HomeMy WebLinkAboutResolution 4292-02-2014 A Resolution
NO. 4292-02-2014
APPOINTING CERTAIN MEMBERS TO THE BOARD OF DIRECTORS OF TAX
INCREMENT' REINVESTMENT ZONE NUMBER FOURTEEN, CITY OF FORT
WORTH, TEXAS; ACKNOWLEDGING THE APPOINTMENT OF THE OTHER
CURRENT MEMBERS OF THE BOARD AND APPOINTING A CHAIRPERSON
FOR THE BOARD ('TRINITY LAKES TIF)
WHEREAS, the City Council of the City of Fort Worth (the "City Council")
previously adopted Ordinance No. 20505-11-201.2 creating 'Tax Increment Reinvestment
Zone Number Fourteen, City of Fort Worth, Texas (the "Reinvestment Zone"); and
WHEREAS, Ordinance No. 20505-11-2012 provides that the Reinvestment Zone
is to be overseen by a seven (7)-member Board of Directors (the "Board"), of which each
taxing unit that has approved the payment of all or part of the tax increment produced by
the unit into the tax increment fund for 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, 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 appoints the persons listed below to the Board for
terms beginning on January 1, 2014 and expiring as indicated below:
NAME EXPIRATION OF TERM
Mike Brennan 'December 31, 2015
Bob Riley December 31 , 2015
RT WORT
Resolution No. 4292-02-2014
Danny Scarth 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
Ryan Martin City of Fort Worth December 31 , 2014
Gyna Bivens City of Fort Worth December 31 , 2014
Cathy Young Tarrant County December 31 , 2014
Linda Christie Tarrant Regional Water District December 31 , 2014
3. The City Council hereby appoints Gyna Bivens 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
individuals to the Board to replace any of the City Council-appointed Board
members.
AND IT IS SO RESOLVED.
ADOPTED this I 11h day of February, 2014
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Mary Kayser", ity Secretary oo$ 'Ce
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