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HomeMy WebLinkAbout2002/07/16-Minutes-Fort Worth Local Development Corporation (FWLDC) FORT WORTH LOCAL DEVELOPMENT CORPORATION MINUTES Tuesday, July 16, 2002 8:15 A.M. The Board of Directors of the Fort Worth Local Development Corporation met at 8:32 A.m. on Tuesday, July 16, 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, Chuck Silcox, Frank Moss, Clyde Picht, Ralph McCloud and Wendy Davis. Directors Jim Lane and Becky Haskin were absent. Approval of Minutes Director Silcox made a motion, seconded by Director Barr, that the minutes of July 9, 2002 be approved as written. The motion carried unanimously. Action Item Mr. Peter Vaky, Assistant City Attorney, presented a brief staff report detailing the specifics of RadioShack's intent to pay TXU to relocate the utility line that runs across the Ripley Arnold property; he advised the Corporation that they had no financial obligation, but they needed to approve this agreement. He then requested that the Corporation adopt the proposed resolution. Director Moss advised the Corporation that he had a conflict of interest and that he would abstain from voting on this issue. Director Silcox made a motion, seconded by Director Barr, that the following resolution be adopted: A. Resolution Authorizing Execution of Agreement with TXU Gas Distribution and RadioShack Corporation for Relocation of Gas Pipeline Facility in Vicinity of Ripley Arnold Apartments The motion carried unanimously, with Director Moss abstaining. Mr. Peter Vaky, Assistant City Attorney, requested that the Corporation give favorable consideration authorizing payment for legal services regarding the Ripley Arnold Apartments purchase and lease agreements between the FWLDC and the Fort Worth Housing Authority. Director Picht made a motion, seconded by Director Moss, that the following resolution be adopted: B. Resolution Authorizing Payment to Kelly, Hart & Hallman for Legal Services The motion carried unanimously. Adjourn There was no further business and the meeting was adjourned at 8:37 a. m. QA wzy� Je tworth, President