designated Prosper Tax Increment Financing
Reinvestment Zone No. 1 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. Members of the Board of Directors are appointed
to two-year, staggered terms.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPER, TEXAS, THAT:
SECTION 1
The following individuals are appointed to the respective places of the Board of Directors
of Prosper Tax Increment Financing Reinvestment Zone No. 1, beginning on January 1, 2017,
and ending on December 31, 2018.
Place 1: Prosper Town Council Member, Place 1
Place 3: Prosper Town Council Member, Place 3
Place 5: Prosper Town Council Member, Place 5
Place 7: Mayor, Town of Prosper
Term Expiration:
December 31, 2018
Term Expiration:
December 31, 2018
Term Expiration:
December 31, 2018
Term Expiration:
December 31, 2018
Place 9: County Commissioner Susan Fletcher Term Expiration: December 31, 2018
Collin County Administration Building
2300 Bloomdale Road, Suite 4192
McKinney, TX 75071
(972) 424-1460 ext. 4631
SECTION 2
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 11TH DAY OF APRIL, 2017
APPROVED:
A.W�
Ray Smith, Mayor
Iilir►►►,flr
OF PRO
ATTEST:
e r
p V �
Robyn Batt , Town Secretary ®ems®�A °TA
APPROVE AS TO FORM AND LEGALM01111111%°�,
Terrence S. Welch, Town Attorney
Resolution No. 17-26, Page 2