10.06.04 PEDC MinutesTown of Prosper
Economic Development Corporation
Minutes (Unapproved)
Regular Meeting of Prosper Economic Development Corporation
113 W. Broadway Street
City Hall Annex
Wednesday, October 6, 2004, 7:00 p.m.
1.Call to Order:
The meeting was called to order at 7:00 p.m. by EDC Board President Ray Smith.
Members present: Bob Luckock, Dan Tolleson and Jim Campbell (arrived at 7:20).
Member not present: Lisa Dritschler.
Staff present: EDC Ex. Director Doug Mousel and Judy Rucker, EDC Facilitator.
2. Approval of the August 4, 2004 Minutes
Motion was made by Dan Tolleson and seconded by Bob Luckock to accept the
minutes as written for the August 4, 2004 Regular Meeting. Motion carried 3-0.
The PEDC did not meet during the month of September.
3. Acceptance of Financial Report as of September 30, 2004.
Bob Luckock made the motion to approve the reconciled financial statements,
balance sheet and profit and loss reports for the months of August and September;
also the printed Balance Sheet and Profit & Loss information for the 2003-2004 fiscal
year. Dan Tolleson seconded the motion. Motion carried 3-0.
4. Current and pending construction projects and annexation, zoning and
development.
Doug Mousel, PEDC Executive Director, gave an update on the current and pending
construction projects and annexation, zoning and development applications. He
reminded the board that all of this information is posted on the Towds
website at www.proMertx.gov. Discussion followed and Doug answered questions
made by board members.
QWIy Documents%—WRL4008.doc
5. Hiring of an Executive Director of the Prosper Economic Development
Corporation.
The PEDC Board reviewed the Job Description for a full time Executive Director.
Discussion followed about the timing of hiring a person for this position.
Doug was instructed to post the position on the Town's website. He is to interview
the applicants and bring the top three applicants' names back to the board for a final
decision.
b. Agreement between the Prosper Economic Development Corporation and the
City of Frisco.
Jim Campbell made the motion and Tan Tolleson seconded that the EDC Board
authorize the PEDC Executive Director to execute the agreement between the PEDC
and the City of Frisco to continue the services to provide geographic information for
the Town of Prosper. The motion carried 4-0.
7. Current and future availability of infrastructure within the Town.
Discussion followed concerning the amount of funds allotted for future
infrastructure within the Prosper ETJ and what businesses would be viable for
encouragement to come to Prosper within the next 3 years.
8. Adjourned at 8:20 p.m.
Jim Campbell made motion for meeting to be adjourned at 8:20. Bob Luckock
seconded, Motion carried 4-0.
Approved:
Bob Luckock, Secretary , Prosper Economic Development Corp.
Date
Attest:
Judy Rucker, Assistant Secretary
QWy bocumentshWRL4008.doc 2
Town of Prosper
Economic Development Corporation
Minutes (Unapproved)
Regular Meeting of Prosper Economic Development Corporation
113 W. Broadway Street
City Hall Annex
Wednesday, October 6, 2004, 7:00 p.m.
1.Call to Order:
The meeting was called to order at 7:00 p.m. by EDC Board President Ray Smith.
Members present: Bob Luckock, Dan Tolleson and Jim Campbell (arrived at 7:20).
Member not present: Lisa Dritschler.
Staff present: EDC Ex. Director Doug Mousel and Judy Rucker, EDC Facilitator.
2. Approval of the August 4, 2004 Minutes
Motion was made by Dan Tolleson and seconded by Bob Luckock to accept the
minutes as written for the August 4, 2004 Regular Meeting. Motion carried 3-0.
The PEDC did not meet during the month of September.
3. Acceptance of Financial Report as of September 30, 2004.
Bob Luckock made the motion to approve the reconciled financial statements,
balance sheet and profit and loss reports for the months of August and September;
also the printed Balance Sheet and Profit & Loss information for the 2003-2004 fiscal
year. Dan Tolleson seconded the motion. Motion carried 3-0.
4. ,Current and pending construction projects and annexation, zoning and
development.
Doug Mousel, PEDC Executive Director, gave an update on the current and pending
construction projects and annexation, zoning and development applications. He
reminded the board that all of this information is posted on the Town's
website at www.prospertx.gov. Discussion followed and Doug answered questions
made by board members.
C:Wy Documents\ WRL4008.doc
5. Hiring of an Executive Director of the Prosper Economic Development
Corporation.
The PEDC Board reviewed the Job Description for a full time Executive Director.
Discussion followed about the timing of hiring a person for this position.
Doug was instructed to post the position on the Town's website. He is to interview
the applicants and bring the top three applicants' names back to the board for a final
decision.
6. Agreement between the Prosper Economic Development Corporation and the
City of Frisco.
Jim Campbell made the motion and Tan Tolleson seconded that the EDC Board
authorize the PEDC Executive Director to execute the agreement between the PEDC
and the City of Frisco to continue the services to provide geographic information for
the Town of Prosper. The motion carried 4-0.
7. Current and future availability of infrastructure within the Town.
Discussion followed concerning the amount of funds allotted for future
infrastructure within the Prosper ETJ and what businesses would be viable for
encouragement to come to Prosper within the next 3 years.
8. Adjourned at 8:20 p.m.
Jim Campbell made motion for meeting to be adjourned at 8:20. Bob Luckock
seconded, Motion carried 4-0.
Approved: �L. - /r ,- co
Bob Luckock, Secretary , Prosper Economic Development Corp.
Date
Attest:
,, Assistant Secretary
CAMy Documents\ WRL4008.doc 2