Midland Development Corporation Board of Directors met May 6.
Here is the agenda provided by the board:
1. Call meeting to order.
2. Motion approving the minutes of the April 8, 2024, meeting of the Midland Development Corporation.
3. Motion approving the minutes of the April 25, 2024, meeting of the Midland Development Corporation.
4. Receive and discuss the Independent Auditors’ Report and the Basic Financial Statements for the Fiscal Year 2022-2023 presented by Christy Weakland, Director of Finance for the City of Midland.
5. Receive and discuss a presentation by the University of Texas of the Permian Basin on a proposed SAS Workforce Analytics data platform.
6. Resolution appropriating funds from the Midland Development Corporation’s 2022-2023 fiscal year budget to be used for promotional purposes, as authorized by Chapter 504 of the Texas Local Government Code.
7. Presentation on the April 2024 monthly expenses and economic development activity report from the Midland Development Corporation Executive Director and staff.
8. 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 purchase, exchange, lease, or value of real property.
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.midlandtxedc.com/media/userfiles/subsite_15/files/meetings-agendas/May%206%2C%202024%20Meeting%20of%20Board%20of%20Directors%20Open%20Session.pdf