PEDC Minutes - 10.20.101
Prosper
ECONOMIC
DEVELOPMENT
CORPORATION
Meeting of the Prosper Economic Development Corporation
170 N. Preston Rd, Suite 50, Prosper, Texas 75078
Wednesday, October 20, 2010 - 6:00 p.m.
1. Call to Order / Roll Call
Mike Wadsworth called the meeting to order at 6:00 p.m., board members present were Mike Wadsworth, Ray
Smith, Jim Wicker, Jordan Simms, Reno Jones, and Kevin Drown. EDC assistant Beth Larsen was present.
Board member Daniel Jones was absent and Interim Executive Director Mike Land was absent.
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
3. Recognize new appointed board members
Mike Wadsworth recognized the reappointment of Jim Wicker for a 2°d term and new member Kevin Drown
4. Elect new EDC board officers for 2010-2011
New officers for the EDC board:
President— Mike Wadsworth, Vice -President — Jim Wicker, Secretary —Jordan Simms, Reno Jones - Treasurer
5. Consider and act upon the minutes from the September 15, 2010 Prosper EDC board meeting
The minutes were approved with a motion from Jim Wicker and 2nd from Reno Jones, the motion passed
unanimously.
6. Consider and act upon the September 2010 financial statements for the Prosper Economic Development Corporation
The financials were approved with a motion from Jim Wicker and 2nd from Jordan Simms, the motion passed
unanimously.
7. Prosper EDC project updates
8. PEDC information update:
General discussion regarding the EDC office goals including:
A. Website updates and design
EDC Assistant Beth Larsen gave an update on the web design process and the contact list
B. EDC contact list and database
9. Recess into closed session in compliance with Section 551.001 et. Seq. Texas Government Code, to wit:
The board recessed into closed session at 6:25 pm with a motion from Reno Jones and 2nd from Kevin Drown
i. Section 551.087 to deliberate economic development prospects
ii. Section 551.074 to discuss personnel matters
10. Reconvene into regular session and take any action necessary as a result of the closed session
The board recovened into regular session at 7:05 with a motion from Ray Smith and 2°d from Jordan Simms
11. Adjourn
The board adjourned at 7:05 with a motion from Jordan Simms and 2nd from Jim Wicker
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J rdan Si s-Secretary Date