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Denison council asks city manager to seek terms from Donna Reed Foundation on potential development deal
Summary
Council discussed a potential development agreement with the Donna Reed Foundation and directed City Manager Garcia to request the foundation's terms and conditions for consideration.
The Denison City Council discussed a possible development agreement with the Donna Reed Foundation during its Dec. 3 meeting and directed City Manager Garcia to contact the foundation for their terms and conditions.
During discussion council members asked that Garcia obtain the foundation’s proposed terms and that councilmembers forward any recommendations to Garcia for consideration. The item was a discussion; no motion or vote to enter into an agreement was recorded.
The council did not specify timelines, financial terms or project scope in the meeting record; Garcia will report back with the foundation's terms when available.
