06.17.2009 PEDC MinutesProsper
ECONOMIC
DEVELOPMENT
CORPORATION
MINUTES
Meeting of the Prosper Economic Development Corporation
170 N. Preston, Suite 50, Prosper, Texas
Wednesday, June 17, 2009 - 6:00 p.m.
Call to Order / Roll Call.
Ray Smith called the meeting to order at 6:05, bd. members present were Jim Campbell, Jim Wicker, and
PEDC Executive Director Dan Tolleson. Bd. members Daniel Jones and Bob Luckock were absent.
2. Approve the minutes from the May 20, 2009 Prosper EDC meeting.
Minutes were approved with a motion from Jim Campbell and 2nd from Jim Wicker, motion passed
unanimously.
3. PEDC treasurer report for the month of May 2009.
Jim Campbell gave a report for the month of May 2009.
4. Consider and act on upon financial statements of the Prosper Economic Development Corporation for the month
ending May 2009.
Financials were approved with a motion from Jim Wicker and 2nd from Jim Campbell, motion was passed
unanimously.
5. Renew and approve the Investment Portfolio Summary for the Quarter Ended March 31, 2009.
The investment policy was approved with a motion from Jim Campbell and 2nd from Jim Wicker, motion was
unanimously approved.
6. Discuss 2009- 2010 PEDC budget.
Budget was discussed and recommendations will be made at the July PEDC bd. meeting.
7. Executive Director Dan Tolleson will give an update and discuss PEDC contacts.
Update was given regarding contacts made by the PEDC office.
8. 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.
9. PEDC information update :
Information regarding community events and contacts through PEDC office.
10. 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.
11. Reconvene into regular session and take any action necessary as a result of the closed session.
12. Possibly direct Prosper Economic Development Corporation staff to schedule topics for discussion at future meeting.
13. Adjourn.
Meeting was adjourned at 6:57 p.m. with a motion from Jim Campbell and 2nd from Jim Wicker.
Bob Luck ck — Secretary Date