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PEDC Board Meeting Minutes <br />July 13, 2016 <br />Page 2 of 2 <br />One of the biggest blows to J Skinner in Paris was losing the Burger King contract. The community <br />should know that through June of 2016, J Skinner has invested $12.3 million into the building and <br />equipment at the Paris plant. Along with that investment, yearly payroll is between $3.5 and $4 <br />million. They want to be in Paris and they are working hard to find the new product to bring to Paris. <br />Mr. Paris suggested that the Board discontinue the agreement, since we have not prepaid anything. Mr. <br />Wilson made a motion that the Board discontinues the agreement with J Skinner. Mr. Banks seconded <br />the motion. The vote was 5 -ayes to 0 -nays. <br />Adiourn <br />Mr. Banks made a motion to adjourn the meeting. This was seconded by Mr. Wilson. The vote was 5 <br />ayes and 0 nays. The meeting was adjourned at 4:10 p.m. <br />Respectfully submitted, <br />Paula Brownfield <br />Administrative Assistant <br />Paris Economic Development Corporation <br />