HomeMy WebLinkAbout2016/03/01-Minutes-Fort Worth Local Development Corporation (FWLDC)CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY, MARCH 1, 2016
Present:
President Gyna Bivens
Vice President Cary Moon
Treasurer W. B. "Zim" Zimmerman
Secretary Dennis Shingleton
Trustee Betsy Price
Trustee Salvador Espino
Trustee Jungus Jordan
Trustee Kelly Allen Gray
Trustee Ann Zadeh
City staff:
Jay Chapa, Assistant City Manager
Leann Guzman, Senior Assistant City Attorney
Mary J. Kayser, City Secretary
1. 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 2:21 p.m. on Tuesday,
March 1, 2016, in the Pre -Council Chamber of the Fort Worth Municipal Building, 1000
Throckmorton Street, Fort Worth, Texas.
2. Approval of Minutes from the Meeting Held on February 2, 2016.
Motion was made by Trustee Price and seconded by Trustee Zimmerman to approve the
February 2, 2016, minutes of the Corporation. The motion passed 9-0.
3. Briefings.
Ms. Ana Alvarado, Economic Development Manager, provided PowerPoint presentations on
both of these items:
A. Overview of the Fort Worth Local Development Corporation and Cost Benefit Analysis
of the Property in its Inventory
B. Update on Pinnacle Bank Place Project
There was no action taken on these items; they were for informational purposes.
4. Executive Session -- President Bivens convened the executive session at 2:46 p.m., to discuss
the following items:
A. Seek the advice of its attorneys concerning the following 'items that are exempt from
public disclosure under Article X, Section 9, of the Texas State Bar Rules, as
authorized by Section 551.071 of the Texas Government Code: (i) legal issues
concerning any current agenda item; and
CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY, MARCH 1, 2016
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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
C. Discuss or deliberate negotiations relating to any economic development
negotiations, as authorized by Section 551.087 of the Texas Government Code.
President Bivens adjourned the executive session at 3:05 p.m.
President Bivens reconvened the regular session of the Fort Worth Local Development
Corporation at 3:06 p.m.
5. Requests for Future Agenda Items.
There were no requests for future agenda items.
6. Adjourn.
With no further discussion, President Bivens adjourned the meeting of the Fort Worth Local
Development Corporation Board at 3:06 p.m, on Tuesday, March 1, 2016.
These minutes approved by the Fort Worth Local Development Corporation Board of Directors
on the 22nd day of March, 2016.
�VED
Gyna Bivens
President
ATT ST:
Dennis Shingle
Secretary
Prepared and respectfully submitted by:
Mary J. Ka /MMC
City Secretary