HomeMy WebLinkAboutResolution Fort Worth Local Development Corporation (FWLDC) FWLDC-2025-11RESOLUTION NO. FWLDC-2025-11
FORT WORTH LOCAL DEVELOPMENT CORPORATION
RESOLUTION
OF THE BOARD OF TRUSTEES
Appointing Jesica McEachern and Ori Fernandez as Authorized Signatory Agents
of the Fort Worth Local Development Corporation
WHEREAS, Article 1, Section 1 of the Bylaws of the Fort Worth Local Development
Corporation (the "Corporation") authorizes the Board of Trustees (the "Board") to exercise all of
the powers of the Corporation; and;
WHEREAS, in order to increase administrative efficiency, the Board generally appoints
the Assistant City Manager and certain executive staff in the Economic Development Department
as authorized signatory agents of the Corporation;
WHEREAS, in accordance with Corporation Resolution 2017-09, authorized signatory
agents are authorized to execute documents and make expenditures related to approved budget
items in an amount up to $25,000.000; and
WHEREAS, the Corporation wishes to designate Jesica McEachern and Ori Fernandez as
authorized signatory agents.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF
THE FORT WORTH LOCAL DEVELOPMENT CORPORATION THAT:
1. Jesica McEachern and Ori Fernandez is each hereby appointed as an authorized signatory
agent of the Corporation and, from and after the effective date of this Resolution, each may
sign and execute all bonds, deeds, conveyances, franchises, assignments, mortgages, notes,
contracts, and other obligations in the name of the Corporation;
2. This Resolution shall take effect immediately upon its adoption;
3. The authority granted herein shall expire automatically upon any separation of employment
with the City of Fort Worth, including retirement, by either of the named individuals;
4. The Board by Resolution may, at any time and for any reason, revoke the authority granted
herein; and
5. The Secretary or any Assistant Secretary of the Corporation is hereby authorized and
directed to certify the adoption of this Resolution.
Adopted this April 22, 2025.
RESOLUTION NO. FWLDC-2025-11
PAGE 2
Gyna M. Bivens
President
Attest:
Jannette S. Goodall
Corporate Secretary