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EDC moves BCS Capital negotiation into executive session; returns with no action
Summary
The Cleveland Economic Development Corporation moved an agenda item on negotiations with BCS Capital into executive session and reconvened without taking action.
The Cleveland Economic Development Corporation moved item 13, economic development negotiations with BCS Capital, into executive session and reconvened later the same evening reporting no action.
At the public meeting the board chair invoked the board’s authority under the Texas Government Code to adjourn into executive session for permitted discussions, citing consultation with an attorney and deliberations about real property, gifts and donations, personnel, security devices and economic development (Texas Government Code, chapter 551: sections 551.071, 551.072, 551.073, 551.074, 551.076 and 551.087 were referenced).
The board adjourned into executive session at 6:33 p.m. and returned at 7:03 p.m. The presiding officer announced that no action had been taken in executive session. The public meeting then concluded and the board adjourned.
