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HomeMy WebLinkAboutResolution 4477-06-2015 A Resolution NO. 4477-06-2015 APPOINTING DENNIS SHINGLETON TO THE BOARD OF DIRECTORS OF TAX INCREMENT REINVESTMENT ZONE NUMBER FIFTEEN, CITY OF FORT WORTH, TEXAS AND ACKNOWLEDGING THE APPOINTMENT OF THE OTHER CURRENT MEMBERS OF THE BOARD (STOCKYARDS/NORTHSIDE TIF) WHEREAS, the City Council oft City of or Worth (the "City Council") previously adopted Ordinance No. 21550-12-2014 creating Tax Increment Reinvestment Zone Number Fifteen, City of Fort Worth, Texas (the "Reinvestment Zone"); and WHEREAS, Ordinance No. 21550-12-2014 provides that the Reinvestment Zone is to be overseen by a in (9)-inember Board of Directors (the "Board"), of which each taxing it that has approved the payment of all or part oft e tax increment produced by the unit into the tax increment fund fort 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. 4452-05- 2015 appointing and acknowledging the nine (9) members t o t he Board; and WHEREAS, one of those members, Danny Scartli, 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; 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 to the Board for the remainder oft e term and expiring as indicated below: NAME EXPIRATION OF TERM Dennis Shingleton December 31, 2016 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: TWo NAME APPOINTING ENTITY EXPIRATION OF TERM Sal Espino City of Fort Worth December 31, 2016 Teresa Ayala City of Fort Worth December 31, 2016 Hub Bakxr City of Fort Worth December 31, 2016 Gary Brinkley City of Fort Worth December 31, 2016 Jennifer Trevino City of Fort Worth December 3 1, 2016 Steve Townsend Tarrant County December 31, 2016 O.K. Carter Tarrant County College District December 31, 2016 JimLane Tarrant Regional Water District December 31, 2016 3. The City Council hereby reserves the right, at any time and for any reason, to remove a Board mernber appointed by the City Council and to appoint individuals to the Board to replace any of the City Council-appointed Board AND IT IS SO RESOLVED. ADOPTED this 16 1h day of June, 2015 ^ Mary Kayser, ecre ry 00000 0 00 At 0 19 0000000 ICY EVORT