HomeMy WebLinkAboutResolution 5161-12-2019 A Resolution
NO. 5161-12-2019
APPOINTING CERTAIN MEMBERS TO THE BOARD OF DIRECTORS OF TAX
INCREMENT REINVESTMENT ZONE NUMBER FOURTEEN, CITY OF FORT
WORTH, TEXAS; ACKNOWLEDGING THE APPOINTMENT OF THE OTHER
CURRENT MEMBERS OF THE BOARD AND APPOINTING A CHAIRPERSON FOR
THE BOARD (TRINITY LAKES TIF)
WHEREAS,the City Council of the City of Fort Worth(the "City Council")
previously adopted Ordinance No. 20505 -11-2012 creating Tax Increment Reinvestment Zone
Number Fourteen, City of Fort Worth, Texas (the "Reinvestment Zone"); and
WHEREAS, Ordinance No. 20505 -11-2012 provides that the Reinvestment Zone
is to be overseen by a seven (7)-member Board of Directors (the "Board"), of which each
taxing unit that has approved the payment of all 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"d 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. 20505 -11-2012; and
WHEREAS, the terms for some Board members expire on December 31, 2019,
and the City Council wishes to make appointments to those places for terms beginning
January 1, 2020, at this time; a n d
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, 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 aterm of one (1) year beginning on January 1, 2020:
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, 2020, and expiring as indicated below:
NAME EXPIRATION OF TERM
Cary Moon December 31, 2021
Bob Riley December 31, 2021
Mike Brennan December 31, 2021
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 APPOINTING ENTITY EXPIRATION OF TERM
Gyna Bivens City of Fort Worth December 31, 2020
Ryan Martin City of Fort Worth December 31, 2020
Roderick Miles Tarrant County December 31, 2020
Linda Christie Tarrant Regional Water District December 31, 2020
3. The City Council hereby appoints Gyna Bivens as the Board's chairperson for
calendar year 2020.
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 3rd day of December , 2019
ATTEST: F®RT
A. �o
By
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Mary J. Kayser, ity Secretary '*
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