Meeting Time: January 09, 2024 at 2:00pm CST
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Agenda Item

A. ID 23-2376 Deliberations regarding Economic Development Negotiations - Under Texas Government Code Section 551.087; Consultation with Attorneys - Texas Government Code, Section 551.071. Receive a report and hold a discussion regarding the offer of a financial or other incentive to Fine Arts Theater of Denton, LLC. This discussion shall include commercial and financial information, including an economic development incentive request, the City has received from Fine Arts Theater of Denton, LLC, a developer, which the City Council seeks to have locate, stay, renovate or expand in or near the territory of the city, and with which the City Council is conducting economic development negotiations. Consult with the City's attorneys about legal matters related to economic development incentives to potentially be offered to Fine Arts Theater of Denton, LLC, where a discussion of these legal matters in an open meeting would conflict with the duty of City's attorneys to the City of Denton and its City Council under the Texas Disciplinary Rules of Professional Conduct.

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