HomeMy WebLinkAboutResolution 5021-12-2018A Resolution
NO. 5021-12-2018
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 al 1 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 82 n 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. 21550-12-201.4; 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, 201 8, and
the City Council wishes to make appointments to those places for terms beginning January
1, 2019, at this time; a n d
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 I of the year:
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF FORT WORTH, TEXAS, THAT:
1. The City Council hereby appoints the persons listed below to the Board for
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terms beginning on January 1, 2019, and expiring as indicated below:
AME APPOINTING ENTITY EXPIRATION OF TERM
Carlos Flores City of Fort Worth
December 31, 2020
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
Dennis Shingleton
Teresa Ayala
Hub Baker
Pam Minick
Al Saenz
Steve Townsend
Dr. Eugene Giovannini
Jim Lane
APPOINTING ENTITY
City of Fort Worth
City of Fort Worth
City of Fort Worth
City of Fort Worth
City of Fort Worth
Tarrant County
Tarrant County College District
Tarrant Regional Water District
December 31, 2019
December 31, 2019
December 31, 2019
December 31, 2019
December 31, 2019
December 31, 2020
December 31, 2020
December 31, 2020
3. The City Council hereby appoints Carlos Flores as the Board's chairperson for
calendar year 2019.
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 11th day of December 2018
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Mary J. Kayser;,Vity 'Secretary
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