Brownwood Municipal Development District Board to Meet Tuesday

The Brownwood Municipal Development District Board of Directors will meet at 1:30 pm Tuesday, January 21, at City Hall Council Chambers.

The meeting agenda is as follows:

4. The Board will consider approval of the minutes:
5. BMDD Regular board meeting – November 19, 2019
6. Joint Allies Meeting – December 19, 2019.
7. The Board will review the following financial reports:
8. Checklist – December
9. Income Statement – December
10. Loan and Incentive Summary – January
11. Sales Tax – Paid in January
12. The Board will receive Director’s report:
13. Employment Statistics

Project Updates and Activity

The BMDD Board may convene into a closed executive session in the Haynes

Section 551.071 – Consultation with Attorney

Section 551.087 – Deliberations regarding economic development negotiations

1. Discussion of a Building Improvement Incentive Program Grant (BIIP) for a commercial business.
2. Discussion of a possible incentive package for commercial business project.
3. The Board will reconvene into Regular Session in the City Council Chambers to take any action deemed necessary as result of the Executive Session.
4. Adjournment