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2017_10.02 EDC Minutes - Special) KENNEDALE Kennedale Economic Development Corporation www,c(tyofkennedale.com neclale.cc ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS - REGULAR MEETING MINUTES October 12, 2017 I. CALL TO ORDER President Robert Mundy called the meeting to order at 7:00 p.m. II. ROLL CALL Present: Michael Johnson, Adrienne Kay, Rebecca Carlton, Robert Mundy, Pat Turner, Ronald Whitley, Mark Yeary Absent: None III. EXECUTIVE SESSION President Mundy recessed into executive session at 7:02 p.m. A. The Economic Development Corporation will meet in closed session pursuant to Section 551.072 of the Texas Government Code to deliberate the purchase, lease, or value of real property 1. TownCenter Property IV. RECONVENE INTO OPEN SESSION, AND TAKE ACTION NECESSARY PURSUANT TO EXECUTIVE SESSION, IF NEEDED President Mundy reconvened into open session at 7:55 p.m. Motion To approve the reimbursement agreement at TownCenter for Suite 109, subject to removal of Suite 111 and any additional changes necessary per City Attorney; concurrent to City Council approval. Action Approve, Moved By Robert Mundy, Seconded By Rebecca Carlton. Motion passed Unanimously V. ADJOURNMENT Motion Adjourn. Action Adjourn, Moved By Rebecca Carlton, Seconded By Ronald Whitley. Motion passed Unanimously The meeting was adjourned at 8:01 p.m. ATTEST: De uty City cretary Kathy E, Moore APPROVED: