City of Pflugerville - File #: 2016-5256

• File #: 2016-5256
• Version: 1
• Type: Agenda Item
• Status: Approved
• File created: 10/11/2016
• In control: City Council
• On agenda: 10/11/2016
• Final action: 10/11/2016
• 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 380 Economic Development Agreement with Terrabrook Falcon Pointe, LLC. 2.) Open Session Item: Discuss and consider action to approve a 380 Economic Development Agreement with Terrabrook Falcon Pointe, LLC.

Date	Ver.	Action By	Action	Result
10/11/2016	1	City Council	Approved	Pass

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 380 Economic Development Agreement with Terrabrook Falcon Pointe, LLC. 2.) Open Session Item: Discuss and consider action to approve a 380 Economic Development Agreement with Terrabrook Falcon Pointe, LLC.

Summary

This item has been included on the regular meeting agenda to allow for discussion and potential action on the item.  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 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

To be determined.

Staff Recommendation

Discuss and take action as appropriate.

Drafter

Trey Fletcher

Assistant City Manager