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HomeMy WebLinkAboutResolution 3309-01-2006A Resolufiion NO 3309-01 2006 APPOINTING ONE MEMBER TO THE 80ARD OF DIRECTORS OF THE FORT WORTH PARTNERSHIP FOR COMMUNITY DEVELOPMENT WHEREAS, the City Council of the City of Fort Worth (the `City Council") previously adopted Ordinance No 16304 adopting the City of Fort Worth 2005 Comprehensive Plan (the `Comprehensive Plan') and WHEREAS, the 2005 Comprehensive Plan recommends the City execute a policy and strategy to support non-profit community development corporations whose mission is to develop affordable housing and revrtalrze neighborhood commercial districts where urvestment is not occurring but that have redevelopment potential, and WHEREAS the City of Fort Worth has partnered with the Srd Richardson Foundation and Amon Carter Foundation to complete an 18-month strategic planning process with local neighborhood- based community development corporations on a means to support their neighborhood revitalization efforts and WHEREAS, the collaborative planning effort has resulted ur the creation of the non-profit Fort Worth Partnership for Community Development, anon-profit corporation (the `Corporation') and WHEREAS, the Corporation will directly sustain neighborhood revitalization efforts by providing core operating support, technical assistance and predevelopment funding to meritorious community development corporations that advance neighborhood development initiatives; and WHEREAS, the Srd Richardson Foundation and Amon Carter Foundation have committed to serve on the Board of Directors of the Corporation and provide $425 000 to the Corporation over a two year period, contingent on the City's participation, and WHEREAS, the Corporation will expand the financial resources for Fort Worth neighborhood redevelopment efforts by raising funds from private foundations, governmental entities and private corporations; and WHEREAS, the Bylaws of the Corporation call for the Crty to appoint one (1) member of the Corporation s Board of Directors; and WHEREAS, on March 1 2005 the City of Fort Worth City Council recommended its participation on the Corporation s Board of Directors and future financial participation in the Corporation. Resolution No. 3309-O1 2006 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS THAT The Crty Council hereby appoints Kathleen Hicks to the Corporation s Board of Directors for a term beginning on the date of the Corporation s first meeting and ending on the date determined by the Board of Directors in accordance wrth Sectron I(d) of the Corporation s Bylaws AND IT IS SO RESOLVED ADOPTED thrs s l stday of January 2006 fF~~~ ,~~~~ATTEST j ,~~~ ~. ~, - ~ y f y Marty Hendrrx, City cretary ~- ~~ ~ R~ APPR~3VED CITY COU~CiL .JAN 3 1 2006 City Sec~af the City of Fort VUorth,'Pexas