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Mabank EDC agenda cites Texas statute for closed deliberation on economic development negotiations

Mabank Economic Development Corporation · January 13, 2026
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Summary

Agenda item 3 calls for convening into executive session under Texas Government Code § 551.087(1) & (2) for deliberation regarding economic development negotiations; the notice does not disclose subjects or potential motions.

The posted agenda directs the EDC to "Convene into Executive Session pursuant to § 551.087 (1) & (2) of the Texas Government Code." The notice explicitly describes the closed portion as "DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS (CLOSED MEETING)." The notice provides the statutory citation but does not identify which negotiations, parties, or proposals will be discussed.

The agenda lists reconvening into open session and possible motions arising from the executive session as subsequent items. The notice records the legal basis for a closed deliberation but contains no additional details about subjects or expected outcomes; any formal motions are to be made after reconvening into open session if the board so chooses.