Item 5BCity of Southlake, Texas
MEMORANDUM
February 12, 2003
TO: Billy Campbell, City Manager
FROM: John Eaglen, Assistant to the City Manager (481 -1433)
SUBJECT: Resolution No. 03 -009, Appointing the Chair of the Board of Directors for
the Tax Increment Reinvestment Zone Number One, City of Southlake, 2003
Action Requested: City Council approval of Resolution No. 03 -009, appointing the Chair of
the Board of Directors for Tax Increment Reinvestment Zone Number
One, City of Southlake, Texas, for 2003.
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. 03-
009 provides for the City Council to meet this requirement.
After discussing the appointment of the Chair for remainder of the year,
the TIRZ Board of Directors at their January 21, 2003 meeting
recommended the appointment of Mayor Pro -Tem Ralph Evans to serve as
the TIRZ Board of Directors Chair for 2003.
Financial
Considerations: Not Applicable.
Citizen Input/
Board Review: The appointment of the Chair and election of the Vice -Chair was
discussed by the Board of Directors of Tax Increment Reinvestment Zone
Number One, City of Southlake, Texas, at their January 21, 2003 meeting.
After discussion, the Board of Directors recommended to the City Council
to appoint Ralph Evans to serve as Chair of the TIRZ Board of Directors
for 2003.
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.
Billy Campbell, City Manager
February 12, 2003
Page 2 of 3
Supporting
Documents: Supporting documents include the following items:
■ Copy of Resolution No. 03 -009, appointing a chair to the TIRZ
Number One Board of Directors for 2003.
Staff
Recommendation: Place as an item on the February 18, 2003 City Council Meeting Agenda
to appoint Ralph Evans as the Chair of the TIRZ Board of Directors for
2003.
RESOLUTION NO. 03 -009
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 Ralph Evans to serve as chair of the
Reinvestment Zone Board of Directors for one (1) year to begin on January 1, 2003.
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 2003.
• Tw
Rick Stacy, Mayor
ATTEST:
Lori A. Farwell, City Secretary