[00:00:05]
[1. CALL TO ORDER]
[(a) Consideration and Possible Action - Authorizing a payment in the amoun...]
ITEM NUMBER TWO, OUR DISCUSSION AND POSSIBLE ACTION.TWO, A CONSIDERATION AND POSSIBLE ACTION AUTHORIZING A PAYMENT IN THE AN IN THE AMOUNT OF 429,000.
UH, RESERVE V, PROP CO, LLC AND THE CITY OF MISSOURI CITY FOR THEIR EXPENSES MADE PURSUANT TO A CITY OF MISSOURI CITY, TAX INCREMENT RE REINVESTMENT.
UM, UH, COMMITTEE MEMBERS OF MCDA.
UM, THE SUBMISSION, THE ORIGINAL AGREEMENT WAS FOR 650,000 UP TO PROJECTED COST.
THE ACTUAL COST WAS 629,000 633 74.
ELIGIBLE COSTS WERE 490, SO THE AMOUNT, UM, ELIGIBLE FOR REIMBURSEMENT IS 4 15 558 30 ACCORDING TO THE AUDIT.
AND THE RESERVE B PORTION IS 2 26, 6 68 20.
IT'S BEEN A MOTION BY MAYOR APPROACH HIM KLAUSER.
A SECONDED BY COUNCIL MEMBER EMERY.
SEEING NO ONE ELSE ON THE QUEUE.
LET'S GO AHEAD AND VOTE THE MO.
THE MOTION CARRIES UNANIMOUSLY.
ITEM NUMBER THREE, OUR CLOSED EXECUTIVE SESSION.
THERE'S NO CLOSED EXECUTIVE, UM, SESSION ON THIS AGENDA.
UH, ITEM NUMBER, UH, NUMBER FIVE IS WITH NO FURTHER BUSINESS AND HEARING NO OBJECTIONS.
THIS MEETING IS ADJOURNED AT 5:03 PM.