HomeMy WebLinkAbout2013/02/05-Minutes-Central City Local Government Corporation (CCLGC)CITY OF FORT WORTH, TEXAS
FORT WORTH CENTRAL CITY LOCAL GOVERNMENT CORPORATION
REGULAR SESSION
MINUTES
TUESDAY, FEBRUARY 5, 2013
Present:
Vice President Jungus Jordan
Director Betsy Price
Director Salvador Espino
Director W. B. "Zim" Zimmerman
Director Danny Scarth
Director Frank Moss
Director Dennis Shingleton
Director Kelly Allen Gray
Director Joel Burns
Director Roy Brooks (Arrived at 2:02 pm)
City staff:
Fernando Costa, Assistant City Manager
Deputy City Attorney, Peter Vaky
Mary J. Kayser, City Secretary
Jay Chapa, Director, Housing & Economic Development Department
Other City Staff in attendance included:
Tom Higgins, City Manager
Cynthia Garcia, Assistant Director, Housing & Economic Development Department
LeAnn Guzman, Assistant City Attorney
Henry Day, Senior Management Analyst, Housing & Economic Development Department
Call to Order
(Agenda Item 1)
With a quorum of the Board Members present, Vice President Jordan called the meeting to order
for the Board of Directors of the Fort Worth Central City Local Government Corporation at 1:55
p.m. on Tuesday, February 5, 2013, in the Pre -Council Chamber of the Fort Worth Municipal
Building, 1000 Throckmorton Street, Fort Worth, Texas.
Approval of Minutes from Meeting Held on
March 6, 2012
(Agenda Item 2)
Motion was made by Director Price and seconded by Director Moss to approve the minutes of
the March 6, 2012, meeting of the Central City Local Government Corporation. Motion passed
9-0 (Director Brooks absent).
CITY OF FORT WORTH, TEXAS
FORT WORTH CENTRAL CITY LOCAL GOVERNMENT CORPORATION
REGULAR SESSION
TUESDAY, FEBRUARY 5, 2013
PAGE 2 Of 3
Election of Officers (President, Vice -President, (Agenda Item 3)
Secretary and Treasurer)
Motion was made by Director Espino to nominate Jungus Jordan for President. There being no
further nominations the vote was called for. The motion passed unanimously.
Motion was made by President Jordan to nominate Sal Espino for Vice -President. There being
no further nominations the vote was called for. The motion passed unanimously.
Motion was made by President Jordan to nominate the City Secretary and Chief Financial
Officer for Secretary and Treasurer respectively. There being no further nominations the vote
was called for. The motion passed unanimously.
Executive Session
(Agenda Item 40
President Jordan stated that he had been advised that an Executive Session was not necessary.
Discussion and Consideration of Resolution
to Ratify a Loan with the Lancaster
Corridor Redevelopment LLC in an
Amount of $2,512,560.00 to purchase the
Property Located in the 200 Block of
Fifteenth Street and to Authorize the
Execution of any Related Documents.
Discussion and Consideration of Resolution
to Authorize the Acceptance of Ownership
of the Property Located in the 200 Block of
Fifteenth Street from the Lancaster
Corridor Redevelopment, LLC.
Discussion and Consideration of a
Resolution to Execute a Development
Agreement in an amount Not to Exceed
$5,087,440.00 with Lancaster Corridor
Redevelopment, LLC to Cause the
Construction of a Parking Garage to be
Located in the 200 Block of Fifteenth Street
and to Authorize the Execution of any
Related Documents.
(Agenda Item 5)
(Agenda Item 6)
(Agenda Item7)
Mr. Jay Chapa, Director, Housing and Economic Development Department presented the
background on the purchase of the property in the 200 block of Fifteenth Street and the Lancaster
Mixed -Use Project Parking Garage and requested the approval of several resolutions related to
the project.
CITY OF FORT WORTH, TEXAS
FORT WORTH CENTRAL CITY LOCAL GOVERNMENT CORPORATION
REGULAR SESSION
TUESDAY, FEBRUARY 5, 2013
PAGE 3 Of 3
Motion was made by Director Shingleton and second by Director Burns to approve the following
Resolutions associated with the Lancaster Mixed -use Project Parking Garage.
Resolution CCLGC-2013-01 — ratifying a loan with the Lancaster Corridor Redevelopment LLC
in an amount of $2,512,560.00 to purchase the property located in the 200 block of Fifteenth
Street and to authorize the execution of any related documents.
Resolution CCLGC-2013-02 — authorize the acceptance of ownership of the property located in
the 200 block of Fifteenth Street from the Lancaster Corridor Redevelopment, LLC.
Resolution CCLGC-2013-03 — to execute a development agreement in an amount not to exceed
$5,087,440.00 with Lancaster Corridor Redevelopment, LLC to cause the construction of a
parking garage to be located in the 200 block of Fifteenth Street and to authorize the execution of
any related documents.
Motion passed 8-0. Director Brooks absent.
Director Brooks arrived at 2:02 pm.
Requests for Future Agenda Items (Agenda Item 8)
No requests were made by Board members.
Adjourn (Agenda Item 10)
With no further business before the Board, President Jordan adjourned the regular session of the
Central City Local Government Corporation at 2:21 p.m. on Tuesday, February 5, 2013.
These minutes approved by the Central City Local Government Corporation on the 9th day of
December, 2014.
APPROVED:
Pres ent J gus Jor n
ATTEST:
i
Mary J. K r ecr ry