11.15.06 PEDC MinutesProspei
ECONOMIC
DEVELOPMENT
CORPORATION
1. Call to Order 1 Roll Call
APPROVED MINUTES
Regular Meeting of the Prosper Economic Development Corporation
121 W. Broadway Street, Prosper, Texas
Wednesday, November 15, 2006, the earlier of 7:00 pm or immediately following
the Town Council Meeting scheduled on Wednesday November 15, 2006 at 6:30
pm at the same location.
PEDC President Ray Smith called meeting to order at 7:02 p.m. All members were present. Also in attendance was PEDC
Executive Director Karen Gandy.
2. Recess into Closed Session in compiiance with Section 551.001, et. ,seg,Texas Government Code -regarding:
The Board recessed into executive session at 7:03 p.m. Motion made by Dan Tolleson; seconded by Bob Luckock. Motioned
carried 5-0.
1. Section 551.074 Government Code. Discussion of the evaluation and duties of the executive director of the EDG.
2. Section 551.071, Government Code. Consultation with an attorney for the EDC on a matter in which the dutv of the
attorney to the EDC under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly
conflicts with the Opeq_Meet_ings Act regarding the executive director of the EDC.
3. Reconvene into regular session and take any action necessary as a result of the closed session.
The Board reconvened into regular session at 8:13 p.m. Motion made by Jim Campbell; seconded by Mike Wadsworth. Motion
carried 5-0
No action was taken as a result of executive session
9. Adjourn.
Meeting adjourned at 8:14 p.m. Motion made by Jim Campbell; seconded by Dan Tolleson. Motion carried 5-0.
Bob L ckock, Prosp Economic Development Secretary
Date
Minutes for Prosper EDC Meeting — November 15, 2006 Page 1