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HomeMy WebLinkAbout2025-09-30 - Fort Worth Local Development Corporation (FWLDC) - Regular - Minutes CITY OF FORT WORTH, TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY, SEPTEMBER 30, 2025 Present: Vice President Deborah Peoples Trustee Michael D. Crain Trustee Charlie Lauersdorf Trustee Mia Hall Trustee Macy Hill Trustee Chris Nettles Trustee Elizabeth Beck Trustee Jeanette Martinez Absent: President Alan Blaylock Trustee Mattie Parker Trustee Carlos Flores City Staff: Jes McEachern,Assistant City Manager Ori Fernandez, Assistant Economic Development Director Larry Collister, Senior Assistant City Attorney Reginald Zeno, Treasurer Jannette S. Goodall, City Secretary I. Call to Order . With a quorum present Vice President Peoples called the meeting to order for the Board of Directors of the Fort Worth Local Development Corporation at 12:38 p.m. on Tuesday, September 30, 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 August 26,2025 ICI Motion was made by Trustee Hill and seconded by Trustee Beck to approve the August 26, 2025, meeting minutes. The motion passed 6-0. Director Crain was off the dais. President Blaylock and Directors Parker and Flores were absent. III. Briefings and Discussion a. Financial Report for the period of October 2024 through August 2025. Ori Fernandez, Assistant Economic Development Director, provided a summary of the financial report. IV. Action Items a. Consider a Resolution to approve the Fiscal Year 2025-2026 Annual Budget (Ori Fernandez, Economic Development Assistant Director) Ori Fernandez, Economic Development Assistant Director, provided a staff report. CITY OF FORT WORTH,TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY,SEPTEMBER 30,2025 PAGE 2 of 2 Motion was made by Trustee Hill and seconded by Trustee Nettles to approve Resolution No. FWLDC-2025-15, Approving the Fiscal Year 2025-2026 Annual Budget. The motion passed 7- 0. President Blaylock and Directors Parker and Flores were absent. 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 12:44 p.m. on Tuesday, September 30, 2025. These minutes approved by the Fort Worth Local Development Corporation Board of Directors on the 281h day of October, 2025. APPROVED: Alan Blaylock President ATTEST: Prepared and respectfully submitted by: Jannette S. Goodall Corporate Secretary