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01.30.07 PEDC MinutesProsper ECONOMIC DEVELOPMENT CORPORATION Call to Order/Roll Call. APPROVED MINUTES Special Meeting of the Economic Development Corporation 121 W. Broadway Street, Prosper, Texas Tuesday, January 30, 2007 - 6:00 p.m. President Ray Smith called the meeting to order at 6:07 p.m. Board members present: President Ray Smith, Vice -President Dan Tolleson, Treasurer Jim Campbell, Secretary Bob Luckock, and Mike Wadsworth. 2. Recess into closed session in compliance with Section 551.001 et. Seq. Texas Government Code, to wit: Section 551.074, to discuss the appointment and employment of an Executive Director of the Prosper Economic Development Corporation. Motioned by Mike Wadsworth, seconded by Dan Tolleson to recess into closed session in compliance with Section 551.001 et. Seq. Texas Government Code, to wit: To discuss the appointment and employment of an Executive Director of the Prosper Economic Development Corporation. Motion approved 5-0. 3. Reconvene into regular session and take any action necessary as a result of the closed session. Motioned by Jim Campbell, seconded by Dan Tolleson to reconvene into regular session. Motion approved 5-0. No action was necessary as a result of executive session. 4. Adjourn. Motioned by Jim Campbell, seconded by Dan Tolleson to adjourn. Motion approved 5-0. The meeting was adjourned at 8:06 p.m. 'Bob Luckock, Se etary Date