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HomeMy WebLinkAboutResolution 4163-01-2013A Resolution NO. 4163-01-2013 APPOINTING CERTAIN MEMBERS TO THE BOARD OF DIRECTORS OF TAX INCREMENT REINVESTMENT ZONE NUMBER THREE, CITY OF FORT WORTH, TEXAS; ACKNOWLEDGING THE APPOINTMENT OF THE OTHER CURRENT MEMBERS OF THE BOARD AND APPOINTING A CHAIRPERSON FOR THE BOARD (DOWNTOWN TIF) WHEREAS, the City Council of the City of Fort Worth (the "City Council") previously adopted Ordinance No. 12324 creating Tax Increment Reinvestment Zone Number Three, City of Fort Worth, Texas (the "Reinvestment Zone"); and WHEREAS, Ordinance No. 12324 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 Fort Worth Independent School District, Tarrant County College District, and Tarrant 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; 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. 12324; and WHEREAS, pursuant to Section 31 1.009(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 now have the right to appoint one (1) member each to the Board; and WHEREAS, pursuant to Section 31 1.009(b) of the Texas Tax Code, as amended by House Bill 2853, the size of the Board remains nine (9) members; therefore, for each taxing unit that has now gained the right to appoint a Board member, the City Council will lose the right to make an appointment; and WHEREAS, pursuant to the provisions of House Bill 2853, and taking into account appointments to the Board that have been made by the taxing units who have exercised their rights to appoint a member, only two (2) City Council - appointed Board members may continue to serve; and FoRTWouH to Resolution No, 4163-01-2013 WHEREAS, Section 31 1,009(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 31 1.009(f) of the Texas Tax Code provides that the City Council must appoint one (I) member of the Board to serve as the Board's chairperson for a term of one (I ) year beginning January I of the year: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS, THAT: 1. 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 TERM Zim Zimmerman City of Fort Worth December 31, 2013 Joel Burns City of Fort Worth December 31, 2013 Carlos Vasquez Fort Worth ISD December 31, 2014 Roy C. Brooks Tarrant County December 31, 2014 Mark McClendon Tarrant County College District December 31, 2013 Scott Rule Tarrant County Hospital District December 31, 2013 Victor Henderson Tarrant Regional Water District December 31, 2014 Nicole Collier State Representative December 31, 2014 Charles Boswell State Senate December 31, 2013 2. The City Council hereby appoints Zim Zimmerman as the Board's chairperson for calendar year 2013. 3. 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. h.i 0 1 - # '� I 11-A Resolution No. 4163-01-2013 AND IT IS SO RESOLVED. ADOPTED this 8`h day of January, 2013 Az- r ATTEST: 0000000 tl 00 00 Y� 1.0 �16 0 et *No 0 By: 0*0 ?0 0- 0 * -CY Mary Kay§City Secretary 0 00000 0 XZY ftj._ W ORT RT 3j -w-