2002-002N
RESOLUTION NO. 02-002
A RESOLUTION OF THE CITY OF SOUTHLAKE, TEXAS,
APPOINTING A CHAIRPERSON OF THE BOARD OF
DIRECTORS OF TAX INCREMENT REINVESTMENT ZONE
NUMBER ONE, AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City Council of the City of Southlake, Texas (the "City"),
after public hearing, passed Ordinance No. 682 creating a Reinvestment Zone as
authorized by the Tax Increment Financing Act, V.T.C.A., Tax Code, Chapter 311
the "Act") on September 23, 1997; and
WHEREAS, Ordinance No. 682 established a Board of Directors to
administer the zone; and
WHEREAS, the City passed Ordinance No. 761, amending Ordinance No.
682 relating to the manner of appointment and terms of office for the members of
the Board of Directors of the Tax Increment Reinvestment Zone Number One on
December 7, 1999; and
WHEREAS, in accordance with Section 311.009(f) of the Act, the
governing body of the municipality that created the reinvestment zone must
appoint one member of the board to serve as chair for a term of one (1) year that
begins on January 1 of the following year;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF SOUTHLAKE, TEXAS:
Section 1. That all matters stated in the preamble of this resolution are true and
correct and are hereby incorporated into the body of this resolution as if copied in
their entirety.
Section 2. That the City Council hereby appoints Rick Stacv to serve as
chair of the Reinvestment Zone Board of Directors for one (1) year to begin on
January 1, 2002.
Section 3. That the City of Southlake authorizes and directs that this action be
made part of the City's permanent records.
Resolution No. 02-002
January 22, 2002
Page 2 of 2
Section 4. That this resolution shall become effective from and after the date of its
passage.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
SOUTHLAKE, TEXAS on this the , " day of 2002.
u
ATTEST:
I Bush
Ac ing City Secretary
APPROVED
Rick,tacy
Mayor
gOU r/y
oF••••"
110, Z- 0
f
v. •m-