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HomeMy WebLinkAbout1997/09/02-Minutes-Fort Worth Local Development Corporation (FWLDC) MINUTES OF THE � FORT WORTH LOCAL DEVELOPMENT CORPORATION j1 PRE-COUNCIL CHAMBERS TUESDAY, SEPTEMBER 2, 1997 2:30 P.M. Board member present: Kenneth Barr, Cathy Hirt, Chuck Silcox, Eugene McCray, Ralph McCloud and Clyde Picht. Board members Jim Lane, Becky Haskin and Jeff Wentworth were absent. The meeting was called to order by Board Member Kenneth Barr. Election of Officers: Board Member Eugene McCray made a motion, seconded by Board Member Chuck Silcox, that the following officers be elected: Ralph McCloud as President; Cathy Hirt as Vice President; Becky Haskin as Secretary and Jim Lane as Treasurer. The motion carried unanimously. President McCloud assumed the chair and introduced the next agenda item. Adopt Resolution Approving the Execution of the Following Documents to Accomplish the Loan Transaction with Minyard Food Stores, Inc.: • The Community Loan Agreement; • Community Loan Note; • Community Loan First Lien Deed of Trust, Security Agreement, Assignment of Rents and Financing Statement; and • Security Agreement. Board Members McCray and Silcox made a motion and a second that the resolution be adopted. The motion carried unanimously. Adjournment: On motion and second of Board Members Picht and Silcox the meeting was adjourned. I `• alph McCloud, Presid t