Title
1.) Executive Session Item: Discussions regarding deliberations on economic development negotiations pursuant to Chapter 551.087 of the Texas Government Code; deliberations regarding real property pursuant to Chapter 551.072 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 and negotiations concerning real property regarding a Pflugerville Community Development Corporation (PCDC) Lease Agreement with Project BearKat. 2.) Open Session Item: Discuss and consider action regarding a Pflugerville Community Development Corporation (PCDC) Lease agreement with Project BearKat.
Summary
This item has been included on the agenda to allow for discussion and potential action on the Lease Agreement with Project BearKat. The Pflugerville Community Development Corporation approved the Lease Agreement at a meeting on October 9, 2014. The City Council may retire to executive session for discussion on the item. Action, if any, will be taken in open session.
Deadline for City Council Action
There is no deadline for action.
Fiscal Impact
To be determined.
Staff Recommendation
Discuss and take action as appropriate.
Drafter
Floyd Akers
PCDC Executive Director/General Counsel