HomeMy WebLinkAbout2022/02/02-Minutes-Fort Worth Local Development Corporation (FWLDC) CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY, FEBRUARY 22, 2022
Present:
President Gyna Bivens
Vice President Cary Moon
Trustee Mattie Parker
Trustee Carlos Flores
Trustee Michael D. Crain
Trustee Jared Williams
Trustee Leonard Firestone
Trustee Chris Nettles
Trustee Elizabeth Beck
City Staff:
Reginald Zeno, Acting Assistant City Manager
Leann Guzman, Deputy City Attorney
Tony Rousseau, Acting Treasurer
Jannette S. Goodall, City Secretary
I. Call to Order.
With a quorum present President Bivens called the meeting to order for the Board of Directors of
the Fort Worth Local Development Corporation (Corporation) at 11:43 a.m. on Tuesday,
February 22, 2022, in the City Council Conference Room 2020 of the Fort Worth Municipal
Building, 200 Texas Street, Fort Worth, Texas.
II. Written Reports
a. Financial Report through December 2021
b. Update on City of Fort Worth Main Street Pilot Program—Martha Collins, Revitalization
Coordinator
No action was taken on these agenda items; they were for informational purposes only.
III. Action Items
a. Approval of January 25, 2022, Meeting Minutes.
Motion was made by Trustee Crain and seconded by Trustee Williams to approve the January 25,
2022, minutes of the Corporation. The motion passed 9-0
b. Consider and Adopt a Resolution to Amend the Agreement with Schaefer Advertising Co.,
Ltd. to Provide for an Expanded Media Budget,Additional Creative Assets and Associated
Agency Fees, and to Increase the Total Amount of the Contract to $952,500
Mr. Robert Sturns, Economic Development Director, provided a staff report.
CITY OF TORT WORTH,TEXAS
TORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY,FEBRUARY 22,2022
PAGE 2
Motion was made by Trustee Crain and seconded by Trustee Firestone to approve Resolution
FWLDC-2022-02 to Amend the Agreement with Schaefer Advertising Co., Ltd. to Provide for an
Expanded Media Budget,Additional Creative Assets and Associated Agency Fees, and to Increase
the Total Amount of the Contract to $952,500. The motion passed 8-0 (Trustee Nettles absent).
c. Consider and Adopt a Resolution to Approve the Sale of 722 E. Rosedale Street to Hoque
Global LLC or an Affiliate to Facilitate Swap of 912 Missouri Ave for the Evans and
Rosedale Urban Village Development
Mr. Robert Sturns, Economic Development Director, provided a staff report.
Motion was made by Trustee Nettles and seconded by Trustee Williams to approve Resolution
FWLDC-2022-03 to Approve the Sale of 722 E. Rosedale Street to Hoque Global LLC or an
Affiliate to Facilitate Swap of 912 Missouri Ave for the Evans and Rosedale Urban Village
Development. The motion passed 9-0.
IV. Presentations
a. Discussion on Proposed Demolition of Building at 1013 Evans Avenue — Robert Sturns,
Economic Development Director
No action was taken on this agenda item; it was for informational purposes only.
V. Executive Session:
There was no Executive Session
VI. Future Agenda Items
There were no requests for future agenda items.
VII. Adjourn
With no further discussion, President Bivens adjourned the meeting of the Fort Worth Local
Development Corporation Board at 12:25 p.m. on Tuesday, February 22, 2022.
These minutes approved by the Fort Worth Local Development Corporation Board of Directors
on the 291h day of March, 2022.
P OVED.
i
Gyna M. ivens
President
CITY OF FORT WORTH,TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY,FEBRUARY 22,2022
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ATTEST:
Prepared and respectfully submitted by:
triette S. Goodall
porate Secretary