Item 4DCity of Southlake, Texas
M E M O R A N D U M
December 20, 2006
TO: Shana Yelverton, City Manager
FROM: Ben Thatcher, Assistant to the City Manager
Approval of recommendation to the City Council for the appointment of the
SUBJECT:
Chair for Tax Increment Reinvestment Zone Number One, City of
Southlake, Texas, for 2007
Action Requested:
Appointment of the Tax Increment Reinvestment Zone Number One
Board’s Chair for 2007.
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.” At the December 5
TIRZ Board meeting the City Council appointed Council Member
Virginia Muzyka to be Chair for 2007. Resolution No. 07-001 provides
for the City Council to meet this requirement.
Financial
Considerations:
Not Applicable.
Citizen Input/
Board Review:
Not Applicable.
Legal Review:
The City Attorneys have been involved in the TIRZ process and can
respond to any legal questions or issues which may arise during the course
of the meeting.
Alternatives:
Input towards the discussion as desired.
Supporting
Documents:
Supporting documents include the following items:
Copy of Resolution No. 07-001, appointing a chair to the TIRZ
Number One Board of Directors for the year 2007.
Staff
Recommendation:
Approval of City Council recommendation from the December 5 TIRZ
Board meeting.
RESOLUTION NO. 07-001
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 Virginia Muzyka to serve as chair of the
Reinvestment Zone Board of Directors for one (1) year to begin on January 1, 2007.
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 ________ DAY OF ______________________ 2007.
APPROVED:
Andy Wambsganss, Mayor
ATTEST:
__________________________________
Lori A. Farwell, City Secretary