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<br />97. <br /> <br />Regular Meeting <br /> <br />July 26, 2004 <br /> <br />Page 21 <br /> <br />Mayor Narvaiz introduced an Executive Session pursuant to the Government <br />Code, Section 551.087, to discuss commercial or financial information the <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 <br />of a financial or other incentive to such a business prospect (hotel- <br />conference center proposal; Texas Great Trails Museum). Mr. Mihalkanin <br />moved the Council adjourn into Executive Session at 1:12 a.m. and Mr. <br />Guerrero seconded the motion, which passed unanimously. <br /> <br />Mr. Mihalkanin moved the Council reconvene at 1:41 a.m. and Mr. Guerrero <br />seconded the motion, which passed unanimously. <br /> <br />Mayor Narvaiz introduced for consideration action or direction to Staff on <br />matters discussed in Executive Session. Mr. O'Leary stated the Council <br />discussed the Great Trails Museum project. He also stated the Council <br />provided direction regarding an MOU and hiring of outside counsel to <br />prepare the MOU. <br /> <br />.., <br /> <br />a.m. on motion made by Mr. Mihalkanin and <br /> <br /> <br />s~~ <br /> <br />Mayor <br /> <br /> <br />The meeting adjourned at 1:43 <br />seconded by Mr. Guerrero. <br /> <br /> <br />,:&6 <br /> <br />/ <br />/ <br />Joh 'laz <br />Council Member <br /> <br />u}f;!~ <br /> <br />Ed Mihalkanin <br />Council Member <br /> <br />John Thomaides <br /> <br />~P~]~. <br />Bill T~:r\ <br /> <br />Deputy Mayor Pro-Tern <br /> <br />Gaylord Bose <br />Council Member <br /> <br />ATTëlf~/~ <br /> <br />Janis K. Womack <br />City Clerk <br />