1.     Discussion, consideration  and action on City of Hidalgo's  request for a proposed Tax Increment Reinvestment Zone pursuant to the "Preliminary Project Plan and Financing Plan For Reinvestment Zone Number One, City of Hidalgo, Texas, Hidalgo Re-Development Program" submitted by the City of Hidalgo, including request for approval of the County's participation in the Reinvestment Zone upon the City of Hidalgo's creation thereof, commencing with a base year of January 1, 2006, by contributing 100% of the tax increment for the life of the zone commencing with the 2006 tax year, subject to the creation of the zone by the City of Hidalgo in accordance with the preliminary plan submitted to the County and the negotiation and execution of an appropriate interlocal agreement with the City of Hidalgo and the zone.

2.     Request by the City of Hidalgo for waiver of 60 day notice requirement pursuant to Section 311.003(e) of the Texas Tax Code.

3.     Designation of a representative to meet with the City of Hidalgo pursuant to Section 311.003(g) of the Texas Tax Code.