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File #: 2012-1359    Version: 1 Name:
Type: Agenda Item Status: Approved
File created: 8/14/2012 In control: City Manager Office
On agenda: 8/14/2012 Final action: 8/14/2012
Title: 1.) Executive Session Item: Deliberations regarding 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 regarding a 380 economic development agreement for the construction of the Stone Hill Town Center Roadway Connection project. 2.) Open Session Item: Discuss and consider action to approve a 380 economic development agreement for the construction of the Stone Hill Town Center Roadway Connection project.
Title
1.) Executive Session Item: Deliberations regarding 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 regarding a 380 economic development agreement for the construction of the Stone Hill Town Center Roadway Connection project.  2.) Open Session Item: Discuss and consider action to approve a 380 economic development agreement for the construction of the Stone Hill Town Center Roadway Connection project.
 
Summary
This item has been included on the agenda to allow for discussion and potential action.  The City Council is expected to retire to executive session on the item for deliberations regarding 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.
 
Prior City Council Action
None.
 
Deadline for City Council Action
There is no deadline for action on the item.
 
Fiscal Impact
To be determined.
 
Staff Recommendation
Discuss and take action as appropriate.
 
Drafter
Trey Fletcher
Assistant City Manager