Apr 13, 2016 Economic Development Partnership Board on 2016-04-13 11:00 AM

Meeting Details

Meeting Date:	April 13, 2016
Board:	Economic Development Partnership Board
Video ID:	13600

Has Transcript:	Yes
Has Agenda:	Yes

Source Video Agenda URL

AI Summary by Dentron 3000

Meeting Summary: Economic Development Partnership Board Date: April 13, 2016 | Time: 11:00 AM | Location: Denton Public Safety Training Facility, Conference Room A

Key Topics and Discussions The Board convened for a Work Session, Closed Meeting, and Regular Meeting. Scheduled agenda items included: - Report and discussion regarding the Leadership Denton Class of 2016 project and recommendations (EDP16-019). - Report, discussion, and staff direction concerning an amendment to Peterbilt Motors Company’s existing Tax Abatement Agreement (EDP16-016). - Closed session deliberations on economic development negotiations and potential incentives for Peterbilt Motors Company, including review of commercial and financial information (EDP16-017). - Consideration of a recommendation to the Denton City Council regarding the Peterbilt Motors Company tax abatement amendment (EDP16-018). - Review and approval of the March 9, 2016 meeting minutes (EDP16-023). - Concluding items for public inquiries, policy recitation, and community interest reports.

Motions, Votes, and Outcomes No motions, votes, or formal outcomes were recorded. The provided transcript contains no audio or written proceedings.

Decisions Made No decisions were documented in the provided materials.

Action Items or Next Steps - Staff to receive direction from the Board regarding the Peterbilt Motors Company tax abatement amendment following Work Session and Closed Meeting discussions. - Board to prepare a recommendation to the Denton City Council concerning the Peterbilt Motors Company agreement. - No additional action items were specified in the provided agenda or transcript.

Note: This summary reflects only the scheduled agenda items and administrative details provided. The accompanying transcript is blank, and no recorded proceedings, discussions, or formal actions are available for documentation.

Transcript

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Agenda

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                    City of Denton City Hall
215 E. McKinney St.
Denton, Texas 76201
www.cityofdenton.com
Meeting Agenda
Economic Development Partnership Board
Wednesday, April 13, 2016 11:00 AM Denton Public Safety Training Facility,
Conference Room A
After determining that a quorum is present, the Economic Development Partnership Board of the City
of Denton, Texas, will convene in a Work Session on Wednesday, at 11:00 a.m. in the Public Safety
Training Facility, Conference Room A at City Hall East, 719 E. Hickory Street, Denton, Texas at which
the following items will be considered:
1. WORK SESSION
A. EDP16-019 Receive a report and hold a discussion regarding the Leadership Denton Class of
2016’s project and recommendations.
B. EDP16-016 Receive a report, hold a discussion, and give staff direction regarding an
amendment to Peterbilt Motors Company’s existing Tax Abatement Agreement.
Attachments: 2016 Request Letter
Following the completion of the Work Session, the Economic Development Partnership Board will
convene in a Closed Meeting to consider specific items when these items are listed below under the
Closed Meeting section of this agenda. The Economic Development Partnership Board reserves the
right to adjourn into a Closed Meeting on any item on its open meeting agenda consistent with Chapter
551 of the Texas Government Code, as amended, or as otherwise allowed by law.
1. CLOSED MEETING
A. EDP16-017 Deliberations regarding Economic Development Negotiations - Under Texas
Government Code Section 551.087.
Receive a report, hold a discussion, and give staff direction regarding an economic
development incentive for Peterbilt Motors Company. This discussion shall include
commercial and financial information the City has received from Peterbilt Motors
Company, which the City seeks to have locate, stay, or expand in or near the
territory of the city, and with which the Economic Development Partnership Board
is conducting economic development negotiations; including the offer of financ…
                    
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