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HomeMy WebLinkAboutRES 1996-008 RESOLUTION NO. 96-08 � A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS ESTABLISHING A BOARD OF DIRECTORS TO ADMINISTER TAX INCREMENT FINANCING REINVESTMENT ZONE NUMBER ONE, APPOINTING FIVE MEMBERS TO SAID BOARD OF DIRECTORS AND PROVIDING AN EFFECTIVE DATE WHEREAS, the City Council of the City of Grapevine, Texas, after public hearing, created Tax Increment Financing Reinvestment Zone Number One, City of Grapevine, Texas, at its regular meeting on Tuesday, February 20, 1996; and WHEREAS, a Board of Directors was established by City of Grapevine Ordinance No. 96-07, adopted February 20, 1996, to administer the Zone; and WHEREAS, the City of Grapevine is to appoint five members to the Board; and WHEREAS, the governing bodies of the following taxing units which levy taxes on real property in the zone (Tarrant County, Tarrant County Hospital ��' District, Tarrant County Junior College District and Grapevine-Colleyville Independent School District) have each appointed one (1) member to the Board; �'" and WHEREAS, this action is to be taken within 60 days of passage of Ordinance No. 96-07 creating the Tax Increment Financing Reinvestment Zone. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY ' OF GRAPEVINE, 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 of Grapevine hereby appoints five members to the Board of Directors of Tax Increment Financing Reinvestment Zone Number One, City of Grapevine, Texas, to serve for two year terms as named in the attached Exhibit "A". � ' Section 3. That the governing bodies of the taxing units which levy taxes on real property in the zone have appointed one member each to serve for two year terms as named in the attached Exhibit "A". Section 4. That the City of Grapevine authorizes and directs that this action be made a part of the City's permanent records. �ky,,p Section 5. That this resolution shall become effective from and after the date of its passage. PASSED AND APPROVED BY THE ITY COUNCIL OF THE CITY OF -� GRAPEVINE, TEXAS on this the �-�-9�I,-��day of -Fe�+-crary /��t,/�,[�, 1996. � /�`���'�, APPROVED: William D. Tate Mayor ATTEST: �:� � ; � � �ti ��v� Linda uff City Secretary APPROVED AS TO FORM: ��� John F. Boyle, Jr. City Attorney �.,:,.x.. RES. N0. 96_08 2 EXHIBIT "A" To Resolution 96-08 Page 1 of 1 TAX INCREMENT FINANCING DISTRICT REINVESTMENT ZONE NUMBER ONE �����,� BOARD OF DIRECTORS The City Council of the City of Grapevine, Texas, hereby appoints the following members to the Board of Directors of the City of Grapevine Tax Increment Financing District Reinvestment Zone Number One, effective March 5, 1996: MAYOR WILLIAM D. TATE MAYOR PRO TEM TED R. WARE COUNCIL MEMBER JERRY L. PITTMAN COUNCIL MEMBER C. SHANE WILBANKS COUNCIL MEMBER GIL TRAVERSE (Temporary Appointment) The governing bodies of the taxing units which levy taxes on real property in the zone have appointed the following members: c � Tarrant County ��,� JANESANFORD Tarrant County Hospital District FRAN FULLER Tarrant County Junior College District No appointment Grapevine-Colleyville Independent School District MARION BREKKEN �..�