To: Mayor and City Council
From: Mark R. Hafner, City Manager
Subject:
Title
Consider a resolution nominating candidates for the Tarrant Appraisal District (TAD) Board of Directors.
The Tarrant Appraisal District (TAD) is seeking nominations for candidates to serve on the Board of Directors. The terms of service for the five members of the current Board of Directors will expire on December 31, 2019. Each voting unit may nominate one candidate for each of the five positions to be filled, but are not required to make any nomination or may nominate any number up to five. Nominations must be submitted to the Chief Appraiser as a resolution or official action adopted by the City Council, by October 15, 2019.
The current TAD Board of Directors are:
Joe Potthoff, Chairman
Michael Leyman
John Molyneaux, Secretary
Mike O'Donnell
Mark Wood
Wendy Burgess, Tarrant County Tax Assessor-Collector
In order to be eligible to serve as directors, the nominees must have resided in Tarrant County for at least two years prior to January 1, 2020. They may serve on the governing body of a taxing unit in the County and still be eligible to serve as a Director. However, an employee of a taxing unit is prohibited from serving as a Director unless that employee is also an elected official of the governing body. A Director may not be related to a person who is in the business of appraising property for property tax purposes or represents property owners for compensation in proceedings in the appraisal district or appraises property for use in a proceeding in the appraisal district or who is employed by the appraisal district. A person is ineligible to serve as a director if the individual, or a business in which the individual has a substantial interest, enters into a contract with the appraisal district or enters into a contract with a taxing unit in the district, if that contract relates to the performance of an activity governed by Title I of the Texas Property Tax Code (for example, appraising property for tax purposes or determining eligibility for exemptions). A substantial interest exists where the individual and spouse have a combined ownership of at least 10% of the voting stock or shares of a business, or either of them is a partner, limited partner or an officer.
Based on the 2019 adjusted tax levy, Keller will have 28 votes to cast for the election, which will take place by December 15, 2019.
This item allows the opportunity for City Council to nominate candidates for the TAD Board of Directors.