02.18.2009 PEDC MinutesProsper
ECONOMIC
DEVELOPMENT
CORPORATION
Minutes
Meeting of'the Prosper Economic Development Corporation
170 N. Preston, Suite 50, Prosper, Texas
Wednesday, February 18, 2009 - 6:00 p.m.
Call to Order / Roll Call.
Ray Smith called the meeting to order at 6:10 pm. Board members Ray Smith, Jim Wicker, Jim
Campbell, Bob Luckock, and PEDC Executive Director Dan Tolleson were present. Bd. member
Daniel Jones was absent.
2. Approve the minutes from the January 21, 2009 Prosper EDC bd. meeting.
Bob Luckock made the motion to approve the January minutes with a 2°d from Jim Wicker, motion
was unanimously approved.
3. Consider and act on upon financial statements of the Prosper Economic Development Corporation for the month
ending January 2009.
Jim Campbell made the motion to approve the January financials with a 2nd from Bob Luckock,
motion was unanimously approved.
PEDC bd. members requested that future financials include a variance by month column.
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.
No comments by public.
5. Receive Staff updates on the following items, discuss and take any necessary action:
Executive Director Dan Tolleson gave an update regarding monthly contacts, meetings and
conferences he had attended. He also gave an update of recent articles (Collin County Business
Press) that highlighted the Prosper EDC. The PEDC continues to provide packets for PAC events.
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
6. 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. Consider and act on EDC Director contract.
PEDC bd. went into executive session at 7:30 with a motion from Jim Wicker and a 2nd from
Jim Campbell. Executive session was closed at 7:45 pm with motion from Jim Campbell and
2nd from Jim Wicker. No Action taken.
7. Reconvene into regular session and take any action necessary as a result of the closed session.
8. Possibly direct Prosper Economic Development Corporation staff to schedule topics for discussion at future meeting.
9. Adjourn.
Bd. President Ray Smith adjourned the meeting at 8:00 pm with a motion from Jim Wicker and 2nd by
Jim Campbell.
Bob tLucko k —Secretary Date