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<br />10. <br /> <br />Regular Meeting <br /> <br />April 18, 2006 <br /> <br />Page 10 <br /> <br />Mayor Narvaiz i.ntroduced an Executive Session pursuant to the Government <br />Code, Section 551.087, to discuss commercial or financial information the I <br />City has received from a business prospect that the City seeks to have <br />locate, stay or expand in or near the City and with which the City is <br />conducting economic development negotiations, or to deliberate the offer of <br />a financial or other incentive to such a business prospect (South IH35 at <br />McCarty area). The Council adjourned into Executive Session at 9:18 p.m. <br /> <br />Mayor Narvaiz announced the Council would reconvene at 10:40 p.m. <br /> <br />Mayor Narvaiz introduced for consideration adoption or direction to Staff <br />on matters discussed in Executive Session. Mr. O'Leary stated the Council <br />provided direction regarding an incentive to a proposed business. <br /> <br />The meeting adjourned at 10:42 p.m. on motion made by Mr. Jones and <br />seconded by Mr. Guerrero. <br /> <br />s~Lh <br /> <br /> <br />Mayor <br /> <br />I <br /> <br /> <br />- <br /> <br />Joh homaides <br />Council Member <br /> <br />Daniel Guerrero <br />Deputy Mayor Pro-Tem <br /> <br />\ <br /> <br />[J J~jL <br /> <br /> <br />John Diaz <br />Mayor Pro-Tern <br /> <br />Ed Mihalkanin <br />Council Member <br /> <br />I <br />