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File #: 07-0277    Version: 1 Name: 10/15 Appointment to LDFA Board
Type: Resolution Status: Passed
File created: 10/15/2007 In control: City Council
On agenda: 10/15/2007 Final action: 10/15/2007
Enactment date: 10/15/2007 Enactment #: R-07-490
Title: Resolution To Appoint Members To The Local Development Financing Authority
Sponsors: Marcia Higgins
Title
Resolution To Appoint Members To The Local Development Financing Authority
Body
Whereas, The City of Ann Arbor and City of Ypsilanti, both located in Washtenaw County, Michigan, created a Local Development Financing Authority (LDFA) for the Ann Arbor/Ypsilanti SmartZoneSM ;
 
Whereas, The agreement between the two cities requires the City Council of the City of Ann Arbor to appoint six voting members to the governing body of the LDFA;
 
Whereas, There are currently two full term and one unexpired term positions available on the LDFA Board and overdue for appointment;
 
Whereas, The agreement between the City of Ann Arbor and City of Ypsilanti requires that one of the City of Ann Arbor appointments shall be a Councilmember;  
 
RESOLVED, That Mike Korybalski is appointed to the Local Development Financing Authority for a full 4 year term ending June 30, 2011; that Michael Reid is appointed to fill an unexpired term through June 30, 2009; and that Councilmember Stephen Rapundalo is appointed to a full 4 year term to end June 30, 2011;
 
RESOLVED, That the City Clerk notify the newly appointed members and the chair of the Local Development Financing Authority.