Title
1.) Executive Session Item: Discussions regarding deliberations on economic development negotiations pursuant to Chapter 551.087 of the Texas Government Code, consultation with legal counsel pursuant to Chapter 551.071 of the Texas Government Code for legal advice concerning economic development negotiations, and deliberations regarding real property pursuant to Chapter 551.072 of the Texas Government Code regarding a Pflugerville Community Development Corporation (PCDC) Performance Agreement, a City of Pflugerville Chapter 380 Economic Development Agreement, a PCDC and City of Pflugerville Drainage Maintenance Agreement, and a PCDC Land Purchase Agreement with Cortec Precision Sheet Metal. 2.) Open Session Item: Discuss and consider action to approve a Pflugerville Community Development Corporation (PCDC) Performance Agreement, a City of Pflugerville Chapter 380 Economic Development Agreement, a PCDC and City of Pflugerville Drainage Maintenance Agreement, and a PCDC Land Purchase Agreement with Cortec Precision Sheet Metal.
Summary
This item has been included on the agenda to allow for discussion and potential action regarding agreements with Cortec Precision Sheet Metal. The City Council is expected to retire to executive session on the item for discussions regarding deliberations on economic development negotiations pursuant to Chapter 551.087 of the Texas Government Code, consultation with legal counsel pursuant to Chapter 551.071 of the Texas Government Code for legal advice concerning economic development negotiations, and deliberations regarding real property pursuant to Chapter 551.072 of the Texas Government Code. Action, if any, will be taken in open session.
Deadline for Action
There is no deadline for action on the item.
Staff Recommendation
Discuss and take action as appropriate.
Drafter
Floyd Akers
PCDC Executive Director