Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
Cleburne council approves amended development and incentive agreement for Cleburne Station
Summary
After executive-session discussion, council authorized staff to finalize and execute an amended and restated development and incentive agreement with Cleburne Station Investments GP (New Era partners) related to the Cleburne Station project.
Following executive-session consultation with attorneys, the council approved an amended and restated development and incentive agreement between the city and Cleburne Station Investments GP related to the Cleburne Station development.
A council motion directed the city manager to negotiate and execute the agreement in accordance with discussions in executive session. The motion was seconded and carried unanimously. Council did not discuss the agreement's specific economic terms in open session; staff indicated the motion authorized negotiation and execution consistent with the direction provided in executive session.
Council concluded its action items and adjourned after approving the development agreement authorization.
