Midland Development Corporation Board of Directors will meet March 6

Midland Development Corporation Board of Directors will meet March 6.

Here is the agenda provided by the board:

NOTICE OF PUBLIC MEETING

In accordance with Chapter 551, Texas Government Code, as amended, notice is hereby given to the public that the Board of Directors of the Midland Development Corporation will meet in regular session, open to the public, in the Midland Chamber of Commerce board room, 303 West Wall Street, Suite 200, Midland, Texas, at 10:00 a.m. on March 6, 2023. A quorum of the Board of Directors of the Midland Development Corporation intends to be physically present at the aforementioned location.

Videoconference Information

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International numbers available: https://us02web.zoom.us/u/kdGZqhGcnS

At such meeting, the Board of Directors may discuss, consider, and take action on any of the following items:

1. Call meeting to order.

2. Motion approving the minutes of the February 6, 2023, meeting of the Midland Development Corporation.

3. Resolution authorizing the execution of an economic development agreement with the City of Midland for the State Highway 191 wastewater main extension project; and authorizing payment therefor.

4. Resolution authorizing the execution of a memorandum of understanding between the Midland Development Corporation and Second Story Coworking; said memorandum of understanding to provide for the creation and establishment of Founder's Blend Midland, which shall provide business owners, investors, and members of the community with certain opportunities relating to the entrepreneurial ecosystem in West Texas.

5. Presentation on the February 2023 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 551.072 Deliberation Regarding Real Property

i. Discuss the sale, exchange, lease or value of real property described as an approximate 374-acre tract of land out of Section 33, Block 40, T-1-S, T&P RR Co. Survey, Midland County, Texas.

b. 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

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