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HomeMy WebLinkAboutResolution 4293-02-2014 A Resolution NO. 4293-02-2014 APPOINTING CERTAIN MEMBERS TO THE BOARD OF DIRECTORS OF TAX INCREMENT REINVESTMENT ZONE NUMBER THREE, CITY OF FORT WORTH, TEXAS; ACKNOWLEDGING THE APPOINTMENT OF THE OTHER CURRENT MEMBERS OF THE BOARD AND APPOINTING A CHAIRPERSON FOR THE BOARD (DOWNTOWN TIF) WHEREAS, the City Council ofthe City of Fort Worth (the "City Council") previously adopted Ordinance No. 12324 creating Tax Increment Reinvestment Zone Number Three, City of Fort Worth, Texas (the -"Reinvestment Zone"); and WHEREAS, Ordinance No, 12324 provides that the Reinvestment Zone is to be overseen by a nine (9)-member Board of' Directors (the "Board"), of which one (I) 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 Fort Worth Independent School District, Tarrant County College District, and Tarrant County, if they have elected to contribute tax increment to the Reinvestment Zone, may appoint one (1) member each; arid the City Council has the right to appoint all remaining members; and WHEREAS, House Bill 2853, which was passed by the 82,d Texas Legislature and took effect on. June 17, 20 11 , amended Section 3 11 .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. 12324; arid WHEREAS, pursuant to Section 311 .009(b) of the Texas Tax Code, as amended by House Bill 2853, all taxing units other than the City that have elected to contribute tax increment to the Reinvestment Zone have the right to appoint one (1) member each to the Board; and WHEREAS, pursuant to Section 31. 1 .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 ( I) 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 3 1, 20 13 arid the City Council wishes to make appointments to those places for terms beginning RTWORT ` ResolUtion No. 4293-02-2014 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 WHEREAS, Section 3 1 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 (I ) 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 Zim Zimmerman December 3 1 , 20 15 Joel Burns December 31, 2015 Johnny Campbell December 3 1 , 20 15 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 Roy C. Brooks Tarrant County December 3 1, 20 14 Mark McClendon Tarrant County College District December 31 , 2015 Scott Rule Tarrant County Hospital District December 31 , 2015 Victor Henderson Tarrant Regional Water District December 31, 201.4 Glenn 0. Lewis State Representative December 31, 2014 Charles Boswell State Senator December 31, 2015 3. The City Council hereby appoints Zim Zimmerman as the Board's chairperson for calendar year 2014. RTWORT Resolution No. 4293-02-2014 4. The City Council, hereby reserves the right, at any tune 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 18"' day of February, 2014 ITTCST; , '°�"foRrAt0 °o °p°°aoa 'I 40�� o o Gj At Mary Kayser, ity Secretary ORT WQRT