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PEDC Minutes - 08.20.08P0-N 400 Prosper ECONOMIC DEVELOPMENT CORPORATION Minutes Meeting of the Prosper Economic Development Corporation 170 N. Preston, Suite 50, Prosper, Texas Wednesday, August 20, 2008 - 6:00 p.m. Call to Order / Roll Call. Ray Smith called the meeting to order at 6:10, Bd members present were Ray Smith, Daniel Jones, Bob Luckock, Jim Wicker, Exec.Dir. Dan Tolleson and Beth Larsen. Bd. Member Jim Campbell was absent. Approve the minutes from the July 16, 2008 Prosper EDC meeting. The Bd approved the minutes with a motion from Bd. Member Jim Wicker and 2^d from Bob Luckock, motion was approved unanimously. 3. Consider and act on upon financial statements of the Prosper Economic Development Corporation for the month ending July 2008. The Bd. discussed the financials with a motion from Bob Luckock, and a 2nd by Jim Wicker. The motion was approved unanimously. 4. Discuss PEDC employee yearly review process. The Bd. Directed Dan Tolleson Executive Director to prepare YTD accomplishments and goals in report format. 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 EDC staff reviewed the activity report. b. Meetings , conferences and trainings Staff reviewed conferences and training registration deadlines, ICSC will be held in San Antonio in October. EDC Staff reviewed on -going meetings with area commercial developers. c. Advertising, marketing , and promotion materiel EDC Office continues to get request for new marketing folder and aerial maps, several real estate groups requested marketing materials in bulk to use for regional meeting attendees. d. EDC presentations and community involvement EDC staff continues to work with Chamber on various projects. e. Sponsorship and community opportunities EDC will provide support to the Northern Collin County Leadership Program. 7. Recess into closed session in compliance with Section 551.001 et. Seq. Texas Government Code, to wit: Section 551.074, discuss updates concerning on -going projects and future industrial park opportunities. 8. Reconvene into regular session and take any action necessary as a result of the closed 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 7:50 with a motion from Jim Wicker and a 2^d from Bd. Member Bob Luckock. INTAIN W, ! Bob Luckock — Secretary Date