HomeMy WebLinkAbout2024/06/25-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, JUNE 25, 2024
Present:
President Elizabeth Beck
Vice President Michael D. Crain
Director Mattie Parker
Director Carlos Flores
Director Charlie Lauersdorf
Director Gyna M. Bivens
Director Jared Williams
Director Macy Hill
Director Chris Nettles
Director Alan Blaylock
Director Jeanette Martinez
Cily 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 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 1:47 p.m. on Tuesday, June 25, 2024, in the City Council Conference Room,
Room 2020 of the Fort Worth Municipal Building, 200 Texas Street, Fort Worth, Texas.
II. Election of Officers
Ms. Ori Fernandez, Economic Development Assistant Director, provided a staff report
recommended that the current Board officers continue to serve for the 2024-2025 term as
follows: President, Elizabeth Beck; Vice President Michael D. Crain; City Secretary,
Secretary; and City Chief Financial Officer, Treasurer.
Motion was made by Trustee Nettles and seconded by Trustee Bivens, that the current Board
officers continue to serve for the 2024-2025 term. The motion passed on a 11-0 vote.
III. Approval of May 21, 2024, Minutes
Motion was made by Director Crain and seconded by Director Martinez to approve the May 21,
2024, Board meeting minutes. The motion passed on an 11-0 vote.
IV. Briefings
a. Financial Report for the period of October 2023 through April 2024
CITY OF FORT WORTH, TEXAS
FORT WORTH RESEARCH AND INNOVATION GOVERNMENT CORPORATION
TUESDAY, JUNE 25, 2024
PAGE 2 of 3
No discussion occurred on the Financial Report. It was for informational purposes only.
V. Action Items
a. Consider a Resolution to Authorize execution of a Second Amendment to Interlocal
Agreement with the Texas A&M University System which will increase the total transfer
amount from $1,665,700 to $1,900,000 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.
Mr. Roger Venables, Aviation System Director, provided a staff report on Agenda Items V a and
b.
Motion was made by Director Crain and seconded by Director Hill, to approve Resolution No.
RILGC-2024-03, Authorizing execution of a Second Amendment to Interlocal Agreement with
the Texas A&M University System which will increase the total transfer amount from
$1,665,700 to $1,900,000 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 11-0 vote.
b. Consideration of a Resolution to Authorize execution of a Third Amendment to Pre -
Development Agreement with AFWP, LLC, to provide for additional scope of services
and increase the total compensation amount from $1,665,700 to $1,900,000 for the Texas
A&M University System Development in downtown For Worth
Motion was made by Director Crain and seconded by Director Bivens, to approve Resolution
No. RILGC-2024-04, Authorizing execution of a Third Amendment to Pre -Development
Agreement with AFWP, LLC, to provide for additional scope of services and increase the total
compensation amount from $1,665,700 to $1,900,000 for the Texas A&M University System
Development in downtown Fort Worth. The motion passed on an 11-0 vote.
VI. Executive Session
There was no Executive Session convened.
VII. Request for Future Agenda Items
There were no requests for future agenda items.
VIII. Adjourn
With no further business before the Board, President Beek adjourned the regular session of the
Research and Innovation Local Government Corporation at 1:50 p.m. on Tuesday, June 25,
2024.
CITY OF FORT WORTH, TEXAS
FORT WORTH RESEARCH AND INNOVATION GOVERNMENT CORPORATION
TUESDAY, JUNE 25, 2024
PAGE 3 of 3
These minutes approved by the Research and Innovation Local Government Corporation on the
29 day of October, 2024.
APPROVED:
Ellzabeth Neck
President
ATTEST:
t4 Jannette S. Goodall
Secretary