Title
1.) Executive Session Item: Consultation with legal counsel pursuant to Chapter 551.071 of the Texas Government Code, deliberations regarding economic development negotiations pursuant to Chapter 551.087 of the Texas Government Code and deliberations regarding real property pursuant to Chapter 551.072 of the Texas Government Code for discussion regarding Project Olympus. 2.) Open Session Item: Discuss and consider action regarding a Pflugerville Community Development Corporation (PCDC) Master Lease Agreement and Real Estate Agreement for the sale of real property with Project Olympus.
Summary
This item has been included on the agenda to allow for discussion and potential action on a PCDC Master Lease Agreement and Real Estate Agreement for the sale of real property with Project Olympus. The City Council is expected to retire to executive session on the item for consultation with legal counsel pursuant to Chapter 551.071 of the Texas Government Code, deliberations regarding economic development negotiations pursuant to Chapter 551.087 of the Texas Government Code and deliberations regarding real property pursuant to Chapter 551.072 of the Texas Government Code for discussion regarding Project Olympus. Action, if any, will be taken in open session.
The PCDC Board approved this item at their meeting on May 29, 2014.
Deadline for Action
There is no deadline for action on the item.
Fiscal Impact
To be determined.
Staff Recommendation
Discuss and take action as appropriate.
Drafter
Floyd Akers
Executive Director