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HomeMy WebLinkAboutResolution 3974-03-2011A Resolution NO. 3974 -03 -2011 APPOINTING CHAIRPERSONS FOR THE BOARDS OF DIRECTORS OF ALL TAX INCREMENT REINVESTEMENT ZONES (TIFs) WHEREAS, the City Council of the City of Fort Worth (the "City Council ") previously adopted Ordinances Numbers 12323, 12324, 13259, 15325, 15774, 15775, 15797, 16002, 16220, 17061, and 17889 creating Tax Increment Reinvestment Zones Numbers Two (Speedway TIF), Three (Downtown TIF), Four (Southside TIF), Six (Riverfront TIF), Seven (North Tarrant Parkway TIF), Eight (Lancaster TIF), Nine (Trinity River Vision TIF), Ten (Lone Star TIF), Eleven (Southwest Parkway TIF), Twelve (East Berry Renaissance TIF), and Thirteen (Woodhaven TIF), respectively; and WHEREAS, Section 311.009(f) of the Texas Tax Code provides that the City Council must appoint one (1) member of the Board of Directors of a Tax Increment Reinvestment Zone to serve as the Board's chairperson each calendar year: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: 1. The City Council hereby appoints the following persons to serve as chairpersons for the Boards of Directors of the following Tax Increment Reinvestment Zones for calendar year 2011. TIF DISTRICT NAME 2 (Speedway) Sal Espino 3 (Downtown) Carter Burdette 4 (Southside) Joel Burns 6 (Riverfront) Frank Moss 7 (North Tarrant Parkway) Danny Scarth 8 (Lancaster) Jungus Jordan 9 (Trinity River Vision) Danny Scarth 10 (Lone Star) Sal Espino ORT Wo lim RESOLUTION NO. 3974-03-2011 11 (Southwest Parkway) Zim Zimmerman 12 (East Berry Renaissance) Kathleen Hicks 13 (Woodhaven) Danny Scarth 2. The City Council hereby reserves the right, at any time and for any reason, to appoin successors to the individuals named above to serve as chairpersons for the Boards o Directors of the above - referenced Tax Increment Reinvestment Zones for th remainder of their terms. AND SO IT IS RESOLVED. ADOPTED AND EFFECTIVE this 22nd day of March 2011. ATTEST: APPROVED CITY COUNCIL B y' - -- — --- - - - - -- - -- MAR 2 2 2011 Marty Hendrix, City Secretary1 City Secretary of the City of Fort Worth. Texas ORT WOI T City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 3/2212011 - Res. No. 3974 -03 -2011 DATE: Tuesday, March 22, 2011 LOG NAME: 17TIFBOARDCHAIRSFY11 REFERENCE NO.: * *G -17231 SUBJECT: Adopt Resolution Appointing a Chairperson for the Board of Directors of Each of the City's Tax Increment Reinvestment Zones (COUNCIL DISTRICTS 2, 3, 4, 7, 8, and 9) RECOMMENDATION: It is recommended that the City Council adopt the attached Resolution appointing a Chairperson for the Board of Directors of each of the City's Tax Increment Reinvestment Zones. DISCUSSION: The City of Fort Worth has 11 active Tax Increment Reinvestment Zones (TIFs). Section 311.009(f) of the Texas Tax Code provides that the City Council must appoint one member of the Board to serve as the Board's chairperson during a calendar year. The terms of the current Chairpersons expired on December 31, 2010. Adoption of this resolution reappoints all existing Chairpersons for the 2011 calendar year. The City currently has TIFs located in COUNCIL DISTRICTS 2, 3, 4, 7, 8, and 9. FISCAL INFORMATION / CERTIFICATION: The Financial Management Services Director certifies that this action will have no material effect on City funds. FUND CENTERS: TO Fund /Account/Centers CERTIFICATIONS: Submitted for City Manager's Office by- Originating Department Head: Additional Information Contact: FROM Fund /Account/Centers Susan Alanis (8180) Jay Chapa (5804) Robert Sturns (8003) Logname: 17TIFBOARDCHAIRSFYI I Page 1 of 1