* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.
          WE ARE LIVE. 
          [Special (EDC) Board Meeting on May 6, 2026.]
          [00:00:02]
YEP. 
          I'D LIKE TO CALL THIS MEETING TO ORDER. 
          CHENEY, WOULD YOU DO THE ROLL CALL PLEASE? YEP. 
          VICE CHAIR MORALES. 
          SECRETARY GONZALEZ. 
          HERE. 
          BOARD MEMBER SNYDER. 
          HERE. 
          BOARD MEMBER THORNTON. 
          BOARD MEMBER REPORTER FIELD HERE. 
          BOARD MEMBER MORRIS. 
          HERE WE HAVE A QUORUM OF FOUR. 
          JOIN ME WITH A PLEDGE OF ALLEGIANCE, PLEASE. 
          A PLEDGE OF ALLE. 
          ALLE FLAG OF THE UNITED STATES OF AMERICA. 
          AMERICA REPUBLIC FOR WHICH STANDS? ONE. 
          NATION. 
          NATION INDIVIDUAL WITH LIBERTY. 
          HONOR THE TEXAS FLAG. 
          I PLEDGE ALLEGIANCE TO THE TEXAS ONE STATE UNDER GOD WON ONE INDIVIDUAL. 
          OKAY. 
          UH, CHENEY, DO WE HAVE ANYONE FOR A PUBLIC COMMENT? NO, MA'AM, WE DO NOT. 
          ALL RIGHT. 
          OKAY. 
          THE BOARD WILL NOW RECESS THE OPEN. 
          UM, SORRY. 
          SECRETARY GONZALEZ. 
          IF I MAY, IF THERE'S NO QUESTIONS ON THE ENCORE TCE FOR EXECUTIVE SESSION, I DO ASK THAT WE MOVE THAT ITEM UP. 
          WE DO HAVE A REPRESENTATIVE FROM ENCORE HERE TO ADDRESS ANY QUESTIONS PUBLICLY AND THEY ALSO HAVE OUR PAYMENT IN HAND AS WELL. 
          OKAY. 
          WHAT WOULD YOU DATE? PLEASE CALL THIS ORDER. 
          GO AHEAD AND CALL FIVE TWO OR SIX TWO DISCUSS BEFORE CALL THAT ITEM. 
          SO I'M GONNA CALL SIX TWO ITEM SIX TWO. 
          DISCUSS AND CONSIDER ACTION ON RESOLUTION R-H-E-D-C DASH 2026 DASH 0 33 TO APPROVE A TEMPORARY CONSTRUCTION EASEMENT, TCE FOR ENCORE, LOCATED ON CORPORATION OWNED PROPERTY KNOWN AS THE HU MEGA SITE. 
          SO MOVED. 
          SO THE MAYOR'S MADE A MOTION TO APPROVE IT. 
          ANY SECOND? SECOND. 
          SO THEY CAN CALL IT THE MAYOR'S. 
          OKAY. 
          THE MAYOR HAS A, UH, MADE A MOTION OR BOARD MEMBER HAS MADE A MOTION. 
           AND BOARD MEMBER, MEMBER PORTERFIELD HAS SECONDED IT. 
          PLEASE CALL THE VOTE. 
          PLEASE CALL THE VOTE. 
          SECRETARY GONZALEZ. 
          AYE. 
          BOARD MEMBER PORTERFIELD AYE. 
          BOARD MEMBER MORRIS AYE. 
          BOARD MEMBER SNYDER. 
          AYE. 
          THANK YOU. 
          SO THE AYES HAVE IT. 
          WE'LL GO BACK TO NUMBER FIVE. 
          ALRIGHT, SO THE BOARD WILL NOW RECESS THE OPEN MEETING AND RECONVENE AN EXECUTIVE SESSION PURSUANT TO TEXAS GOVERNMENT CODE SECTION 5 51 0.071 ATTORNEY CONSULTATION 5 5 1 0.087 ECONOMIC DEVELOPMENT AND 5 5 1 0.07. 
          TWO REAL PROPERTY TO DELIBERATE AND SEEK LEGAL ADVICE REGARDING THE FOLLOW THE FOLLOWING ECONOMIC DEVELOPMENT PROJECTS, PROJECT CORE, THE PLANNING AND DEVELOPMENT OF THE COTTONWOOD PROPERTIES AND ANY RELATED INCENTIVE, THE PURCHASE AND SALE AGREEMENT WITH FIDELIS, THE PROPOSED INFRASTRUCTURE IMPROVEMENT PROGRAM, AND THE TEMPORARY CONSTRUCTION EASEMENT FOR ENCORE AT THE MEGA TIME. 
          SO THE TIME NOW IS, UH, 5 5 5 35 AND WE'LL BE IN EXECUTIVE SESSION. 
          AND WE WILL BE IN EXECUTIVE SESSION. 
          NICE. 
          PERFECT. 
          GOOD JOB. 
          QUESTION WHAT SESSION? PUBLIC. 
          OKAY. 
          IT IS NOW SIX 17 AND WE'RE GOING TO RESUME THE PUBLIC SESSION CALL. 
          OKAY. 
          SO, UH, 6.1, DISCUSS AND CONSIDER ACTION ON RESOLUTION R-H-E-D-C DASH 2026 DASH 0 2 3 ON A PURCHASE AND SALE AGREEMENT WITH FIDELIS. 
          UM, MR. SECRETARY, I MAKE A MOTION TO APPROVE RESOLUTION R DASH HEDC DASH 20 26 0 23 AS PRESENTED AND TO DIRECT STAFF TO COMMUNICATE WITH FIDELIS, ALL PARTIES. 
          HOW WOULD YOU SAY JOSEPH ARE CURRENTLY IN CONTACT WITH, HAVE CONTACT WITH, IN CONNECTION WITH THE PROPERTIES? MM-HMM . 
          SECOND. 
          SO MEM, UH, BOARD MEMBER, UM, SNYDER. 
          SNYDER. 
          USE THE POLITE NAMES, NOT THE ONES THAT CALL ME UNDER . 
          BOARD MEMBER SNYDER, UH, FILE, UH, MOTIONED 
          [00:05:01]
AND, UM, BOARD MEMBER PORTERFIELD. 
          UH, SECOND. 
          IS THERE ANY OTHER DISCUSSION? IS THERE ANY OTHER DISCUSSION? HEARING NONE, PLEASE CALL THE VOTE. 
          BE HAPPY TO BOARD MEMBER SNYDER. 
          AYE. 
          BOARD MEMBER PORTERFIELD AYE. 
          BOARD MEMBER MORRIS AYE. 
          SECRETARY GONZALEZ. 
          AYE. 
          CONGRATULATIONS. 
          NOW. 
          SO WE DON'T, WE ALREADY DID THAT ONE. 
          WE DID THAT ONE. 
          UHHUH. 
          . 
          YEAH. 
          SO ARE THERE ANY FUTURE AGENDA ITEMS? DID YOU WANNA, UH, BOARD MEMBER SNYDER? DID YOU WANNA TALK ANY FURTHER ABOUT? NO. 
          I'LL WAIT TO THE CITY COUNCIL. 
          OKAY. 
          SEVEN, EIGHT. 
          SO THEN EIGHT. 
          WE CALL THIS I MOTION. 
          NO, ASK FOR A MOTION. 
          ASK FOR A MOTION OF ADUR ADJOURNMENT PLEASE. 
          SO MOVED. 
          SECOND. 
          SO, UM, DO WE HAVE TO SAY WE, WE NEVER, YOU YOU DON'T HAVE TO. 
          I WAS GONNA SAY WE KNOW  MEETING ADJOURN AT AS LONG AS YOU GET ONE MOTION AT SIX 19. 
          AT SIX. 
          AT SIX 19. 
          OKAY. 
          THANK YOU. 
          ALRIGHT.
* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.