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Mabank MEDC approves March minutes, reviews activity report and meets in closed session

Mabank Economic Development Corporation Board of Directors · April 14, 2026
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Summary

At its April 14 meeting the MEDC approved the March 10 minutes, reviewed an activity report, convened an executive session under Texas Government Code §551.087 for economic development negotiations, and adjourned at 1:45 PM.

The Mabank Economic Development Corporation approved the minutes of its March 10, 2026 regular session during the April 14 meeting. John Chappell moved to approve the minutes; Tyson Adams seconded and the motion passed unanimously.

The board reviewed an activity report as presented and had no new business. At 12:35 PM the board entered executive session under Texas Government Code Section 551.087(1) and (2) to deliberate economic development negotiations and reconvened at 1:42 PM. With no other business, Tyson Adams moved to adjourn at 1:45 PM; Kelly Blaylock seconded and the motion passed unanimously. The minutes are attested by President Randy Teague and MEDC Secretary Kim McClaskey.

The public minutes do not disclose the content of the closed-session deliberations; the record shows subsequent actions included negotiation authorization with Lakewood Capital and an advertising expenditure for the Friends of Kemp FFA event.