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File #: 2015-4410    Version: 1 Name:
Type: Agenda Item Status: Approved
File created: 11/10/2015 In control: City Council
On agenda: 11/10/2015 Final action: 11/10/2015
Title: 1.) Executive Session Item: Discussions regarding deliberations on economic development negotiations pursuant to Chapter 551.087 of the Texas Government Code and consultation with legal counsel pursuant to Chapter 551.071 of the Texas Government Code for legal advice concerning economic development negotiations regarding assignment of a 380 economic development agreement with SRH Hospitality Pflugerville Investments, LLC, f/k/a Village Pflugerville Holdings, LLC. (Project Morpheus). 2.) Open Session Item: Discuss and consider action to approve assignment of a 380 economic development agreement with SRH Hospitality Pflugerville Investments, LLC, f/k/a Village Pflugerville Holdings, LLC. (Project Morpheus).
Attachments: 1. DM-#4935321-v3-Assignment_of_Development_Agreement_--_Pflugerville

Title

1.) Executive Session Item: Discussions regarding deliberations on economic development negotiations pursuant to Chapter 551.087 of the Texas Government Code and consultation with legal counsel pursuant to Chapter 551.071 of the Texas Government Code for legal advice concerning economic development negotiations regarding assignment of a 380 economic development agreement with SRH Hospitality Pflugerville Investments, LLC, f/k/a Village Pflugerville Holdings, LLC. (Project Morpheus). 2.) Open Session Item: Discuss and consider action to approve assignment of a 380 economic development agreement with SRH Hospitality Pflugerville Investments, LLC, f/k/a Village Pflugerville Holdings, LLC. (Project Morpheus).

 

Summary

This item has been included on the regular meeting agenda to allow for discussion and potential action.  City Council discussion may take place in executive session regarding economic development negotiations pursuant to Chapter 551.087 of the Texas Government Code and legal counsel pursuant to Chapter 551.071 of the Texas Government Code.  Action, if any, will be taken in open session.

 

Deadline for City Council Action

N/A

 

Fiscal Impact

N/A

 

Staff Recommendation

Discuss and take action as appropriate.

 

Drafter

George Hyde

City Attorney