Heimlicher has served on council since 2003, representing District 3, the southwest quadrant of the city.
Heimlicher, a retired Ford credit executive of 38 years, said he has concerns about whether his executive pension will remain intact, given the auto industry’s recent financial troubles.
He said he wanted to reposition himself financially as well as spend more time with his wife and family.
“Mary Margaret and I will be returning home to Tennessee later this fall,” he said.
Heimlicher was elected to the council during 2003 to fill the unexpired term of then-Councilwoman Sallie Clark, who resigned her seat to run for mayor. He was re-elected to serve a full term during 2005, and again during April.
His resignation obliges council to appoint a resident of District 3 to fill the vacant seat until the next city election, scheduled for April of 2011.
While on council, Heimlicher pursued a pro-business agenda and was a leading advocate of commercial redevelopment of South Nevada Avenue, South Academy Boulevard and East Platte Avenue.
He has also been an advocate of the city’s proposed investment in the U.S. Olympic Committee.
Currently, he serves as a council representative, along with Scott Hente, on the blue-ribbon committee that is tasked with raising $1.5 million from private sources during the next 60 days to help pay for the USOC deal.