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HomeMy WebLinkAbout2012/06/12-Minutes-AllianceAirport Authority (AAA)CITY OF FORT WORTH, TEXAS ALLIANCEAIRPORT AUTHORITY, INC. JUNE 12, 2012 Present: President Jungus Jordan Vice President Salvador Espino Director Betsy Price Director Danny Scarth Director W.B. "Zim" Zimmerman Director Frank Moss Director Dennis Shingleton Director Kathleen Hicks (Arrived at 5:33 p.m.) Director Joel Burns City Staff: Fernando Costa, Assistant City Manager Peter Vaky, Deputy City Attorney Mary J. Kayser, City Secretary Tom Higgins, City Manager Sarah Fullenwider, City Attorney Susan Alanis, Assistant City Manager Charles Daniels, Assistant City Manager I. Call to Order With a quorum of the directors present, President Jordan called the meeting to order for the Board of Directors of the AllianceAirport Authority, Inc., at 5:32 p.m. on Tuesday, June 12, 2012, in the Pre - Council Chamber of the Fort Worth Municipal Building, 1000 Throckmorton Street, Fort Worth, Texas, with Director Hicks temporarily absent. II. Approve Minutes of May 1, 2012 MeetinE President Jordan opened the floor for a motion on the approval of the minutes. Motion was made by Director Scarth and seconded by Director Moss, to approve the minutes of the May 1, 2012, AllianceAirport Authority, Inc., meeting. Motion carried unanimously 8 -0 (Director Hicks temporarily absent). III. Executive Session In accordance with Chapter 551 of the Texas Government Code, President Jordan and the Directors of the AllianceAirport Authority, Inc., convened into Executive Session at 5:33 p.m. on Tuesday, June 12, 2012, in the Pre - Council Chamber of the Fort Worth City Hall, 1000 Throckmorton Street, Fort Worth, Texas 76102, in order to: A. Seek the advice of its attorneys concerning In re AMR Corporation, et a1., United States Bankruptcy Court for the Southern District of New York, Case Number 11- 15463, which is exempt from public disclosure under CITY OF FORT WORTH, TEXAS ALLIANCEAIRPORT AUTHORITY, INC. JUNE 12, 2012 Page 2 of 2 Article X, Section 9 of the Texas State Bar Rules, as authorized by section 551.071 of the Texas Government Code; B. Discuss the purchase, sale, lease or value of real property, as authorized by Section 551.072 of the Texas Government Code. Deliberation in an open meeting would have a detrimental effect on the position of the Corporation in negotiations with a third party; and C. Discuss or deliberate negotiations relating to any economic development negotiations, as authorized by Section 551.087 of the Texas Government Code. President Jordan adjourned the Executive Session at 5:43 p.m., on Tuesday, June 12, 2012. President Jordan reconvened the regular session of the AllianceAirport Authority, Inc., at 5:44 p.m., on Tuesday, June 12, 2012. IV. Adopt Resolution Authorizing the City Manager or His Designee to Execute on Behalf of the Corporation any Agreements or Other Documents Related to In re AMR Corporation, et al., United States Bankruptcy Court for the Southern District of New York, Case Number 11- 15463. President Jordan opened the floor for discussion on this issue. There being no discussion, President Jordan opened the floor for a motion. Motion was made by Director Hicks and seconded by Director Burns, to adopt Resolution No. AAA - 2012 -02. Motion carried unanimously 9 -0. V. Adiourn With no further business before the Corporation Board, President Jordan adjourned the meeting of the AllianceAirport Authority, Inc., at 5:45 p.m. on Tuesday, June 12, 2012. These minutes approved by the AllianceAirport Authority, Inc., on the -TO- day ofe- 2012. APPROVED: Jun s Jord , Chai an Minutes Prepared by and Attest: Mary J. Kayser, Cify'Secbltary