2000-0024& City of Southlake, Texas
RESOLUTION NO. 00-02
A RESOLUTION OF THE CITY COUNCIL 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 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 Resolution No. 97-70 appointing eight (8) members
to the Board of Directors of the Tax Increment Reinvestment Zone on November 5, 1997;
and
WHEREAS, the City passed Ordinance No. 761, amending Ordinance No. 682
relating to the manner of appointment and terms of office of 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 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 res lutioniw
aasif copied in their entirety.
Section 2. That the City Council hereby appoints toserve as
chairman of the Reinvestment Zone Board of Directors f r one year to begin January,
2000.
Section 3. That the City of Southlake authorizes and directs that this action be made part
of the City's permanent records.
Resolution 00-02
Page 2
Section 4. That this resolution shall become effective from and after the date of its
passage.
PASSED AND APPROVED BY TH ITY CO IL OF THE CITY OF
SOUTHLAKE, TEXAS on this the day o 000.
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ATTEST:ps
andyLeGrancd
City Secretary
APPROVED AS TO FORM:
0/64601-1-
City
0 6CityAttorney
APPROVED:
CJ'Stacy
Mayor