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HomeMy WebLinkAboutRES 1996-041 �� RESOLUTION NO. g6-41 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS AMENDING RESOLUTION N0. 96-08 RELATIVE TO THE TAX INCREMENT FINANCING REINVESTMENT ZONE NUMBER ONE BOARD OF DIRECTORS, APPOINTING TWO 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, City of Grapevine Resolution No. 96-08 appointed five members of the Board on February 20, 1996, to serve as representatives of the City; and '�-`� WHEREAS, Mr. Gil Traverse was appointed as a member of the Board of Directors and has subsequently moved outside the city limits of Grapevine and can no +� longer serve as a member of the Board of Directors; and WHEREAS, the Tarrant County Junior College District Board chose to not appoint a member to the Board of Directors of Tax Increment Financing Reinvestment Zone Number One, City of Grapevine, Texas; and WHEREAS, the Board of Directors of Tax Increment Financing Reinvestment Zone Number One, City of Grapevine, Texas, was established with a total membership of nine members and two positions are now vacant. 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 Council Member Roy Stewart and Mr. Eric Collazo, Mills Management L.L.C., to the Board of Directors of �,,,, Tax Increment Financing Reinvestment Zone Number One, City of Grapevine, Texas to serve two year terms. �� Section 3. That the City of Grapevine authorizes and directs that this action be made a 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 GRAPEVINE, TEXAS on this the 3rd day of September , 1996. APPROVED: �� William D. Tate Mayor ATTEST: �� � „c-C`�C-�L.. Linda Huff � City Secretary APPROVED AS TO FORM: . � John F. Boyle, Jr. ` City Attorney � � RES. N0. 96-41 2