Item 9LCity of Southlake, Texas
MEMORANDUM
October 12, 2005
TO: Shana Yelverton, City Manager
FROM: Ben Thatcher, Assistant to the City Manager
SUBJECT: Resolution No. 05 -055, appointing four members to serve on the Board of
Directors of the Tax Increment Reinvestment Zone Number One, City of
Southlake, Texas
Action Requested: City Council approval of Resolution No. 05 -055, appointing four (4) members
to serve on the Board of Directors for the Tax Increment Reinvestment Zone
(TIRZ) Number One of the City of Southlake, Texas.
Background
Information: Article II, Section 1 (Powers, Number, and Term of Office) of the Bylaws o
the Tax Increment Reinvestment Zone Number One, the City of Southlake,
Texas provides that the property and affairs of the zone shall be managed and
controlled by the City Council of the City of Southlake. The Bylaws specify
that the City Council shall appoint eight (8) members to the TIRZ Board of
Directors, with one of these positions named by the Carroll Independent
School District. The other taxing units participating in the zone (CISD,
Tarrant County, Tarrant County Hospital District, and Tarrant County College)
also may appoint one (1) representative to the Board of Directors.
With respect to the length and terms of succession, the Bylaws state the
following:
"Each member shall serve for a term of two years, as stipulated in the Act, or
until the member's successor is duly appointed and qualified "
On July 18, 2000, the City Council approved Resolution No. 00 -80, appointing
eight (8) members to the TIRZ Board of Directors for two year terms.
Through the initial appointments and subsequent appointments, four (4) terms
have expired.
Resolution No. 05 -055 reappoints three (3) City Council members (John
Terrell, Greg Jones, and Virginia Muzyka) to a two year term, and also appoint
a new CISD representative. The CISD appointment expired this year, but with
the resignation of Board Member John Nussrallah from the school board,
CISD has recommended that Board Member Sherrie Williams represent CISD
as the Council appointee.
TIRZ appointments are an annual agenda item after the City Council elections
in order to manage the appointments to the TIRZ Board of Directors.
Shana Yelverton, City Manager
October 12, 2005
Page 2 of 4
Financial
Considerations: Not Applicable.
Citizen Input/
Board Review: Not Applicable.
Legal Review: The City Attorney has been involved in the TIRZ process and can respond to
any legal questions or issues which may arise during the meeting.
Alternatives: Input towards the discussion and appointments as desired.
Supporting
Documents: Supporting documents include the following items:
■ Copy of Resolution No. 05 -055, appointing four (4) members to the Board
of Directors of the Tax Increment Reinvestment Zone Number One, City of
Southlake, Texas.
Staff
Recommendation: Place as an item on the October 18, 2005 City Council agenda to approve
Resolution No. 05 -055, appointing four (4) members to the Board of Directors
of Tax Increment Reinvestment Zone Number One, City of Southlake, Texas.
RESOLUTION NO. 05 -055
A RESOLUTION OF THE CITY OF SOUTHLAKE, TEXAS,
APPOINTING MEMBERS TO THE BOARD OF DIRECTORS
FOR THE TAX INCREMENT REINVESTMENT ZONE
NUMBER ONE OF THE CITY OF SOUTHLAKE; PROVIDING
AN EFFECTIVE DATE.
WHEREAS, the City Council of the City of Southlake, Texas, after public
hearing created Tax Increment Reinvestment Zone Number One, City of
Southlake, on September 23, 1997; and
WHEREAS, a Board of Directors was established by the City of Southlake
Ordinance No. 682, adopted September 23, 1997 and was amended by Ordinance
No. 761, adopted December 7, 1999; and,
WHEREAS, the City Council of the City of Southlake appointed eight
members to the Board of Directors of Tax Increment Reinvestment Zone Number
One on July 18, 2000; and
WHEREAS, four (4) positions on the Board of Directors have become
vacant due to the expiration of terms in May 2005, and the City Council is to
appoint four (4) members to fill these vacancies; and
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF SOUTHLAKE, TEXAS, THAT:
Section 1. All of the findings in the preamble are found to be true and correct and
the City Council hereby incorporates said findings into the body of this resolution
as if copied in their entirety.
Section 2. That the City of Southlake hereby appoints the following members to
fill positions on the Board of Directors of Tax Increment Reinvestment Zone
Number One, City of Southlake, Texas:
1. John Terrell Term Expires 5/2007
2. Greg Jones Term Expires 5/2007
3. Virginia Muzyka Term Expires 5/2007
4. Sherrie Williams Term Expires 5/2007
Resolution No. 05 -055
October 12, 2005
Page 2 of 2
Section 3. That this resolution is effective upon passage by the City Council.
PASSED AND APPROVED THIS THE DAY OF
, 2005.
CITY OF SOUTHLAKE, TEXAS
I:
Mayor Andy Wambsganss
ATTEST:
Lori A. Farwell
City Secretary