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HomeMy WebLinkAboutRES 112304-Y-2 - BoD Wolf Ranch TIRZRESOLUTION NO. 7123 04 ' Y-z A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, APPOINTING THE MEMBERS OF THE BOARD OF DIRECTORS OF THE WOLF RANCH TAX INCREMENT REINVESTMENT ZONE; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, on December 19, 2003, the City Council adopted Ordinance No. 2003-90 creating the Wolf Ranch Tax Increment Reinvestment Zone; and WHEREAS, Section 3 of Ordinance No. 2003-90 creating the Wolf Ranch Tax Increment Reinvestment Zone states: Section 3. Board of Directors. That there is hereby created a Board of Directors for the Zone, which shall consist of five (5) members. The City Council shall appoint all directors. The directors appointed to Positions One, Three and Five shall be appointed for two year terms, beginning on the effective date of the Zone while the directors appointed to Positions Two and Four shall be appointed to one year tenus beginning on the effective date of the Zone. All subsequent appointments shall be appointed for two-year terms. The member of the Board of Directors appointed to Position One is hereby designated to serve as chair of the Board of Directors for the term beginning on the effective date of the Zone, and ending two years thereafter. Thereafter the City Council shall annually nominate and appoint a member to serve as chair for a term of one year beginning January 1 of the following year. The City Council authorizes the Board of Directors to elect from its members a vice chairman and such other officers as the Board of Directors sees fit WHEREAS, on December 19, 2003, by Resolution 121903-B, the City Council appointed the following persons as members of the Board of Directors for the Zone: Name Patty Eason, City Council Member District 1 Gabe Sansmg, City Council Member District 2 Tom Yantis, Assistant City Manager Ron Swain, Economic Development Comm. Micki Rundell, Director of Finance & Admin. Position 1 (Chairman) 2 3 4 5 Term 2 years 1 year 2 years l year 2 years WHEREAS, the Directors for Positions Two and Four need to be appointed, or re -appointed, for two- year terms commencing on January 1, 2005; and WHEREAS, the City Council further desires to provide that the terms of all members of the Board of Directors who are also City Council members shall expire when their term as City Council member expires; and Resolution No. 1 /23 00 Board of Directors for Wolf Ranch Tax Increment Reinvestment Zone — for 2005 Page 1 of 3 WHEREAS, all members of the Board are qualified to serve as Directors under the provisions of Section 311.009 of the Texas Tax Code, which states that "To be eligible for appointment to the board by the governing body of the municipality, an individual must: ..(A) be a qualified voter of the municipality; or (B) be at least 18 years of age and own real property in the zone, whether or not the individual resides in the municipality. WHEREAS, the Georgetown Independent School District and the Williamson County Commissioners Court have waived their right to appoint a member to the Board of Directors. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, THAT: SECTION 1. Findings. The City Council finds and declares that the appointment of Directors to the Wolf Ranch. Tax Increment Reinvestment Zone is in conformance with the following Policy Statements in the City's Century Plan: 1.0 The community enjoys the benefits of well -planned land use in which conflicting needs are balanced. 9.0 City. Citizens and commercial goods move safely and efficiently throughout all parts of the 10.0 Georgetown's citizens and businesses enjoy an attractive community with a unique sense of place and a positive, identifiable image, at a cost which is consistent with other city social and economic priorities. 13.0 All municipal operations are conducted in an efficient business -like manner and sufficient financial resources for both current and future needs are provided. 15.0 The City manages its resources in a sound and fiscally conservative manner. SECTION 2: Appointment of Board of Directors For Positions Two and Four. The following persons are hereby appointed to the Board of Directors for the following positions and terms commencing on January 1, 2005 and ending on December 31, 2006 (except as otherwise set forth herein): Name Position Term Gabe Sansing, City Council Member District 2 2 2 years — or sooner if his term as Council Member expires Ron Swain, Economic Development Comm. 4 2 years Resolution No. / 123 04 tp-r. 2 Board of Directors for Wolf Ranch Tax Increment Reinvestment Zone — for 2005 Page 2 of 3 SECTION 3: Term of Board of Directors who are Also City Council Members. The terms of any members of the Board of Directors who are also City Council members shall automatically expire on the first to occur of either (1) the end of their term as a Director; or (2) the end of their City Council term, whichever shall first occur. SECTION 4: This Resolution shall be effective upon its adoption. RESOLVED this 23rd day of November, 2004. APPROVED: ATTEST: Gary R+elon Sandra D. Lee Mayor City Secretary APPROVED AS TO FORM: Patncia E. Carls City Attorney Resolution No. ! I Z3 04 ' Y2 Board of Directors for Wolf Ranch Tax Increment Reinvestment Zone — for 2005 Page 3 of 3