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HomeMy WebLinkAboutResolution 5329-12-2020 A Resolution NO. 5329-12-2020 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 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 nd 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 -12-2014; 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, 20 20, and the City Council wishes to make appointments to those places for t erms beginning January 1, 2021, at this time; 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 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 terms beginning on January 1, 2020, and expiring as indicated below: NAME APPOINTING ENTITY EXPIRATION OF TERM Carlos Flores City of Fort Worth December 31, 2022 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 Dennis Shingleton City of Fort Worth December 31, 2021 Teresa Ayala City of Fort Worth December 31, 2021 Hub Baker City of Fort Worth December 31, 2021 Pam Minick City of Fort Worth December 31, 2021 Al Saenz City of Fort Worth December 31, 2021 Alice Moore Tarrant County December 31, 2022 Susan Alanis Tarrant County College District December 31, 2022 Jim Lane Tarrant Regional Water District December 31, 2022 3. The City Council hereby appoints Carlos Flores as the Board's chairperson for calendar year 2021. 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 15" day of December 2020. ATTEST: O�FORT�o for Ronald P. uonzales By: for Ronald P.Gonzales(Dec 18,202010:31 CST) Mary I Kayser, City Secretary .1`EXPS