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HomeMy WebLinkAbout2022/03/29-Minutes-Fort Worth Local Development Corporation (FWLDC) CITY OF FORT WORTH, TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY, MARCH 29, 2022 Present: President Gyna Bivens Vice President Cary Moon Trustee Mattie Parker Trustee Carlos Flores Trustee Michael D. Crain Trustee Leonard Firestone Trustee Chris Nettles Trustee Elizabeth Beck (Arrived at 1:44 p.m.) Absent: Trustee Jared Williams 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 1:42 p.m. on Tuesday, March 29, 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 for the period of October 2021 through January 2022 b. Update on Microloan Program for Small Business No action was taken on these agenda items; they were for informational purposes only. III. Action Items a. Approval of February 22, 2022, Meeting Minutes. Motion was made by Trustee Crain and seconded by Trustee Nettles to approve the February 22, 2022, minutes of the Corporation. The motion passed 7-0 (Trustees Williams and Beck absent.) b. Consider and Adopt a Resolution to Execute an Agreement with Weaver and Tidwell, LLP to Prepare the FY20 Form 990 Covering the Period of October 1,2020,through September 30, 2021, in an Amount not to exceed $2,900. Mr. Robert Sturns, Economic Development Director, provided a staff report. CITY OF PORT WORTH,TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY,MARCH 29,2022 PAGE Motion was made by Trustee Crain and seconded by Trustee Nettles to approve Resolution FWLDC-2022-OX to Execute an Agreement with Weaver and Tidwell, LLP to Prepare the FY20 Form 990 Covering the Period of October 1, 2020, through September 30, 2021, in an Amount not to exceed $2,900. The motion passed 8-0 (Trustee Williams absent). c. Authorize a Resolution to Update Signatory Authority on Fort Worth Local Development Corporation Bank Accounts Mr. Robert Sturns, Economic Development Director, provided a staff report. Motion was made by Trustee Beek and seconded by Trustee Crain to approve Resolution FWLDC- 2022-OX to Update Signatory Authority on Fort Worth Local Development Corporation Bank Accounts. The motion passed 8-0 (Trustee Williams absent). d. Consider and Adopt a Resolution Ratifying All Actions Taken By the Fort Worth Local Development Corporation Board of Trustees from September 1, 2021, to March 18, 2022, As Shown in Attached Agendas Mr. Robert Sturns, Economic Development Director, provided a staff report. Motion was made by Trustee Crain and seconded by Trustee Beck to approve Resolution FWLDC- 2022-OX Ratifying All Actions Taken By the Fort Worth Local Development Corporation Board of Trustees from September 1, 2021, to March 18, 2022, As Shown in Attached Agendas. The motion passed 8-0 (Trustee Williams absent). IV. Presentations a. Presentation on Future Messaging Strategy Concepts for the Fort Worth Local Development Corporation — Robert Sturns, Economic Development Director, Andrea Duffie, Economic Development Department, and Sara Hull, Executive Vice President of Schaefer Advertising Agency 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 2:07 p.m. on Tuesday, March 29, 2022. CITY OF FORT NORTH,TEXAS TORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY,MARCH 29,2022 PAGE 3 These minutes approved by the Fort Worth Local Development Corporation Board of Directors on the 26"' day of April, 2022. APPROVED: ED: yM. B i v e IYS President ATTEST: Prepared and respectfully submitted by: J ette S. Goodall C porate Secretary f