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Regular Council Meeting <br />October 10, 2016 <br />Page 5 <br />Meeting at which this Franchise is Passed is Open to the Public; and Providing for <br />Severability. <br />Mr. Anderson explained this was the second of three readings. <br />A Motion to approve this reading was made by Mayor Hashmi and seconded by Council <br />Member Drake. Motion carried, 6 ayes — 0 nays. <br />18. Convene into Executive Session pursuant to Section 551.087 of the Texas Government <br />Code, (1) to discuss or deliberate regarding commercial or financial information that the <br />governmental body has received from a business prospect that the governmental body <br />seeks to have locate, stay, or expand in or near the territory of the governmental body and <br />with which the governmental body is conducting economic development negotiations; or <br />(2) to deliberate the offer of a financial or other incentive to a business prospect described <br />by Subdivision (1), as follows: Kimberly - Clark. <br />Mayor Hashmi convened City Council into executive session at 6:08 p.m. <br />19. Reconvene into Open Session and possibly take action on those matters discussed in <br />Executive Session. <br />Mayor Hashmi reconvened City Council into open session at 6:18 p.m. and said that <br />Kimberly -Clark was in compliance with their agreement. <br />20. Consider and approve future events for City Council and /or City Staff pursuant to <br />Resolution No. 2004 -081. <br />No future events were referenced. <br />21. Adjournment. <br />There being no further business, a Motion to adjourn was made by Mayor Hashmi and <br />was seconded by Council Member Clifford. Motion carried, 6 ayes — 0 nays. The meeting was <br />adjourned at 6:17 p.m. n <br />I �M� <br />9NICE ELLIS, Cis Y,�b,'RK <br />.��` <br />