HomeMy WebLinkAbout1997/09/02-Minutes-Fort Worth Local Development Corporation (FWLDC) (4) MINUTES OF THE
FORT WORTH LOCAL DEVELOPMENT CORPORATION
PRE-COUNCIL CHAMBERS
TUESDAY, SEPTEMBER 2, 1997
2:30 P.M.
Board member present: Kenneth Barr, Cathy Hirt, Chuck Silcox, Eugene
McCray, Ralph McCloud and Clyde Picht. Board members Jim Lane, Becky
Haskin and Jeff Wentworth were absent.
The meeting was called to order by Board Member Kenneth Barr:
Election of Officers: Board Member Eugene McCray made a motion, seconded
by Board Member Chuck Silcox, that the following officers be elected:
Ralph McCloud as President; Cathy Hirt as Vice President; Becky Haskin
as Secretary and Jim Lane as Treasurer.
The motion carried unanimously.
President McCloud assumed the chair and introduced the next agenda item.
Adopt Resolution Approving the Execution of the Following Documents to
Accomplish the Loan Transaction with Minyard Food Stores, Inc.:
® The Community Loan Agreement;
® Community Loan Note;
® Community Loan First Lien Deed of Trust, Security Agreement, Assignment of
Rents and Financing Statement; and
® Security Agreement.
Board Members McCray and Silcox made a motion and a second that the
resolution be adopted. The motion carried unanimously.
Adjournment: On motion and second of Board Members Picht and Silcox the
meeting was adjourned.
Ralph McCloud, President