Title
Consideration of and action on the reappointment of Troy Cothran as the City of Deer Park’s representative on the Board of Directors for the South East Texas Housing Finance Corporation.
Body
Summary:
Since 2008, local realtor Troy Cothran has served as the City of Deer Park's appointee to the Board of Directors of the South East Texas Housing Finance Corporation (SETHFC). SETHFC exists to assist citizens with a variety of housing needs: Education, first time buyer programs, and multi-family development & rental.
Mr. Cothran is one of seventeen members of the SETHFC Board of Directors. The Deer Park City Council last re-appointed him to a two-year term on the SETHFC Board in 2016. That term expires soon, leaving him up for re-appointment at this time. It is recommended Mr. Cothran be appointed to serve for an additional two (2) years, with a term expiring April 4, 2020. Of note, Mr. Cothran presently serves as First Vice-President of the SETHFC Board of Directors, and is set to become President of the Board later this year. He is the first City of Deer Park Board appointee to serve as SETHFC Board President in that organization’s 29 year history.
Fiscal/Budgetary Impact:
N/A
Recommended action
It is recommended Mr. Troy Cothran be re-appointed as the City of Deer Park’s Representative to the SETHFC Board of Directors for a term expiring April 4, 2018.