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HomeMy WebLinkAboutResolution 4285-02-2014 A Resolution NO. 4285-02-2014 APPOINTING CERTAIN MEMBERS TO THE BOARD OF DIRECTORS OF TAX INCREMENT REINVESTMENT ZONE NUMBER SIX, CITY OF FORT WORTH, TEXAS; ACKNOWLEDGING THE APPOINTMENT OF THE OTHER CURRENT MEMBERS OF THE BOARD AND APPOINTING A CHAIRPERSON FOR THE BOARD (RIVERFRONT TIF) WHEREAS, the City Council of the City of Fort Worth (the "City Council") previously adopted Ordinance No. 15325 creating Tax Increment Reinvestment Zone Number Six, City of Fort Worth, Texas (the "Reinvestment Zone"); and WHEREAS, Ordinance No. 15325 provides that the Reinvestment Zone is to be overseen by an eleven (11)-member Board of Directors (the "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; 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 'Fax Code regarding the appointment of members to the Board of tax increment reinvestment zones and prevails over any conflicting provision of Ordinance No. 15325; and WHEREAS, pursuant to Section 311 .009(a) of the Texas Tax Code, as amended by House Bill 2853, the Fort Worth Independent School District may no longer appoint a member to the Board because that taxing unit does not contribute tax increment to the Reinvestment Zone; and WHEREAS, it is necessary for the City to appoint one (1) member to the Board to replace the member previously appointed by the Fort Worth Independent School District; and WHEREAS, the terms for some Board members expired on December 31 , 2013 and the City Council. wishes to make appointments to those places for terms beginning January 1, 2014 at this time; 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 �kl_r RTWOR Resolution No. 4285-02-2014 WHEREAS, Section 311 .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 COUNCII, OF THE CITY OF FORT WORTH, TEXAS, THAT: 1 . The City Council hereby appoints the persons listed below to the Board for terms beginning on January 1, 2014 and expiring as indicated below: NAME EXPIRATION OF TERM Roy C. Brooks December 31 , 2015 G.K. Maeriius December 31, 2015 Lisa McMillan December 31, 2015 'Nina Petty December 31, 2015 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 APPOINTING ENTITY EXPIRATION OF TERM Dionne Bagsby City of Fort Worth December 31, 2014 Cathy Young City of Fort Worth December 31, 2014 Joel Burns City of Fort Worth December 31 , 2014 Steve Townsend Tarrant County December 31, 2014 Mark McClendon Tarrant County College District December 31, 2015 Scott Rule Tarrant County Hospital District December 31 , 2015 Linda Christie Tarrant Regional Water District Decertiber 31 , 2014 3. The City Council hereby appoints Joel Burns as the Board's chairperson for calendar year 2014. 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 RT WORT Resolution No. 4285-02-2014 individuals to the Board to replace any of the City Council-appointed Board members. AND IT IS SO RESOLVED. ADOPTED this 11« day of February, 2014 ATTEST: 0�at1 a R 0 0 ` .,. 0 0000 0 p0 O ftw v Mary Kays 'r City 'Secretary a 0 i00000Q0 ,Ur ICY K , I 4 ORT WORT