Midland Development Corporation Board of Directors met Dec. 12.
Here is the agenda provided by the board:
1. Call meeting to order.
2. Motion approving the minutes of the November 7, 2022, meeting of the Midland Development Corporation.
3. Motion approving the minutes of the November 16, 2022, meeting of the Midland Development Corporation.
4. Motion authorizing the execution of a letter of intent between the City of Midland, the Midland Development Corporation, and Hodges Development Services, LP, for the development of a 17.2-acre tract of land located in the southeast quarter of Section 35, Block 40, T-1-S, T&P RR Co. Survey, Midland County, Texas.
5. Presentation on the November 2022 monthly expenses and economic development activity report from the Midland Development Corporation Executive Director and staff.
6. Pursuant to Texas Government Code §551.101, the Board of Directors will hold an Executive Session, which is closed to the public to discuss the following matters as permitted under the following Texas Government Code Sections:
a. Section 551.087 Deliberation Regarding Economic Development Negotiations
i. Discuss business prospects that the Midland Development Corporation seeks to have, locate, stay, or expand in or near the City of Midland, Texas, and discuss possible incentives, and discuss contract compliance on the part of businesses.
https://www.midlandtexas.gov/967/PrimeGov-Meetings