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Brownwood council approves Chapter 380 term sheet, ratifies incentive package for Indian Creek Townhomes Phase II
Summary
After executive session the council approved a term sheet for a Chapter 380 agreement and ratified the BMDD action to provide incentives to Trafalgar Homes for the Indian Creek Townhomes Phase II housing development; the motion carried unanimously. Specific incentive terms were not disclosed in open session.
The Brownwood City Council voted on March 24 to approve a term sheet for a Chapter 380 economic‑development agreement and to ratify Brownwood Municipal Development District action providing an incentive package to Trafalgar Homes for Indian Creek Townhomes Phase II.
The item was discussed in executive session under attorney consultation and real‑property deliberation (Government Code Chapter 551 Sections 551.071 and 551.072). After reconvening, Councilmember Walker Willey moved to approve the term sheet and ratify the BMDD action; Melody Nowowiejski seconded and the motion carried unanimously.
The minutes note the council approved the term sheet and ratification as discussed in executive session but do not include details of the incentive in open session. No dollar amounts or performance terms were disclosed in the recorded motion; those details were discussed during executive session and are not part of the public record in these minutes.
Next steps: The council’s approval moves the Chapter 380 term sheet forward for any subsequent steps required by the agreement and authorizes staff to proceed consistent with the approved terms discussed in executive session.
