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HomeMy WebLinkAbout2025/06/24-Minutes-Fort Worth Local Development Corporation (FWLDC) (2)CITY OF FORT WORTH, TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY, JUNE 24, 2025 Present: President Alan Blaylock Vice President Deborah Peoples Trustee Mattie Parker Trustee Carlos Flores Trustee Michael D. Crain Trustee Charlie Lauersdorf Trustee Mia Hall Trustee Macy Hill Trustee Chris Nettles Trustee Elizabeth Beck Trustee Jeanette Martinez City Staff: Jes McEachern, Assistant City Manager Ori Fernandez, Assistant Economic Development Director Larry Collister, Senior Assistant City Attorney Reginald Zeno, Treasurer Katherine Cenicola, Assistant City Secretary I. Call to Order With a quorum present Vice President Blaylock called the meeting to order for the Board of Directors of the Fort Worth Local Development Corporation at 4:59 p.m. on Tuesday, June 24, 2025, in the City Council Work Session Room of the Fort Worth City Hall, 100 Fort Worth Trail, Fort Worth, Texas. II. Approval of Minutes for April 22, 2025 The vote to approve the minutes was postponed to a later date. III. Briefings and Discussion a. Financial Report for the period of October 2024 through May 2025. Ori Fernandez, Assistant Economic Development Director, provided a summary of the financial report. IV. Election of President and Vice President Ori Fernandez, Assistant Economic Development Director, provided a brief summary of the election process. Motion was made by Trustee Parker and seconded by Trustee Flores to elect Alan Blaylock as President and Deborah Peoples as Vice President. The motion passed on an 11-0 vote. V. Action Items CITY OF FORT WORTH, TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY, JUNE 24, 2025 PAGE 2 of 2 a. Consideration to authorize a resolution to continue the Fort Worth Main Street Pilot Program for two years — extending and reassigning Polytechnic Heights Main Street to Texas Wesleyan University, continuing support for Historic Northside District with the Fort Worth Hispanic Chamber of Commerce, and amending the contract with Main Street America for a program total for all entities not to exceed $300,000.00. (Ori Fernandez, Economic Development Assistant Director and Martha Collins, Economic Development Manager) Martha Collins, Economic Development Manager, provided a brief report. Motion was made by Trustee Beck and seconded by Trustee Martinez to approve Resolution No. FWLDC-2025-13, to continue the Fort Worth Main Street Pilot Program for two years — extending and reassigning Polytechnic Heights Main Street to Texas Wesleyan University, continuing support for Historic Northside District with the Fort Worth Hispanic Chamber of Commerce, and amending the contract with Main Street America for a program total for all entities not to exceed $300,000.00.. The motion passed on an 11-0 vote. VI. Executive Session There was no Executive Session. VII. Request for Future Agenda Items There were no requests for future agenda items. VIII. Adjourn With no further discussion, President Blaylock adjourned the meeting of the Fort Worth Local Development Corporation Board at 5:06 p.m. on Tuesday, June 24, 2025. These minutes approved by the Fort Worth Local Development Corporation Board of Directors on the 26`h day of August, 2025. APPROVED: Alan Blaylock President ATTEST: Prepared and respectfully submitted by: Jannette S. Goodall Corporate Secretary