Department of Economic Development
Reference: Executive Session
To: Mayor Gregory Mills and Members of City Council
Through: Michael P. Martinez, City Manager
Prepared By: Michael P. Martinez, City Manager and Alicia Calderón, City Attorney
Date Prepared: June 10, 2025
PURPOSE
To discuss in executive session issues subject to negotiation, to receive reports on negotiation progress and status, and to determine a position or instruct negotiators.
BACKGROUND
The Brighton Economic Development Corporation (Brighton EDC) along with other City staff members has been working with a retail prospect on a potential location in Brighton. The prospect is seeking economic development incentives in order to close a financial gap in their proforma. Staff would like to discuss the potential options for incentives in order to further negotiations with the prospect.
OPTIONS FOR COUNCIL CONSIDERATION
City Council may motion, with the affirmative vote of two-thirds of the quorum present, to recess for an executive session pursuant to C.R.S. § 24-6-402(4)(e) and Charter Section 5.4(C)(1) to determine a position on matters that may be subject to negotiations and to instruct negotiators.
ATTACHMENTS
None