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HomeMy WebLinkAbout2000/08/29-Minutes-HEDC City of Fort Worth City Council .f. Economic Development Committee Highlights of the Meeting Held Tuesday,August 29, 2000 Committee Members Present: Jeff Wentworth, Jim Lane, and Frank Moss Other Council Members and Staff Present: Wendy Davis, Charles Boswell, Mike Groomer, Tom Higgins, Jim Keyes, Peter Vaky, and Ardina Washington 1. Call to Order: Chairman Wentworth called the meeting to order at 4:04 p.m. 2. Discussion of Creation of a South Downtown Redevelopment Corporation: Mike Groomer, Assistant City Manager, briefly described the project and then introduced Ed Casebier, managing partner for Renaissance Development Company. Mr. Casebier explained that the purpose of the presentation was to seek the Committee's endorsement to form a redevelopment district. He said approval of financing or structure were not the focus at this time. He then outlined six components of the district (see attachment). After Mr. Casebier's presentation, the Committee asked questions and discussed their concerns. After all questions and concerns had been addressed, the Committee decided to postpone endorsement until after the ORLancaster Corridor Committee had released its report. Chairman Wentworth suggested that Mr. Casebier and his associates meet with the Lancaster Corridor Committee to coordinate efforts. Additionally, Chairman Wentworth suggested that Mr. Casebier talk with Tom Higgins, Economic Development Director, about the Fort Worth Economic Development Corporation (FWEDC) as a possible means of acquiring property to begin the proposed project. 3. Adjourn: Chairman Wentworth adjourned the meeting at 4:37 p.m. Approved By: Jeff Wentworth, Chairman