Midland Development Corporation Board of Directors met Jan. 6

Midland Development Corporation Board of Directors met Jan. 6.

Here is the agenda provided by the board:

1. Call meeting to order.

2. Presentation thanking outgoing Midland Development Corporation board members Chase Gardaphe and Berry Simpson.

3. Motion electing officers to serve through December 2025.

4. Motion approving the minutes of the December 9, 2024, meeting of the Midland Development Corporation.

5. Resolution approving the execution of an economic development agreement with Flour Child Baked Goods, LLC; and authorizing payment therefor.

6. Resolution approving the execution of a consulting services agreement with DTH Strategies, LLC, in an amount not to exceed $120,000.00 to provide strategic and public affairs consulting and advocacy for the Midland Development Corporation.

7. Presentation on the December 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 551.074, Personnel Matters

i. Discuss the employment, evaluation, and duties of the Executive Director.

c. 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.