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HomeMy WebLinkAbout2025-10-28 - Fort Worth Local Development Corporation (FWLDC) - Regular - MinutesCITY OF FORT WORTH, TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY, OCTOBER 28, 2025 Present: President Alan Blaylock Vice President Deborah Peoples Trustee Mattie Parker Trustee Carlos E. Flores Trustee Michael D. Crain Trustee Charlie Lauersdorf Trustee Macy Hill Trustee Chris Nettles Trustee Elizabeth M. Beck Trustee Jeanette Martinez Absent: Trustee Dr. Mia Hall 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 President Blaylock called the meeting to order for the Board of Directors of the Fort Worth Local Development Corporation at 10:43 a.m. on Tuesday, October 28, 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 September 30, 2025 Motion was made by Trustee Beck and seconded by Trustee Flores to approve the September 30, 2025, meeting minutes. The motion passed 10-0. Trustee Hall was absent. CITY OF FORT WORTH, TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY, OCTOBER 28, 2025 PAGE 2 of 3 III. Briefings and Discussion a. Financial Report for the period of October 2024 through September 2025. Ori Fernandez, Assistant Economic Development Director, provided a summary of the financial report. b. Written Update on Evans Rosedale Project There were no questions on the Written Update on Evans Rosedale Project. IV. Action Items a. Consider a 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 in an Amount Up to $500,000 to be managed by the Fort Worth Economic Development Partnership (Ori Fernandez, Economic Development Assistant Director) Ori Fernandez, Economic Development Assistant Director, provided a staff report. Motion was made by Trustee Crain and seconded by Trustee Hill, to approve Resolution No. FWLDC-2025-16, 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 in an Amount Up to $500,000 to be managed by the Fort Worth Economic Development Partnership. The motion passed 10-0. Trustee Hall was absent, b. Resolution Appointing Jessica Rogers as Authorized Signatory Agent of the Corporation (Ori Fernandez, Assistant Economic Development Director) Motion was made by Trustee Crain and seconded by Trustee Martinez, to approve Resolution No. FWLDC-2025-17, Appointing Jessica Rogers as CITY OF FORT WORTH, TEXAS FORT WORTH LOCAL DEVELOPMENT CORPORATION TUESDAY, OCTOBER 28, 2025 PAGE 3 of 3 Authorized Signatory Agent of the Corporation. The motion passed 10-0. Trustee Hall was 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 10:46 a.m. on Tuesday, October 28, 2025. These minutes approved by the Fort Worth Local Development Corporation Board of Directors on the 23 day of June 2026. APPROVED: r President ATTEST: Prepared and respectfully submitted by: Jannette S. Goodall Corporate Secretary