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HomeMy WebLinkAboutResolution 4816-08-2017 A Resolution NO. 4816-08-2017 APPOINTING CARLOS FLORES TO THE BOARD OF DIRECTORS OF TAX INCREMENT REINVENSTMENT ZONE NUMBER FIFTEEN, CITY OF FORT WORTH, TEXAS (STOCKYARDS/NORTHSIDE TIF) AND AS CHAIRPERSON OF THE BOARD FOR THE REMAINDER OF CALENDAR YEAR 2017 AND ACKNOWLEDGING THE APPOINTMENT OF THE OTHER CURRENT MEMBERS OF THE BOARD WHEREAS, the City Council of the City of Fort Worth (the "City Council") previously adopted Ordinance No. 21550-12-2014 creating Tax Increment Reinvestment Zone Number Fifteen, City of Fort Worth, Texas (the "Reinvestment Zone"); and WHEREAS, Ordinance No. 21550-12-2014 provides that the Reinvestment Zone is to be overseen by a nine (9)-member Board of Directors (the "Board"), of which each taxing unit that has approved the payment of all or part of the tax increment produced by the unit into the tax increment fund for the Reinvestment Zone has the right to appoint one (1) member each and the City Council has the right to appoint all remaining members; and WHEREAS, House Bill 2853, which was passed by the 82nd Texas Legislature and took effect on June 17, 2011, amended Section 311.009 of the Texas Tax Code regarding the appointment of members to the Board of tax increment reinvestment zones and prevails over any conflicting provision of Ordinance No. 21550-12-2014; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: 1. The newly elected member of the City Council, Carlos Flores, District 2, is hereby appointed to replace Sal Espino as member of the Board of Directors of the Stockyards/Northside TIF for the remainder of his term, expiring December 31, 2017. 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 APPOINTING ENTITY EXPIRATION OF TERM Dennis Shingleton City of Fort Worth December 31, 2017 Teresa Ayala City of Fort Worth December 31, 2017 Al Saenz City of Fort Worth December 31, 2017 Hub Balser City of Fort Worth December 31, 2017 Pam Minick City of Fort Worth December 31, 2017 4--V V ORT WORT Resolution No.4816-08-2017 Steve Townsend Tarrant County December 31, 2018 Mark McClendon Tarrant County College District December 31, 2018 Jim Lane Tarrant Regional Water District December 31, 2018 3. The City Council hereby appoints Carlos Flores as the Board's chairperson for the remainder of calendar year 2017. 4. The City Council hereby reserves the right, at any time and for any reason, to remove a Board member appointed by the City Council and to appoint individuals to the Board to replace any of the City Council-appointed Board members. AND IT IS SO RESOLVED. ADOPTED this 1St day of August, 2017 ATTEST: By. Mary J. K ser, City Secretary �'XA5 ORT WORT