Title
1.) Executive Session Item: Deliberation regarding economic development negotiations pursuant to Section 551.087 of the Texas Government Code related to Project Princess.
Summary
This item is included on the agenda to allow for discussion on its topic. The City Council is expected to retire to executive session on the item for discussion regarding economic development negotiations pursuant to Chapter 551.087 of the Texas Government Code.
Project Princess is an initiative outlined in CEDS 3.0 and continues to support the city’s future growth.
Strategic Plan Pillar Economic and Business
Prior City Council Action
No prior city council action related to this item.
The PCDC Board approved this item on February 25, 2026.
Funding Expected: Revenue __ Expenditure _X_ N/A __
Budgeted Item: Yes __ No X__ N/A __
Budget Source: ___N/A_________
Budgeted Amount: ___N/A_________
Amount: : $250,000
1295 Form Required? Yes __ No _X_
Legal Review Required: N/A _X_ Required __ Date Completed: ___________
Supporting documents attached:
N/A
Recommended Action
Discuss only.