PEDC Minutes - 01.19.11Prosper MINUTES
Meeting of the Prosper Economic Development Corporation
ECONOMIC 170 N. Preston Rd., Suite 50, Prosper, Texas 75078
DEVELOPMENT Wednesday, January 19, 2010 - 6:00 p.m.
CORPORATION
1. Call to Order / Roll Call
Mike Wadsworth called the meeting to order at 6:00 pm, Daniel Jones, Ray Smith, Mike Wadsworth, Jordan
Simms, Reno Jones, and Jim Wicker. Board member Kevin Drown was absent. Mike Land Acting Director and
Beth Larsen Executive Assistant were present.
2. Comments from citizens, the EDC may receive input 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 no citizen's comments.
3. Consider and act upon the minutes from the December 15, 2010 Prosper EDC board meeting
The minutes from the December 15, 2010 board meeting were approved with a motion from Jim Wicker and
2nd from Ray Smith, the motion passed unanimously.
4. Consider and act upon the December 2010 financial statements for the Prosper Economic Development Corporation
The financial statements from December 2010 were reviewed and approved with a motion from Jordan Simms
and 2nd from Jim Wicker, the motion passed unanimously.
5. Prosper EDC project updates
6. PEDC information update:
General discussion regarding the EDC office marketing timeline / goals including:
A. Marketing timeline highlighting the CIP projects in and around Preston Rd. as they relate to commercial
Developers, leasing companies, and land owners in the corridor.
B. EDC contact list and database
Jordan Simms reviewed the contact list format and discussed the option for collecting contact data.
Mike Land presented the marketing timeline and projected projects for 2011 as they relate to the focus
for the Prosper EDC for 2011.
7. Recess into closed session in compliance with Section 551.001 et. Seq. Texas Government Code, to wit:
The board recessed into closed session at 6:23 with a motion from Jim Wicker and 2^d from Reno Jones.
i. Section 551,087 to deliberate economic development prospects
ii. Section 551,074 to discuss personnel matters
8. Reconvene into regular session and take any action necessary as a result of the closed session
The board reconvened in regular session at 7:36 with a motion from Daniel Jones and 2^d from Ray Smith.
9. Adjourn
The meeting was adjourned at 7:36 pm with a motion from Ray Smith and 2nd from Daniel Jones.
Jordan Imms — Secretary Date