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Board authorizes termination of Water Street economic development agreements with Remy William Cole LLC
Summary
Following executive session, the Dickinson Management District authorized the board president to execute a mutual termination and release with Remy William Cole LLC that ends existing economic development agreements tied to the Water Street project, the board said by voice vote.
After resuming from executive session, a board member moved to authorize the board president to execute a mutual termination and release agreement with Remy William Cole LLC to terminate existing economic development agreements related to the Water Street project. The motion passed by voice vote.
The motion was made without extended public discussion in open session after the board's executive deliberations. The board did not provide further public detail about the underlying negotiations during open session; counsel had said earlier that the executive session covered consultation with counsel and economic development deliberations under Texas Government Code provisions.
