HomeMy WebLinkAbout2018/02/20-Minutes-Fort Worth Local Development Corporation (FWLDC)CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY, FEBRUARY 20, 2018
Present:
President Gyna M. Bivens
Vice President Cary Moon (Arrived at 2:02 p.m.)
Secretary Dennis Shingleton
Trustee Carlos Flores
Trustee Brian Byrd (Arrived at 2:02 p.m.)
Trustee Jungus Jordan
Trustee Kelly Allen Gray (Arrived at 2:04 p.m.)
Trustee Ann Zadeh
Absent:
Trustee Betsy Price
City Staff
Jay Chapa, Assistant City Manager
Leann Guzman, Senior Assistant City Attorney
Ronald P. Gonzales, Assistant City Secretary
Aaron Bovos, CFO/Treasurer
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 2:01 p.m. on Tuesday, February
20, 2018, in the City Council Conference Room, Room 290 of the Fort Worth Municipal
Building, 200 Texas Street, Fort Worth, Texas.
a. Approval of Minutes from the Meeting Held on January 23, 2018.
Motion was made by Trustee Byrd and seconded by Trustee Flores to approve the
January 23, 2018, minutes of the Corporation. The motion passed 8-0. (Trustee Price absent.)
II. Executive Session: President Bivens convened the executive session at 2:02 p.m. to discuss
the following items:
A. Seek the advice of its attorneys about any matter regarding the following in which the
duty of the attorney under the Texas Disciplinary Rules of Professional Conduct of
the State Bar of Texas clearly conflicts with the Texas Open Meetings Act [Tex.
Govt. Code Section 551.071]: (i) legal issues related to any current agenda items
B. Discuss the purchase, sale, lease or value of real property, as authorized by Section
551.072 of the Texas Government Code. Deliberation in an open meeting would
have a detrimental effect on the position of the Corporation in negotiations with a
third party; and
CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY, FEBRUARY 20, 2018
PAGE 2
C. Discuss or deliberate negotiations relating to any economic development
negotiations, as authorized by Section 551.087 of the Texas Government Code.
President Biveris adjourned the executive session at 2:30 p.m.
President Bivens reconvened the regular session of the Fort Worth Local Development
Corporation at 2:30 p.m.
III. Action Items
None.
IV. Presentation.
a. Asset Management Plan Presentation
Ms. Brenda Hicks -Sorensen, Assistant Director, provided a PowerPoint presentation titled,
"Local Development Corporation Asset Management Plan".
This presentation was for informational purposes; no action was taken.
V. Written Reports
a. Financial Report through January 2018.
Financial report was acknowledged by the Board.
VI. Future Agenda Items
a. 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 2:42 p.m. on Tuesday, February 20, 2018.
These minutes approved by the Fort Worth Local Development Corporation Board of Directors
on the 61h day of March, 2018.
President
CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY, FEBRUARY 20, 2018
PAGE 3
ATTEST:
Pre red and respectfully submitted by:
rF Cat, '
onald P. Gonzales
Assistant Corporate Secretary