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HomeMy WebLinkAboutResolution Fort Worth Local Development Corporation (FWLDC) FWLDC-2025-01RESOLUTION NO. FWLDC-2025-01 FORT WORTH LOCAL DEVELOPMENT CORPORATION RESOLUTION OF THE BOARD OF TRUSTEES Authorizing Grant Agreement with Camp Bowie District, Inc. in the Amount of $35,000.00 to Provide Organizational and Other Assistance to the Lake Como Neighborhood Advisory Council WHEREAS, Camp Bowie District, Inc. ("CBDI") has previously been engaged to assist the City with oversight of developments that fall within the City's form -based code areas ("CBDI Work"), including the Lake Como area with the Board of Trustees having provided funding for Fiscal Years 2023 and 2024 (Resolution No. FWLDC-2022-16); WHEREAS, in the course of the CBDI Work, CBDI has coordinated with the Lake Como Neighborhood Advisory Council ("LCNAC") for work involving the form -based code within that area; WHEREAS, CBDI and LCNAC wish to continue their cooperative efforts on the CBDI Work related to the Lake Como area and for CBDI to assist LCNAC with its organizational and administrative development to facilitate LCNAC being equipped to move forward independently with respect to the form -based code in its area and consideration of developments thereunder; and WHEREAS, the Local Development Corporation Board agrees that it is a good use of Local Development Corporation dollars to provide $35,000.00 in grant funding to support an agreement between CBDI and LCNAC with these efforts during Fiscal Year 2025. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE FORT WORTH LOCAL DEVELOPMENT CORPORATION THAT: 1. The President of the Local Development Corporation is hereby authorized to execute a grant agreement with Camp Bowie District, Inc. in the amount of thirty-five thousand dollars ($35,000.00) to support a memorandum of understanding and agreement between CBDI and Lake Como Neighborhood Advisory Council to provide administrative and organizational support, including attending monthly meetings with the LCNAC and Economic Development & Design Review Committee (ED&DRC); providing monthly reporting to the LCNAC president; assisting with board and committee charter, development, and reporting structures; hosting (in concert with City staff) at least one (1) public engagement open house; assisting and advising LCNAC in reviewing applications for development filed under the auspices of the form -based code; guiding and aiding LCNAC in submitting comments regarding such applications to the reviewing bodies; and assisting and shepherding LCNAC in its efforts to enhancing its Resolution of the Fort Worth Local Development Corporation Page 1 of 2 organizational and administrative processes in order to be better equipped to act independently in these areas moving forward. 2. This Resolution takes effect from the date of its adoption. Adopted this January 14, 2025. By. Name: Gyna Bivens Title: President Attest: B tJanette'-'S'UGoodafI, Secretary Resolution of the Fort Worth Local Development Corporation Page 2 of 2