Status report from County attorney’s office on the legal opinion provided by outside counsel regarding a proposed Chapter 381 Cuatro Vientos Economic Development Agreement between Laredo Four Winds II and 4V Holdings, Ltd. and Webb County; and any other matters incident thereto.
Issue: The court authorized the legal services of Allison, Bass & Magee, LLP to assist the county attorney’s office in the formal contractual negotiations with Laredo Four Winds II and 4V Holdings, Ltd. for a potential Chapter 381 economic development agreement with the county.
Solution: Outside counsel has provided a legal opinion to the county regarding this matter.
Result: Finalize legal questions surrounding request for Chapter 381 economic development with the county.