PEDC Minutes - 03.23.11Prosper
ECONOMIC
DEVELOPMENT
CORPORATION
MINUTES
Meeting of the Prosper Economic Development Corporation
170 N. Preston Rd., Suite 50, Prosper, Texas 75078
Wednesday, March 23, 2011 - 6:00 p.m.
1. Call to Order / Roll Call
EDC board president Mike Wadsworth called the meeting to order at 6:00 p.m. Mike Wadsworth, Ray Smith,
Reno Jones, Jim Wicker, Kevin Drown, acting EDC Director Mike Land and Executive Assistant Beth Larsen
were present. Board members Jordan Simms and Daniel Jones were 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
There were no comments from citizens.
3. Consider and act upon the minutes from the February 16, 2011 Prosper EDC board meeting
The February minutes were approved with a motion from Jim Wicker and 2nd from Kevin Drown, the motion
passed unanimously.
4. Consider and act upon the February 2011 financial statements for the Prosper Economic Development Corporation
The February financials were reviewed and approved with a motion from Jim Wicker and 2nd from Ray Smith,
the motion passed unanimously.
5. PEDC information update:
General discussion regarding the EDC office marketing / goals
Acting EDC Director Mike Land and Executive Assistant Beth Larsen reviewed marketing materials,
proposed hosting joint business appreciation reception with the chamber, and reviewed options
for developing a comprehensive report for retail data.
6. Recess into closed session in compliance with Section 551.001 et. Seq. Texas Government Code, to wit:
i. Section 551.087 to deliberate economic development prospects
The PEDC board recessed into closed session at 6:23 p.m. with a motion from Kevin Drown and
2nd from Ray Smith.
7. Reconvene into regular session and take any action necessary as a result of the closed session
The PEDC board reconvened into regular session at 7:09 p.m. with a motion from Jim Wicker and
2nd from Ray Smith.
8. Adjourn
The PEDC board adjourned at 7:10 p.m. with a motion from Reno Jones and 2nd from Mike Wadsworth.
Jordan imms - Secretary Date