Council approves incentives for 'Project Red' after executive session
After an executive session for consultation and economic negotiation, Princeton’s council approved incentives discussed in closed session for a project labeled 'Project Red'. Details were not disclosed in open session beyond the approval motion.
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Council went into executive session under Texas Government Code §551.071 for consultation with counsel related to pending litigation and economic development negotiations identified as Project Red. After returning to open session, a council member moved and council approved incentives for Project Red consistent with the discussion in executive session.
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