Nov 14, 2022 Economic Development Corp. (Type A)

[00:00:01]

[INAUDIBLE] AT THIS TIME I'LL CALL TO ORDER THE NOVEMBER 14TH, 2022 MEETING OF THE ECONOMIC DEVELOPMENT CORPORATION TYPE A.

[1. Call to Order]

[4. RECESS INTO EXECUTIVE SESSION]

I'LL NEED A MOTION.

SECOND.

I HAVE A MOTION BY JOHNSON AND SECOND BY PAYNE.

ALL THOSE IN FAVOR MOTION PASSES BY UNANIMOUS VOTE.

WE'LL GET BACK WITH YOU IN A BIT.

[RECONVENE INTO OPEN SESSION]

MOVE TO APPROVE.

SECOND. MOTION BY PAYNE, SECOND BY JOHNSON TO RECONVENE IN OPEN SESSION.

ALL THOSE IN FAVOR.

MOTION PASSES BY UNANIMOUS VOTE.

SINCE THE MEETING IS CALLED TO ORDER, I HAVE AN ITEM ON THE AGENDA NUMBER TWO FOR CITIZEN APPEARANCES.

HAVE WE ANYONE HERE THAT WANTS TO SPEAK TO THE ECONOMIC DEVELOPMENT CORPORATION THIS AFTERNOON? ALL RIGHT. I SEE NO SUCH REQUEST.

[3A. Consider approval of the minutes from the October 3, 2022 Economic Development Corporation (Type A) meeting. (Staff Contact: Amanda Campos, City Secretary)]

MEMBERS, IF YOU'VE HAD A CHANCE TO REVIEW THE MINUTES.

WE'LL TAKE A MOTION.

SO MOVED. SECOND.

MOTION BY GREEN SECOND BY JOHNSON.

ALL THOSE IN FAVOR.

I SEE ALL HANDS UP.

[3B. Consider approval of a resolution authorizing the enforcement of a contract dated July 18, 2022 with James Crouch and Katherine Hawles to acquire a 30.76 acre tract of land in Johnson County, Texas, commonly known as 2140 SW Hulen St, authorizing the Board President to direct and oversee the filing of a lawsuit, and authorizing the expenditure of funds. (Staff Contact: Matt Ribitzki, Deputy City Attorney/Compliance Manager)]

AUTHORIZING THE BOARD PRESIDENT TO DIRECT AND OVERSEE THE FILING OF A LAWSUIT AND AUTHORIZING THE EXPENDITURE OF FUNDS.

THIS WILL BE PRESENTED BY MATT RIBITZKI, DEPUTY CITY ATTORNEY.

ALL RIGHT, GOOD EVENING, BOARD.

AS THE MAYOR PRO TEM MENTIONED, THIS IS REGARDING A CONTRACT FOR THE PURCHASE OF REAL PROPERTY AT 2140 SOUTHWEST HULAND STREET.

THE TYPE A CORPORATION ENTERED INTO THIS CONTRACT TO PURCHASE THIS PROPERTY.

IT'S ABOUT 30 ACRES IN JULY ON THE IN THE PICTURE THERE IT'S OUTLINED IN YELLOW.

THE TYPE A CORPORATION IS FULLY PERFORMED ON THE CONTRACT, BUT THE SELLERS HAVE NOT CLOSED THE TRANSACTION IN ACCORDANCE WITH THE CONTRACT.

THE RESOLUTION, BEFORE YOU DENIED, AUTHORIZES THE FILING OF A LAWSUIT TO ENFORCE THE CONTRACT.

AND AGAIN, THE ACTION REQUEST IS TO APPROVE OR DENY THE RESOLUTION AUTHORIZING THE ENFORCEMENT OF THE CONTRACT AND STAFF RECOMMENDS APPROVAL.

I'D BE HAPPY TO ANSWER ANY QUESTIONS.

QUESTIONS? ALL RIGHT SEEING NONE WE'RE READY FOR A MOTION AT THIS TIME.

I HAVE A MOTION BY JOHNSON, THE SECOND BY STANFORD TO APPROVE.

I'D LIKE TO SAY REAL QUICK, YOU KNOW MY CONDOLENCES TO THE CROUCH FAMILY AND ASSURE THE VOTERS AND ASSURE THE CROUCH FAMILY THAT WE WE GREATLY APPRECIATE YOU AND AND OUR DEEPEST CONDOLENCES TO YOU.

I ASSURE YOU THAT THIS IS DONE TO PROTECT THE INTEREST OF THE CROUCH FAMILY, WHAT THEY WANT, AND AT THE SAME TIME, WHAT CITY WANTS.

SO IT'S JUST PART OF WHAT WE HAVE TO DO IN BUSINESS, BUT IT IS TO PROTECT THE INTEREST OF BOTH PARTIES.

ALL RIGHT. ALL RIGHT.

WE HAVE A MOTION AND A SECOND.

ALL THOSE IN FAVOR.

AND THAT MOTION PASSES BY UNANIMOUS VOTE.

ALL RIGHT. WE HAVE NO NEED FOR FURTHER EXECUTIVE SESSION, SO WE WILL ADJOURN THE MEETING AT 3:15.

* This transcript was compiled from uncorrected Closed Captioning.