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HomeMy WebLinkAboutResolution 5014-12-2018A Resolution NO. 5014-12-2018 APPOINTING CERTAIN MEMBERS TO THE BOARD OF DIRECTORS OF TAX INCREMENT REINVESTMENT ZONE NUMBER SEVEN, CITY OF FORT WORTH, TEXAS; ACKNOWLEDGING THE APPOINTMENT OF THE OTHER CURRENT MEMBERS OF THE BOARD AND APPOINTING A CHAIRPERSON FOR THE BOARD (NORTH TARRANT PARKWAY TIF) WHEREAS, the City Council of the City of Fort Worth (the "City Council") previously adopted Ordinance No. 15774 creating Tax Increment Reinvestment Zone Number Seven, City of Fort Worth, Texas (the "Reinvestment Zone"); and WHEREAS, Ordinance No. 15774 provides that the Reinvestment Zone is to be overseen by a thirteen (13) -member Board of Directors (the "Board"), of which each taxing unit that levies taxes on real property in 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. 15774; 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; 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 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, on December 12, 2017, the City Council adopted Resolution 4882 - 12-2017 appointing and acknowledging the eleven (11) members to the Board; and WHEREAS, two of those members, Jarred Howard and Neftali Ortiz, will no longer serve on the Board; and WHEREAS, it is necessary for the City Council to appoint individuals to fill such vacancies on the Board for the remainder of the term currently in effect; and .WO 119 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: 1. The City Council hereby appoints the persons listed below to the Board for terms beginning on January 1, 2019, and expiring as indicated below: NAME EXPIRATION OF TERM Ken Kristofek December 31, 2020 Bill Miller December 31, 2020 2 The City Council hereby appoints the following persons listed below to the Board for the remainder of the applicable term and expiring as indicated below: NAME EXPIRATION OF TERM Seana Sowell December 31, 2019 Roy Foster December 31, 2019 3. 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 Cary Moon Dennis Shingleton Clint Abernathy Glenn Wallace Chuck Tackett Russell Fuller Russell Laughlin Gary Fickes Linda Christie APPOINTING ENTITY City of Fort Worth City of Fort Worth City of Fort Worth City of Fort Worth City of Fort Worth City of Fort Worth City of Fort Worth Tarrant County Tarrant Regional Water District EXPIRATION OF TERM December 31, 2019 December 31, 2019 December 31, 2019 December 31, 2019 December 31, 2019 December 31, 2019 December 31, 2019 December 31, 2020 December 31, 2020 4. The City Council hereby appoints Cary Moon as the Board's chairperson for calendar year 2019. 5. 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. ORT WO TRI AND IT IS SO RESOLVED. ADOPTED this 11th day of December 2018 ATTEST: By: F FogTl2 ldw Q. 0 Mary J. Kayser, Cit _ cret ry XAS quipm T