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HomeMy WebLinkAbout2024/05/21-Minutes-Research and Innovation Local Government Corporation (RILGC)CITY OF FORT WORTH, TEXAS FORT WORTH RESEARCH AND INNOVATION LOCAL GOVERNMENT CORPORATION REGULAR SESSION MINUTES TUESDAY, MAY 21, 2024 Present: President Elizabeth Beck Vice President Michael D. Crain Director Mattie Parker Director Carlos Flores Director Charlie Lauersdorf Director Jared Williams Director Macy Hill Director Chris Nettles Director Alan Blaylock Director Jeanette Martinez Absent: Director Gyna M. Bivens C& staff: William Johnson, Assistant City Manager Robert Stums, Economic Development Director J.B. Strong, Senior Assistant City Attorney Reginald Zeno, Treasurer Jannette S. Goodall, City Secretary I. Call to Order With a quorum of the Board Members present, President Beck called the meeting to order for the Board of Directors of the Fort Worth Research and Innovation Local Government Corporation at 1:34 p.m. on Tuesday, May 21, 2024, in the City Council Conference Room, Room 2020 of the Fort Worth Municipal Building, 200 Texas Street, Fort Worth, Texas. II. Approval of November 28, 2023, Minutes Motion was made by Director Hill and seconded by Director Martinez to approve the November 28, 2023, Board meeting minutes. The motion passed on an 10-0 vote. Director Bivens was absent. III. Briefings a. Financial Report for the period of October 2023 through March 2024 - No discussion occurred on the Financial Report for the period October 2023 through March 2024 CITY OF FORT WORTH, TEXAS FORT WORTH RESEARCH AND INNOVATION GOVERNMENT CORPORATION REGULAR SESSION TUESDAY, MAY 21, 2024 PAGE 2 of IV. Action Items a. Consider a Resolution to Authorize execution of First Amendment to Interlocal Agreement with Texas A&M University System which will increase the total transfer amount from $1,000,000 to $1,665,700 from the Texas A&M University System to the Research and Innovation Local Government Corporation (RILGC) which will be used to conduct additional pre -development activities associated with the RILGC related portion of the Texas A&M University System in downtown Fort Worth (Roger M. Venables, Aviation Director) Roger Venables, Aviation Director, provided a staff report. Motion was made by Director Crain and seconded by Director Lauersdorf to approve Resolution No. RILGC-2024-01, Authorizing execution of First Amendment to Interlocal Agreement with Texas A&M University System which will increase the total transfer amount from $1,000,000 to $1,665,700 from the Texas A&M University System to the Research and Innovation Local Government Corporation (RILGC) which will be used to conduct additional pre -development activities associated with the RILGC related portion of the Texas A&M University System in downtown Fort Worth. The motion passed on an 10-0 vote. Director Bivens was absent. b. Consideration of a Resolution to Authorize execution of Second Amendment to Pre - Development Agreement with AFWP, LLC, to provide for additional scope of services and increase the total compensation amount from $1,000,000 to $1,665,700 for the Texas A&M University System Development in downtown Fort Worth (Roger Venables, Aviation Director) Roger Venables, Aviation Director, provided a staff report. Motion was made by Director Crain and seconded by Director Flores, to approve Resolution No. RILGC-2024-02, Authorizing execution of Second Amendment to Pre -Development Agreement with AFWP, LLC, to provide for additional scope of services and increase the total compensation amount from $1,000,000 to $1,665,700 for the Texas A&M University System Development in downtown Fort Worth. The motion passed on an 10-0 vote. Director Bivens was absent. V. Executive Session There was no Executive Session convened. VI. Request for Future Agenda Items There were no requests for future agenda items. CITY OF FORT WORTH, TEXAS FORT WORTH RESEARCH AND INNOVATION GOVERNMENT CORPORATION REGULAR SESSION TUESDAY, MAY 21, 2024 PAGE 3 of 3 VII. Adjourn With no further business before the Board, President Beck adjourned the regular session of the Research and Innovation Local Government Corporation at 1:40 p.m. on Tuesday, May 21, 2024. These minutes approved by the Research and Innovation Local Government Corporation on the 251h day of June 2024. PPP Elizabeth ePresident ATTEST: Jannette S. Goodall Secretary