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HomeMy WebLinkAbout2019/05/21-Minutes-Fort Worth Local Development Corporation (FWLDC)CITY OF FORT WORTH, TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY, MAY 21, 2019 Present: President Gyna Bivens Vice President Cary Moon Secretary Dennis Shingleton Trustee Carlos Flores Trustee Brian Byrd Trustee Jungus Jordan Trustee Ann Zadeh Absent: Trustee Betsy Price Trustee Kelly Allen Gray City Staff: Susan Alanis, Assistant City Manager Leann Guzman, Senior Assistant City Attorney Ronald P. Gonzales, Assistant 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 2:16 p.m. on Tuesday, May 21, 2019 in the City Council Conference Room, Room 290 of the Fort Worth Municipal Building, 200 Texas Street, Fort Worth, Texas. II. Action Items A. Approval of Minutes from the Meeting Held on March 19, 2019. Motion was made by Trustee Shingleton and seconded by Trustee Zadeh to approve the March 19, 2019, minutes of the Corporation. The motion passed 7-0, Trustees Price and Allen Gray absent. B. Consider and Adopt a Resolution Authorizing Acceptance and Execution of a Contract with Property Paving, Inc. to Repair the Road between 4600 and 4700 Blue Mound Road in an Amount Not to Exceed $90,000.00 Ms. Brenda Hicks -Sorensen, Economic Development, provided a PowerPoint presentation titled, Road Repair at Blue Mound Road Industrial Complex. Motion was made by Trustee Shingleton and seconded by Trustee Byrd to approve Resolution No. FWLDC-2019-02. Motion passed 7-0, Trustees Price and Allen Gray absent. III. Briefings a. Update and Discussion Regarding the Sale and Development of Property Located at 5401 and 5425 East Berry Street with Housing Channel CITY OF FORT WORTH, TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY, MAY 21, 2019 PAGE 2 Ms. Brenda Hicks -Sorensen, Economic Development, provided a staff report. No action was taken; the briefing was for informational purposes only. IV. Presentations There were no presentations V. Written Reports a. Financial Report through March 2019 b. Fiscal Year 2018 Audit Report Results from Weaver and Tidwell, LLP c. Blue Mound Road Industrial Complex 2019 Tax Appraisal VI. Executive Session: There was no Executive Session. VII. Future Agenda Items There were no future agenda items. VIII. Adjourn With no further discussion, President Bivens adjourned the meeting of the Fort Worth Local Development Corporation Board at 2:46 p.m. on Tuesday, May 21, 2019. These minutes approved by the Fort Worth Local Development Corporation Board of Directors on the 18th day of June, 2019. ATTEST: Prepared and respectful!_submitted by: Mary J. Kay Corporate Sf