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Regular Council Meeting <br />December 9, 2019 <br />Page 6 <br />b. Sec. 551.087 of the Texas Government Code, (1) to discuss or deliberate <br />regarding commercial or financial information that the governmental body has <br />received from a business prospect that the governmental body seeks to have <br />locate, stay, or expand in or near the territory of the governmental body and with <br />which the governmental body is conducting economic development negotiations; <br />or (2) to deliberate the offer of a financial or other incentive to a business prospect <br />described by Subdivision (1), as follows: Project Rocket X. <br />Mayor Clifford convened City Council into executive session at 5:55 p.m. <br />22. Reconvene into open session and possibly take action on those matter discussed in <br />executive session. <br />Mayor Clifford reconvened City Council into open session at 6:50 p.m. Mayor Clifford <br />said there was no action to be taken on the legal matter. He said they also discussed Project <br />Rocket X. <br />A Motion to approve the incentive proposed by Project Rocket X was made by Mayor <br />Clifford, and seconded by Council Member Pilgrim. Motion carried, 5 ayes — 0 nays. <br />23. 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 />24. Adjournment. <br />There being no further business, a Mayor Clifford adjourned the meeting at 6:50 p.m. <br />STEVEN:.. . <br />�� . CLIFFO, M.. <br />D., MAYOR <br />