[00:00:01]
12.WE'RE GONNA CALL THE SPECIAL CALL JOINT MEETING OF THE HUTTO CITY COUNCIL AND THE HUTTO ECONOMIC DEVELOPMENT CORPORATION, TYPE A AND TYPE B UH, BOARD OF DIRECTORS MEETING TO ORDER.
WE'LL START WITH ROLL CALL FOR THE COUNCIL.
FOR THE EDC, UH, CHAIR CARLSON IS PRESENT.
ALL RIGHT, SO THE NEXT ITEM, WAS THERE ANY PUBLIC COMMENT THAT CAME IN? PLEDGE? ALL RIGHT.
[5. EXECUTIVE SESSION]
BEING NO PUBLIC COMMENT, WE'LL GO TO EXECUTIVE SESSION FOR ITEM SIX ONE.FOR THE CITY COUNCIL, DISCUSS AND CONSIDER ADOPTING RESOLUTION R DASH 2023 DASH 1 58 CONSENTING TO COTTONWOOD DEVELOPMENT CORPORATION'S APPROVAL AND EXECUTION OF A SETTLEMENT AGREEMENT BETWEEN BUTLER EQUITY HOLDINGS LIMITED AND THE CORPORATION TO RESOLVE A CONTRACT DISPUTE, APPROVAL OF THE TERMS OF A PROMISSORY NOTE SERVING AS CONSIDERATION FOR THE SETTLEMENT AGREEMENT, AUTHORIZING THE CITY MANAGER TO EXECUTE THE PROMISSORY NOTE AND ACKNOWLEDGE THE SETTLEMENT AGREEMENT PROVIDING FOR SEVERANCE, PROVIDING FOR APPEAL, AND PROVIDING AN EFFECTIVE DATE.
DOES HE HAVE TO READ THE SAME THING? NO, THAT'S, UH, AN ITEM ON THE JOINT AGENDA.
SO THAT IS AVAILABLE FOR DISCUSSION BY BOTH PART, UH, BOTH BOARDS.
SO AT SIX 14, WE'LL HEAD UPSTAIRS.
WE'RE BACK FROM THE EXECUTIVE SESSION.
ITEM SEVEN ONE, DISCUSSION OF HU DEVELOPMENT OPPORTUNITIES, PLANNING AND INCENTIVES.
AND FOR THIS, WE'LL BE MOVING UPSTAIRS TO THE, WHAT DO YOU CALL IT, THE EXECUTIVE CONFERENCE ROOM.
IS THAT A GOOD WAY OF SAYING THAT? YEP.
LIKE, YOU KNOW, I'LL SAY THAT CARL, WELL, DON CARLSON LEFT, HE LEFT AT EIGHT O'CLOCK AND THE WITHOUT ANY OTHER FURTHER BUSINESS OF THIS BOARD, I ADJOURN THE MEETING AT 9 36.