HomeMy WebLinkAboutResolution 4028-10-2011A Resolution
NO. 4028 -10 -2011
APPOINTING CERTAIN MEMBERS OF THE BOARD OF DIRECTORS OF
TAX INCREMENT REINVESTMENT ZONE NUMBER TWO,
CITY OF FORT WORTH, TEXAS; ACKNOWLEDGING THE APPOINTMENT OF
THE OTHER CURRENT MEMBERS OF THE BOARD AND
APPOINTING A CHAIRPERSON FOR THE BOARD
(SPEEDWAY TIF)
WHEREAS, the City Council of the City of Fort Worth (the "City Council ")
previously adopted Ordinance No. 12323, as amended by Ordinance No. 13889, creating
Tax Increment Reinvestment Zone Number Two, City of Fort Worth, Texas (the
"Reinvestment Zone "), which was designated under Section 311.005(a)(4) of the Texas
Tax Code; and
WHEREAS, Ordinance No. 12323 provides that the Reinvestment Zone is to be
overseen by a nine (9)— member Board of Directors (the "Board "), of which one (1)
member is the State Senator whose district lies within the Reinvestment Zone or a
designee; one (1) member is the State Representative whose district lies within the
Reinvestment Zone or a designee; each county and school district with jurisdiction in the
Reinvestment Zone that has elected to contribute tax increment to the Reinvestment Zone
has the right to appoint one (1) member apiece; 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 Boards of tax increment reinvestment zones
and preempts any conflicting provision of Ordinance No. 12323; and
WHEREAS, pursuant to Section 311.009(b) of the Texas Tax Code, as amended
by House Bill 2853, all taxing units other than the City that have elected to contribute
tax increment to the Reinvestment Zone, and not just each participating county and
school district, now have the right to appoint one (1) member apiece to the Board; and
WHEREAS, because, aside from the City, no taxing units other than Northwest
Independent School District and Denton County have elected to contribute tax increment
to the Reinvestment Zone, the passage of House Bill 2853 does not affect the
composition of the Board; 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 the person's term; and
ORT VV: 0RTH
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Resolution No. 4028 -10 -2011
WHEREAS, Section 311.009(c.) of the Texas Tax Code provides that Board
member terms shall be for two (2) calendar years, unless otherwise staggered; and
WHEREAS, the terms of the certain Board members appointed by the City
Council will expire on December 31, 2011, and the City Council wishes at this time to
make appointments to those places for terms beginning January 1, 2012; 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 1 of the year:
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS:
1. The City Council hereby appoints the person listed below to the Board for a term
beginning on the date of adoption of this Resolution and expiring as indicated below:
NAME EXPIRATION OF TERM
Dennis Shingleton December 31, 2011
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
Sal Espino
Tom Kelly
Kenton Nelson
APPOINTING ENTITY EXPIRATION OF TERM
City of Fort Worth
City of Fort Worth
City of Fort Worth
Albert Perez City of Fort Worth
Tye Sheets Pierpont Denton County
Mark Schluter
Michael McCartney
Karen Rue
Northwest ISD
State Representative
State Senator
December 31, 2011
December 31, 2011
December 31, 2011
December 31, 2011
December 31, 2012
December 31, 2012
December 31, 2012
December 31, 2011
3. The City Council hereby appoints Dennis Shingleton as the Board's chairperson for
the remainder of calendar year 2011.
ORT WORT
WA
Resolution No. 4028 -10 -2011
4. The City Council hereby appoints the persons listed below to the Board for terms
beginning on January 1, 2012 and expiring as indicated below:
NAME EXPIRATION OF TERM
Dennis Shingleton December 31, 2013
Sal Espino
Tom Kelly
Kenton Nelson
Albert Perez
December 31, 2013
December 31, 2013
December 31, 2013
December 31, 2013
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.
AND IT IS SO RESOLVED.
ADOPTED this 4th day of October 2011.
ATTEST:
By:
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Marty Hendrix, Ci y Secretary ,Qa °�ORi
ORT Wow
APPROVED
CITY COUNCIL
OCT 0 4 2011
City Secretary of the
City of Fort Worth, Texas