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68.43% of voting strength approval, on May 3 the Council will be requested to adopt the <br /> ordinance and a Resolution Renewing the TVTMD effective July 1, 2022. <br /> The resolution assumes that the life of the renewed district will be ten years — until June <br /> 30, 2032 — after which the cities and counties will need to determine whether to again <br /> extend the term of the district or to dissolve it. <br /> Submitted by: Fis al Review: Approved by: <br /> cfr);(7311140#45) iiyAN <br /> Lisa Adamos Tina Olson Brian Dolan <br /> Economic Development Manager Director of Finance Interim City Manager <br /> ATTACHMENTS <br /> 1. Management District Plan dated October 19, 2021 <br /> 2. Resolution of Intention to Renew the TVTMD and Fixing the Time and <br /> Place of a Public Meeting and Hearing <br /> 3. Resolution Requesting Consent to Renew the TVTMD <br /> 4. Notice of Public Meeting and Hearing Concerning Renewal of the TVTMD <br /> Page 5 of 5 <br />