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HomeMy WebLinkAbout(0100) RESOLUTION - Lancaster Corridor TIFA Resolution NO. APPOINTING JACK CLARK, LEONARD FIRESTONE, ELIZABETH BECK, MICHAEL CRAIN AND ROBERT B. AHDIEH TO FILL THE REMAINDER OF THE UNEXPIRED TERMS ON THE BOARD OF DIRECTORS OF TAX INCREMENT REINVESTMENT ZONE NUMBER EIGHT, CITY OF FORT WORTH, TEXAS; AND APPOINTING LEONARD FIRESTONE AS CHAIRPERSON OF THE BOARD (LANCASTER CORRIDOR TIF) WHEREAS, the City Council of the City of Fort Worth (the "City Council") previously adopted Ordinance No. 15775 creating Tax Increment Reinvestment Zone Number Eight, City of Fort Worth, Texas (the "Reinvestment Zone"); WHEREAS, Ordinance No. 15775 provides that the Reinvestment Zone is to be overseen by an eleven (II)-memberBoard 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; 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 Board of tax increment reinvestment zones and prevails over any conflicting provision of Ordinance No. 15775; 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; 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; WHEREAS, on December 15, 2020, the City Council appointed Jungus Jordan and Ann Zadeh to serve on for the Board for terms expiring on December 31, 2022 (Resolution No. 5323- 12-2020); WHEREAS, on December 3, 2019, the City Council appointed Kelly Allen Gray and David Parker to serve on the Board for terms expiring on December 31, 2021 (Resolution No. 5156-12-2019); WHEREAS the chairperson, Jungus Jordan, Anne Zadeh, Kelly Allen Gray, and David Parker will no longer serve on the Board; WHEREAS, it is necessary for the City Council to appoint a person to fill such vacancies on the Board for the remainder of the terms currently in effect; WHEREAS, the City Council desires to appoint Jack Clark to the Board for a term expiring December 31, 2022; 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; and WHEREAS, the City Council desires to appoint Leonard Firestone to serve as chairperson of the Board for the remainder of the unexpired term currently in effect. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS, THAT: 1. The City Council hereby appoints Leonard Firestone, Elizabeth Beck, Michael Crain and Robert B. Ahdieh to the Board for the remainder of Jungus Jordan, Ann Zadeh, Kelly Allen Gray, and David Parker's respective terms expiring as indicated below: NAME Leonard Firestone Elizabeth Beck Michael Crain Robert B. Ahdieh APPOINTING ENTITY City of Fort Worth City of Fort Worth City of Fort Worth City of Fort Worth EXPIRATION OF TERM December 31, 2022 December 31, 2022 December 31, 2021 December 31, 2021 2. The City Council hereby appoints Jack Clark to the Board for a term expiring as indicated below: NAME APPOINTING ENTITY EXPIRATION OF TERM Jack Clark City of Fort Worth December 31, 2022 3. The City Council hereby appoints Leonard Firestone as the Board's chairperson for the remainder of 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 241h day of August, 2021 ATTEST: Ronald P. Gonzales, Acting City Secretary