06.02.04 PEDC MinutesTown of Prosper
Economic Development Corporation
Minutes (Unapproved)
Regular Meeting of Prosper Economic Development Corporation
113 W. Broadway Street
City Hall Annex
Wednesday, June 2, 2004, 7:00 p.m.
1. Call to Order
Meeting was called to order at 7:00 p.m. by EDC Board Chairman, Jim Herblin.
Board Members present included: Jim Herblin, Glen Gammons, and Jim Campbell.
Absent members: Dan Tolleson and Russell Kaker
Staff member present: Judy Rucker, EDC Facilitator.
2. No Citizens Presents.
3. James Campbell made motion to accept the minutes from the March 3, 2004 meeting
of the Prosper Economic Development Corporation; Glen Gammons seconded.
Motion carried 3-0.
4. The financial reports ending March 31, 2004 and April 30, 2004 were discussed.
Glen Gammons made motion to accept the March and April financial reports, Jim
Campbell seconded. Motion carried 3-0.
5. Staff presented the current and pending construction projects and annexation, and
development applications for discussion.
6. The Board was requested to view the proposed purchase of signs promoting the Town
of Prosper. After discussion of placement, Glen Gammons made motion for the
EDC to finance the proposed purchase of the signs and designate Dough Mousse, Ex
Director of the EDC to facilitate the installation ten signs. Jim Campbell seconded
the motion. Motion carried 3-0.
7. The discussion of the use of tax increment reinvestment zones, municipal utility
districts, public improvement districts and other economic development tools was
tabled until Doug Mousse could meet with the group.
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8. The directors reviewed and discussed the Comprehensive Master Plan. Doug Mousse
and/or Mitch Humble will meet with new board to answer questions and clarify
document.
9. Meeting Adjourned at 7: 35 p.m.
Respectfully,
Judy Rucker, EDC Facilitator
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