HomeMy WebLinkAboutResolution 4733-01-2017A Resolution
NO. 4733-07 -2017
APPOINTINC AL SAENZ TO THE BOARD OF llIRECTORS OF TAX
INCREMGNT REIVENSTMENT ZON1; NUMBER FIFTEEN, CITY OF TORT
W012TH, TEXAS (STOCI{YARDS/NORTHSID� TIF) AND ACKNOWL�DGING
THE APPOiN7'MENT OF THF. OTHGR CURRENT MEMRERS OF TH� BOARD
WHEREAS, the City Council of the City of Fort Worth (tlte "City Council'")
previously �dopted Ordinancc No. 21 5 5 0-1 2-201 4 creating Tax [ncrement Reinvestment
Zane Number Fifteen, City of Fort Worih, Texas (the "Reinvest�ment Zone"); and
WHEREAS, Ordinance No. Z1550-12-2014 provides that the Rcinvestment Zone
is to be overseen by a nine (9)-memher Board of Directors (thc `Board"), of which each
taxing unit that has approved the paymeut of all or part of the tax iucrement prodaced by
tl�e unit into the taa inerement fund for the Reinvestment Zone 11as the right to appoiut
one (1) member each and the City Council has the rightto appoint �ll remaini�tg
members; and
WHEREAS, House Bill 2853, which was passed by the 82°d Texas Legislature and
took effect on June 17, 20I l, amended SecTion 311.009 of tl�e Texas Tax Code regarding
the appointrnent of inembers to the Board of tax increment rcinvestmenl zones and
prevails over any contlicting provision of Ordinance No. 2 1 550-7 2-2014; and
WH�REAS, Section 31 1.009(c) of the Texas Tax Code provides that Board
members shall be appoinled for a term of Ywo (2) years unless otherwise indicated; and
WHERL�AS, the City Council has the rigJ�t, at a�iy time and for any rcason, to
appoint an individual to the Bourd to replace any cm-rent member appointed by Hie City
Council for the ren�ainder of that person's term; and
WH�RFAS, one of those members, ,lennifer Trevino, has resigned from the
Boai•d; and
WHER�AS, it is necessary for the City Council to appoint a persoii to fill such
vacancy on d�e Board for the remainder of the term currently in effect;
NOW, THTIt�FORE, BE IT R�SOLV�D BY THl CITY COUNCIL OF TFI�
CITY Ol+' FORT WORTH, TEXAS:
1. Effective upott adoption of this Resolu[ion, the City Council hereby appoints tlte
following person to tlie Board for a term expiring as indicated below:
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2, `I'Fte City' Co:,�ncil herchv �cknott €edr�es tha# i:tia fo1€owir�g ��ei•si�ns t3a�"c E�eet;
ep�r��inr��i td t%c Sc��3.rd �y it�e ft�llv��rin� �nti£i�� fur teru�;� e��+irzxi� ��n the d��aie�
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3. Ttae Cito f'ncincif�� F�ere�y a���airi±s Sat �s�aa��o r�s the� IiE�t3r1's chair��erac�n [c,r�
cal�ntiar vcar�ZQi�7�.
<t, T#ze Ciiv C:ouneil #ier�by i•e��ts�s itie ri�[2t; i�t ar�y� t�ine aticl t�i�r anr� e�a:su3i, to
refna�c a I3uare! rnemher Etp�ai3�l.e<! tiv tlic tfiv e�ut3ncii a��d te� a}��ezni ii�c{i�:idi:xJ5
to tl� Bnarci���to repias��� s��y' uf�}ie City� C�urz.,il ip�t�itzter� }�oar�9 ��re�nbers.
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