01.21.2009 PEDC MinutesProsper
ECONOMIC
DEVELOPMENT
CORPORATION
MINUTES
Meeting of the Prosper Economic Development Corporation
170 N. Preston, Suite 50, Prosper, Texas
Wednesday, January 21, 2009 - 6:00 p.m.
Call to Order / Roll Call.
Board president Ray Smith called the meeting to order at 6:03p.m. Bd. members present were Ray Smith, Bob
Luckock, Jim Wicker, Jim Campbell, and PEDC Executive Director Dan Tolleson. Bd. member Daniel Jones
was absent.
Approve the minutes from the December 17, 2008 Prosper EDC bd. meeting.
Minutes were approved with a motion from Jim Wicker and 2^d from Jim Campbell, the motion was approved
unanimously.
3. Consider and act on upon financial statements of the Prosper Economic Development Corporation for the month
ending December 2008.
The financials were approved with a motion from Jim Campbell and 2^d from Jim Wicker, the motion was
approved unanimously. The bd. wanted PEDC staff to research financial formats for future bd. reports.
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.
There were not public comments made at the meeting.
5. Informational update on the Town of Prosper from Town Manager Mike Land.
Town Manager Mike Land gave an update on the Town of Prosper.
6. Receive Staff updates on the following items, discuss and take any necessary action:
a. PEDC staff updates
b. Meetings , conferences and trainings
c. Advertising, marketing , and promotion materiel
d. EDC presentations and community involvement
e. Sponsorship and community opportunities
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. Finalize executive director's employment agreement.
The PEDC board went in to Executive session at 7:54 p.m. with a motion from Bob Luckock, 2"d from Jim
Wicker. Executive Session was closed at 8:32 p.m. with a motion from Jim Campbell and 2°d from Bob
Luckock.
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.
The PEDC meeting was adjourned at 8:32 with a motion from Jim Campbell and 2°d from Bob Luckock.
Bob Luckoc , Secretary Date