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HomeMy WebLinkAboutResolution Research and Innovation Local Government Corporation (RILGC) FWRILGC-2023-02RESOLUTION NO. FWRILGC-2023-02 RESEARCH AND INNOVATION LOCAL GOVERNMENT CORPORATION RESOLUTION OF THE BOARD OF DIRECTORS WHEREAS, the Texas State Legislature has authorized the formation of interlocal cooperating contracts between and among governmental entities; WHEREAS, the Research and Innovation Local Government Corporation ("RILGC") and City of Fort Worth selected Aggieland Fort Worth Partners, LLC ("Developer") to develop the parcels on the TAMUS downtown Fort Worth campus that do not include the Law and Education Building ("Research Development"); and WHEREAS, the RILGC and Texas A&M University System ("TAMUS") desire to enter into an interlocal agreement pursuant to Chapter 791 of the Texas Government Code to detail the collaboration between both parties in the development of a concept plan for the Research Development. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE RESEARCH AND INNOVATION LOCAL GOVERNMENT CORPORATION: 1. The RILGC is hereby authorized to enter into an Interlocal Agreement with TAMUS to detail the collaboration between both parties in the development of a concept plan for the Research Development which includes TAMUS transferring one million dollars ($1,000,000) to the RILGC to pay for the concept plan. 2. This Resolution takes effect from the date of its adoption. Adopted this September 26, 2023. By. Elizabeth beck President Attest: Jannette Goodall Corporate Secretary