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HomeMy WebLinkAboutTIF Board Recommendation-Hietala 2-10 23 February 2010 COMMISSION MEMORANDUM To: Mayor Krauss and City Commissioners From: Chris Naumann, Executive Director Re: Downtown TIF Board Appointment RECOMMENDATION: The Downtown TIF Board would like to recommend that Bob Hietala be appointed to the voting position recently vacated by Thail Davis. BACKGROUND: Mr. Hietala currently serves as the director of the MSU College of Technology. Mr. Hietala also serves on the Prospera Business Network Board of Directors. The 1995 Urban Renewal Plan, which established the Tax Increment District, recommends having representatives on the board from both MSU and the Gallatin Development Corporation (now Prospera). The Downtown Tax Increment Finance (TIF) Board consists of 5 voting members and 2 non- voting members. Historically, newly appointed members have been designated as non-voting members to give them ample time to understand the purpose and function of the TIF board, the Urban Renewal Plan, and its associated projects. Considering that the board currently does not have any non-voting members to fill this voting seat and Mr. Hietala’s extensive economic development experience, the board requests that Mr. Hietala be appointed to the vacant voting position. EFFECTS: This action would ensure the TIF Board maintains the statutorily required number of voting members (5). As a result of this action, the TIF Board would have two non-voting vacancies. New applicants for the vacant non-voting seats will be available for your consideration for appointment in the coming months. ALTERNATIVES: As suggested by the Mayor or City Commissioners CONTACT: Chris Naumann Downtown Bozeman Partnership 224 East Main Street Bozeman MT 59715 406-586-4008 chris@downtownbozeman.org APPROVED BY: Downtown Tax Increment Finance Board