HomeMy WebLinkAbout2008/05/20-Minutes-Fort Worth Local Development Corporation (FWLDC) CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
CALLED—SPECIAL SESSION
MINUTES
TUESDAY, MAY 20,2008
Present:
President Jungus Jordan
Vice President Chuck Silcox
Secretary Carter Burdette
Treasurer Salvador Espino
Director Danny Scarth
Director Frank Moss
Director Kathleen Hicks
Director Joel Burns
Absent:
Director Mike Moncrief
City staff:
Tom Higgins, Assistant City Manager
Peter Vaky, Senior Assistant City Attorney
Marty Hendrix, City Secretary
Cynthia Garcia, Community Development Manager, Economic and Community Development
Department
Chris Mosley, Assistant City Attorney
Other City staff in attendance included:
Dale Fisseler, City Manager
Fernando Costa, Assistant City Manager
Carl Smart, Acting Assistant City Manager
Ardina Washington, Economic Development Manager, Economic and Community Development
Department
Henry Day, Senior Management Analyst, Economic and Community Development Department
LeAnn Guzman, Assistant City Attorney
Laetitia Brown, Assistant City Attorney
Call to Order (Agenda Item I)
With a quorum of the Board Members present, President Jordan called the meeting to
order tOr the Board of Directors of the Fort Worth local Development Corporation
CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
CALLED—SPECIAL SESSION
MINUTES
TUESDAY, MAY 20, 2008
Page 2
(Corporation) at 2:15 p.m. on Tuesday, May 20, 2008, in the Pre-Council Chamber of the Fort
Worth Municipal Building, 1000 Throckmorton, Fort Worth, Texas.
President Jordan adjourned the called — special session into Executive Session at
2:15 p.m. on Tuesday, May 20, 2008, in accordance with the requirements of the Open Meetings
Law.
Executive Session (Agenda Item II)
In accordance with Chapter 551 of the Texas Government Code, President Jordan and the
Directors of the Fort Worth Local Development Corporation convened into Executive Session at
2:15 p.m., on Tuesday, May 20, 2008, 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 legal issues regarding (i)
American Ironhorse Lease Agreement and (ii) American Ironhorse
Motorcycle Company, Inc., U.S. Bankruptcy Court Northern District of
Texas, Fort Worth Division, Case No. 08-40926 and (iii) any current agenda
items that are exempt from public disclosure under Article X, Section 9 of
the Texas State Bar Rules, as authorized by Section 551.071 of the Texas
Government Code; and
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 City 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.
The Executive Session was adjourned by President Jordan at 2:25 p.m.
President Jordan reconvened from the Executive Session back into the called — special
session at 2:25 p.m.
CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
CALLED—SPECIAL SESSION
MINUTES
TUESDAY, MAY 20, 2008
Page 3
Adiourn (Agenda Item 111)
With no further business before the Board, President Jordan adjourned the called —
special session of the Fort Worth Local Development Corporation at 2:25 pm. on Tuesday,
May 20, 2008.
These minutes approved by the Fort Worth Local Development Corporation on the 10th
day of June, 2008.
APPROVED:
Jun s Jor
Pres dent
ATTEST:
Carter Burdette, Secretary
Prepared and respectfully submitted by:
f 1
Marty Hendrix, C/MMC
City Secretary