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Regular Meeting May 15, 2007 Page 10 <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 (Economic <br />Development Update Report). The Council adjourned into Executive Session <br />at 8:40 p.m. <br />Mayor Narvaiz announced the Council would reconvene at 940 p.m. <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 directions regarding economic development update. <br />The meeting adjourned at 9:41 p.m. on a motion made by Ms. Couch and <br />seconded by Mr. Guerrero. <br />ohn Thomaides <br />Cougci_1 Member <br />Gaylord Bose <br />Deputy Mayor Pro -Tem <br />�t�� � X� <br />Susan Narvaiz <br />Mayor <br />Pam Couch <br />Council Member <br />niel Gue ero <br />Mayor Pro -Tem <br />1 <br />