02.06.2003 PEDC MinutesMinutes of Prosper Economic Development Corporation
February 6, 2003
The Prosper EDC met February 6, 2003, at 7:00 p.m. in the City Hall Annex,
111 W. Broadway for its Regular monthly meeting. Present were Glen Gammons,
Dan Tolleson, Jim Campbell and Judy Rucker.
The meeting was called to order by Judy Rucker in the absence of Jim
Herblin, Chairman.
A quorum was established and the new board member, Jim Campbell was
introduced.
The first item of business was the Consent Items. After reading the minutes
and Fmancial report, Dan Tolleson made the motion to accept the items, Glen
Gammons, seconded.
Mrs. Sloan and her partner, spoke to the board, seeking information on
establishing a Day Care business in Prosper. They are looking at properties on First
Street and 76 Street. They are planning on leasing, then building later if the
business is successful. The board recommended that they talk to the council
concerning the zoning and building ordinances.
Judy Rucker reported on her attendance to the TEDC Tax Law Seminar in
Abilene, Texas, January 24, 2003; Laws pertaining to organization of 4A and 4B
boards were discussed, compliance with the State Comptroller, changes that need to
be done in the Prosper EDC and our report to the State Comptrollers Office. Mrs.
Rucker reported to the board that she was meeting with the City Council on
February 11 to discuss these changes with Council
Other items of discussion were: the presentation of the Comprehensive
Master Plan by Mesa to the City Council, Status of Southwest Signs and Graphic,
and the report from the January 20, 2003 meeting of the Chamber of Commerce.
Members voiced opinions concerning (1). Participation in the City Council and
Mesa presentation (2) contacting the local Signs and Engraving of North Texas to get
a bid on them taking over the signs (3) questioning the need for a Chamber at this
time, they would like to wait until the Master Plan has been adopted. No actions
were taken.
Action Items:
Adopted a Mission Statement: To promote, encourage and enhance the creation of
businesses and jobs; to create expansion of local tax base through "projects" which
assist in the retention and expansion of existing primary employers and which
attract new primary employers and to aid in their development and growth.
Main Objective of Prosper EDC: Create businesses and jobs. To develop new
expanded business enterprises and promote gobs and development of job training.
Glen Gammons made motion to adopt the Mission Statement and Objective, Dan
Tolleson seconded.
Financial Actions: (1) Glen Gammons made motion to authorize Judy Rucker to
buy 12 folding chairs for the meeting room. Jim Cammpbell, seconded.
(2) Payment $24,473,35 to Mesa was approved by Glen Gammons making motion,
Jim Campbell seconding.