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Regular Council Meeting <br />February 22, 2021 <br />Page 6 <br />A Motion to approve the Resolution of Intent to Create a PACE Program was made by <br />Council Member Pilgrim and was seconded by Council Member Knox. Motion carried, 6 ayes — <br />0 nays. <br />21. 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: First National Bank Building and associated properties. <br />Mayor Clifford convened City Council into executive session at 6:15 p.m. <br />22. Reconvene into open session and possibly take action on those matters discussed in <br />executive session. <br />Mayor Clifford reconvened City Council into open session at 6:38 p.m. Mayor Clifford <br />said they discussed economic development and incentives, and that no action was taken. <br />23. Consider and approve future events for City Council and/or City Staff pursuant to <br />Resolution No. 2004-081. <br />City Council Members expressed appreciation to City Manager, Grayson Path and City <br />Staff for all of their hard work the past week during the unprecedented snow storm. Council <br />Members stated they appreciated the level of communication they received. <br />Mayor Clifford stated that a possible use of the COVID money the City received could be <br />used for a generator for the pump that pumps water to the water tower. <br />Council Member Knox stated that although it is not an urgent matter, when the time <br />comes for the water contract renewal, she would like to see it before negotiations begin. <br />24. Adjournment. <br />There being no further business, a Motion to adjourn was made by Mayor Clifford and <br />was seconded by Council Member Portugal. Motion carried, 6 ayes — 0 nays. The meeting was <br />adjourned at 6:41 p.m. <br />f <br />®` ....... , <br />STEV� J. CLIF t , M.D., MAYOR <br />J,, NICE ELLIS, CITI- <br />