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HomeMy WebLinkAbout2020/02/18-Minutes-Fort Worth Local Development Corporation (FWLDC) CITY OF FORT WORTH,TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY,FEBRUARY 18, 2020 Present: President Gyna Bivens Vice President Cary Moon(Arrived at 2:04 p.m.) Secretary Dennis Shingleton Trustee Betsy Price Trustee Carlos Flores (Arrived at 2:04 p.m.) Trustee Brian Byrd Trustee Kelly Allen Gray Trustee Jungus Jordan Trustee Ann Zadeh City Staff: Jay Chapa,Assistant City Manager Leann Guzman, Senior Assistant City Attorney Reginald Zeno, Treasurer Mary J. Kayser, City Secretary L 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 2:03 p.m. on Tuesday, February 18,2020 in the City Council Conference Room, Room 290 of the Fort Worth Municipal Building, 200 Texas Street, Fort Worth, Texas. IL Action Items a. Approval of Minutes from the Meeting Held on August 20, 2019. Motion was made by Trustee Jordan and seconded by Trustee Shingleton to approve the August 20, 2019, minutes of the Corporation. The motion passed 7-0 (Trustees Flores and Moon absent). b. Consider and Adopt a Resolution Authorizing a One Year Lease Extension with A&R Logistics, Inc. at 1381 Meacham Boulevard Brenda Hicks-Sorensen, Assistant Director, provided a PowerPoint briefing titled, "1381 Meacham Boulevard: A&R Logistics,Inc.Lease Extension". She advised that staff recommended extending the lease to March 31, 2021. Motion was made by Trustee Price and seconded by Trustee Byrd to approve Resolution No. FWLDC-2020-01, Authorizing a One Year Lease Extension with A&R Logistics, Inc. at 1381 Meacham Boulevard. Motion passed 9-0. Brenda Hicks-Sorensen, Assistant Director, advised that the presentation would include Action Items II c and d and provided a PowerPoint briefing titled, "5401 and 5425 E. Berry St. Development Project Updates". CITY OF FORT WORTH,TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY,FEBRUARY 18,2020 PAGE 2 c. Consider and Adopt a Resolution Authorizing the Reimbursement to Housing Channel of All Expenses Associated with the Pacheco Koch Contract for Flood Plain Map Revisions to 5401 and 5425 East Berry Street Not to Exceed $35,000 Motion was made by Trustee Allen Gray and seconded by Trustee Byrd to approve Resolution No. FWLDC-2020-02, Authorizing the Reimbursement to Housing Channel of All Expenses Associated with the Pacheco Koch Contract for Flood Plain Map Revisions to 5401 and 5425 East Berry Street Not to Exceed $35,000. Motion passed 9-0. d. Consider and Adopt a Resolution Authorizing the Execution of a Contract with Pacheco Koch for FEMA Flood Plain Map Revisions to 5401 and 5425 East Berry Street Not to Exceed $20,000 Motion was made by Trustee Allen Gray and seconded by Trustee Price to approve Resolution No. FWLDC-2020-03, Authorizing the Execution of a Contract with Pacheco Koch for FEMA Flood Plain Map Revisions to 5401 and 5425 East Berry Street Not to Exceed $20,000. Motion passed 9-0. III. Briefings a. Update on the Status of the Evans and Rosedale Urban Village Development with Hoque Global and Affiliates - Robert Stums, Director b. Update Regarding the Sale of the Blue Mound Road Industrial Complex - Brenda Hicks- Sorensen,Assistant Director IV. Presentations There were no presentations V.Written Reports There were no written reports VI.Executive Session: There was no Executive Session. VIL Future Agenda Items There were no requests for future agenda items. VIIL Adjourn With no further discussion, President Bivens adjourned the meeting of the Fort Worth Local Development Corporation Board at 2:28 p.m. on Tuesday, February 18, 2020. These minutes approved by the Fort Worth Local Development Corporation Board of Directors on the 5th day of May, 2020. CITY OF FORT WORTH,TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY,FEBRUARY 18,2020 PAGE 3 APPROVED: -,�a k . 4�� Gyna Bivens President ATTEST: Prepared and respectfully submitted by: Mary J. Kayser, Corporate Secretary