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HomeMy WebLinkAboutResolution Fort Worth Local Development Corporation (FWLDC) FWLDC-2017-04RESOLUTION NO. FWLDC-2017-04 FORT WORTH LOCAL DEVELOPMENT CORPORATION RESOLUTION OF THE BOARD OF TRUSTEES Ratification of an Agreement with MV Engineering, Inc., for Construction of Roadway Improvement at 4600 Blue Mound Road WHEREAS, Fort Worth Local Development Corporation ("Corporation") is the owner of real property located at Lot 1, Block 1, Hobbs Trailer Addition of the City of Fort Worth, Tarrant County, Texas, with a street address of 4600 Blue Mound Road ("Property"); WHEREAS, the Corporation approved a resolution on November 15, 2016, authorizing a service agreement with MV Engineering, Inc. for design and project management of a roadway improvement for a portion of the roadway into the Property from Meacham Blvd; WHEREAS, the Corporation entered into an agreement with MV Engineering, Inc. for design and project management, and subsequent to that agreement, MV Engineering, Inc. and Corporation entered into an agreement for MV Engineering, Inc. for the construction of the roadway improvement; and WHEREAS, in order to clarify the intent of the Corporation in the previous resolution, the Corporation desires to ratify the execution of an agreement with MV Engineering, Inc. for the construction of the roadway improvement, in addition to the previously approved agreement for design and project management. NOW, THEREFORE, BE IT RESOLVED that the Corporation hereby ratifies the execution of an agreement with MV Engineering, Inc., for the construction of the roadway improvements. FURTHER RESOLVED, that the Secretary or any Assistant Secretary of the Corporation is hereby authorized and directed to certify the adoption of this Resolution. Adopted this 161h day of May, 2017.