HomeMy WebLinkAboutResolution 2911f
A Resolution
NO o2-1 ~1
APPOINTING THE CHAIRPERSON OF THE BOARD OF DIRECTORS AND
ACKNOWLEDGING THE APPOINTMENT OF THREE MEMBERS TO THE BOARD
OF DIRECTORS OF TAX INCREMENT REINVESTMENT ZONE NUMBER TWO,
CITY OF FORT WORTH, TEXAS (SPEEDWAY TIF)
WHEREAS, the Crty 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 in 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 2002 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
member of the Board to serve as the Board s chairperson for a term of one (1) year
beginning January 1 of the following year
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS THAT
1 The Crty Council hereby acknowledges the appointments of the following persons by
the following entities for terms expiring on the dates indicated below
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NAME APPOINTING ENTITY EXPIRATION OF TERM
Howard Young Representative Mary Denny December 31 2004
Lynn Gamron Northwest ISD December 31 2004
Tye DeBerry Denton County December 31 2004
2 The City Council hereby acknowledges that the following person s appointed by the
following entities wil l continue to serve as Board members for the remainder of their
terms which will. expi re on the dates indicated below
NAME APPOINTING ENTITY EXPIRATION OF TERM
Jim Lane City of Fort Worth December 31 2003
Frank Moss City of Fort Worth December 31 2003
Albert Perez City of Fort Worth December 31 2003
Tom Kelly City of Fort Worth December 31 2003
David Farmer City of Fort Worth December 31 2003
Keith Sockwell Senator Jane Nelson December 31 2003
3 The City Council hereby appoints Jim Lane as the Board s chairperson for calendar
year 2003
AND IT IS SO RESOLVED
ADOPTED this 4th day of February 2003
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APPROVEQ
CITY COUNCIL
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