AGENDA

FATE MUNICIPAL DEVELOPMENT DISTRICT NO. 1
BOARD OF DIRECTORS MEETING

JUNE 3, 2021
6:00 P.M.

FATE CITY HALL
1900 CD BOREN PARKWAY

NOTICE IS HEREBY GIVEN THAT THE BOARD OF DIRECTORS OF THE FATE MUNICIPAL DEVELOPMENT DISTRICT NO. 1 WILL HOLD A MEETING AT 6:00 P.M. ON THURSDAY, JUNE 3, 2021 AT FATE CITY HALL, 1900 CD BOREN PARKWAY, FATE, TEXAS, FOR THE FOLLOWING PURPOSES:

NOTICE is hereby given that a quorum of the City Council may be in attendance at the Fate Municipal Development District No. 1 Board of Directors meeting June 3, 2021 being held at Fate City Hall, 1900 CD Boren Parkway, Fate, Texas. 

1.

Call to order and confirm a quorum

2.

DISCUSS, CONSIDER, AND TAKE ANY NECESSARY ACTION REGARDING ELECTION OF OFFICERS

3.

DISCUSS, CONSIDER, AND TAKE ANY NECESSARY ACTION REGARDING APPROVAL OF MINUTES OF THE FATE MUNICIPAL DEVELOPMENT DISTRICT NO. 1 BOARD OF DIRECTORS MEETINGS HELD JUNE 15, 2020, JUNE 25, 2020 AND FEBRUARY 1, 2021.

4.

Presentation

A.

Economic Development - What’s happening?

5.

EXECUTIVE SESSION: IN ACCORDANCE WITH TEXAS GOVERNMENT CODE, SECTION 551.001, ET SEQ., THE FATE MUNICIPAL DEVELOPMENT DISTRICT NO. 1 WILL RECESS INTO EXECUTIVE SESSION (CLOSED MEETING) TO DISCUSS THE FOLLOWING:

A.

In Accordance With Texas Government Code, Section 551.072, To Deliberate The Purchase, Exchange, Lease, Or Value Of Real Property:

1.

Downtown Central Business Area

B.

In Accordance With Texas Government Code, Section 551.087, To Discuss Or Deliberate Regarding Commercial Or Financial Information That The City Has Received From A Business Prospect That The City Seeks To Have Locate, Stay, Or Expand In Or Near The Territory Of The City Of Fate And With Which The City Is Conducting Economic Development Negotiations; And To Deliberate The Offer Of A Financial Or Other Incentive To The Business Prospect:

1.

RCAD 16474

6.

RECONVENE INTO REGULAR SESSION: IN ACCORDANCE WITH TEXAS GOVERNMENT CODE, CHAPTER 551, THE FATE MUNICIPAL DEVELOPMENT DISTRICT NO. 1 WILL RECONVENE INTO REGULAR SESSION TO CONSIDER ACTION, IF ANY, ON MATTERS DISCUSSED IN EXECUTIVE SESSION

7.

DISCUSS, CONSIDER, AND TAKE ANY NECESSARY ACTION REGARDING amending the THE FATE MUNICIPAL DEVELOPMENT DISTRICT NO. 1 FY 2020-2021 budget.

8.

DISCUSS, CONSIDER, AND TAKE ANY NECESSARY ACTION REGARDING APPROVING THE FATE MUNICIPAL DEVELOPMENT DISTRICT NO. 1 PROPOSED FISCAL YEAR 2021-2022 BUDGET.

9.

Adjournment

In addition to any executive session already listed above, the Fate Municipal Development District No. 1 Board of Directors reserves the right to adjourn into executive session at any time during the course of this meeting to discuss any of the matters listed above, as authorized by Texas Government Code for the following purposes: 

§551.071 Consultations with Attorney
§551.072 Deliberations regarding Real Property
§551.074 Personnel Matters 
§551.076 Deliberations regarding Security Devices
§551.087 Deliberations regarding Economic Development Negotiations

This building is wheelchair accessible. Any request for accommodations or interpretive services must be made 48 hours prior to this meeting. Please contact the City Secretary’s Office at (972) 771-4601 Ext. 103 for further information.

I certify that the above NOTICE OF MEETING was filed and posted on the Bulletin Board at City Hall, 1900 CD Boren Parkway, City of Fate, Texas on the 26th day of May, 2021, at 4:25 P.M. and remained so posted until removed as indicated below, pursuant to the Texas Open Meetings Act. This notice was likewise posted on the city website at www.cityoffate.com.


Victoria Raduechel, TRMC, City Secretary

Removed from the Bulletin Board at City Hall on the ____ day of _________, 2021, by _______________________.