HomeMy WebLinkAbout2021/01/12-Minutes-Fort Worth Local Development Corporation (FWLDC) CITY OF FORT WORTH,TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY,JANUARY 12,2021
Present:
President Gyna Bivens (Video)
Vice President Cary Moon(Video/arrived at 2:23pm)
Secretary Dennis Shingleton
Trustee Betsy Price
Trustee Carlos Flores
Trustee Brian Byrd
Trustee Kelly Allen Gray (Video)
Trustee Jungus Jordan
Trustee Ann Zadeh (Video)
City Staff:
Jay Chapa, Deputy City Manager
Leann Guzman, Deputy City Attorney
Reginald Zeno, Treasurer
Mary J. Kayser, 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 2:09 p.m. on Tuesday, January
12, 2021, in the City Council Conference Room, Room 2020 of the Fort Worth Municipal
Building, 200 Texas Street, Fort Worth, Texas.
II. Written Reports
a. Financial Report through October 2020
b. Berry-Stalcup Request for Expression of Interest RFEI
- Mr. Robert Sturns made a brief presentation about this item.
III. Presentations
There were no presentations.
IV. Action Items
a. Approval of September 22, 2020 Meeting Minutes.
Motion was made by Trustee Price and seconded by Trustee Shingleton to approve the September
22, 2020,minutes of the Corporation. The motion passed 8-0 (Moon absent)
b. Consider and Adopt a Resolution Authorizing a Lease Amendment with A&R Logistics,
Inc. at 1381 Meacham Boulevard to Extend the Term.
Ms. Brenda Hicks-Sorensen,Assistant Director, provided a staff report.
CITY OF FORT WORTH,TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY,JANUARY 12,2021
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Motion was made by Trustee Shingleton and seconded by Trustee Price to approve Resolution No.
FWLDC-202 1-0 1, Authorizing a Lease Amendment with A&R Logistics, Inc. at 1381 Meacham
Boulevard to Extend the Term to 9/30/2022. Motion passed 8-0 (Moon absent).
c. Consider and Adopt a Resolution to Amend Resolution No.FWLDC-08-2018 Authorizing
the Sale of the Blue Mound Road Industrial Complex to CHM Industries, Inc. and Anchor
Fabrication, LLC for a Combined Amount of Not Less Than $11.0 Million to Accept a
Combined Amount of Not Less than $10.6 Million
Ms. Brenda Hicks-Sorensen,Assistant Director, provided a staff report.
Motion was made by Trustee Price and seconded by Trustee Shingleton to approve Resolution No.
FWLDC-2021-02, Authorizing the Sale of the Blue Mound Road Industrial Complex to CHM
Industries, Inc. and Anchor Fabrication, LLC for a Combined Amount of Not Less Than $11.0
Million to Accept a Combined Amount of Not Less than $10.6 Million. Motion passed 9-0.
V. Executive Session
There was no Executive Session
VI. Future Agenda Items
There were no requests for future agenda items.
VIL Adjourn
With no further discussion, President Bivens adjourned the meeting of the Fort Worth Local
Development Corporation Board at 2:25 p.m. on Tuesday, January 12, 2021.
These minutes approved by the Fort Worth Local Development Corporation Board of Directors
on the 23rd day of March, 2021.
Gyna Bivens
President
ATTEST:
Prepared and respectfully submitted by:
Mary J. Kayser, Corporate Secretary