Commissioners Court Meeting

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Meeting Date:	08/09/2021
Laredo Outlet Shoppes Claim - Settlement
Submitted for:	Nathan Bratton	Submitted By:	Nathan Bratton
Department:	Civil Legal Division

Subject:

Status report, discussion and possible action regarding the compromise and settlement of the claim of Laredo Outlet Shoppes, LLC pursuant to the Commissioners Court authority under Chapter 89, §89.004, Texas Local Government Code and any matters incident thereto. [Closed Session/Executive Session may be requested pursuant to Texas Government Code §551.07, Consultation with Attorney, pending or contemplated litigation]

Background:

Laredo Outlet Shoppes has submitted a demand/claim regarding an abatement agreement. The Commissioners Court has authority to settle such claims.

Previous Court Action:

Fiscal Impact

Budget Account Number:	n/a
Funding Source:	n/a
Balance:	n/a
Financial Impact:
Unknown but if settlement approved it will require a reimbursement of ad valorem taxes paid.