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HomeMy WebLinkAbout(0102) RESOLUTION - Lonestar TIF (2)A Resolution NO. APPOINTING CARY MOON AND LEONARD FIRESTONE TO FILL THE REMAINDER OF THE UNEXPIRED TERMS ON THE BOARD OF DIRECTORS OF TAX INCREMENT REINVESTMENT ZONE NUMBER TEN, CITY OF FORT WORTH, TEXAS; APPOINTING CARY MOON AS CHAIRPERSON FOR THE BOARD; AND ACKNOWLEDGING MARK HALLMAN'S APPOINTMENT TO THE BOARD BY TARRANT COUNTY HOSPITAL DISTRICT IN PLACE OF JR LABBE; (LONE STAR TIF) WHEREAS, the City Council of the City of Fort Worth ("City Council") previously adopted Ordinance No. 16002 creating Tax Increment Reinvestment Zone Number Ten, City of Fort Worth, Texas ("Reinvestment Zone"); WHEREAS, Ordinance No. 16002 provides that the Reinvestment Zone is to be overseen by an eleven (II)-memberBoard of Directors ("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. 16002; 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 Carlos Flores to serve as the chairperson for the Board for a term expiring on December 31, 2022 (Resolution No. 5325-12-2020); WHEREAS, on December 3, 2019, the City Council appointed Brian Byrd to serve on the Board for a term expiring on December 31, 2021 (Resolution No. 5158-12-2019); WHEREAS the chairperson, Denis Shingleton and Brian Byrd will no longer serve on the Board; WHEREAS, Tarrant County Hospital District appointed Mark Hallman to serve on the Board in place of JR Labbe to serve the remainder of her term that expires on December 31, 2021; WHEREAS, it is necessary for the City Council to appoint a person to fill such vacancies on the Board for the remainder of the respective terms currently in effect; 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 Cary Moon 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 the Cary Moon and Leonard Firestone to the Board for the remainder of Dennis Shingleton and Brian Byrd's respective terms expiring as indicated below: NAME APPOINTING ENTITY EXPIRATION OF TERM Cary Moon City of Fort Worth December 31, 2021 Leonard Firestone City of Fort Worth December 31, 2022 2. The City Council hereby appoints Cary Moon as the Board's chairperson for the remainder of calendar year 2021. 3. The City Council hereby acknowledges the appointment of Mark Hallman to the Board by the Tarrant County Hospital District in place of JR Labbe to serve the remainder of her term that expires on December 31, 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: By: Ronald P. Gonzales, Acting City Secretary