HomeMy WebLinkAboutResolution 5395-05-2021A Resolution
NO. 5395-05-2021
APPOINTING MICHAEL CRAIN
TO THE BOARD OF DIRECTORS OF LVTRISE,
A TEXAS NON-PROFIT CORPORATION
WHEREAS, L VTRise is a Texas non-profit corporation privately organized for the purpose of, among
other things , revitalizing the Las Vegas Trail area of the City of Fort Worth (the "City"); and
WHEREAS, LVTRise leases , manages, and operates a City-owned community center in the Las Vegas
Trail area of the City on property that is owned by the City ("L VT Community Center"); and
WHEREAS, LVTRise's bylaws (the "Bylaws") specify that the corporation's affairs will be directed by a
Board of Directors (the "Board"), with one (1) place on the Board reserved for an individual appointed by
the Fort Worth City Council ("City Council Appointed Director"); and
WHEREAS, the Bylaws specify that the City Council Appointed Director must be a person serving as
Mayor, a member of the City Council, the City Manager, or an Assistant City Manager; and
WHEREAS, the City Council wishes to appoint the individual named below to the Board as City Council
Appointed Director in order to further the City's and the public's interests in the revitalization of the Las
Vegas Trail area and the management of the LVT Community Center; and
WHEREAS, the City's Ethics Code pennits the City Council to appoint a person to the board of directors
or other governing board of a business entity without the individual acquiring a substantial interest in the
entity so long as the person receives no direct or indirect remuneration for his or her service and the
primary nature of the business is either charitable, nonprofit or governmental; and
WHEREAS, the City Council Appointed Director will not receive remuneration or have any other
financial interests in L VTRise; and
WHEREAS , the Bylaws specify that the tenns of each Board member are two (2) years, but that initial
tenns, including those of the City Council Appointed Director, are staggered.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH,
TEXAS:
1. That the person whose name appears below is hereby appointed to the Board as City
Council Appointed Director to serve for a term expiring on the date set forth below:
Name
Michael Crain
City Position
City Council Member
Expiration of Tenn
October 14 , 2022
2 . That the tenn of the City Council Appointed Director will be deemed vacant upon the
effective date that such individual is no longer serving as Mayor, a member of the City Council ,
the City Manager or an Assistant City Manager.
3 . That the City Council hereby reserves the right , at any time and for any reason, to remove
the City Council Appointed Director and to appoint a qualifying individual to serve in that
Director's place for the remainder of his term.
4 . That this Resolution shall take effect immediately upon its adoption.
ADOPTED this 11th day of May 2021 .
ATTEST:
lot lPJtata t? &Jtzate.r
8 y : ,;;;Ro nald P. Gonzales (May 12, 202 115:04 CDT)
Mary J. Kayser , City Secretary