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HomeMy WebLinkAboutResolution 4366-10-2014 I I ; A Resolution { NO. 4366-10-2014 APPOINTING RUSSELL FULLER TO THE BOARD OF DIRECTORS OF TAX INCREMENT REINVESTMENT ZONE NUMBER SEVEN, CITY OF FORT WORTH, TEXAS AND ACKNOWLEDGING THE APPOINTMENT OF THE I OTHER CURRENT MEMBERS OF THE BOARD (NORTH TARRANT PARKWAY TIF) WHEREAS, the City Council of the City of Fort Worth (the "City Council") previously adopted Ordinance No. 15774 creating Tax Increment Reinvestment Zone Number Seven, City of Fort Worth, Texas (the "Reinvestment Zone"); and WHEREAS, Ordinance No. 15774 provides that the Reinvestment Zone is to be overseen by a thirteen (13)-member Board of Directors (the "Board"), of which each j 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 C 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. 15774; and i I WHEREAS, pursuant to Section 311.009(a) of the Texas Tax Code, as amended by House Bill 2853, the Fort Worth Independent School District, Tarrant County College I District, and Tarrant County Hospital District may no longer appoint a member to the Board because those taxing units do not contribute tax increment to the Reinvestment Zone; and WHEREAS, it is necessary for the City to appoint three (3) members to the Board to replace the members previously appointed by the Fort Worth Independent School District, Tarrant County College District, and Tarrant County Hospital District; and WHEREAS, the City Council has the right, at any time and for any reason, to I 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 I WHEREAS, one of those members, Paul Gardner, will no longer serve on the Board; and WHEREAS, it is necessary for the City Council to appoint a person to fill such vacancy on the Board for the remainder of the term currently in effect; i i ORT_wm 1 Resolution No.4366-10-2014 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS, THAT: j 1. The City Council hereby appoints the following person to the Board for the j remainder of the term and expiring as indicated below: I NAME EXPIRATION OF TERM i Russell Fuller December 31, 2015 I i i I 2. The City Council hereby acknowledges that the following persons have been i appointed to the Board by the following entities for terms expiring on the dates indicated below: , NAME APPOINTING ENTITY EXPIRATION OF TERM i Sal Espino City of Fort Worth December 31, 2014 Ken Kristofek City of Fort Worth December 31, 2014 I Bill Miller City of Fort Worth December 31, 2014 I Gary Fickes Tarrant County December 31, 2014 Linda Christie Tarrant Regional Water District December 31, 2014 Danny Scarth City of Fort Worth December 31, 2015 i Michael O'Harra City of Fort Worth December 31, 2015 Joseph Faust City of Fort Worth December 31, 2015 Russell Laughlin City of Fort Worth December 31, 2015 Winjie Tang Miao City of Fort Worth December 31, 2015 Glenn Wallace City of Fort Worth December 31, 2015 Neftali Ortiz City of Fort Worth December 31, 2015 RTI.WORT I I i f Resolution No.4366-10-2014 �f I t 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. r I r AND IT IS SO RESOLVED. I i I ADOPTED this 141h day of October, 2014 f r ATTEST: � o°°�°°O00 �ajj� i 00 0 #J60 odd¢ 0 By' -- — -- % -- ---------- �0 po�P Mary Kayser, C' cretary �� o° °o. & 00000 ICY t i I I i I I I L i I I i ORT WORT I