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12.08.04 PEDC MinutesTown of Prosper Economic Development Corporation Minutes Special Meeting of the Prosper Economic Development Corporation And Town Council, 111. W. Broadway (Annex), Prosper, TX December 8, 2004 7:00 p.m. 1. Meeting was called to order by PEDC Board Chairman, Ray Smith, at 7:05 p.m. Members present were Bob Luckock, Lisa Dritschler, Jim Campbell and Dan Tolleson. 2. Motion to recess into Closed Session with compliance on with Section 551.001 Et. Seq.Texas Government Code, to wit: Deliberations regarding commercial or financial information that the Prosper Economic Development Corporation has received from business prospects that the Prosper Economic Development Corporation seeks to have locate, stay, or expand in the Town and with which the Prosper Economic Development Corporation is conducting economic development negotiations for retail and commercial development. Motion was made by Bob Luckock and seconded by Lisa Dritschler to recess into closed session. Motion carried 5-0. Time 7:12 p.m. 3. Motion to reconvene into open session was made by Jim Campbell and seconded by Dan Tolleson. Motion carried by vote to 5-0. 4. No action necessary as a result of closed session. 5. Motion to adjourn was made by Dan Tolleson and seconded by Jim Campbell. Vote 5-0. 6. Adjourned at 9: 15 p.m. Respectfully , Bob Luckock, Secretary of Prosper Economic Development Corporation AA—WRL4008.doc