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Executive session pursuant to Texas Government Code § 551.071 and Texas Disciplinary Rules of Professional Conduct Rule 1.05 to consult with attorneys concerning legal issues related to the potential long-term agreement with 1PointFive USA, LLC (aka 1P5, a subsidiary of Occidental Petroleum Corporation) to purchase reclaimed water from the City’s Greenwood Wastewater Treatment Plant and potential easements or other property rights to be purchased by 1P5 from the City in areas adjacent to or near the Greenwood Plant and Texas Government Code § 551.072 to discuss and deliberate the potential purchase or value of the aforementioned property rights because deliberation in an open meeting would have a detrimental effect on the position of the governmental body in negotiations with a third person
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