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HomeMy WebLinkAboutCity Council Resolutions (R-26-5115)-02/03/2026RESOLUTION R-26-5115 A RESOLUTION APPROVING COUNCIL ACTION REGARDING EXECUTIVE SESSION ITEMS AT THE REGULAR CITY COUNCIL MEETING OF FEBRUARY 3, 2026 WHEREAS, following discussion in Executive Session, and in full accordance with the requirements of the Open Meetings Act, the City Council determines that the following action is in the best interests of the health, safety, and welfare of the public. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Sec. 1. THAT the City Council hereby authorizes and approves a B.E.S.T. program economic development reimbursement grant incentive agreement with each of the following: a. Art Algebra, in an amount not to exceed $15,000.00, for improvements to 1001 Glade Road. b. Modern Grace & Co., in an amount not to exceed $25,000.00, for improvements to 55 Main Street, Suite 175. c. AVVA Ventures LLC, in an amount not to exceed $25,000.00, for improvements to 5121 Thompson Terrace. d. Donate2Impact (Thrift Giant), in an amount not to exceed $100,000.00, for improvements to 3901 Colleyville Boulevard. Sec. 2. THAT the City Manager, or his designee, is authorized to execute all documents necessary to effectuate the foregoing agreements. AND IT IS SO RESOLVED. Resolution R-26-5115 Page 2 of 2 APPROVED BY A VOTE OF 7 AYES, 0 NAYS ON THIS THE 3RD DAY OF FEBRUARY 2026. Mayor Bobby Lindamood Aye Mark Alphonso, Place 2 Aye Mayor Pro Tern Brandi Elder Aye Ben Graves, Place 4 Aye Deputy Mayor Pro Tern Scotty Richardson Aye Tim Raine, Place 6 Aye Kimberly Holt Gunderson, Place 5 Aye ATTEST: OFJaZol LEYVILLE Christine Loven obb Li City Secretary, TRMC Mayor