HomeMy WebLinkAbout(0179) RESOLUTION - 2021_TIF2_SpeedwayA Resolution
NO.
APPOINTING CERTAIN MEMBERS TO 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 creating Tax Increment Reinvestment
Zone Number Two, City of Fort Worth, Texas (the "Reinvestment Zone");
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; the Northwest Independent School District
and Denton County, if they have elected to contribute tax increment to the
Reinvestment Zone, may 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 82"d 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.
12323;
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;
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, Tom Kelly and Kenton Nelson were appointed to serve on the
Board through December 31, 2021; however, they can no longer serve on the Board;
and
WHEREAS, it is necessary for the City Council to appoint two people to fill
such vacancies on the Board for the remainder of the unexpired terms 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 the persons listed below to the Board
for the remainder of the applicable terms and expiring as indicated below:
NAME APPOINTING ENTITY EXPIRATION OF TERM
Terri Cartwright City of Fort Worth December 31, 2021
Rob D. Ramage City of Fort Worth December 31, 2021
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
Dennis Shingleton
Carlos Flores
Phillip Vaden
Steve Sprowls
Ryder Warren
Tye Sheets Pierpont
Tan Parker
APPOINTING ENTITY
City of Fort Worth
City of Fort Worth
City of Fort Worth
Northwest ISD
State Senator
State Representative
State Representative
EXPIRATION OF TERM
December 31, 2021
December 31, 2021
December 31, 2021
December 31, 2022
December 31, 2021
December 31, 2022
December 31, 2022
3. The City Council hereby appoints Dennis Shingleton 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_ day of __December_, 2020
ATTEST:
By: ... ------------------------------
Mary Kayser, City Secretary