Pflugerville Banner
File #: RES-0269    Version: 1 Name:
Type: Resolution Status: Passed
File created: 10/13/2015 In control: City Council
On agenda: 10/13/2015 Final action: 10/13/2015
Title: 1.) Executive Session Item: Discussions regarding deliberations on 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 for legal advice concerning economic development negotiations regarding a Pflugerville Community Development Corporation (PCDC) performance agreement with Medway Plastics Corporation. 2.) Open Session Item: Discuss and consider action to approve a resolution authorizing a PCDC performance agreement with Medway Plastics Corporation.
Attachments: 1. Resolution for Approval of Five Points - Medway EDPA Agreement 2015 0930, 2. Five Points Executed Performance Agreement

Title

1.) Executive Session Item: Discussions regarding deliberations on 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 for legal advice concerning economic development negotiations regarding a Pflugerville Community Development Corporation (PCDC) performance agreement with Medway Plastics Corporation.  2.) Open Session Item: Discuss and consider action to approve a resolution authorizing a PCDC performance agreement with Medway Plastics Corporation.

 

Summary

This item has been included on the regular meeting agenda to allow for City Council discussion in executive session regarding economic development negotiations pursuant to Chapter 551.087 of the Texas Government Code and legal counsel pursuant to Chapter 551.071 of the Texas Government Code.  Action, if any, will be taken in open session.

 

Deadline for City Council Action

N/A

 

Fiscal Impact

N/A

 

Staff Recommendation

Discuss and take action as appropriate.

 

Drafter

George Hyde

City Attorney