Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
Everman council authorizes acceptance of deed and termination of economic-development agreements with developer
Summary
After an executive session, the Everman City Council authorized the city manager to accept a special warranty deed from a developer and to execute a mutual termination of economic-development agreements between the city and the developer.
Following a closed executive session, the Everman City Council on Oct. 14 authorized the city manager to accept a special warranty deed from a developer and to execute a mutual termination agreement with that developer regarding economic-development agreements.
The motion — made and seconded after council returned from executive session — directed the city manager to accept the deed offered by the developer and to sign the mutual termination related to prior economic-development agreements. The council then voted unanimously to carry out the authorization.
Why it matters: Staff did not provide details in open session about the substantive terms of the deed or the underlying development agreements; the action recorded in open session authorized the city manager to accept transfer of the property interest and to finalize termination documents.
Council action and vote: On reconvening to open session, a council member moved to authorize acceptance of a special warranty deed from Mounier Developer Partners LLC and to execute a mutual termination agreement regarding the city’s economic-development agreements with that developer. The motion was seconded and passed on a roll call with all council places and the mayor voting “Aye.”
Next steps: The city manager will execute the deed acceptance and termination documents; the city will record the deed and any related filings per standard practice. Council did not disclose further negotiation details in open session.
