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HomeMy WebLinkAbout(0183) RESOLUTION - 2021_TIF8_LancasterCorridorA Resolution NO. APPOINTING CERTAIN MEMBERS TO THE BOARD OF DIRECTORS OF TAX INCREMENT REINVESTMENT ZONE NUMBER EIGHT, CITY OF FORT WORTH, TEXAS; ACKNOWLEDGING THE APPOINTMENT OF THE OTHER CURRENT MEMBERS OF THE BOARD AND APPOINTING A CHAIRPERSON FOR 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"); and WHEREAS, Ordinance No. 15775 provides that the Reinvestment Zone is to be overseen by an eleven (II) -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 Board of tax increment reinvestment zones and prevails over any conflicting provision of Ordinance No. 15775; and WHEREAS, the terms for some Board members expire on December 31, 2020 and the City Council wishes to make appointments to those places for terms beginning January 1, 2021 at this time; 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 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 2021: 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 January 1, 2021, and expiring as indicated below: NAME APPOINTING ENTITY EXPIRATION OF TERM Jungus Jordan Ann Zadeh Gloria Starling City of Fort Worth City of Fort Worth City of Fort Worth December 31, 2022 December 31, 2022 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 Kelly Allen -Gray David Parker Patti Gearhart - Turner Richard Casarez Roy C. Brooks Susan Alanis Marty Leonard APPOINTING ENTITY City of Fort Worth City of Fort Worth City of Fort Worth EXPIRATION OF TERM December 31, 2021 December 31, 2021 December 31, 2021 City of Fort Worth December 31, 2021 Tarrant County December 31, 2021 Tarrant County College District December 31, 2021 Tarrant Regional Water District December 31, 2021 3. The City Council hereby appoints Jungus Jordan 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 15th ATTEST: LE day of —December--, 2020 Mary Kayser, City Secretary