HomeMy WebLinkAbout2010-09-14 Joint Meeting (4B) AGENDA
CITY OF GRAPEVINE, TEXAS
SPECIAL JOINT CITY COUNCIL
&
GRAPEVINE 4B ECONOMIC DEVELOPMENT CORPORATION MEETING
TUESDAY, SEPTEMBER 14, 2010 AT 6:25 P.M.
CITY COUNCIL CONFERENCE ROOM
SECOND FLOOR
200 SOUTH MAIN STREET
CALL TO ORDER
EXECUTIVE SESSION
1. City Council and Grapevine 4B Economic development Corporation to conduct a
closed session relative to:
A. Conference with City Manager and Staff to discuss and deliberate
commercial and financial information received from business prospects the
City seeks to have locate or expand in the City; with which businesses the
City is conducting economic development negotiations pursuant to Section
551.087, Texas Government Code.
City Council and 4B Economic Development Corporation Board to reconvene in
open session and take any necessary action relative to conference with employees
under Section 551.087, Texas Government Code.
ADJOURNMENT
If you p�an to attend this public meeting and you have a disability that requires special
arrangements at the meeting, please contact the City Secretary's Office at(817)410-3182
at least 24 hours in advance of the meeting. Reasonable accommodations will be made to
assist your needs.
In accordance with Texas Government Code, Chapter 551.001 et seq, Acts of the 1993
Texas Legislature, the Special City Council Meeting Agenda was prepared anr� ,�o�ted �r.
this the 10th day of September, 2010 at 5:00 p.m.
�
Linda Huff �'
City Secretary
STATE OF TEXAS
COUNTY OF TARRANT
CITY OF GRAPEVINE
The City Council and the Grapevine 4B Economic Development Corporation Board of the
City of Grapevine, Texas met in Executive Session on this the 14th day of September,
2010 at 6:25 p.m. in the City Council Conference Room, Second Floor, 200 South Main
Street, with the following members present to-wit:
William D. Tate Mayor/4B President
C. Shane Wilbanks Mayor Pro Tem/4Bvice President
Sharron Spencer Council Member/4B Board Member
Darlene Freed Council Member/4B Board Member
Mike Lease Council Member/4B Board Member
Roy Stewart Council Member
Chris Coy Council Member
Chris Reyher Board Member
Martin Honeycutt Board Member
Matt Carnes Board Member
constituting a quorum, with the following members of the City Staff:
Bruno Rumbelow City Manager
Jennifer Hibbs Assistant City Manager
H. T. Hardy Assistant City Manager
Doug Connor Assistant City Attorney
Linda Huff City Secretary
CA�_L TO O�D�R
Mayor Tate ua'ied the joint meeting to order at 6:25 p.m.
ITEM 1. EXECUTIVE SESSION
Mayor Tate announced the City Council and Grapevine 4B Economic Development
Corporation Board would conduct a closed session regarding:
(A) conference with City Manager and Staff to discuss and deliberate commercial and
financial information received from business prospects the City seeks to have locate or
expand in the City; with which businesses the City is conducting economic development
negotiations pursuant to Section 551.087, Texas Government Code.
Upon the City Council reconvening in open session in the Council Chambers, Mayor Tate
asked if there was any action necessary relative to the closed session. City Manager
Bruno Rumbelow requested authorization to enter into an Economic Development and
Incentive Agreement with Grapevine Equity Partners in an amount not to exceed$750,000
pursuant to Section 551.087, Texas Government Code. He stated the 4B Economic
09/14/10
Development Corporation Board had voted to approve the economic development and
incentive agreement.
Council Member Spencer, seconded by Council Member Stewart, offered a motion to
approve the economic development and inventive agreement as recommended. The
motion prevailed by the following vote:
Ayes: Tate, Wilbanks, Spencer, Stewart, Freed, Lease & Coy
Nays: None
Note: The City Council continued with Regular 4B Board meeting, the Crime Control and
Prevention District meeting and the Regular City Council meeting.
ADJOURNMENT
Mayor Pro Tem Wilbanks, seconded by Council Member Stewart, offered a motion to
adjourn the meeting at 6:50 p.m. The motion prevailed by the following vote:
Ayes: Tate, Wilbanks, Spencer, Stewart, Freed, Lease & Coy
Nays: None
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE,
TEXAS on this the 5th day of October, 2010.
APPROVED:
��
William D. Tate
Mayor
ATTEST:
Linda Huff
City Secretary
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