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After executive session, MEDC authorizes president to enter lease

McKinney Economic Development Corporation · June 16, 2026
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Summary

Following an executive session covering attorney consultation, real property and economic development deliberations, the board voted to authorize the president to enter into a lease consistent with the executive-session discussion.

The board recessed into executive session under Texas Government Code Section 551.071 (consultation with attorney), 551.072 (real property) and 551.087 (economic development deliberations). On returning to open session, a motion was made to authorize the board president to enter into a lease consistent with the discussions held in executive session. The motion was moved by Ted Hoesley, seconded by Scott Woodruff, and it passed.

No additional details about the lease terms were read into the public record at the time of the vote; the board recorded the motion and authorized the president to proceed as discussed in executive session.