R-2597-2-07RESOLUTION NO. 2597-2-07(R)
' A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY,
TEXAS, APPOINTING THE INITIAL BOARD OF DIRECTORS OF THE ALLEN TAX
INCREMENT FINANCING REINVESTMENT ZONE NO. 2; AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, the City Council has designated the Allen Tax Increment Financing Reinvestment Zone No. 2
and taken appropriate action to create a Tax Increment Financing District in the Zone; and,
WHEREAS, Chapter 311 of the Tax Code and the Ordinance creating the Tax Increment Financing District
require appointment of a Board of Directors, provided that other taxing units participating in the financing
may appoint a member.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ALLEN,
COLLIN COUNTY, TEXAS, THAT:
SECTION 1. The following persons are hereby appointed to the Board of Directors of the Allen Tax
Increment Financing Reinvestment Zone No. 2, to wit:
Place l: Peter H. Vargas, TIF Board Chan
City Manager
City of Allen
305 Century Parkway
t Allen, Texas 75013
(214) 5094110
(214) 5094118 (fax)
Place 2: Kevin Hammeke
Director of Finance
City of Allen
305 Century Parkway
Allen, Texas 75013
(214)509-4627
(214) 5094672 (fax)
Place 3: David Hoover
Director of Planning and Development
City of Allen
305 Century Parkway
Allen, Texas 75013
(214)509-4162
(214) 509-4179 (fax)
Place 4: John Baumgartner
Director of Engineering
City of Allen
305 Century Parkway
' Allen, Texas 75013
(214)509-4577
(214) 5094590 (fax)
Place 5: Robert Winningham
Director of Economic Development
100 AllenTown Parkway, Suite 211
Allen, Texas 75013
(972) 727-0228
(972) 727-0251 (fax)
Place 6: Charles Nies
Dal Briar Corporation
5910 North Central Expressway, Suite 1445
Dallas, Texas 75206
(214)891-6110
(214) 891-6105 (fax)
Place 7: Bruce Heller
JaRyCo Development, L.L.C.
1333 W. McDermott, Suite 150
Allen, Texas 75013
(214)495-8581
SECTION 2. Members of the Board are appointed to provide for staggered terms. The initial directors
appointed to odd numbered positions shall be appointed for two (2) year terms, while the initial directors
appointed for even numbered positions shall be appointed for one (1) year terns. All subsequent
appointments shall be for terms of two (2) years.
' SECTION 3. A vacancy on the Board is filled for the remainder of the unexpired term by appointment of the
City Council.
SECTION 4. Peter H. Vargas is appointed Chair of the Board for a term of one (1) year that ends on
December 31, 2007. Thereafter, Peter H. Vargas is hereby appointed as Chair for successive terms of one (1)
year each until such time as the City Council appoints a different Chair. The Board of Directors may elect a
Vice -Chair to preside in the absence of the Chan, or when there is a vacancy in the office of Chair. The
Board may elect other officers as it considers appropriate.
SECTION 5. This resolution shall take effect from and after its passage.
DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN
COUNTY, TEXAS, ON THIS THE 27TH DAY OF FEBRUARY, 2007.
ATTEST:
Shelley ;,k, —
a
Stephen Terrell, MAYOR
Resolution No. 2597-2-07(R), Page 2