PEDC MInutes - 06.18.08Prosper
ECONOMIC
DEVELOPMENT
CORPORATION
Meeting of the Prosper Economic Development Corporation
170 N. Preston, Suite 50, Prosper, Texas
Wednesday, June 18, 2008 - 6:00 p.m.
1. Call to Order / Roll Call.
Ray Smith called the meeting to order at 6:01 p.m. Ray Smith, Jim Wicker, Daniel Jones, Bob Luckock and
Executive Director Dan Tolleson were present. Executive assistant Beth Larsen and Board member Jim
Campbell were absent.
2. Approve the minutes from the May 14, 2008 Prosper EDC meeting.
Board member Jim Wicker approved the minutes with a 2°d from Daniel Jones, the motion was unanimously
approved.
3. Consider and act on upon financial statements of the Prosper Economic Development Corporation for the month
ending May 2008.
Board member Daniel Jones approved the financial statement with a 2nd from Bob Luckock, the motion was
unanimously approved.
4. Discuss PEDC incentives.
Board discussed incentives and will receive an update at the July board meeting.
5. 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.
6. Receive Staff updates on the following items, discuss and take any necessary action:
a. Monthly PEDC activity report
Board reviewed the monthly report.
b. PEDC Bd. Business ( political advertising protocol and board term limits )
Discussion was held regarding advertising protocol.
c. Meetings , conferences and trainings
Board received overview on ICSC in Las Vegas and future ICSC meeting in San Antonio in October.
d. Advertising, marketing, and promotion materiel including aerial maps
Board discussed upcoming expenditures pertaining to advertising and marketing for the PEDC.
e. EDC presentations and community involvement
Board discussed involvement with Prosper Awareness, Prosper Chamber and Development Council.
f. Sponsorship and community opportunities
Board discussed levels of involvement in assisting community sponsorships.
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.
8. Reconvene into regular session and take any action necessary as a result of the closed session.
No necessary action was needed as a result of closed session.
9. Possibly direct Prosper Economic Development Corporation staff to schedule topics for discussion at future meeting.
Board will review and discuss preliminary budget at the July board meeting.
10. Adjourn.
Ray Smith adjourned the meeting at 7:30 p.m. with a motion from Daniel Jones and a 2^d from board member
Jim Wicker.
Bob uckock, secretary Date