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HomeMy WebLinkAboutResolution Fort Worth Local Development Corporation (FWLDC) FWLDC-2016-11RESOLUTION NO. FWLDC-2016-11 FORT WORTH LOCAL DEVELOPMENT CORPORATION RESOLUTION OF THE BOARD OF TRUSTEES Authorizing Outside Audits of the Corporation's and the Central City Local Government Corporation's Financial Accounts by Weaver and Tidwell, LLP or an Affiliate and Authorizing the Execution of Agreement with Weaver and Tidwell, LLP WHEREAS, the members of the Board of Trustees of the Fort Worth Local Development Corporation, a Texas non-profit corporation (the "Corporation"), duly adopted the budget for fiscal year 2017 on September 20, 2016; and WHEREAS, the Corporation and its assets are deemed to be component units of the City; and WHEREAS, The Corporation and the City wish for an independent auditor to audit the Corporations' financial accounts; WHEREAS, members of the Board of Trustees wish to allow outside audits of the Fort Worth Local Development Corporation's and Central City Local Government Corporation's financial accounts by Weaver and Tidwell, LLP or an affiliate and authorize the execution of any related agreements; and NOW, THEREFORE, BE IT RESOLVED that the Board of Trustees hereby authorize the outside audits for the Fort Worth Local Development Corporation and Central City Local Government Corporation by Weaver and Tidwell, LLP or an affiliate thereof; FURTHER RESOLVED, that the Board of Trustees hereby authorizes Robert Sturns authorized signer of the Corporation to execute on behalf of the Corporation any agreements or other contracts necessary to secure such outside auditing services; 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 20th day of September 2016. Secretary