10.17.18 PEDC Agenda
Meeting of the Prosper
Economic Development Corporation
130 N. Preston Rd., Suite 130
Prosper, Texas 75078
Wednesday, October 17, 2018 6:00 P. M.
Call to Order and Announce a Quorum is Present
1. Comments from Citizens (The EDC may receive input from citizens only on topics that are not listed
on the agenda).
2. Introduction and welcome of Don Perry to the PEDC Board of Directors.
3. Election of Officers to the Board of the PEDC.
4. Approval of Minutes from the Special Meeting on September 20, 2018.
5. Approval of PEDC Financial Report for the month of September 2018, and Take any Additional
Action Necessary.
6. Consider and act upon amending Prosper EDC FY 2017-2018 Adopted Budget.
7. Consider and act on an Economic Incentive payment to Albin Roach, PLLC.
8. Business Retention and Expansion Meetings Update.
9. CEO’s Report: Administrative and Marketing Activities of the PEDC and Upcoming Events.
10. Confirm or Change the Next PEDC Board Meeting scheduled for Wednesday, November 21, 2018.
11. Convene into Closed Executive Session Pursuant to Texas Government Code;
o 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
o Section 551.074; Deliberation of Personnel Matters related to the following:
o Staffing of Prosper EDC office
o Section 551.072; To deliberate the purchase, exchange, lease or value of real property located:
o North of 380, west of Preston Rd., east of FM 1385, south of Frontier Parkway.
12. Reconvene into Open Session and Take Any Action Necessary as a Result of Closed Session
Deliberations.
13. Adjourn.
Note: The order in which items are heard on the agenda is subject to change
Certification
I, the undersigned authority, do hereby certify that this Notice of Meeting was posted on the inside window at the Town Hall of the Town of Prosper,
Texas, a place convenient and readily accessible to the general public at all times, and said Notice was posted on October 12, 2018, at 5:00 p.m.
and remained so posted at least 72 hours before said meeting was convened.
______________________________ _____________________
Date Notice Removed
Pursuant to Section 551.071 of the Texas Government Code, the Town Council reserves the right to consult in closed session with its attor ney and
to receive legal advice regarding any item listed on this agenda.
As authorized by Section 551.071(2) of the Texas Government Code, this meeting may be convened into closed Executive Session for the purpose
of seeking confidential legal advice from the Corporation’s attorney on any agenda item listed herein.
Notice
Pursuant to Town of Prosper Ordinance No. 13-63, all speakers other than Town of Prosper staff are limited to three (3) minutes per person, per
item, which may be extended for an additional two (2) minutes with approval of a majority vote of the Prosper EDC Board of Di rectors.
NOTICE OF ASSISTANCE AT PUBLIC MEETINGS: Prosper Economic Development Corporation meetings are wheelchair accessible. For
special services or assistance, please contact the Town Secretary’s Office at (972) 569 -1011 at least 48 hours prior to the meeting time.