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06.14.06 PEDC Special Meeting Agenda AGENDA Special Meeting of the Economic Development Corporation 121 W. Broadway Street, Prosper, Texas Wednesday, June 14, 2006 - 7:00 p.m. or immediately following the Impact Fee Advisory Committee Meeting 1. Call to Order / Roll Call. 2. Consider and act upon minutes of the May 17, 2006 Regular Meeting of the Prosper Economic Development Corporation. 3. Consider and act upon financial statements of the Prosper Economic Development Corporation for the month ending May 31, 2006. 4. Comments from Citizens. The EDC may receive input from the public; however, a topic may not be discussed by the EDC unless the topic is specifically listed on the meeting agenda. 5. Consider and act on the PEDC FY 06-07 Budget. 6. Receive update on the following items, discuss and take any necessary action: A. Development applications and requests for business assistance B. Development of land uses adjacent to the BNSF railroad 7. Recess into Closed Session in compliance with Section 551, Texas Government Code, to wit: A. Section 551.087 (Economic Development Negotiations) – Deliberations regarding commercial or financial information that the Economic Development Corporation has received from business prospects that the Economic Development Corporation seeks to have locate, stay, or expand in the Town and with which the Economic Development Corporation is conducting economic development negotiations. 8. Reconvene into regular session and take any action necessary as a result of the closed session. 9. 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 the following date and time: Friday, June 9, 2006 by 5:00 p.m. and remained so posted at least 72 hours before said meeting was convened. ________________________________________________________________ ________________________________________________ Karen P. Gandy, Executive Director, Prosper Economic Development Corporation Date Notice Removed In addition to any specifically identified Executive Sessions, the Economic Development Corporation may convene into Executive Session under Section 551 of the Texas Government Code at any point during the open meeting to discuss any item posted on this agenda. The Open Meetings Act provides specific exceptions that require that a meeting be open. Should the Economic Development Corporation choose to convene into Executive Session, those exceptions will be specifically identified and announced. Any subsequent action, as a result of this Executive Session, will be taken and recorded in open session