HomeMy WebLinkAbout2002/07/09-Minutes-Fort Worth Local Development Corporation (FWLDC) FORT WORTH LOCAL DEVELOPMENT CORPORATION MINUTES
Tuesday, July 9, 2002
2:45 P.M.
The Board of Directors of the Fort Worth Local Development Corporation met at
2:59 p.m. on Tuesday, July 9, 2002 in the Pre-Council Chambers of the Fort
Worth Municipal Building, 1000 Throckmorton, Fort Worth, Texas. The following
persons were in attendance:
Jeff Wentworth, President; Directors Kenneth Barr, Jim Lane, Chuck
Silcox, Frank Moss, Clyde Picht, Ralph McCloud and Wendy Davis.
Director Becky Haskin was absent.
Approval of Minutes
Director Barr made a motion, seconded by Director Lane, that the minutes of
April 2, 2002 be approved as written. The motion carried unanimously.
Action Item
Mr. Robert Sturns, of the Economic Development Department, presented a brief
staff report detailing the history and specifics of the project and requested that
the Corporation adopt the proposed resolution.
Director Lane made a motion, seconded by Director Moss, that the following
resolution be adopted:
A. Resolution Authorizing the Transfer of $290,000 in Available Funds to the
City of Fort Worth for the Purpose of Repaying a Grant from the Economic
Development Administration for Property Located at the North East Corner
of North Main and 14th Street
The motion carried unanimously.
Mr. Joe Paniagua, Assistant City Manager, briefed the Corporation regarding the
resolution's ratification.
Director Silcox made a motion, seconded by Director Barr, that the following
resolution be adopted:
B. Resolution Ratifying the Execution of a Lease fro Property Located at
2851 S. Riverside Drive to Texas Festivals, Inc.
The motion carried unanimously.
Adjourn
There was no further business and he meeting was adjourned at 3:10 p. m.
: : J fi orth, President