HomeMy WebLinkAbout2024/11/19-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, NOVEMBER 19, 2024
Present:
President Elizabeth Beck
Vice President Michael D. Crain
Director Mattie Parker
Director Carlos Flores
Director Charlie Lauersdorf
Director Jared Williams
Director Macy Hill
Director Chris Nettles
Director Alan Blaylock
Absent:
Director Gyna M. Bivens
Director Jeanette Martinez
Ci1y 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 of the Board Members present, President Beck called the meeting to order for
the Board of Directors of the Fort Worth Research and Imnovation Local Government
Corporation at 1:22 p.m. on Tuesday, November 19, 2024, in the City Council Conference
Room, Room 2020 of the Fort Worth Municipal Building, 200 Texas Street, Fort Worth,
Texas.
II. Approval of October 29, 2024, Minutes
Motion was made by Director Blaylock and seconded by Director Flores, to approve the October
29, 2024, minutes of the Research and Innovation Local Government Corporation. The motion
passed on an 9-0 vote. Directors Bivens and Martinez absent.
III. Briefings
a. Financial Report for the period of October 2023 through October 2024
Mr. Robert Sturns, Economic Development Director, provided a brief summary of the Financial
Report for the period of October 2023 through October 2024.
CITY OF FORT WORTH, TEXAS
FORT WORTH RESEARCH AND INNOVATION GOVERNMENT CORPORATION
TUESDAY, NOVEMBER 19, 2024
PAGE 2 of 2
IV. Action Items
a. Consider a Resolution Rescinding Resolution No. FWRILGC-2024-08 and Designating
J.P. Morgan Chase Bank, N.A. as a Depository of the Research and Innovation Local
Government Corporation, a Texas Nonprofit Corporation, Solely for Bond Proceeds
Related to the Activities and Operations of the Corporation (Ori Fernandez, Economic
Development Assistant Director)
Ori Fernandez, Economic Development Assistant Director, provided a staff report.
Motion was made by Director Flores and seconded by Director Crain, to approve Resolution No.
RILGC-2024-09, Rescinding Resolution No. FWRILGC-2024-08 and Designating J.P. Morgan
Chase Bank, N.A. as a Depository of the Research and Innovation Local Government
Corporation, a Texas Nonprofit Corporation, Solely for Bond Proceeds Related to the Activities
and Operations of the Corporation. The motion passed on an 9-0 vote. Directors Bivens and
Martinez absent.
V. Executive Session
There was no Executive Session convened.
VI. Request for Future Agenda Items
There were no requests for future agenda items.
VII. Adjourn
With no further business before the Board, President Beck adjourned the regular session of the
Research and Innovation Local Government Corporation at 1:24 p.m. on Tuesday, November
19, 2024.
These minutes approved by the Research and Innovation Local Government Corporation on the
111h day of March, 2025.
APPROVED:
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Elizabeth Beck
President
ATTEST:
Jannette S. Goodall
Secretary