HomeMy WebLinkAboutRES 112304-Y-3 - BoD Downtown TIRZRESOLUTION NO. 1I Z 3 0 V - Y- .3
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS, APPOINTING THE MEMBERS OF THE BOARD OF
DIRECTORS OF THE DOWNTOWN TAX INCREMENT REINVESTMENT
ZONE; AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, on November 9, 2004, the City Council adopted Ordinance No. 2004-77 creating
Downtown Tax Increment Reinvestment Zone; and
WHEREAS, Section 3 of Ordinance No. 2004-77 creating the Downtown 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 directors appointed to Positions One, Three and Five shall be appointed for two year terms,
beginning on November 9, 2004, while the directors appointed to Positions Two and Four shall
be appointed to one year terms 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 November 9, 2006. 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. Notwithstanding the foregoing, the term of any City Council member serving
on the Board of Directors shall automatically expire when their term on the City Council ends.
WHEREAS Section 311.009 of the Texas Tax Code States that § 311.009(e) 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
Resolution No. // 23 04- Y`.
Board of Directors for Wolf Ranch Tax Increment Reinvestment Zone
Page 1 of 3
GEORGETOWN, TEXAS, THAT:
SECTION 1 Findings. The City Council finds and declares that the appointment of Directors
to the Downtown 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 landuse in which
conflicting needs are balanced.
9.0 Citizens and commercial goods move safely and efficiently throughout all
parts of the City.
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 The following persons are hereby appointed
to the Board of Directors for the following positions and terms commencing on November 9, 2004:
Name
Farley Snell, Councilmember District 6
Henry Carr Councilmember District 4
Micki Rundell, Finance Director
Bryant Boyd, Chair, Main Street Advisory Board
Tom Yantis, Assistant City Manager
Position
1 (Chairman)
2
3
4
5
Term
2 years
l year
2 years
1 year
2 years
SECTION 3: This Resolution shall be effective upon its adoption.
RESOLVED this 23rd day of November 2004.
APPOVE : ATTEST:
lies
N=' on Sandra D. Lee
Mayor City Secretary
Resolution No. ifr23 ail" )44.3
Board of Directors for Wolf Ranch Tax Increment Reinvestment Zone
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APPROVE AS TO FORM:
Patricia E Carls
City Attorney
Resolution No
Board of Directors for Wolf Ranch Tax Increment Reinvestment Zone
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