07.12.06 PEDC Special Meeting Agenda
1. Call to Order / Roll Call.
2. Consider and act upon minutes of the June 14, 2006 Special Meeting of the Prosper Economic Development
Corporation.
3. Consider and act upon financial statements of the Prosper Economic Development Co rporation 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. Presentation by Kyle Kasner, Kasner and Associates, LLC, specializing in providing state, local, and federal sales, use,
excise, and privilege tax consultations.
6. Discuss tax presentation and take any necessary action, including possibly directing staff to bring back a contract for
professional services with Kasner and Associates, LLC.
7. Discuss strategic planning process and consider possible cost participation with the Town of Prosper for professional
services to develop a Strategic Plan.
8. Discuss priority listings of Capital Improvements Plan (CIP) projects as related to economic development recruiting
efforts and consider possible recommendation to Town Council and cost participation.
9. Reconsider action on the PEDC FY 06-07 Budget.
10. Discuss topics for future Joint Meeting with Town Council.
11. Receive updates on the following items or from the following organizations, discuss and take any necessary action:
A. Current and pending construction and utility projects and annexation, zoning and development applications
B. PEDC FY 06-07 Work Plan
C. Prosper Area Chamber of Commerce
D. Prosper I.S.D.
E. Prosper Town Council
12. Recess into Closed Session in compliance with Section 551, et. Seq, Texas Government Code, to wit:
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.
13. Reconvene into regular session and take any action necessary as a result of the closed session.
14. 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, July 7, 2006 by 5:00 p.m. and remained so posted at least 72 hours before said meeting was convened.
AGENDA
Special Meeting of the Economic
Development Corporation
121 W. Broadway Street, Prosper, Texas
Wednesday, July 12, 2006 - 7:00 p.m.
AGENDA
Special Meeting of the Economic Development Corporation
121 W. Broadway Street, Prosper, Texas
Wednesday, July 12, 2006 - 7:00 p.m.
________________________________________________________________ ________________________________________________
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 re quire 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 tak en and recorded in open session.