HomeMy WebLinkAbout2024/10/29-Minutes-Fort Worth Local Development Corporation (FWLDC)CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY, OCTOBER 29, 2024
Present:
Vice President Alan Blaylock
Trustee Mattie Parker
Trustee Carlos Flores
Trustee Michael D. Crain
Trustee Charlie Lauersdorf
Trustee Jared Williams
Trustee Macy Hill
Trustee Chris Nettles
Trustee Jeanette Martinez
Absent:
President Gyna M. Bivens
Trustee Elizabeth Beck
City Staff:
William Johnson, Assistant City Manager
Robert Sturns, Economic Development Director
Matthew Murray, Senior Assistant City Attorney
Reginald Zeno, Treasurer
Katherine Cenicola, Assistant City Secretary
I. Call to Order
With a quorum present Vice Present Blaylock called the meeting to order for the Board of Directors
of the Fort Worth Local Development Corporation at 11:04 a.m. on Tuesday,
October 29, 2024, in the City Council Conference Room 2020 of the Fort Worth Municipal
Building, 200 Texas Street, Fort Worth, Texas.
II. Approval of September 24, 2024, Minutes
Motion was made by Trustee Hill and seconded by Trustee Crain to approve the September 24,
2024, meeting minutes. The motion passed on a 9-0 vote. President Bivens and Trustee Beck
absent.
III. Briefings
a. Financial Report for the period of October 2023 through September 2024.
There were no questions on the Financial Report for the period October 2023 through September
2024. It was for informational purposes only.
b. Update on the Main St. Program (Lindsay Mesa, Economic Development
Coordinator; Dionne Baux, Main Street America; Stacy Marshall, Southeast Fort
Worth Inc.; Dee O'Lara, Fort Worth Hispanic Chamber of Commerce)
CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY, OCTOBER 29, 2024
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Lindsay Mesa, Economic Development Coordinator; Martha Collins, Economic Development
Manager; Dionne Baux, Main Street America; Stacy Marshall, Southeast Fort Worth Inc.; Dee
O'Lara, Fort Worth Hispanic Chamber of Commerce provided an update on the Main St. Program.
IV. Action Items
a. Consider a Resolution for Terminating Current Managers and Appointing New
Managers for Lancaster Corridor Redevelopment, LLC as a Subsidiary of the Fort
Worth Local Development Corporation (Ori Fernandez, Economic Development
Assistant Director)
Ori Fernandez, Economic Development Assistant Director, provided a staff report.
Motion was made by Trustee Lauersdorf and seconded by Trustee Crain to approve Resolution
No. FWLDC-2024-08, Terminating Current Managers and Appointing New Managers for
Lancaster Corridor Redevelopment, LLC as a Subsidiary of the Fort Worth Local Development
Corporation. The motion passed on a 9-0 vote. President Bivens and Trustee Beck absent.
V. Executive Session
There was no Executive Session.
VI. Request for Future Agenda Items
Trustee Parker requested another Main St. Program update during the first quarter of 2025 and to
discuss other Main St. corridors around the city, to include in the future.
VII. Adjourn
With no further discussion, Vice President Blaylock adjourned the meeting of the Fort Worth Local
Development Corporation Board at 11:43 a.m. on Tuesday, October 29, 2024.
These minutes approved by the Fort Worth Local Development Corporation Board of Directors
on the 19th day of November, 2024.
APPROVED:
Gyna M. Bivens
President
CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY, OCTOBER 29, 2024
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ATTEST:
Prepared and respectfully submitted by:
Jannette S. Goodall
Corporate Secretary