HomeMy WebLinkAboutResolution 3836-01-2010A Resolution
MO 3836-01 2010
APPOINTING THE CHAIRPERSON AND CERTAIN MEMBERS OF THE BOARD
OF DIRECTORS AND ACKNOWLEDGING THE APPOINTMENT OF FOUR
MEMBERS TO THE BOARD OF DIRECTORS OF TAX INCREMENT
REINVESTMENT ZONE NUMBER TWO, CITY OF FORT WORTH, TEXAS
(SPEEDWAY TIF)
WHEREAS the City Council of the City of Fort Worth (the City Council ')
previously adopted Ordinance No 12323 creating Tax Increment Reinvestment Zone
Number Two Fort Worth, Texas (the Reinvestment Zone ') and
WHEREAS pursuant to Ordinance No 12323 the Reinvestment Zone is overseen
by a nine (9) -member Board of Directors (the `Board') of which five (5) are to be
appointed by the City Council one (1) by Denton County one (1) by the Northwest
Independent School District, one (1) by the State Senator representing the area m which
the Reinvestment Zone is located, and one (1) by the State Representative representing
the area in which the Reinvestment Zone is located, and
WHEREAS the terms for some Board members expired on December 31 2008
and others expired on December 31 2009 and
WHEREAS Section 311 009(c) of the Texas Tax Code provides that Board
member terms shall be for two (2) calendar years unless otherwise staggered and
WHEREAS Section 311 009(f) provides that the City Council must appoint one
(1) member of the Board to serve as the Board s chairperson for a term of one (1) year
beginning January 1 of the year
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS THAT
1 The City Council hereby appoints the persons listed below to the Board for terms
beginning on the date of adoption of this Resolution and expiring as indicated below
NAME EXPIRATION OF TERM
Sal Espino December 31 2011
Carter Burdette December 31 2011
ORT WORT
RESOLUTION NO 3836-01 2010
Albert Perez
Tom Kelly
Kenton Nelson
December 31 2011
December 31 2011
December 31 2011
The City Council hereby reserves the right at any time and for any reason, to appoint
individuals to the Board to replace any of the persons named above
2 The City Council hereby acknowledges that the following persons have been appointed
to the Board by the following entities for terms expiring on the dates indicated below
NAME
Daniel Peugh
Davis Palmer
Karen Rue
Howard Young
APPOINTING ENTITY
Denton County
Northwest ISD
Senator Jane Nelson
Representative Tan Parker
EXPIRATION OF TERM
December 31 2010
December 31 2010
December 31 2011
December 31 2010
3 The City Council hereby appoints Sal Espmo as the Board s chairperson for calendar
year 2010
AND IT IS SO RESOLVED
ADOPTED this 26th day of January 2010
ATTEST
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APPROVED
CITY COIINCII
JAN 2 g 2010
City Secretary of the
City of Fort Worth, Texas
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