Kennedale’s Economic Development Corporation heard a finance update, approved its consent agenda and moved into an executive session to discuss potential real-property and economic-development negotiations, the board said at its regular November meeting.

John, finance staff, told the board that October sales-tax receipts are not yet posted — “we're really not gonna see October's numbers until December” — explaining that sales-tax figures typically lag by two months. He said rental fees account for about 8% of the EDC’s budget and that the EDC’s operations expenditures stood at about 21.5% after the corporation made the final FY2026 payment on a Texas Leverage Fund loan and paid insurance in full in October. John added that town-center expenditures were “a little bit under pace” and that the EDC had “340 days of fund balance remaining.” He directed board members to the written finance report for exact total-expenditure figures.

The board approved the consent agenda after a brief clarification about attendance and a missing email address that had kept one person from receiving the packet; Speaker 4 moved to approve the consent agenda and the motion was seconded. Tyson was noted as absent for a personal matter. The transcript does not record individual roll-call votes or tallies for the consent vote.

Speaker 4 moved, and the board approved, a motion to convene an executive session. The president read the statutory reasons: consultation with counsel on legal matters (Texas Government Code §551.071), deliberation regarding the purchase, exchange or lease value of real property (Texas Government Code §551.072), and deliberation regarding economic-development negotiations (Texas Government Code §551.087). After the closed session the board reconvened and the president stated there was “nothing to report” and no subsequent motion resulting from the executive session.

The meeting concluded with a motion to adjourn. The transcript does not show additional votes, dollar amounts beyond the budget percentages mentioned, or a public description of items discussed in executive session.