09.26.07 PEDC MinutesProsper
ECONOMIC
DEVELOPMENT
CORPORATION
Minutes
Meeting of the Economic Development Corporation
121 W. Broadway Street, Prosper, Texas
Wednesday September 26, 2007- 6:00 p.m.
Call to Order/Roll Call.
Ray Smith called the meeting to order at 6:02 p.m.
Ray Smith, Jim Campbell, Bob Luckock,Newly appointed member Jim Wicker, Mike Wadsworth
Dan Tolleson Executive Director, Beth Larsen, Executive Assistant
2. Approve the minutes from the August 15, 2007 Prosper EDC meeting.
Jim Campbell made motion, Bob Luckock 2nd,approved unanimously
3. Introduction of newly appointed EDC member
Jim Wicker was introduced as new EDC bd. member, term effective October 1, 2007.
4. Recognize outgoing board member Mike Wadsworth
Ray Smith recognized Mike Wadsworth with an appreciation plaque for his outstanding service and
commitment to the EDC board.
5. Update EDC photograph of Board and staff
New photograph was taken of EDC board and staff, bd member Daniel Jones was not present.
6. Consider and act on upon financial statements of the Prosper Economic Development Corporation for the month
Ending September 30, 2007
Discussion was held regarding financial presentation format. Financials were approved unanimously
with motion of acceptance by Jim Campbell and 2nd by Bob Luckock.
7. Comments from Citizens. The EDC may receive impute from the public, however the topic may not be discussed by
The EDC unless the topic is specifically listed on the meeting agenda.
8. Receive Staff updates on the following items, discuss and take any necessary action:
a. New office space
Beth reported on continuation of gathering bids for new space.
b. Meetings , conferences and trainings
Dan attended NCCL monthly class, Beth and Dan will attend ICSC in San Antonio 10/10.10/12
c. EDC sponsored activities
PEDC sponsored hole for Prosper Foundation golf tournament, Dan attended the dinner
d. Updated Marketing Materials
Beth discussed marketing materials both giveaways and printed materiel to be used at conferences
and events.
9. Recess into closed session in compliance with Section 551.001 et. Seq. Texas Government Code, to wit: Section
551.074, to discuss updates on projects and incentives.
Update on Blue Star and ongoing negotiations. Update on Alberta.
10. Reconvene into regular session and take any action necessary as a result of the closed session.
No necessary action to be taken from Executive closed session.
11. Possibly direct Prosper Economic Development Corporation staff to schedule topics for discussion at future meeting.
Request was made to update the board on projects at the October meeting and include financials at
each meeting.
12. Adjourn.
Meeting was adjourned at 6:50, motion made by Bob Luckock and 2nd by Jim Campbell
Bob Luckloc , Secretary Date