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HomeMy WebLinkAbout2016/11/15-Minutes-Fort Worth Local Development Corporation (FWLDC)CITY OF FORT WORTH, TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY, NOVEMBER 15, 2016 Present:' President Gyna Bivens Vice President Cary Moon Treasurer W. B. "Zim" Zimmerman Trustee Salvador Espino Secretary Dennis Shingleton Trustee Jungus Jordan Trustee Kelly Allen Gray Trustee Ann Zadeh Absent: Trustee Betsy Price City staff Jay Chapa, Assistant City Manager Leann Guzman, Senior Assistant City Attorney Mary J. Kayser, 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 2:30 p.m. on Tuesday, November 15, 2016, in the Pre -Council Chamber of the Fort Worth Municipal Building, 1000 Throckmorton Street, Fort Worth, Texas. II. Action Items A. Approval of Minutes from the Meeting Held on September 20, 2016. Motion was made by Trustee Shingleton and seconded by Trustee Zadeh to approve the September 20, 2016, minutes of the Corporation. The motion passed 8-0. (Trustee Price absent.) Ms. Ana Alvarado, Economic Development Manager, advised that her PowerPoint presentation, titled "Fort Worth Local Development Corporation Property Repair Needs", would pertain to agenda items II B. and II C. B. Consider and Adopt a Resolution Approving Expenditure up to $1,500,000.00 with Bazan Roofing, Inc., for the Replacement of the Roof at 4600 Blue Mound Road. Motion was made by Trustee Moon and seconded by Trustee Shingleton to continue consideration and adoption of a Resolution Approving Expenditure up to $1,500,000.00 with Bazan Roofing, Inc., for the Replacement of the Roof at 4600 Blue Mound Road until the December 2016, FWLDC meeting. The motion passed 8-0. (Trustee Price absent.) CITY OF FORT WORTH, TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY, NOVEMBER 15, 2016 PAGE 2 C. Consider and Adopt Resolution Approving Expenditure up to $300,000.00 with MV Engineering, Inc., for the Reconstruction of a Section of the Private Roadway at the Blue Mound Round Property. Motion was made by Trustee Zimmerman and seconded by Trustee Espino to approve Resolution No. FWLDC-2016-12, Approving Expenditure up to $300,000.00 with MV Engineering, Inc., for the Reconstruction of a Section of the Private Roadway at the Blue Mound Round Property. The motion passed 8-0. (Trustee Price absent.) III. Briefings There were no briefings. IV. Executive Session: President Bivens stated that she had been advised that an Executive Session was not necessary. 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 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. V. Future Agenda Items. There were no requests for future agenda items. VI. Adjourn. With no fin ther discussion, President Bivens adjourned the meeting of the Fort Worth Local Development Corporation Board at 2:51 p.m. on Tuesday, November 15, 2016. These minutes approved by the Fort Worth Local Development Corporation Board of Directors on the 13th day of December, 2016. P OVED: Gyna Bi ens President CITY OF FORT WORTH, TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY, NOVEMBER 15, 2016 PAGE 3 ATTEST: D"— , 4 —1�4 ennis Shinglet Secretary Prepared and respectfully submitted by: Mary J. K C City Secretary