PEDC Minutes - 02.13.08Prosper
ECONOMIC
DEVELOPMENT
CORPORATION
MINUTES
Meeting of the Prosper Economic Development Corporation
170 N. Preston, Suite 50, Prosper, Texas
Wednesday, February 13, 2008 - 6:00 p.m.
1. Call to Order / Roll Call.
Ray Smith called the meeting to order at 6:05 p.m. Ray Smith, Jim Campbell, Jim Wicker, Bob Luckock, Dan
Tolleson, Beth Larsen were present. Daniel Jones was absent.
2. Approve the minutes from the January 16, 2008 Prosper EDC meeting.
Jim Wicker move to accept the minutes with a 2^d from Bob Luckock, motion approved unanimously.
3. Consider and act on upon financial statements of the Prosper Economic Development Corporation for the month
ending January 2008
Board discussed new format for financials to be implemented starting next month. Jim Wicker made the
motion to approve with a 2nd from Jim Campbell. Motion approved unanimously.
4. 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.
Presentation by Diane Kerr CPA, PEDC accounting methods and procedures.
Diane Kerr provided a brief bio of education and experience; she fielded questions from the board in regards
to overseeing the financial operations of the EDC.
6. Receive Staff updates on the following items, discuss and take any necessary action:
a. New office space
Staff discussed new space and additional items to be purchased for finish out completion.
Staff reviewed possible new web -site company, suggestion was made to include board member Wicker in
future web discussion.
b. Meetings , conferences and trainings
Dan Tolleson is attending several state sponsored workshops and local county sponsored trainings.
c. EDC presentations and community involvement
Discussion about future partnerships with the Prosper Chamber including new directory and business
retention, role in the community.
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 including, but not limited to the Gates of Prosper.
Board recessed into close session with discussion of on -going development negotiations.
8. Reconvene into regular session and take any action necessary as a result of the closed session.
No necessary action was requested as a result of the executive session.
9. Possibly direct Prosper Economic Development Corporation staff to schedule topics for discussion at future meeting.
10. Adjourn.
Ray Smith adjourned the meeting at 8:04 p.m. motion from Jim Wicker and 2^d from Jim Campbell.
Bob Luckock, Secretary
Date