HomeMy WebLinkAboutMin - Economic Development Corporation - 2022 - 11/07 - Special Called ALLEN ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS SPECIAL CALLED MEETING
MONDAY,NOVEMBER 7,2022
Board Staff Guests
Michael Schaeffer Daniel Bowman None
Kristina Holcomb David Ellis
Carl Clemencich Jan Jungmann
Brent Berg Nicole Bywater
Emad Siddiqi-Absent Pete Smith
Call to Order and Announce a Quorum Present
With members Michael Schaeffer,Kristina Holcomb, Carl Clemencich and Brent Berg in attendance,
the Special Called Meeting of the Allen Economic Development Corporation(AEDC)Board of
Directors was called to order by President Schaeffer at 8:00 a.m. on Monday,November 7, 2022 at the
Allen Economic Development Corporation office.
1. Convene into Closed Executive Session: Pursuant to Texas Government Code, Section 551.087:,
Deliberation of Economic Development Negotiations: To Deliberate Commercial and Financial
Information and Economic Incentives for the Following and Pursuant to Texas Government Codes
Section 551.072 Deliberation Regarding Real Property:
a. Consider Incentives to Support the Recruitment of Project Flare
The Board convened into closed session at 8:01 a.m.
Reconvene into Open Session
The Board reconvened into open session at 8:23 a.m.
2. Actions Resulting from Executive Session
On a motion by Kristina Holcomb, seconded by Brent Berg,the Board unanimously approved the
motion to authorize the AEDC Executive Director to negotiate and execute an agreement with
Portable Solar,LLC based on the terms presented.
3. Adiournment
On a motion by Kristina Holcomb,seconded by Brent Berg,the meeting was adjourned at 8:24 a.m.
AEDC Meeting Minutes
November 7,2022-Page 2
These Minutes approved this 16th day of November 2022.
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Michael Schaeffer, resident Emad Siddiqi, Secretary/Treasurer
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