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EDC holds executive session on FM 1093 properties; returns to open session with no action
Summary
The EDC entered an executive session under the Texas Open Meetings Act to discuss purchase, exchange, lease or value of EDC-owned property at 30603 and 30619 FM 1093 in Fulshear and reconvened without action; staff said legal review is ongoing.
The Fulshear EDC went into an executive session at 06:30 under Section 551.072 of the Texas Open Meetings Act to discuss the purchase, exchange, lease or value of EDC-owned real property and reconvened the regular session at 06:58 with no action announced.
Chair (speaker 1) read the statutory authority on the record and identified the parcels as 30603 FM 1093 and 30619 FM 1093 in Fulshear. Board members asked whether they needed to record any action after the executive session; staff and counsel confirmed that no action is taken in executive session and that any necessary follow-up would be scheduled and brought to the board in open session for decision.
Director (speaker 2) said the city is evaluating contractual and incentive-related matters tied to those properties and will bring the results of that review back to the EDC at a future open meeting for discussion.
