MINUTES  CITY OF TOMBALL, TEXAS SPECIAL BOARD MEETING THURSDAY, FEBRUARY 28, 2019 401 MARKET STREET, TOMBALL, TEXAS  TOMBALL ECONOMIC DEVELOPMENT CORPORATION  MUNICIPAL BUILDING (CITY HALL), COUNCIL CHAMBERS  5:30 P.M.  1.0  Call to Order  The meeting was called to order at 5:30 p.m. by President Gretchen Fagan.  Roll Call and Certification ofa a Quorum  Members Present: Gretchen Fagan Steven Vaughan Richard Bruce Bill Sumner Tom Crofoot Members Absent: Chad Degges Will Benson Others Present:  Kelly Violette, TEDC Executive Director Tiffani Wooten, TEDC. Assistant Director Tori Gleason, TEDC. Admin. Assistant Tom Condon, Colliers International  Kyle Bertrand, Sr. Project Manager, Gunda Corporation Public Comments and Receipt of Petitions No comments were, given. New Business:  2.0  3.0  3.1 "Presentation by Vernon Young, D & V Development, LLC regarding proposed  speculative building project."    City ofTomball, Texas  Tomball Economic Development Corporation Special Meeting of] February 28, 2019  Page 2  Kelly Violette provided an overview of the project and Tom Condon, Colliers International,  discussed the deal points.  This was aj presentation item only; no. Board action was required. Open Meetings Act, for the Following Purpose(s):  3.2 "EXECUTIVE SESSION: The Board determined that it was not necessary to meet in Executive Session as. Authorized by Title 5, Chapter 551, Government Code, the Texas Section 551.072, - Deliberations regarding real property: Deliberate the purchase,  exchange, sale, lease, or value of real property.  Nol Executive Session was held. Executive Session."  3.3 Reconvene into regular session and take action, ifnecessary, on items discussed in The board determined that it was not necessary to meeti inn Executive Session 3.4 "Consideration and Possible action to approve the sale of approximately 5.6372 acres of land, identified as Lots 11 and 12 on the' Tomball Business and' Technology Park Lot9 Replat, and authorize the Board President to execute all related documents including a real estate contract on behalfofthe' Tomball Economic Development Corporation."  Kelly Violette provided an overview ofthe project.  Motion was made by Board Member Vaughan, seconded by Board Member Sumner, to approve the sale of approximately 5.6372 acres as presented above. and to authorize the Board President to execute. all related documents including a real estate contract on behalfoft the Tomball Economic Development Corporation. President Fagan called for the vote.  The motion carried unanimously. "Adjournment"  4.0  Motion was made by Board Member Bruce, seconded by Board Member Sumner, to adjourn.  President Fagan called fort the vote.  The motion carried unanimously. The meeting was adjourned at 5:59 p.m. PASSED AND APPROVED this 14th day May of2019.  9KE Secretary, Tomball  President, K  EDCI Board  bd