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12.12.07 PEDC MinutesProsper ECONOMIC DEVELOPMENT CORPORATION Minutes The Prosper Economic Development Corporation 121 W. Broadway Street, Prosper, Texas Wednesday December 12, 2007 - 6:00 p.m. 1. Call to Order/Roll Call. Ray Smith called the meeting to order at 6:05 p.m. Board Members present Ray Smith, Jim Campbell, Jim Wicker, Daniel Jones, Bob Luckock, Dan Tolleson and Beth Larsen. 2. Approve the minutes from the November 14, 2007 Prosper EDC meeting. Jim Campbell approved with minutes, Daniel Jones second the motion. 3. Consider and act on financial statements of the Prosper EDC for the month ending 11-30-2007. Board approved the November financial report with a motion from board member Jim Campbell and 2nd by board member Bob Luckock. 4. Receive staff updates, discuss and take any necessary action: a. New office space Dan Tolleson and Beth Larsen updated the board on the new office space progress. 5. 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. Board did not recess into closed session. 6. Reconvene into regular�session and take any action necessary as a result of the closed session. Board did not take any action in a closed session. Adjourn. Ray Smith adjourned the meeting at 6:20 with a motion from board member Bob Luckock and 2nd Jim Campbell. Note: The order in which items are heard on the agenda is subject to change. Bob Lu kock, Secrefary Date