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HomeMy WebLinkAboutRES 121903-B - Board Wolf Ranch TIRZWHEREAS, on December 19, 2003, the City Council adopted Ordinance No. '20c,3410 creating the Wolf Ranch Tax Increment Reinvestment Zone; and WHEREAS, Section 3 of Ordinance No. '2,`L�- 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 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 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. 11 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. Resolution No. 12- t ci C Board of Directors for Wolf Ranch Tax Increment Reinvestment Zone Page 1 of 3 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, THAT: SECTION l . 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 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 the effective date of the Wolf Ranch Tax Increment Reinvestment Zone: Name Patty Eason, City Councilmember District 1 Gabe Sansing, City Councilmember District 2 Tom Yantis, Assistant City Manager Ron Swain, Economic Development Commission Micki Rundell, Director of Finance & Administration Mayor Position Term 1 (Chairman) 2 years 2 1 year 3 2 years 4 1 year 5 2 years SECTION 3: This Resolution shall be effective upon its adoption. RESOLVED this 19th day of December, 2003. Resolution No, I Board of Directors Page 2 of 3 ATT ST: ,r Sandra D. Lee City Secretary r Wolf Ranch Tax Increment Reinvestment Zone AS TO FORM: Patricia E. Ca City Attomey Resolution No. I Board of Directors Page 3 of 3 Tax Increment Reinvestment Zone