Title
June 30, 2015 LDFA Term Expirations
Memorandum
According to the bylaws of the Ann Arbor-Ypsilanti SmartZone LDFA Agreement, Section 2.b, "The Board shall notify the appropriate governing body of a Party regarding the expiration of the term of each voting member of the Board appointed by the Party. This notice shall be provided to the appropriate governing body of the Party at least sixty (60) days prior to the expiration of the voting member's term."
The City's support staff to the LDFA has notified the City Clerk's Office that two of Ann Arbor's members have terms expiring on June 30, 2015; Stephen Rapundalo and Ned Staebler. Mr. Rapundalo began his tenure on the Board in October 2004 and Mr. Staebler has been a member since July 2011. Prior to his term through the City of Ann Arbor, Mr. Staebler was an ex-officio member for the Board, representing the MEDC, beginning in October 2009.
The appointment of two new members with terms beginning July 1, 2015 and expiring June 30, 2019, is requested.