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File #: 2016-5274    Version: 1 Name:
Type: Agenda Item Status: Discuss and consider action
File created: 10/12/2016 In control: Pflugerville Community Development Corporation (PCDC)
On agenda: 10/17/2016 Final action:
Title: 1.) Executive Session Item: Deliberations regarding legal advice pursuant to Chapter 551.071 of the Texas Government Code to seek legal advice regarding a settlement offer and negotiations with 130 Commerce Center LLC regarding Master Lease. 2.) Open Session Item: Discuss and Consider settlement negotiations with 130 Commerce Center, LLC regarding Master Lease, and advise Staff if necessary.

Title

1.) Executive Session Item: Deliberations regarding legal advice pursuant to Chapter 551.071 of the Texas Government Code to seek legal advice regarding a settlement offer and negotiations with 130 Commerce Center LLC regarding Master Lease. 2.) Open Session Item: Discuss and Consider settlement negotiations with 130 Commerce Center, LLC regarding Master Lease, and advise Staff if necessary.

 

Summary

The item has been included on the agenda to allow for discussion and potential action on the item.  The PCDC Board is expected to retire to executive session for consultation with legal counsel pursuant to Chapter 551.071 of the Texas Government Code.  Action, if any, will be taken in open session.

 

Deadline for Action

N/A

 

Fiscal Impact

To be determined.

 

Staff Recommendation

Discuss and take action as appropriate.

 

Drafter

Amy Madison, Executive Director