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<br />Minutes of Regular Meeting, Emergency Meeting and Public Hearing September 22,2008 Page 12 <br /> <br />21. Executive Session. pursuant to provision of the open meetings law, chapter 551.071 <br />through 551.076, 551-087, Texas government code (consultation with attorney, <br />deliberation regarding real property, deliberation regarding prospective gift or donation, <br />personnel matters, deliberation regarding security devices, or excluding a witness during <br />examination of another witness in an investigation, deliberation regarding economic <br />development negotiations) <br /> <br />A. 551.087 (Economic Development Negotiations)) <br /> <br />Meet with City Manager <br />and City Attomey and Economic <br />Development Coordinator to <br />discuss the purchase of real <br />properties at 105 San Jacinto <br />and the intersection of San <br />Jacinto and South Broadway <br />known as the "Triangle Property" <br />and a lease agreement at 117 <br />San Jacinto <br /> <br />B. 551.074 (Personnel Matter) <br /> <br />Meet with City Manager, City <br />Attorney and Economic <br />Development Coordinator for the <br />Evaluation of the Economic <br />Development Coordinator <br /> <br />22. Council retired into Executive Session at 9:36 p.m. on September 22,2008. <br /> <br />Council reconvened to Regular Meeting and Public Hearing at 10:08 p.m. <br /> <br />A. A Memorandum of Understanding between the La Porte Development <br />Corporation Board and East A Development, L.P. and the La Porte 5 Points <br />Properties, L.P. <br /> <br />B. A Sales and Earnest Money Contract for the purchase of property located at the <br />intersection of San Jacinto and South Broadway also known as the "Triangle <br />Property" including a repayment provision for a loan to the Developer to be <br />secured by a first lien on the property located in Blocks 6 through 9 and a second <br />lien on the property located in Blocks 10 through 13 on San Jacinto in the Town of <br />La Porte. <br /> <br />C. A Lease Agreement between the Corporation and East A Development, L.P. for <br />the property located at 117 San Jacinto. <br /> <br />D. The purchase of property located at 105 San Jacinto from the Texas Parks and <br />Wildlife Department <br /> <br />23. Considerations and possible action on items in executive session. <br />