HomeMy WebLinkAboutResolution 2116A Resolution
DESIGNATING CERTAIN MEMBERS OF THE CITY COUNCIL
TO ACT ON TTS BEHALF RELATING TO
PRESENTATIONS AND MEETINGS
FOR THE CREATION OF A TAX REINVESTMENT ZONE
FOR AN AREA TO BE LOCATED IN NORTH FORT WORTH
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WHEREAS, the City of Fort Worth desires to promote the
development of an area to be located in north Fort Worth by
creation of a 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 to 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, 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 pr-esentations 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
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A Designate the members of the City Council s Expanding
Economic Opportunities Committee (specifically,
Councilmembers Kenneth Barr, Jim Lane, Bill Meadows, and
Virginia Ne11 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
21st day of November, A D 1995
Mayor
APPROVED
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CITY OF FORT WORTH