Consider adopting a resolution authorizing: A

Staff Report & Agenda Item Details

Consider adopting a resolution authorizing: A. An Agreement to Assign Purchase Agreement and Escrow Agreement with Rowan Terra LLC for the City’s acquisition of approximately 147.47 acres in north Temple for a purchase price of approximately $15,300,000 (not including closing costs), to support mobility infrastructure and future landfill expansion, and to declare an official intent to reimburse initial due-diligence and earnest-money expenditures with the issuance of the 2026 Certificates of Obligation; B. A Development Agreement with Rowan Temple LLC for development of the Project Temple data center campus; and C. A Development Agreement with Rowan Terra LLC for development of the Project Stampede data center campus. The City Council reserves the right to discuss any items in executive (closed) session whenever permitted by the Texas Open Meetings Act. Notice of Meetings: The Mayor and/or City Council have been invited to attend and/or participate in the following meetings/conferences/events. Although a quorum of the members of the City Council may or may not be available to attend this meeting, this notice is being posted to meet the requirements of the Texas Open Meetings Act and subsequent opinions of the Texas Attorney General's Office. No official action will be taken by Council. Tax Increment Financing Reinvestment Zone Number One: Board of Directors Tax Increment Financing Reinvestment Zone Number One: Project Committee Tax Increment Financing Reinvestment Zone Number One: Financing Committee I hereby certify that a true and correct copy of this Notice of Meeting was published to the City of Temple’s website at, 11/14/2025 1:24:18 PM. City Secretary, TRMC, CMC SPECIAL ACCOMMODATIONS: Persons with disabilities who have special communication or accommodation needs and desire to attend this meeting should notify the City Secretary's Office by mail or telephone 48 hours prior to the meeting date.