Posting Language
Title
Approve a resolution appointing members to the Austin Rosewood Community Development Corporation board of directors.
De
Lead Department
Parks and Recreation Department.
Fiscal Note
This item has no fiscal impact.
Prior Council Action:
June 8, 2023 - Council approved the appointment of various members of the Austin Rosewood Community Development Corporation (Resolution No. 20230608-081).
For More Information:
Tim Dombeck, Board and Council Liaison, Parks and Recreation, 512-974-6717.
Additional Backup Information:
Austin Rosewood Community Development Corporation was established in 1995 as a requirement associated with a HUD Section 109 guaranteed loan for the Millennium Youth Entertainment Center (MYEC). Formation was approved by the Attorney General’s Office as a local government corporation under Subchapter D, Chapter 431, Texas Transportation Code. The Corporation was charged with overseeing the construction and operation of MYEC, which was completed in 1999.
In 2009, the structure of the corporation was modified to provide two additional board positions with direction to fill ex-officio positions with youth community members.