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17-27 - RTOWN OF PROSPER, TEXAS RESOLUTION NO. 17-27 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. 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. 2, 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: Ray Smith, Mayor Al Z. APPROVED AS TO .�� OF PROdor E.�•' • e s � v b • Secretaf� �� a•avvev �� FORM AND �tfirj 'r,,r,�� Terrence S. W ce� h Town Attorney Resolution No. 17-27, Page 2