Item 4CCity of Southlake, Texas
M E M O R A N D U M
December 12, 2007
TO: Shana Yelverton, City Manager
FROM: Alison Ortowski, Assistant to the City Manager
Resolution No. 07-065, Appoint a Chairperson of the Board of
SUBJECT:
Directors of Tax Increment Reinvestment Zone Number One for the
2008 calendar year.
Action Requested:
Appointment of the 2008 Chairperson of the Tax Increment
Reinvestment Zone (TIRZ) Number One Board Chair.
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. 07-065 fulfills this requirement,
providing for a council-appointed TIRZ Board member to serve as
chair for 2008.
Financial
Considerations:
Not Applicable.
Citizen Input/
Board Review:
The TIRZ Board of Directors discussed this item at their December
4, 2007 meeting and approved a recommendation to the City
Council to appoint Virginia Muzyka to serve as chair for 2008.
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. 07-065, appointing a chair to the TIRZ
Number One Board of Directors for the year 2008.
Staff
Recommendation:
Approval of Resolution No. 07-065 appointing Virginia Muzyka as
the 2008 TIRZ Board of Directors Chairperson.
RESOLUTION NO. 07-065
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
to serve as chair of the Reinvestment Zone Board of Directors for one (1) year to begin
on January 1, 2008.
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. Payne, City Secretary