05.26.2015 PEDC Minutes1
Prosper
ECONOMIC
DEVELOPMENT
CORPORATION
MINUTES
Meeting of the Prosper Economic Development Corporation
170 N. Preston Rd., Suite 50
Prosper, Texas 75078
Tuesday, May 26, 2015.5:00 p.m.
Call to Order and Announce a Quorum is Present
Board President Jim Wicker called the meeting to order at 5:00 p.m. Board members present were Mayor
Ray Smith, Roger Thedford, Gary Jackson, David Bristol, Jordan Simms, Jim Wicker and Reno Jones.
PEDC Executive Director Robert Winningham, Economic Development Specialist Garrett Weaver and
Economic Development Assistant Sam Blatt were also present.
1. Comments from Citizens (The EDC may receive input from citizens only on topics that are not listed on
the meeting agenda)
There were no comments from citizens.
2. Approval of Minutes from the Regular Meeting on April 15, 2015
Ray Smith moved to approve the April 15, 2015 Regular Meeting Minutes. The motion was seconded by David
Bristol and was unanimously approved by all Board members present.
3. 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:
Board President Jim Wicker called the meeting into Executive Session at 5:02 p.m. to discuss:
• Retail Development
• Office Development
Board President Jim Wicker reconvened the meeting into Open Session at 5:19 p.m.
4. Reconvene into Open Session and Take Any Action Necessary as a Result of Closed Session Deliberations
No action taken.
5. Town of Prosper Report: Update on Various Activities and Projects by the Town
Mayor Ray Smith gave an update on various projects and issues pertaining to the Town of Prosper.
6. Executive Director's Report: Administrative and Marketing Activities of the PEDC and Upcoming Events
PEDC Executive Director Robert Winningham presented updates on projects on which the PEDC staff is
working.
7. Confirm Next Regularly Scheduled PEDC Board Meeting on June 17, 2015
It was determined that the next regularly scheduled Board meeting will be held on June 17, 2015 notwithstanding any
unforeseen circumstances.
8. Adjourn
The PEDC Board meeting adjourned at 5:22 p.m. with a motion from David Bristol and seconded by Jordan
Simms. The motion was passed unanimously.
ordan Sim — PEDC Secretary Date