Item 4F CITY OF
SOiV Tui n KE Item 4F
i 1L�`ll\ MEMORANDUM
December 30, 2015
To: Shana K. Yelverton, City Manager
From: Sharen Jackson, Chief Financial Officer
Subject: Resolution No. 17-004, Appoint a Chairperson of the Board of
Directors of Tax Increment Reinvestment Zone Number One for the
2017 calendar year.
Action Requested: Appointment of a Chairperson of the Board of Directors of
Tax Increment Reinvestment Zone Number One for the
2017 calendar year
Background
Information: Section 311 .009(f) of the Tax Increment Financing Act (the
"Act") states the following: "Each year the governing body
of the municipality shall appoint one member of the board
to serve as chairman for a term of one year that begins on
January 1 of the following year." Resolution No. 17-004
appoints Gary Fawks to serve as chair for 2017.
Financial
Considerations: None
Strategic Link: C5 Promote opportunities for partnerships & volunteer
involvement
F3 Invest to provide and maintain high quality public assets
Citizen Input/
Board Review: The TIRZ Board of Directors discussed this item at their
December 6, 2016 meeting and approved a
recommendation to the City Council to appoint Gary Fawks
to serve as chair for 2017.
Legal Review: The appointment process has been reviewed by the City
Attorney and complies with the regulations outlined in local
and State law.
Alternatives: Select different appointee
Supporting
Documents: Resolution No. 17-004, appointing a chair to the TIRZ
Number One Board of Directors for the year 2017.
Staff
Recommendation: Approval of Resolution No. 17-004 appointing Gary Fawks
as the 2017 TIRZ Board of Directors Chairperson
RESOLUTION NO. 17-004
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 Gary Fawks to serve as chair of the Tax
Increment Reinvestment Zone Board of Directors for one (1) year to begin on January 1, 2017.
Section 3. That the City of Southlake authorizes and directs that this action be made part of the
City's permanent records.
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 17TH DAY OF JANUARY 2017.
APPROVED:
Laura Hill, Mayor
ATTEST:
Lori Payne, City Secretary