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HomeMy WebLinkAboutResolution 4036-10-2011A Resolution NO. 4036 -10 -2011 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 "), which was designated under Section 311.005(a)(2) of the Texas Tax Code; 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 Boards of tax increment reinvestment zones and preempts any conflicting provision of Ordinance No. 15774; and WHEREAS, pursuant to Section 311.009(a) of the Texas Tax Code, as amended by House Bill 2853, the Northwest Independent School District, Keller Independent School District, and Tarrant County Hospital District no longer have the right to appoint a member to the Board because those taxing units do not contribute tax increment to the Reinvestment Zone; and WHEREAS, it is necessary for the City to appoint three (3) members to the Board to replace the members previously appointed by the Northwest Independent School District, Keller Independent School District, and Tarrant County Hospital District; and 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 term of three (3) Board members appointed by the City Council expired on December 31, 2010 and those individuals have continued to serve in holdover status; and ORTyVO W 1111 Resolution No. 4036 -10 -2011 WHEREAS, the terms of 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 persons listed below to the Board for term beginning on the date of adoption of this Resolution and expiring as indicated below: NAME Neftali Ortiz Glenn Forbes Joseph Faust Winjie Tang Miao Ken Kristofek Bill Miller Sal Espino EXPIRATION OF TERM December 31, 2011 December 31, 2011 December 31, 2012 December 31, 2011 December 31, 2012 December 31, 2012 December 31, 2012 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 TER Danny Scarth City of Fort Worth December 31, 2011 Russell Laughlin City of Fort Worth December 31, 2011 Randy Moresi City of Fort Worth December 31, 2011 Gary Fickes Tarrant County December 31, 2012 Elva LeBlanc Tarrant County College District December 31, 2011 Linda Christie Tarrant Regional Water District December 31, 2012 OUT WORTH Resolution No. 4036 -10 -2011 3. The City Council hereby appoints Danny Scarth as the Board's chairperson for the remainder of calendar year 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 Neftali Ortiz Glenn Forbes Winjie Tang Miao Danny Scarth Russell Laughlin Randy Moresi EXPIRATION OF TERM December 31, 2013 December 31, 2013 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. APPROVED CITY COUNCIL ADOPTED this 181h day of October 2011. OCT 18 2011 Na , �-� ATTEST: City Secretary of the City of Fort Worth, Texas Marty Hendrix, City Secretar: ORT WORT T