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HomeMy WebLinkAboutResolution 4476-06-2015 A Resolution NO. 4476-06-2016 APPOINTING CARY MOON TO THE BOARD OF DIRECTORS OF TAX INCREMENT REINVESTMENT ZONE NUMBER FOURTEEN, CITY OF FORT WORTH, TEXAS AND ACKNOWLEDGING THE APPOINTMENT OF THE OTHER CURRENT MEMBERS OF THE BOARD (TRINITY LAKES TIF) WHEREAS, the City Council oft e City of or Worth (the "City Council") previously adopted Ordinance No. 20505-11-2012 creating Tax Increment Reinvestment one Number Fourteen, City of Fort Worth, Texas (the "Reinvestment Zone"); and WHEREAS, Ordinance No. 20505-11-2012 provides that the Reinvestment one 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, on May 12, 2015, the City Council adopted Resolution No. 4451-05- 2015 appointing and acknowledging the seven (7) members tote Board; and WHEREAS, one of those members, Danny Scarth, 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 fort remainder oft e term currently in effect; 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 person t o t he Board for the remainder oft e term and expiring as indicated below: NAME EXPIRATION OF TERM Cary Moon December 31, 2015 2. The City Council hereby acknowledges that the following persons have been appointed t o t he Board by the following entities for terms expiring on the dates indicated below: NAME APPOINTING ENTITY EXPIRATION OF TERM Gyna Bivens City of Fort or December 31, 2016 Ryan. Martin City of Fort Worth December 31, 2016 Bob Riley City of Fort Worth December 31, 2015 Mike Brennan City of or Worth December 31, 2015 Cathy Young Junior Tarrant County December 31, 2016 Linda Christie Tarrant Regional WaterDistrict December 31, 2016 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 tot Board to replace any oft e City Council-appointed Board members. AND IT IS SO RESOLVED. ADOPTED this 161 day of June 2015 ATTES 4E S . .... By: Mary Kayser y*, e -ary AM000000000k 60 6" mo %0 0 0 0 0 :*. -10: 0 O 00 0 0 Zo 00 0 C1000000 0 0 N, nix