06.21.2017 PEDC Minutes7
Prosper
ECONOMIC
DEVELOPMENT
CORPORATION
Meeting of the Prosper Economic Development Corporation
170 N. Preston Rd., Suite 50
Prosper, Texas 75078
Wednesday, June 21, 2017 - 6:00 p.m.
Call to Order and Announce a Ouorum is Present
Board President Jim Wicker called the meeting to order at 6:00 p.m. Board members present were, Board Vice
President David Bristol, Mayor Ray Smith, Board Member Reno Jones, Secretary Jordan Simms. Treasurer
Roger Thedford and Board Member Billy Hurst were not present. PEDC Assistant Susanne Barney was also
present.
1. Comments from Citizens (The EDC may receive input from citizens only on topics that are not listed on the
meeting agenda)
John Herring gave an update on the renovations to the First Baptist Church. Mike Daugherty gave an update on
the new construction of the Executive Office Building.
2. Approval of Minutes from the Regular Meeting on May 17, 2017.
David Bristol moved to approve the minutes from the Regular Meeting on May 17, 2017. The motion was
seconded by Ray Smith and was unanimously approved by all Board members present.
Approval of PEDC Financial Report for the month of May 2017, and Take any Additional Action
Necessary.
Ray Smith overviewed the finances and moved to approve the PEDC Financial Report for the month of May, 2017.
The motion was seconded by Jordan Simms and unanimously approved by all Board members present.
4. Town of Prosper Report: Update on Various Activities and Projects by the Town.
Mayor Ray Smith gave an update on Town activities.
5. Executive Director's Report: Administrative and Marketing Activities of the PEDC and Upcoming Events.
President Jim Wicker gave an update on the recent activities and projects.
6. Confirm the next Regularly Scheduled PEDC Board Meeting is Wednesday, July 19, 2017 at 6:00 P.M.
The Board confirmed that the next regularly scheduled meeting of the PEDC is Wednesday, July 19, 2017 at 6:00
P.M.
Board President Jim Wicker recessed the regular meeting at 6:15 P.M.
7. Convene into Closed Executive Session Pursuant to Texas Government Code:
• Section 551.087; Deliberation of Economic Development Negotiations to Deliberate Commercial
and Financial Information and Economic Incentives relating to the following:
o Retail Development
o Office & Corporate Development
+ Section 551.074; Deliberation of Personnel Matters
o Staffing of Prosper EDC office
Board President Jim Wicker called the meeting into Closed Executive Session at 6:20 P.M.
The PEDC Board met in Executive Session from 6:20 P.M. to 6:55 P.M.
8. Reconvene into Open Session and Take Any Action Necessary as a Result of Closed Session Deliberations.
PEDC Minutes —page 2
Board President Jim Wicker reconvened the meeting into Open Session at 6:55 P.M.
No action was taken.
9. Adjourn
The PEDC Board meeting adjourned at 6:56 P.M.
Jord Simms - Secretary Date
CERTIFIED EXECUTIVE SESSION AGENDA
Date: June 21, 2017
I, Jim Wicker, Board President of the Prosper Economic Development Corporation, hereby convene
into Executive Session at p.m. on the 21st day of June, 2017.
The following Board Members were in attendance:
Board Members
Jim Wicker
-,Ray Smith
_Roger Thedford
of David Bristol
V Reno Jones
Jordan Simms
Billy Hurst
Staff Members
_Susanne Barney
Others
_ Pete Smith, Attorney
Recess into Closed Session in compliance with Section 551.001 et. seq. Texas Government Code, as
authorized by the Texas Open Meetings Act, to deliberate regarding:
Section 551.087; Deliberation of Economic Development Negotiations to deliberate
Commercial and Financial Information and Economic Incentives relating to the
following:
o Retail Development
o Office & Corporate Development
Section 551.074; Deliberation of Personnel Matters related to the following:
o Staffing of Prosper EDC office
I, Jim Wicker, hereby adjourn the Executive Session and reconvene into Open Session at
(„ sS"� p.m. on the 21st day of June, 2017. No official action was taken and if a consensus was
reached regarding any of the above issues, any subsequent action, as a result of this Executive
Session, will be taken and recorded in open session. I certify that this agenda is a true and accurate
record of the proceedings.
Ji�llClicker, Board President
Prosper Economic Development Corporation
*Note: this certified agenda must be kept a minimum of two years after the date of the Executive Session, and is
confidential. A person who knowingly and without lawful authority makes this record public commits a Class B
misdemeanor and may be held liable for actual damages, court costs, reasonable attorney's fees, and exemplary
damages. Texas Government Code § 551.145.
CERTIFIED EXECUTIVE SESSION AGENDA
Date: July 19, 2017
I, Jim Wicker, Board President of the Prosper Economic Development Corporation, hereby convene
into Executive Session at 6 p.m. on the 19th day of July, 2017.
The following Board Members were in attendance:
Board Members
YJim Wicker
Ray Smith
gRoger Thedford
2c David Bristol
_teno Jones
XJordan Simms
_Billy Hurst
Staff Members
_Susanne Barney
Others
_ Pete Smith, Attorney
Recess into Closed Session in compliance with Section 551.001 et. seq. Texas Government Code, as
authorized by the Texas Open Meetings Act, to deliberate regarding:
Section 551.087; Deliberation of Economic Development Negotiations to deliberate
Commercial and Financial Information and Economic Incentives relating to the
following:
o Retail Development
o Office & Corporate Development
Section 551.074; Deliberation of Personnel Matters related to the following.
o Staffing of Prosper EDC office
I, Jim Wicker, hereby adjourn the Executive Session and reconvene into Open Session at
�!1_3 p.m. on the 19th day of July, 2017. No official action was taken and if a consensus was
reached regarding any of the above issues, any subsequent action, as a result of this Executive
Session, will be taken and recorded in open session. I certify that this agenda is a true and accurate
record of the proceedings.
JimZicker,Board President
Prosper Economic Development Corporation
*Note: this certified agenda must be kept a minimum of two years after the date of the Executive Session, and is
confidential. A person who knowingly and without lawful authority makes this record public commits a Class B
misdemeanor and may be held liable for actual damages, court costs, reasonable attorney's fees, and exemplary
damages. Texas Government Code § 551.145.