HomeMy WebLinkAboutResolution 2111A Resolution
DESIGNATING CERTAIN MEMBERS OF THE CITY COUNCIL
TO ACT ON ITS BEHALF RELATING TO
PRESENTATIONS AND MEETINGS
FOR THE CREATION OF A TAX INCREMENT REINVESTMENT ZONE
IN DOWNTOWN FORT WORTH
No ~I~/
WHEREAS, the City of Fort Worth desires to promote the
development and redevelopment of a section of the downtown Fort
Worth area by creation of a tax increment reinvestment zone
pursuant to the Tax Increment Financing Act, Chapter 311 of the Tax
Code (the Act ); and
WHEREAS, the Act requires that the governing body of the City
shall make a formal presentation concerning the proposed zone to
the governing body of each county or school district which levies
real property taxes in the proposed zone; and
WHEREAS, the Act further requires that the governing body of
the City shall notify each taxing unit that levies real property
taxes in the proposed zone of each presentation to be made Ito each
such county or school district; and
WHEREAS, the Act further provides that the City Council may
meet with the representatives appointed by each of the affected
taxing units to discuss matters relating to the creation of the
proposed zone; and
WHEREAS, to accomplish the creation of the proposed tax
increment reinvestment zone in downtown Fort Worth, the City
Council desires to designate certain members of the City Council to
act on behalf of the City Council at these presentations and
meetings, and to notify the governing bodies and representatives of
each affected taxing unit as to such presentations and meetings;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF FORT WORTH, TEXAS
SECTION 1 That pursuant to Section 311 008 of the Tax Increment
Financing Act, which authorizes the City to exercise any power
necessary and convenient to carry out the Act, the City Council
does hereby ~. fi;.
CITY OF FORT WORTH
A Designate the members of the City Council s Expanding
Economic Opportunities Committee (specifically,
Councilmembers Kenneth Barr, Jim Lane, Bill Meadows, and
Virginia Nell Webber), to jointly or individually
represent and act on behalf of the City Council at all
formal presentations to the governing bodies of the
affected taxing units, and at all meetings with appointed
representatives of the affected taxing units; and
B Authorize Mayor Kay Granger or, in her absence, any one
of the members of the Expanding Economic Opportunities
Committee to act on behalf of the City Council to notify
the governing bodies of the affected taxing units of each
formal presentation, and to notify the representatives of
the affected taxing units of each meeting with those
representatives
SECTION 2 That this resolution shall take effect immediately from
and after its passage in accordance with the provisions of the
Charter of the City of Fort Worth and it is accordingly resolved
IN TESTIMONY, WHEREOF, I have here-
unto set my hand and caused the
Official Seal of the City of Fort
Worth, Texas, to be affixed this
14th day of November, A D 1995
Mayor ~Zto ~~~„~
APPROVED
CITY CQUNCIL
NOV ~~ 1995
City Secxet~sy of !h®
City of Folk ~'o~ ~
CITY OF FORT WORTH