HomeMy WebLinkAbout2013/07/23-Minutes-Fort Worth Local Development Corporation (FWLDC)CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY, JULY 23, 2013
Present:
Vice President Danny Scarth (Arrived at 8:28 a.m.)
Treasurer W. B. "Zim" Zimmerman
Trustee Betsy Price
Trustee Salvador Espino
Trustee Gyna Bivens
Trustee Jungus Jordan
Trustee Dennis Shingleton
Trustee Kelly Allen Gray (Arrived at 8:28 a.m.)
Trustee Joel Burns
Cit__ sta
Fernando Costa, Assistant City Manager
Peter Vaky, Deputy City Attorney
Mary J. Kayser, City Secretary
Cynthia Garcia, Administrator
1. Call to Order.
With a quorum present and in the absence of Vice President Scarth, Trustee Price called the
meeting to order for the Board of Directors of the Fort Worth Local Development Corporation
(Corporation) at 8:26 a.m. on Tuesday, July 23, 2013, in the Pre -Council Chamber of the Fort
Worth Municipal Building, 1000 Throckmorton Street, Fort Worth, Texas, with Vice Present
Scarth and Trustee Allen Gray temporarily absent.
MOTION: Upon a motion made by Trustee Price and seconded by Trustee Espino, the Board
of Directors voted unanimously 7 ayes and 0 nays, with Vice President Scarth and
Trust Allen Gray temporarily absent, to allow Treasurer Zimmerman to preside at
the meeting in the absence of Vice President Scarth. The motion carried.
2. Approval of Minutes of the June 4, 2013, Meeting.
Treasurer Zimmerman opened the floor for a motion on the approval of the minutes of the
Tuesday, June 4, 2013, meeting.
MOTION: Upon a motion made by Trustee Shingleton and seconded by Trustee Espino, the
Board of Directors voted unanimously 7 ayes and 0 nays, with Vice President
Scarth and Trust Allen Gray temporarily absent, to approve the
June 4, 2013, minutes of the Corporation as presented. The motion carried.
CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY, JULY 23, 2013
PAGE 2
3a. Written Reports: Fort Worth Local Development Corporation Financial Report
through June 30, 2013.
Treasurer Zimmerman referenced the Financial Report through June 30, 2013, and opened the
floor for discussion on the report. There was no action or discussion on this item.
(Vice President Scarth and Trustee Allen Gray assumed their places at the table.)
4. Election of Officers:
Ms. Cynthia Garcia, Administrator, advised that the election of officers to the Fort Worth Local
Development Corporation Board was required at this time.
MOTION: Upon a motion made by Trustee Jordan and seconded by Trustee Espino, the
Board voted unanimously 9 ayes and 0 nays, to elect Danny Scarth as President;
Gyna Bivens as Vice President; Dennis Shingleton as Secretary; the City
Secretary and Assistant City Secretary as Assistant Secretary to the Board; W.B.
"Zim" Zimmerman as Treasurer; and the City Treasurer as Assistant Treasurer to
the Fort Worth Local Development Corporation Board. The motion carried.
5. Executive Session — President Scarth stated that he had been advised that an Executive
Session was not necessary to discuss the following items:
A. Seek the advice of its attorneys concerning the following items that are exempt from
public disclosure under Article X, Section 9, of the Texas State Bar Rules, as
authorized by Section 551.071 of the Texas Government Code: (i) legal issues
concerning any current agenda item; and
B. Discuss the purchase, sale, lease or value of real property, as authorized by Section
551.072 of the Texas Government Code. Deliberation in an open meeting would
have a detrimental effect on the position of the Corporation in negotiations with a
third party; and
C. Discuss or deliberate negotiations related to any economic development negotiations,
as authorized by Section 551.087 of the Texas Government Code.
6. Requests for Future Agenda Items.
President Scarth opened the floor on requests for future agenda items. No requests were made
by Board members.
7. Adjourn.
With no further discussion, President Scarth adjourned the meeting of the Fort Worth Local
Development Corporation Board at 8:29 a.m. on Tuesday, July 23, 2013.
CITY OF FORT WORTH, TEXAS
FORT WORTH LOCAL DEVELOPMENT CORPORATION
TUESDAY, JULY 23, 2013
PAGE 3
These minutes approved by the D
Directors on the 6th day of August, 2013.
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