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06.12.07 PEDC Minutes2. 3. 4. ,Prosper ECONOMIC DEVELOPMENT CORPORATION Call to Order / Roll Call. The meeting was called to order at 4:20 p.m. MINUTES Special Joint Meeting of Prosper Town Council and Prosper Economic Development Corporation 800 Somerville Drive, Prosper, Texas Folsom Elementary School (Cafeteria) Tuesday, June 12, 2007, at 4:00 p.m. Board members present: Ray Smith (arrived at 5:00 p.m.); Jim Campbell, Bob Luckock; and Mike Wadsworth. Also in attendance was PEDC Executive Director, Dan Tolleson, and PEDC Executive Assistant, Andrea Berry. Recess into closed session in compliance with Section 551.001 et.Seq. Texas Government Code, to wit Section 551.087 to deliberate on economic development negotiations regarding the Gates of Prosper project. Motion made by Jim Campbell; seconded by Bob Luckock to recess into closed session. Motion approved 3-0. Reconvene into regular session and take any action necessary as a result of the closed session. EDC Board reconvened into regular session at 6:03 p.m. No action taken as a result of closed session. Adjourn. Motioned by Jim Campbell, seconded by Bob Luckock to adjourn. Motion approved 4-0. The meeting was adjourned at 6:04 p.m. BobLuckoc Secretary Date