Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development Agreement topic
No spam. Unsubscribe anytime.
Council moves to adopt economic development resolution R26-778 with marketing-plan amendment
Summary
Council considered resolution R26-778 approving an economic development agreement with CNMK Texas Properties LLC; council members amended the motion to incorporate the marketing plan presented to the TIRZ board and the city manager said staff will include that language in the agreement for the mayor's signature.
Council considered resolution R26-778 concerning an economic development agreement with CNMK Texas Properties LLC and discussed marketing-plan language to be incorporated into the final agreement.
A council member moved to adopt resolution R26-778 as recommended by the TIRZ board. During discussion a council member asked that the marketing plan presented earlier be incorporated into the agreement as a condition of incentives; another council member asked that the expectation be crystal clear that the marketing plan be part of the record. The city manager said staff "will include that wording into the agreement and then provide to the mayor for his signature."
On the record, the motion was amended to incorporate the marketing plan and a second was recorded. The transcript reflects the motion, the amendment and staff confirmation but does not include a detailed roll-call vote in the published segments.
