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Board holds executive session on potential economic development incentives; no action reported
Summary
The board entered executive session under Texas Government Code §551.087 to deliberate commercial/financial information for prospective projects (PGA and Soha referenced). The board reconvened and reported no action taken.
The DeSoto Development Corporation closed its public meeting at 6:34 p.m. to enter executive session "pursuant to the Texas government code, section 551.087" for economic development deliberations involving confidential commercial or financial information related to prospective business projects. The chair listed project names that the board would discuss, including references to projects labeled PGA and Soha.
The board reconvened its public meeting at 6:52 p.m. and the chair stated there was "no action to be taken as a result of the executive session." The transcript shows the executive session was convened for confidential bargaining and incentive consideration; no motions or votes resulted from the closed session.
