12.13.2005 Town Council, PEDC Joint MinutesPI�SPER
OWN OF
1. Call to Order/ Roll Call.
The meeting was called to order at 5:07 p.m.
Minutes (approved)
Joint Meeting of the Prosper Town Council and
Prosper Economic Development Corporation
800 Somerville Drive
Folsom Elementary School (Community Room)
Tuesday, December 13, 2005 at 5:00 p.m.
Council present included: Mayor Charles Niswanger, Mayor Pro -Tem Lisa Dritschler, Dave Turley, Kevin Drown, Mike Wadsworth,
and David Bristol.
Staff present included: Town Administrator, Doug Mousel and Town Secretary, Shanae Jennings.
2. Recess into closed session in accordance with Section 551.001 et Seq. Texas Government Code, to wit: Section
551.087 - Discuss and deliberate financial information that the Town Council and PEDC have received from a business
prospect that the Town Council and PEDC seek to have locate, stay, or expand in or near the territory of the Town
Council and PEDC and with which the Town Council and PEDC are conducting economic development negotiations
and to deliberate the offer of a financial or other incentive to such business prospect.
Council recessed into executive session at approximately 5:04 p.m.
Council reconvened temporarily from executive session at approximately 6:04 p.m.
Council reconvened back into executive session at approximately 6:17 p.m. At this time Mayor Pro -Tem Lisa Dritschler and David
Bristol excused themselves for personal reasons.
3. Reconvene into regular session and take any action necessary as a result of the closed session.
Council reconvened into regular session at 6:50 p.m.
4. Adjourn
Motion by Mike Wadsworth, seconded by Dave Turley to adjourn. Motion approved 3-0.
Attest:
A,
Jennings, To Secretary A, Charles Niswanger, ayor
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