HomeMy WebLinkAbout2023/09/12-Minutes-Central City Local Government Corporation (CCLGC)CITY OF FORT WORTH, TEXAS
FORT WORTH CENTRAL CITY LOCAL GOVERNMENT CORPORATION
REGULAR SESSION MINUTES
TUESDAY, SEPTEMBER 12, 2023
Present:
President Carlos Flores
Vice President Chris Nettles
Director Michael D. Crain
Director Charlie Lauersdorf
Director Jared Williams
Director Macy Hill
Director Elizabeth Beck
Director Alan Blaylock
Director Jeanette Martinez
Absent:
Director Mattie Parker
Director Gyna M. Bivens
Cily staff:
Jesica L. McEachern, 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 of the Board Members present, President Flores called the meeting to order for
the Board of Directors of the Fort Worth Central City Local Government Corporation at 1:52
p.m. on Tuesday, September 12, 2023, in the City Council Conference Room, Room 2020 of
the Fort Worth Municipal Building, 200 Texas Street, Fort Worth, Texas.
II. Approval of June 27, 2023, Meeting Minutes
Motion was made by Director Crain and seconded by Director Blaylock to approve the June 27,
2023, meeting minutes. The motion passed on a 9-0 vote. Directors Parker and Bivens absent.
III. Staff Reports
a. Financial Report for the period October 2022 through June 2023
- No discussion occurred on the financial report
b. Update to the sale of the Magnolia Green Garage
- Robert Sturns, Economic Development Director, provided a brief update on the sale
of the garage.
CITY OF FORT WORTH, TEXAS
FORT WORTH CENTRAL CITY LOCAL GOVERNMENT CORPORATION REGULAR SESSION
TUESDAY, SEPTEMBER 12, 2023
PAGE 2 of 2
IV. Discussion and Action Items
a. Consideration and Approval of a Resolution Authorizing the Issuance and Sale of Central
City Local Government Corporation Lease Revenue Bonds, Taxable Series 2023 (Fort
Worth Crescent Garage Project) in an Amount Not to Exceed $30 million; Appointing
Officers to Act as Authorized Representative and Delegating to the Authorized
Representative the Authority to Approval the Final Terms of the Bonds; Establishing
Certain Parameters for the Approval of Such Matters by the Authorized Representative;
and Enacting Other Provisions Relation to the Subject (Alex Laufer, Debt Manager)
Motion was made by Director Lauersdorf and seconded by Director Crain to approve Resolution
No. FWCCLGC-2023-02, Authorizing the Issuance and Sale of Central City Local Government
Corporation Lease Revenue Bonds, Taxable Series 2023 (Fort Worth Crescent Garage Project)
in an Amount Not to Exceed $26 million; Appointing Officers to Act as Authorized
Representative and Delegating to the Authorized Representative the Authority to Approval the
Final Terms of the Bonds; Establishing Certain Parameters for the Approval of Such Matters by
the Authorized Representative; and Enacting Other Provisions Relation to the Subject. The
motion passed on a 9-0 vote. Directors Parker and Bivens absent.
V. Executive Session
There was no Executive Session.
VI. Future Agenda Items
There were no requests for future agenda items.
VII. Adjourn
With no further business before the Board, President Flores adjourned the regular session of the
Central City Local Government Corporation at 2:09 p.m. on Tuesday, September 12, 2023.
These minutes approved by the Central City Local Government Corporation on the 21St day of
May 2023.
P OVED:
ar os Flores
President
ATTEST:
Jannette S. Goodall
Secretary