09.15.2021 PEDC MinutesP-n1-%SPEK-I EXAS
ECONOMIC DEVELOPMENT CORPORATION
Meeting of the Prosper
Economic Development Corporation
121 West Broadway Street
Prosper, Texas 75078
Wednesday, September 15, 2021, 6:00 P.M.
Call to Order and Announce a Ouorum is Present
Board President David F. Bristol called the meeting to order at 6:00 P.M. Board members present were Vice
President Jordan Simms, Mayor Ray Smith, David Blom and Reno Jones. Board members absent were
Secretary Don Perry, who was on conference call during the open session, and Treasurer Roger Thedford.
Executive Director Mary Ann Moon and Economic Development Specialist Susanne Barney were present. No
citizens were present.
1. Comments from Citizens
No comments were made.
2. Approval of Minutes from the August 18, 2021, PEDC board meeting.
Ray Smith made a motion to approve the minutes from the August 18, 2021, PEDC board meeting. The motion
was seconded by Reno Jones and approved 5-0 by all board members present.
3. Consider and Act on approval of PEDC Financial Report for the month of August 2021. Take any
additional action necessary.
President David F. Bristol postponed item #3 until the next board meeting due to the absence of Treasurer Roger
Thedford.
4. Executive Director's Report: Administrative and Marketing Activities of the PEDC and Upcoming Events.
Mary Ann Moon gave an update to the board and staff including:
Our new HVAC contract and services agreement.
The decision not to renew our subscription to Impact Data Source at this time.
The decision not to conduct a new traffic study at this time.
Reno Jones was thanked by the board and staff for his dedicated service on the PEDC Board of Directors for the
past 9 years. He will be missed.
5. Confirm or Change the Next PEDC Board Meeting scheduled for Wednesday, October 20, 2021.
The next PEDC Board Meeting is confirmed as Wednesday, October 20, 2021.
Board President David F. Bristol recessed the regular meeting at 6:32 P.M.
6. Convene into Closed Executive Session Pursuant to Texas Government Code:
Section 551.087 To discuss and consider economic development negotiations to deliberate commercial and
financial information and economic incentives related thereto.
Section 551.072 — To discuss and consider purchase, exchange, lease or value of real property for municipal
purposes and all matters incident and related thereto.
0 Section 551.074 To discuss and consider personnel matters and all matters incident and related thereto.
Board President David F. Bristol called the meeting into Closed Executive Session at 6:32 P.M.
The PEDC Board met in Closed Executive Session from 6:32 P.M. to 8:04 P.M.
7. Reconvene into Open Session and Take Any Action Necessary as a Result of Closed Session Deliberations.
PEDC Minutes —page 2
Board President David F. Bristol reconvened the meeting into Open Session at 8:04 P.M.
No action was taken.
8. Adjourn
Ray Smith made a motion to adjourn. The motion was seconded by Reno Jones.
The PEDC Board meeting adjourned at 8:05 P.M.
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Don ry — Secretary Date