HomeMy WebLinkAbout02/17/2011 City Council
February 17, 201 1 Special Session
CITY OF THE COLONY, TEXAS
MINUTES OF THE JOINT SPECIAL SESSION
HELD ON FEBRUARY 17, 2011
The JOINT SPECIAL SESSION of the ECONOMIC DEVELOPMENT CORPORATION, the
COMMUNITY DEVELOPMENT COPORATION, and the CITY COUNCIL of the City of The
Colony, Texas, was called to order at 6:35 p.m. on the 17th day of February 2011, at THE
TRIBUTE, 2"" FLOOR, ARGILE ROOM, 1000 LEBANON ROAD, The Colony, Texas, with
the following roll call:
Joe McCourry Mayor Present
Allen Harris Councilmember Present (arrived 6:37 p.m.)
Richard Boyer Councilmember Present
Jeff Connelly Mayor Pro-Tem Present
Kirk Mikulec Councilmember Absent
Perry Schrag Councilmember Present
Joel Marks Councilmember Present
David Peerson Economic Development Present
David Smith Economic Development Absent
Torn Tvardzik Economic Development Present
Ferri Omonije Economic Development Present
Kevin Braby Economic Development Present
Steve Sohn Community Development Present
Kathy Braby Community Development Present
Lisa Leary Community Development Present
Daniel Mahle Community Development Present
TeRon Lawrence Community Development Present
Don Beckel Community Development Present
And with a quorum established for each governing body the following items were addressed:
1. Call to Order (EDC, CDC, City Council)
2. The Economic Development Corporation, the Community Development Corporation,
and the City Council shall convene into closed executive joint session pursuant to
Section 551.087 of the Texas Government Code to deliberate the offer of a financial or
other incentive to a business prospect.
Executive session was convened at 6:36 p.m.
1
February 17, 2011 Special Session
Reconvened to Open Session 6:45 p.m.
1. Economic Development Corporation: Any action as a result of Executive Session
regarding the offer of a financial or other incentive to a business prospect.
Motion to approve the Performance Agreement by and between The Colony Economic Development
Corporation and Cooperative Sourcing, LLC, as presented- Tvardzik; second by Braby; motion
passed with all ayes.
2. Community Development Corporation: Any action as a result of Executive Session
regarding the offer of a financial or other incentive to a business prospect.
Motion to approve the Performance Agreement by and between The Colony Community
Development Corporation and Cooperative Sourcing, LLC as presented- Lawrence; second by
Beckel; motion passed with all ayes..
3. City Council: Any action as a result of Executive Session regarding the offer of a
financial or other incentive to a business prospect.
Motion to approve the Pei formance Agreement by and between The Colony Economic Development
Corporation and Cooperative Sourcing, LLC, as presented- Connelly; second by Harris; motion
passed with all ayes.
Motion to approve the Performance Agreement by and between The Colony Community
Development Corporation and Cooperative Sourcing, LLC as presented- Connelly; second by
Boyer; motion passed with all ayes.
Motion to approve the Chapter 380 Agreement by and between the City of The Colony, Texas, and
Cooperative Sourcing, LLC as presented- Connelly; second by Marks; motion passed with all ayes.
And with no further business to discuss the meeting was adjourned at 6:50 p.m.
APPROVED:
Joe McCourry, Mayor_,_
.
City of The CoJ6ny f
A -TES
ristie Wilson, TRMC
City Secretary '
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