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HomeMy WebLinkAbout04/01/04 EDC MINUTES THE COLONY ECONOMIC DEVELOPMENT CORPORATION SPECIAL BOARD MEETING CITY HALL APRIL 1, 2004 The Special Session of The Colony Economic Development Corporation of the City of The Colony, Texas, was called to order at 7:13 p.m. on the 1 st day of April 2004, at City Hall with the following roll call: Present: President Bob Norris Vice President A1 Garcia Member Bo Trosper Absent: Treasurer Kevin Greene Secretary Rick White And with three voting members present, a quorum was established and the following item was addressed: Item 4.1. EXECUTIVE SESSION as authorized by section 551.086 of the Local Government Code regarding Economic Development, to-wit: A. To deliberate the offer of a financial or other incentive to a business prospect. President Norris adjourned for the executive session at 7:14 p.m. Item 4.2. Consideration of appropriate action to be taken as a result of executive session: President Norris reconvened the meeting at 7:50 p.m. A1 Garcia moved that the EDC endorse the incentive package as presented in correspondence dated March 25, 2004 for the Austin Ranch project. Bo Trosper seconded the motion and the motion carried with Bob Norris and A1 Garcia voting aye and Bo Trosper abstaining. President Norris adjourned the meeting at 7:52 p.m. Cindi Lane rRobert E. Norris Economic Development Specialist President