AGENDA

FATE DEVELOPMENT CORPORATION
BOARD OF DIRECTORS MEETING

APRIL 4, 2019
6:00 P.M.

FATE CITY HALL
1900 CD BOREN PARKWAY

NOTICE IS HEREBY GIVEN THAT THE FATE DEVELOPMENT CORPORATION BOARD OF DIRECTORS WILL HOLD A MEETING AT 6:00 P.M. ON THURSDAY,
APRIL 4, 2019 AT FATE CITY HALL, 1900 CD BOREN PARKWAY, FATE, TEXAS, FOR THE FOLLOWING PURPOSES:

NOTICE OF ATTENDANCE:
NOTICE
is hereby given that a quorum of the City Council may be in attendance at the Fate Development Corporation Meeting April 4, 2019 being held at Fate City Hall, 1900 CD Boren Parkway, Fate, Texas. 

1.

Call to order and confirm a quorum

2.

Presentations

A.

Fate Development Corporation Board of Directors Service Recognition

B.

Downtown Revitalization Project

C.

Facade Grant Program

3.

Fate Development Corporation Action Items

A.

Discuss, consider, and take any necessary action regarding approval of Minutes of the Fate Development Corporation meetings held on June 28, 2018, November 12, 2018, and December 17, 2018.

B.

Discuss, consider, and take any necessary action regarding Draft Economic Development Strategic Plan

C.

Discuss, consider, and take any necessary action regarding Administrative Services Contract between the Fate Development Corporation and the City of Fate

4.

EXECUTIVE SESSION: In accordance with Texas Government Code, Section 551.001, et seq., the Fate Development Corporation will recess into Executive Session (closed meeting) to discuss the following:

A.

In accordance with Texas Government Code, Section 551.087, to discuss or deliberate regarding commercial or financial information that the City has received from a business prospect that the City seeks to have locate, stay, or expand in or near the territory of the City of Fate and with which the City is conducting economic development negotiations; and to deliberate the offer of a financial or other incentive to the business prospect:

1.

Mixed Use Development Project located at the northwest corner of FM 551 and Interstate 30

2.

Mixed Use Development Project located at the northeast, southeast, and southwest corners of FM 551 and Interstate 30

3.

Downtown Central Business Area

5.

RECONVENE INTO REGULAR SESSION: In accordance with Texas Government Code, Chapter 551, the Fate Development Corporation will reconvene into Regular Session to consider action, if any, on matters discussed in Executive Session

6.

Adjournment

In addition to any executive session already listed above, the Fate Development Corporation Board of Directors reserves the right to adjourn into executive session at any time during the course of this meeting to discuss any of the matters listed above, as authorized by Texas Government Code for the following purposes: 

§551.071 Consultations with Attorney
§551.072 Deliberations regarding Real Property
§551.074 Personnel Matters 
§551.076 Deliberations regarding Security Devices
§551.087 Deliberations regarding Economic Development Negotiations

This building is wheelchair accessible. Any request for accommodations or interpretive services must be made 48 hours prior to this meeting. Please contact the City Secretary’s Office at (972) 771-4601 Ext. 103 for further information.

I certify that the above NOTICE OF MEETING was filed and posted on the Bulletin Board at City Hall, 1900 CD Boren Parkway, City of Fate, Texas on the 28th day of March, 2019, at 8:15 P.M. and remained so posted until removed as indicated below, pursuant to the Texas Open Meetings Act. This notice was likewise posted on the city website at www.cityoffate.com.


Victoria Raduechel, TRMC, City Secretary

Removed from the Bulletin Board at City Hall on the ____ day of _________, 2019, by _______________________.