Stephenville city councilors will once again convene to discuss a Memorandum of Understanding with Lowe’s Home Centers, Inc. during their regular business meeting this Tuesday at 5:30 p.m.

Councilors took no action on the MOU with Lowe’s at their March 4 meeting, but opted to forward the item to the city’s Finance Committee for further review a week later.

At that time several councilors on the committee held a lengthy discussion focusing on the extension of Wolfe Nursery Road into property being eyed by Lowe’s Home Centers, Inc., the city’s Finance Committee gave approval to forward a recommendation to the city council to provide some assistance in constructing an entryway to the proposed retail center.

The finance committee debated the city’s requirements and what Lowe’s plans to include in their proposed store site design, but came to an agreement to provide funding for half of the road’s cost not to exceed $500,000.

Although the final decision to enter into a MOU rests with the council Tuesday night, the Finance Committee in a 2-1 decision, made a recommendation to provide some assistance and require the developer to stick to the existing design of a four-lane concrete thoroughfare, matching Wolfe Nursery Road north of US Hwy. 377.

The council is also set to hear an annual report from Fire Chief Jimmy Chew regarding the local fire department’s activities and statistics from the previous year.

Councilors will also review a report from the Personnel Committee concerning city employees’ benefits package, including a bid award for health insurance. The committee met last week to discuss the benefits, and forwarded their recommendation to the council.

Councilors will consider and possibly adopt a resolution Tuesday night to create a non-profit trust for the “procurement, management and maintenance of group health, accident, dental and life insurance, disability benefits and other health benefits for the city’s employees.”

Other items to be discussed at this week’s meeting include:

• A report from the Public Health and Safety Committee, after which the council could approve a contract with Mike Pietsch, P.E., for consulting services for phases two and three of the ISO study.

• Bid awards for the city’s storm water drainage project, Methodist Branch Phase II, ambulance and the 2008 street renovation project.

• Possibly approve a resolution for an advance funding agreement with the Texas Department of Transportation for the city’s Bosque River Trail.

City Administrator Mark Kaiser is also expected to provide an update on current projects within the city.