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2007-10-31Special October Term Held October 31, 2007 THE STATE OF TEXAS § COUNTY OF CALHOUN § BE IT REMEMBERED, that on this 31'` day of October, A.D., 2007 there was begun and holden in the Commissioners' Courtroom in the County Courthouse in the City of Port Lavaca, said County and State, at 10:00 A.M., a Special Term of the Commissioners' Court within said County and State, and there were present on this date the following members of the Court, to -wit: Michael J. Pfeifer County Judge Roger c. Galvan Commissioner, Precinct 1 Vern Lyssy Commissioner, Precinct 2 Neil E. Fritsch Commissioner, Precinct 3 Kenneth W. Finster Commissioner, Precinct 4 Wendy Marvin Deputy County Clerk Thereupon the following proceedings were had: Commissioner Galvan gave the Invocation and Commissioner Finster led the Pledge of Allegiance. REQUEST BY BLACKBERRY ISLAND, L.P. FOR DRAWDOWN OF CASH DEPOSIT HELD BY THE COUNTY AS SECURITY FOR INFRASTRUCTURE AT CARACOL SUBDIVISION, PORT O'CONNOR, TEXAS: A Motion was made by Commissioner Finster and seconded by Commissioner Fritsch to approve the release of the letter of credit contingent on Blackberry placing for escrow the sum of $10,000 in AMO's trust until such time as a dispute between two contractors has been resolved, as that is the only funds left unpaid to contractors and all of the work is complete. Commissioners Galvan, Lyssy, Fritsch, Finster and Judge Pfeifer all voted in favor. EXECUTIVE SESSION: The Court, being in open session, in compliance with the pertinent provisions of the Vernon's Texas Code Annotated, Government Code, Section 551, Subchapter D, the County Judge as presiding officer, publicly announced at 10:05 a.m. that a closed session would now be held under the provision of Section 551.087; a governmental body may conduct a closed meeting to (1) Discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations; or (2) To deliberate the offer of a financial or other incentive to a business prospect described by Subdivision (1) The Court then went into closed session. At the end of the closed session, the meeting was reopened to the public at 12:00 a.m. No action was taken by the Court. Court adjourned at 12:01 a.m.