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HomeMy WebLinkAbout6218-12-2025 - City Council - ResolutionA Resolution NO.6218-12-2025 APPOINTING CERTAIN BOARD MEMBERS TO THE BOARD OF DIRECTORS OF TAX INCREMENT REINVESTMENT ZONE NUMBER EIGHTEEN, CITY OF FORT WORTH, TEXAS; ACKNOWLEDGING THE APPOINTMENT OF THE OTHER CURRENT MEMBERS OF THE BOARD AND APPOINTING A CHAIRPERSON FOR THE BOARD (WALSH RANCH TIF) WHEREAS, the City Council of the City of Fort Worth (the "City Council") previously adopted Ordinance No. 28120-11-2025 creating Tax Increment Reinvestment Zone Number Eighteen, City of Fort Worth, Texas (the "Reinvestment Zone"); and WHEREAS, Ordinance No. 28120-11-2025, provides that the Reinvestment Zone is to be overseen by a five (5)-member Board of Directors (the "Board") consisting of one member for each taxing unit participating in the Reinvestment Zone, with the remaining members appointed by the City Council; 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 1 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 appoints the following persons to the Board for terms beginning on January 1, 2026, and expiring as indicated below: NAME APPOINTING ENTITY Michael Crain City of Fort Worth Michael Moore City of Fort Worth Cadell Alexander City of Fort Worth Cody Ortowski City of Fort Worth EXPIRATION OF TERM December 31, 2027 December 31, 2027 December 31, 2027 December 31, 2027 William Ulrich City of Fort Worth December 31, 2027 2. The City Council hereby appoints Michael Crain as the Board's chairperson for calendar year 2026. 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 9th day of December , 2025 ATTEST: By: Jannette S. Goodall, City Secretary