The Crockett City Council approved a resolution accepting termination of the CEIDC and authorizing the city to take custody of the corporation's assets and manage remaining obligations, directing staff to prepare and execute documents necessary to wind up the CEIDC in accordance with state law.

Council members referenced a previous meeting where a resolution (RO225) had been approved by the CEIDC to terminate the corporation and transfer assets; the reciprocal city resolution to accept those assets had not passed at that earlier meeting. City staff told the council that because the CEIDC had already acted to terminate, the lack of a city acceptance placed current contracts and payment obligations at risk, prompting the special-call meeting.

At least one council member said they were disturbed by the way the matter had reached the current state and asked for fuller information in the future; that member said they wanted complete information so the council could make sound decisions. Another council member said they agreed with winding up the corporation as the community previously chose that action.

A motion to approve the city resolution to accept the CEIDC termination and to authorize an interlocal agreement and all documents necessary to accomplish the wind-up and dissolution under state law was moved, seconded and approved by voice vote.

Staff and council did not read verbatim legal citations beyond referencing the need to comply with state law; the council did cite the previously approved CEIDC resolution number RO225.