Lower Merion Township Board of Commissioners Vice President Mark Taylor submitted this afternoon a letter of resignation, to be effective Wednesday, Feb. 16.

This announcement comes just two days after the resignation of Board President Bruce Reed, whose Ward 13 spot has since been filled by Brian McGuire and whose presidency has been taken over by Ward 7 Commissioner Liz Rogan.

“It is with mixed emotions that I tender my resignation… It has been an honor and a privilege to serve the people of Lower Merion since September 2006,” Taylor wrote in his letter, according to a township news release. “I have done so to the best of my ability.”

Taylor, the Ward 1 commissioner, responded to rumors of his intended resignation in an interview with Patch earlier this month, acknowledging their existence but insisting they were “just rumors.”

“My decision is totally for personal reasons,” Taylor’s letter read, according to the news release. “Over the last year, family issues and professional obligations with increased travel requirements have caused me to re-examine my priorities and how I was spending my time and resources. The Township is a wonderful place to live. I have raised my family here. It is important that we continue the good stewardship this Township has had from its Board of Commissioners. I wish all the members of the Board continued success in governing this wonderful Township."

Taylor, an investment real estate broker with Marcus & Millichap, became vice president of the board in 2010, according to the release. He has lived in Lower Merion for 22 years and has actively participated as a member of the Penn Valley Civic Association and used to serve on the township’s Historical Architectural Review Board (HARB).

The Ward 1 (Gladwyne, Merion Park, Penn Valley and Wynnewood) Commissioner vacancy will be advertised, and it is expected that interviews will take place Feb. 9 and the new commissioner will be sworn in at the Feb. 16 Board of Commissioners meeting, the release states.