HomeMy WebLinkAboutResolution 4889-12-2017A Resolution
NO. 4889-12-2017
ACKNOWLEDGING THE APPOINTMENT OF THE CURRENT MEMBERS OF
THE BOARD OF DIRECTORS OF TAX INCREMENT REINVESTMENT ZONE
NUMBER FIFTEEN, CITY OF FORT WORTH, TEXAS AND APPOINTING A
CHAIRPERSON FOR THE BOARD (STOCKYARDS/NORTHSIDE TIF)
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 7one 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 82°d Texas Legislature and
took effect on June 17, 2011, amended Section 311.009 of the Texas Tax Code regarding
the appointment of inembers to the Board of tax increment reinvestment zones and
prevails over any conflicting provision of Ordinance No. 21550-12-2014; and
WHEREAS, Section 311.009(c) of the Texas Tax Code provides that Board
members shall be appointed for a term of two (2) years unless otherwise indicated; and
WHEREAS, the terms for some Board members expire on December 31, 2017,
and the City Council wishes to make appointments to those places for terms beginning
January 1, 2018, at this time; and
WHEREAS, the City Council has the right, at any time and for any reason, to
appoint an individual to the Board to replace any current member appointed by the City
Council for the remainder of that person's term; and
WHEREAS, Section 311.009(f� of the Texas Tax Code 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:
ORT WORT
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Resolution No. 4889-12-2017
l. The City Council hereby appoints the persons listed below to the Board for
terms beginning on January 1, 2018, and expiring as indicated below:
NAME APPOINTING ENTITY EXPIRATION OF TERM
Dennis Shingleton
Teresa Ayala
Hub Baker
Pam Minick
A1 Saenz
City of Fort Worth
City of Fort Worth
City of Fort Worth
City of Fort Worth
City of Fort Worth
December 31, 2019
December 31, 2019
December 31, 2019
December 31, 2019
December 31, 2019
2, The City Council hereby acicnowledges 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
Carlos Flores
Steve Townsend
Dr. Eugene Giovannini
Jim Lane
City of Fort Worth December 31, 2018
Tarrant County December 31, 2018
Tarrant County College District December 31, 2018
Tarrant Regional Water District December 31, 2018
3. The City Council hereby appoints Carlos Flores as the Board's chairperson for
calendar year 2018,
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 12th day of December, 2017
ATTEST: ��
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By: _� �1( � �
_1-� �` _ _
Mary `Kayser, �ity Secretary
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