HomeMy WebLinkAboutResolution 5023-12-2018A Resolution
NO. 5023-12-2018
APPOINTING DR. BRIAN BYRD TO
THE BOARD OF DIRECTORS OF
LVTRISE,
A TEXAS NON-PROFIT CORPORATION
WHEREAS, LVTRise is a Texas non-profit corporation being privately organized for
the purpose of, among other things, revitalizing the Las Vegas Trail area of the City o f Fort
Worth (the "City"); a n d
WHEREAS, pursuant to ongoing negotiations with the City, it is expected that
LVTRise may lease, manage, and operate a community center that is proposed to be
constructed in the Las Vegas Trail area of the City on property that may be owned by the
City ("LVT Community Center"); and
WHEREAS, LVTRise's bylaws (the "Bylaws") will specify that the corporation's affairs will
be directed by a Board of Directors (the "Board"), with one (1) place on the Board reserved for an
individual appointed by the City Council ("City Council Appointed Director"); and
WHEREAS, the Bylaws will specify that the City Council Appointed Director must
be a person serving as Mayor, a member of the City Council, the City Manager, or an
Assistant City Manager; and
WHEREAS, the City Council wishes to appoint the individual named below to the Board as
City Council Appointed Director in order to further the City's and the public's interests in the
revitalization of the Las Vegas Trail area and the management of the LVT Community Center; and
WHEREAS, the City's Ethics Code permits the City Council to appoint a person to
the board of directors or other governing board of a business entity without acquiring a
substantial interest in the entity so long as the person receives no direct or indirect
remuneration for his or her service and the primary nature of the business is either
charitable, nonprofit or governmental; and
WHEREAS, the City Council Appointed Director will not receive remuneration or have any
other financial interests in LVTRise; and
WHEREAS, the Bylaws will specify that the terms of each Board member will be two
(2) years, but that initial terms, including those of the City Council Appointed Director, are
to be staggered;
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NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF FORT WORTH, TEXAS:
1. THAT the person whose name appears below is hereby appointed to the Board
as City Council Appointed Director to serve for a term expiring on the date set forth
below:
Name City Position Expiration of Term
Dr. Brian Byrd City Council Member October 14, 2020
2. THAT the term of the City Council Appointed Director will be deemed vacant
upon the effective date that such individual is no longer serving as Mayor, a member of the
City Council, the City Manager or an Assistant City Manager.
3. THAT the City Council hereby reserves the right, at any time and for any
reason, to remove the City Council Appointed Director and to appoint a qualifying
individual to serve in that Director's place for the remainder of his term.
4. THAT this Resolution shall take effect immediately upon its adoption.
AND IT IS SO RESOLVED.
ADOPTED this 11th day of December 2018.
ATTEST: 1
By:
Mary J. Kays City Secretary
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