HomeMy WebLinkAbout2023/03/21-Minutes-Fort Worth Local Development Corporation (FWLDC)CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY, MARCH 21, 2023
Present:
President Gyna M. Bivens
Vice President Alan Blaylock
Trustee Mattie Parker (Arrived at 12:03 p.m.)
Trustee Carlos Flores
Trustee Michael D. Crain (Arrived at 12:03 p.m.)
Trustee Jared Williams
Trustee Leonard Firestone
Trustee Elizabeth Beck
Absent:
Trustee Chris Nettles
City Staff:
William Johnson, Assistant City Manager
Robert Sturns, Economic Development Director
J. B. Strong, Senior Assistant City Attorney
Reginald Zeno, Treasurer (Absent)
Jannette S. Goodall, 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 at 12:00 p.m. on Tuesday,
March 21, 2023, in the City Council Conference Room 2020 of the Fort Worth Municipal
Building, 200 Texas Street, Fort Worth, Texas.
II. ACTION ITEMS
a. Approval of Minutes of regular meeting on February 28, 2023.
Motion was made by Trustee Beck and seconded by Trustees Firestone to approve the February
28, 2023, meeting minutes. The motion passed 6-0. Trustees Parker and Crain were off the dais.
Trustee Nettles was absent.
b. Consideration of a resolution to enter into a two-year agreement with The DallasEC for the
purpose of providing operational funding in the total amount of $500,000 over a two-year
term (Robert Sturns, Director)
Presentation was made by Robert Sturns, Economic Development Director and Trey Bowls,
Managing Director, Techstars Physical Health Fort Worth.
Trustee Crain left at 12:30 p.m.
Motion was made by Trustee Beck and seconded by Trustee Firestone to approve Resolution No.
FWLDC-2023-01, to enter into a two-year agreement with the Entrepreneurship Center for the
purpose of providing operational funding in the total amount of $500,000 over a two-year term.
The motion passed 7-0. Trustee Crain was off the dais. Trustee Nettles was absent.
CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY, MARCH 21, 2023
PAGE 2 of 2
III. WRITTEN REPORTS
Financial Report for the period of October 2022 through January 2023
There were no questions on the Financial Report.
IV. EXECUTIVE SESSION
There was no Executive Session.
V. FUTURE AGENDA ITEMS
a. Request for Future Agenda Items
There were no future agenda items identified.
VI. ADJOURN
With no further discussion, President Bivens adjourned the meeting of the Fort Worth Local
Development Corporation Board at 12:45 p.m. on Tuesday, March 21, 2023.
These minutes approved by the Fort Worth Local Development Corporation Board of Directors
on the 251" day of April, 2023.
APPROVED:
Gyna M. Bivens
President
ATTEST:
Prepared and respectfully submitted by:
Jannette S. Goodall
Corporate Secretary