10.24.2019 PEDC Special MinutesProsper
ECONOMIC
DEVELOPMENT
CORPORATION
Special Called Meeting of the Prosper
Economic Development Corporation
130 N. Preston Rd., Suite 130
Prosper, Texas 75078
Wednesday October 24, 2019 — 6:00 P.M.
Call to Order and Announce a Ouorum is Present
Board President Jim Wicker called the meeting to order at 6:03 P.M. Board members present: Vice President
David Bristol, Mayor Ray Smith, Treasurer Roger Thedford, and Board members Reno Jones and Don Perry.
Board member absent was Secretary Jordan Simms.
Board President Jim Wicker recessed the regular meeting at 6:03 P.M.
1. Convene into Closed Executive Session Pursuant to Texas Government Code:
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.
Board President Jim Wicker called the meeting into Closed Executive Session at 6:03 P.M.
The PEDC Board met in Executive Session from 6:03 P.M. to 6:23 P.M.
2. Reconvene into Open Session and Take Any Action Necessary as a Result of Closed Session Deliberations.
Board President Jim Wicker reconvened the meeting into Open Session at 6:23 P.M.
David Bristol made a motion to authorize the President to sign an offer for the purchase of property located north
of 380, west of Preston Rd., east of FM 1385, south of Frontier Parkway. The motion was seconded by Roger
Thedford and approved 6-0 by all board members present.
3. Adjourn
Ray Smith moved to adjourn. The motion was seconded by Don Perry.
The PEDC Board meeting adjourned at 6:24 P.M.
Jo an Simms — Secretary Date