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HomeMy WebLinkAbout2025/01/14-Minutes-Fort Worth Local Development Corporation (FWLDC)CITY OF FORT WORTH, TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY, JANUARY 14, 2025 Present: President Gyna M. Bivens Vice President Alan Blaylock Trustee Mattie Parker (Arrived at 5:59 p.m.) Trustee Carlos Flores (Virtual) Trustee Michael D. Crain Trustee Charlie Lauersdorf Trustee Jared Williams Trustee Macy Hill Trustee Chris Nettles Trustee Elizabeth Beck Trustee Jeanette Martinez City Staff. William Johnson, Assistant City Manager Robert Sturns, Economic Development Director Larry Collister, Senior Assistant City Attorney Reginald Zeno, Treasurer Ronald P. Gonzales, Assistant City Secretary I. Call to Order With a quorum present President Bivens called the meeting to order for the Board of Directors of the Fort Worth Local Development Corporation at 5:58 p.m. on Tuesday, January 14, 2025, in the City Council Conference Room 2020 of the Fort Worth Municipal Building, 200 Texas Street, Fort Worth, Texas. II. Approval of November 19, 2024, Minutes Motion was made by Trustee Blaylock and seconded by Trustee Nettles to approve the November 19, 2024, meeting minutes. The motion passed on a 10-0 vote; Trustee Parker absent. III. Briefings a. Financial Report for the period of October 2024 through November 2024. There was no discussion on this item; it was for informational purposes. IV. Action Items a. Consideration of a resolution to authorize entering into a grant agreement in the amount of $35,000 with Camp Bowie Inc. for the provision of organizational and other assistance to the Lake Como Neighborhood Advisory Council (Robert Sturns, Economic Development Director) Motion was made by Trustee Crain and seconded by Trustee Williams to approve Resolution No. FWLDC-2025-01, to authorize entering into a grant agreement in the amount of $35,000 with CITY OF FORT WORTH, TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY, JANUARY 14, 2025 PAGE 2 of 2 Camp Bowie Inc. for the provision of organizational and other assistance to the Lake Como Neighborhood Advisory Council. The motion passed on a 10-0 vote. b. Consideration of a resolution allocating $500,000.00 for third -parry vendors promoting the City of Fort Worth for the purposes of business recruitment and expansion and authorizing an agreement with the Fort Worth Economic Development Partnership to manage the promotional strategies and vendors at no cost (Robert Sturns, Economic Development Director) Motion was made by Trustee Crain and seconded by Trustee Williams to approve Resolution No. FWLDC-2025-02, allocating $500,000.00 for third -party vendors promoting the City of Fort Worth for the purposes of business recruitment and expansion and authorizing an agreement with the Fort Worth Economic Development Partnership to manage the promotional strategies and vendors at no cost. The motion passed on a 11-0 vote. V. Executive Session There was no Executive Session. VI. Request for Future Agenda Items There were no requests for future agenda items. VII. Adjourn With no further discussion, President Bivens adjourned the meeting of the Fort Worth Local Development Corporation Board at 6:00 p.m. on Tuesday, January 14, 2025. These minutes approved by the Fort Worth Local Development Corporation Board of Directors on the 25th day of February, 2025. APPROVED: ATTEST: Prepared and respectfully submitted by: Jannette S. Goodall Corporate Secretary