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The council approved an amendment to development standards for Planned Development 55 on approximately 5.3 acres near FM 2181 and FM 2499, and approved a revised Chapter 380 economic development incentive agreement with MMD Development, LLC. Both actions received five recorded yes votes. A separate 2.5-acre rezoning request near Corinth Parkway and Shady Rest Lane was withdrawn by the applicant and received no action.
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The approved zoning amendment changes development rules for the Planned Development 55 property. The revised incentive agreement provides an economic development arrangement with MMD Development, LLC, but the minutes do not include its financial terms. The council also discussed the Capital Improvement Program and provided staff direction, without recording specific details.
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