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HomeMy WebLinkAbout2025-08-26 - Fort Worth Local Development Corporation (FWLDC) - Regular - MinutesCITY OF FORT WORTH, TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY, AUGUST 26, 2025 Present: President Alan Blaylock Vice President Deborah Peoples Trustee Mattie Parker Trustee Carlos Flores Trustee Michael D. Crain (Arrived at 11:34 a.m.) Trustee Charlie Lauersdorf Trustee Mia Hall Trustee Macy Hill Trustee Chris Nettles Trustee Elizabeth Beck Trustee Jeanette Martinez (Arrived at 11:36 a.m.) Citv Staff: Jes McEachern, Assistant City Manager Ori Fernandez, Assistant 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 Blaylock called the meeting to order for the Board of Directors of the Fort Worth Local Development Corporation at 11:27 a.m. on Tuesday, August 26, 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, and June 24, 2025 Motion was made by Trustee Nettles and seconded by Trustee Beck to approve the April 22, 2025, and June 24, 2025, meeting minutes. The motion passed 9-0 vote, Trustees Crain and Martinez absent. III. Briefings and Discussion a. Financial Report for the period of October 2024 through July 2025. Ori Fernandez, Assistant Economic Development Director, provided a summary of the financial report. b. Evans Avenue Corridor Streetscape Plan (Shawn Lassiter, BRAVE/R Together President) Shawn Lassiter, BRAVE/R Together President, provided a briefing on the Evans Avenue Corridor Streetscape Plan. CITY OF FORT WORTH, TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY, AUGUST 26, 2025 PAGE 2 of 2 IV. Action Items a. Consider a Resolution Authorizing the Purchase of certain Tax Foreclosure properties located at 6851 and 6855 East Lancaster Avenue for the purpose of Redevelopment and Revitalization of Historic Handley Urban Village and Revitalization Target Area in an amount not to exceed $69,515.00. (Martha Collins, Economic Development Manager) Martha Collins, Economic Development Manager, provided a staff report. Motion was made by Trustee Peoples and seconded by Trustee Lauersdorf to approve Resolution No. FWLDC-2025-14, Authorizing the Purchase of certain Tax Foreclosure properties located at 6851 and 6855 East Lancaster Avenue for the purpose of Redevelopment and Revitalization of Historic Handley Urban Village and Revitalization Target Area in an amount not to exceed $69,515.00. The motion passed on an 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 Blaylock adjourned the meeting of the Fort Worth Local Development Corporation Board at 12:00 p.m. on Tuesday, August 26, 2025. These minutes approved by the Fort Worth Local Development Corporation Board of Directors on the 30"' day of September 2025. APPROVED: �>. ebo�rc.h. �'oop(asr�a�lo�if President ATTEST: Prepared and respectfully submitted by: Jannette S. Goodall Corporate Secretary