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HomeMy WebLinkAboutFWLDC-2025-16 - Fort Worth Local Development Corporation (FWLDC) - Resolution RESOLUTION NO. FWLDC-2025-16 FORT WORTH LOCAL DEVELOPMENT CORPORATION RESOLUTION OF THE BOARD OF TRUSTEES Resolution Authorizing the Execution of a Vendor Services Agreement with Schaefer Advertising Co.,Ltd. for the Creation and Development of a Business Recruitment Lead Generation Campaign to be Managed by the Fort Worth Economic Development Partnership in an Amount Up To $500,000. WHEREAS, the Fort Worth Local Development Corporation ("FWLDC") has set aside $500,000 to be used for the creation and development of a business recruitment lead generation campaign for Fort Worth to be managed by the Fort Worth Economic Development Partnership ("EDP"); WHEREAS, Schaefer Advertising Co., Ltd., a Texas limited partnership, and locally owned and operated full-service marketing firm that possesses the skills and resources to create, develop, and implement a successful business recruitment lead generation campaign for Fort Worth; WHEREAS, the FWLDC Board desires to enter into a Vendor Services Agreement with Schaefer Advertising Co., Ltd. for the creation, development, and implementation of business recruitment lead generation campaign for Fort Worth to be managed by the EDP in an amount up to Five Hundred Thousand Dollars and No Cents ($500,000.00). NOW THEREFORE,BE IT RESOLVED THAT: 1. The FWLDC Board authorizes execution of a Vendor Services Agreement in an amount up to Five Hundred Thousand Dollars and No Cents ($500,000.00) with the Schaefer Advertising Co., Ltd. for the creation and development of a business recruitment lead generation campaign to be managed by the EDP. 2. The President of the FWLDC Board is authorized to sign this Resolution on the Board's behalf and execute all necessary agreements reements and related documents in accordance with � this Resolution. 3. That this Resolution shall take effect immediately from and after its passage. RESOLUTION NO.FWLDC-2025-16 PAGE 2 Adopted on October 28, 2025. By: Alan Blaylock President Attest: Jannette S. Goodall J Corporate Secretary