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12.09.2009 PEDC MinutesProsper ECONOMIC DEVELOPMENT CORPORATION MINUTES Meeting of the Prosper Economic Development Corporation 170 N. Preston, Suite 50, Prosper, Texas Wednesday, December 9, 2009 - 6:00 p.m. Call to Order / Roll Call. Mike Wadsworth called the meeting to order at 6:06 p.m., board members present were Mike Wadsworth, Daniel Jones, Bob Luckock, Reno Jones, Jordan Simms, and Jim Wicker. Executive Director Dan Tolleson and EDC Assistant Beth Larsen was present. Board member Ray Smith was absent. 2. Approve the minutes from the November 11, 2009 Prosper EDC board meeting. Motion to approve the November 11, 2009 board minutes was made by Bob Luckock with a 2^d from Jordan Simms. The motion was passed unanimously. 3. November financial statements of the Prosper Economic Development Corporation are not available and will be presented at the January board meeting. The November and December financial statements will be reviewed at the January 20, 2010 board meeting. 4. 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. No citizen comments were recorded at the meeting. 5. PEDC information update, including January board meeting points of discussion: a. Julie Fort legal presentation. Julie Fort, PEDC legal council will present an overview of board ethics and code of conduct training. b. Downtown project review. c. 2010 networking and leadership opportunities for the EDC Board of Directors. Copy of networking and leadership opportunities will be provided to the board at the January meeting. 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. The board did not recess into closed session. 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. Board president Mike Wadsworth adjourned with meeting at 6:30 p.m. with a motion from Daniel Jones and 2°d from Bob Luckock. Wicker - Secretary Da, e -