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San Juan EDC authorizes executive-session real-estate actions; directs staff to negotiate Lot 1 sale
Summary
Following a closed executive session under Texas Government Code sections 551.071, 551.087 and 551.074, the San Juan EDC authorized staff to negotiate with an offeror for Lot 1, Block A and empowered the EDC director to proceed with purchase/lease actions discussed in closed session; item on Kate Knox Industries drew no open-session action.
The San Juan Economic Development Corporation on Saturday held a closed executive session citing Texas Government Code sections 551.071 (consultation with attorney), 551.087 (economic development negotiations) and 551.074 (personnel) and subsequently approved multiple real-estate negotiation steps in open session.
After returning from closed session at 5:55 p.m., the board voted to approve the actions discussed in executive session. The Chair stated the approval was "as discussed in executive session." Board minutes recorded motions and seconding members and show the motions carried.
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