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After executive session, council moves to authorize town manager to negotiate development agreement
Summary
Following an executive session on economic development negotiations under a cited statute, the council returned and a motion was made to authorize the town manager to negotiate a development agreement and set incentive policies including a sales‑tax grant and a job plan; the transcript ends before a vote was recorded.
The council adjourned to an executive session at 06:22 under a cited statute identified in the record as Section 551.087 to discuss economic development negotiations. The transcript records the councils' return and a motion by the chair to authorize the town manager to make a development agreement for a project within the town, and to set incentive policies that would include a sales‑tax grant and a job plan.
The available transcript cuts off mid‑motion and does not record discussion about terms, a second, or a vote on the motion. No additional details or specific project names were provided in the available record.
