HomeMy WebLinkAboutResolution 4162-01-2013A Resolution
NO. 4162-01-2013
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"); and
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; 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 31 1.009(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:
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:
&RTIYO
-T,
Resolution No. 4162 -01 -2013
NAME
Dennis Shingleton
Sal Espino
Tom Kelly
Kenton Nelson
Albert Perez
Mark Schluter
Tye Sheets Pierpont
Michael McCartney
Karen Rue
APPOINTING ENTITY
City of Fort Worth
City of Fort Worth
City of Fort Worth
City of Fort Worth
City of Fort Worth
Northwest ISD
Denton County
State Representative
State Senate
EXPIRATION OF TERM
December 31, 2013
December 31, 2013
December 31, 2013
December 31, 2013
December 31, 2013
December 31, 2014
December 31, 2014
December 31, 2014
December 31, 2013
2. The City Council hereby appoints Dennis Shingleton 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.
AND IT IS SO RESOLVED.
ADOPTED this 81h day of January, 2013
ATTEST:
i
Mary Kays�)'City Secretary
FoRTWoRTH
T
F
yx
o0an -no � T