Agenda for Tuesday, January 17, 2006

NOTICE OF MEETING

NOTICE IS HEREBY GIVEN THAT THE NEDERLAND ECONOMIC DEVELOPMENT CORPORATION WILL CONVENE AT 5:30 P.M. TUESDAY, JANUARY 17, 2006 AT THE NEDERLAND ECONOMIC DEVELOPMENT CORPORATION OFFICE, 1903 ATLANTA AVENUE, NEDERLAND, TEXAS, FOR THE FOLLOWING PURPOSES:

1. CALL THE MEETING TO ORDER
    
2. APPROVE THE MINUTES OF PREVIOUS MEETING
    
3. NEDERLAND AVENUE APARTMENTS

   Discuss and consider action authorizing partial funding to Nederland Avenue Apartments Ltd.

4. BUDGET

   Consider action approving an amendment to the FY 05-06 budget.

5. FINANCIAL REPORTS

   Review and discuss current financial status of the Nederland Economic Development Corporation.

6. EXECUTIVE SESSION

   The Board of Directors will announce that it will go into Executive Session, pursuant to Chapter 551 of the Texas Government Code, to discuss matters as specifically listed on the agenda.

   Economic Development Negotiations - Texas Government Code, Chapter 551.087

   
   Discuss the offer of an incentive to a business prospect.
    

   Personnel - Texas Government Code, Chapter 551.074

   
   Discussion regarding the position of Executive Director.

   
   Discussion regarding appointment of legal counsel.
    

   Real Property - Texas Government Code, Chapter 551.072

   
   Discuss acquisition, exchange, and/or release of property.
    

7. RECONVENE

   Reconvene into regular session and consider action, if any, on items discussed in Executive Session.

   1. Consider action regarding the Executive Director position.
   2. Consider action regarding legal counsel.
       
8. COMMUNICATION

   Receive comments from President, Board of Directors and Executive Director.

9. ADJOURN

THE NEDERLAND ECONOMIC DEVELOPMENT CORPORATION IS COMMITTED TO COMPLIANCE WITH THE AMERICANS WITH DISABILITIES ACT, REASONABLE MODIFICATIONS AND EQUAL ACCESS TO COMMUNICATIONS WILL BE PROVIDED UPON REQUEST.

END Agenda for Tuesday, January 17, 2006