HomeMy WebLinkAbout2024/03/26-Minutes-Fort Worth Local Development Corporation (FWLDC)CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY, MARCH 26, 2024
Present:
President Gyna M. Bivens
Vice President Alan Blaylock
Trustee Mattie Parker
Trustee Carlos Flores
Trustee Michael D. Crain
Trustee Charlie Lauersdorf
Trustee Jared Williams
Trustee Macy Hill
Trustee Chris Nettles
Trustee Elizabeth Beck
Trustee Jeanette Martinez
City Staff:
William Johnson, Assistant City Manager
Robert Sturns, Economic Development Director
J. B. Strong, Senior Assistant City Attorney
Reginald Zeno, Treasurer
Ronald P. Gonzales, Assistant 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 11:09 a.m. on Tuesday,
March 26, 2024, in the City Council Conference Room 2020 of the Fort Worth Municipal
Building, 200 Texas Street, Fort Worth, Texas.
II. Approval of December 12, 2023, Minutes
Motion was made by Trustee Crain and seconded by Trustee Williams to approve the December
12, 2023, meeting minutes. The motion passed on an 11-0 vote.
III. Briefings
a. Financial Report for the period of October 2023 through January 2024.
There were no questions on the Financial Report. It was for informational purposes only.
IV. Action Items
a. Consider a Resolution to allocate up to $250,000.00 for a Small Business Disaster
Recovery Stimulus Program for certain businesses in the vicinity of and impacted by
the Sandman Hotel explosion. (Ori Fernandez, Economic Development Assistant
Director)
CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY, MARCH 26, 2024
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President Bivens requested that staff ensure that payroll records show the employees who were
employed at the businesses for a certain timeframe prior to the explosion and to make sure that
staff is providing appropriate oversight to make sure those employees receiving funds from this
grant will be contacted.
Motion was made by Trustee Martinez and seconded by Trustee Crain to approve Resolution No.
FWLDC-2024-01, allocating up to $250,000.00 for a Small Business Disaster Recovery Stimulus
Program for certain businesses in the vicinity of and impacted by the Sandman Hotel explosion.
The motion passed on a 11-0 vote.
V. Executive Session
There was no Executive Session.
VI. Request for Future Agenda Items
There were no requests for future agenda items.
VII. Adjourn
With no further discussion, President Bivens adjourned the meeting of the Fort Worth Local
Development Corporation Board at 11:21 a.m. on Tuesday, March 26, 2024.
These minutes approved by the Fort Worth Local Development Corporation Board of Directors
on the 21 st day of May, 2024.
APPROVED:
Gyna M. Bivens
President
ATTEST:
Prepared and respectfully submitted by:
Jannette S. Goodall
Corporate Secretary