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File #: RES-0355    Version: Name:
Type: Resolution Status: Discuss and consider action
File created: 9/13/2016 In control: City Manager Office
On agenda: 9/27/2016 Final action: 9/27/2016
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 and deliberation regarding real property pursuant to Chapter 551.072 of the Texas Government Code regarding the purchase, exchange, lease, transfer and/or sale of real property related to Project Hastur and any and all agreements concerning the project. 2.) Open Session Item: Discuss and consider action on a Resolution directing the City Attorney to prepare an economic development agreement for Project Hastur to include certain terms to incentivize and promote the commercial economic development on property located within City of Pflugerville Reinvestment Zone Number One (Falcon Pointe TIRZ) boundaries and authorizing the City Manager to execute the agreement, subject to the approval of the agreement as to form by the City Attorney.

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 and deliberation regarding real property pursuant to Chapter 551.072 of the Texas Government Code regarding the purchase, exchange, lease, transfer and/or sale of real property related to Project Hastur and any and all agreements concerning the project. 2.) Open Session Item: Discuss and consider action on a Resolution directing the City Attorney to prepare an economic development agreement for Project Hastur to include certain terms to incentivize and promote the commercial economic development on property located within City of Pflugerville Reinvestment Zone Number One (Falcon Pointe TIRZ) boundaries and authorizing the City Manager to execute the agreement, subject to the approval of the agreement as to form by the City Attorney.

 

Summary

This item has been included on the regular meeting agenda to allow for discussion and possible action.  The City Council is expected to retire to executive session for discussion regarding economic development negotiations pursuant to Chapter 551.087 of the Texas Government Code, legal counsel pursuant to Chapter 551.071 of the Texas Government Code, and deliberation regarding real property pursuant to Chapter 551.072 of the Texas Government Code.  Action, if any, will be taken in open session.

 

Deadline for City Council Action

N/A

 

Fiscal Impact

To be determined.

 

Staff Recommendation

Discuss and take action as appropriate.

 

Drafter

Brandon Wade

City Manager