HomeMy WebLinkAboutResolution Research and Innovation Local Government Corporation (RILGC) FWRILGC-2024-04RESOLUTION NO. FWRILGC-2024-ON
RESEARCH AND INNOVATION LOCAL GOVERNMENT CORPORATION
RESOLUTION
OF THE BOARD OF DIRECTORS
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");
WHEREAS, the RILGC and Developer entered into a Predevelopment Agreement
("Agreement") for the Research Development; and
WHEREAS, the RILGC and Developer now desire to add to the scope of services to the
Agreement and increase the total compensation to Developer.
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 amendment to the Agreement to
add certain work to the scope of services and increase the total compensation amount to One
Million, Nine Hundred Thousand and 00/100 Dollars ($1,900,000.00).
2. This Resolution takes effect from the date of its adoption.
Adopted this June 25, 2024.
By:
Elizabeth Beck
President
Attest:
Jannette S. Goodall
Corporate Secretary