07.25.06 PEDC-TC Joint MinutesProsper
ECONOMIC
DEVELOPMENT
CORPORATION
1. Call to Order / Roll Call.
The meeting was called to order at 7:06 p.m.
APPROVED MINUTES
Joint Meeting of Prosper Town Council and
Prosper Economic Development Corporation
800 Somerville Drive, Prosper, Texas
Folsom Elementary School (Community Room)
Tuesday, July 25, 2006, immediately following Joint
Meeting of the Prosper Town Council and Prosper
Independent School District Board
Council present included: Mayor Charles Niswanger, Mayor Pro-Tem David Bristol, David Turley, Lisa Dritschler, Kevin Drown,
and Mike Wadsworth.
Prosper Economic Development Corporation Board present included: Karen Gandy, Executive Director, Jim Campbell, Bob
Luckock, Ray Smith and Dan Tolleson.
2. Discuss and provide direction to EDC staff regarding the strategic planning / goal -setting process.
Karen Gandy, Executive Director, discussed the possibility of contracting with a consultant to do a formal strategic planning
and goal setting project.
Town Council and PEDC agreed to split the cost 50/50 up to $10,000 each.
Karen Gandy and Doug Mousel, Town Administrator will be moving with the RFQ in August.
EXECUTIVE SESSION
3. Recess into Closed Session in compliance with Section 551.001 et. Seq, Texas Government Code, to wit:
Section 551.087 (Economic Development Negotiations) — Deliberations regarding commercial or financial information
that the Town Council and Prosper Economic Development Corporation have received from business prospects that
the Town Council and Prosper Economic Development Corporation seek to have locate, stay, or expand in the Town
and with which the Town Council and Prosper Economic Development Corporation are conducting economic
development negotiations. (KG)
Council and PEDC Board recessed into executive session at 7:20 p.m.
4. Reconvene into regular session and take any action necessary as a result of the closed session.
Council and PEDC Board reconvened into regular session at approximately 7:52 p.m.
No action was taken as a result of executive session.
5. Adjourn.
Meeting adjourned at 7:53 p.m.
Note: The order in which items are heard on the agenda is subject to change.
CERTIFICATION
I, the undersigned authority, do hereby certify that this Notice of Meeting was posted on the inside window at the Town Hall of the Town of Prosper, Texas, a place convenient and
readily accessible to the general public at all times, and said Notice was posted by the following date and time: Friday, July 21, 2006 at 5:00 p.m. and remained so posted at least
72 hours before said meeting was convened.
y��
Bob Ldckock, Prosp r Economic Development Secretary
Date Notice Removed
In addition to any specifically identified Executive Sessions, the Economic Development Corporation may convene into Executive Session under Section 551 of the Texas
Government Code at any point during the open meeting to discuss any item posted on this agenda. The Open Meetings Act provides specific exceptions that require that a meeting
be open. Should the Economic Development Corporation choose to convene into Executive Session, those exceptions will be specifically identified and announced. Any subsequent
action, as a result of this Executive Session, will be taken and recorded in open session.