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After executive session, Fulshear EDC asks staff to bring resolution on Fulshear Central LLC
Summary
Following an executive session under Texas Government Code §551.087, the board directed staff and legal counsel to prepare and return a resolution for consideration regarding economic development negotiations with Fulshear Central LLC at the June meeting.
The Fulshear Development Corporation met in executive session on May 12 under Texas Government Code §551.087 (economic development negotiations) to discuss terms with Fulshear Central LLC. After the closed session the board emerged and directed staff and legal counsel to prepare a resolution for the board’s review at the June meeting.
Board member Mr. Holmes thanked Fulshear Central LLC for continuing to engage in negotiations and asked staff to draft a resolution so the item can be approved. Staff said they will coordinate with the city’s legal counsel and present the resolution and the board’s portion for review at the June meeting. The transcript records the board’s instruction to “bring back a resolution” but does not record a final vote adopting any terms at this May 12 meeting.
This direction follows the executive‑session discussion and is recorded on the public agenda as Item 3.e and Item 3.f (executive session and action on executive session items). Staff indicated the resolution and draft materials will be available in June for board review and then forwarded to the appropriate council process as required.
