Laserfiche WebLink
1 <br /> PARIS ECONOMIC DEVELOPMENT CORPORATION <br /> August 5, 1993 <br /> <br />An informal meeting of the Paris Economic Development Corporation was <br />held August 5, 1993, 9:00 P. M., at City Hall, City Council Chambers, <br />Paris, Texas. Chairman Eric Clifford called the meeting to order with <br />the following members present. Barney Bray, III, Phillip Cecil , and <br />Curtis Fendley. Also present were members of the Chamber of Commerce, <br />City Councilman Wayne Brown, City Councilman Jim Bell, City Manager, <br />Michael E. Malone, City Attorney T. K. Haynes, and City Clerk, Mattie <br />Cunningham. <br /> <br /> Chairman Clifford, opened the meeting by telling those present it was <br /> the consensus of the Directors, City Staff, and Council that further <br /> guidance and information was needed to get the corporation off the <br /> ground, and Mr. Shelton has agreed to come up and listen to our needs, <br /> make a presentation, and come back with a proposal. <br /> <br /> Chairman Clifford introduced Bill Shelton, CED, The Cornerstone Group, <br /> 777 Taylor Street, Fort Worth, Texas. <br /> <br /> Mr. Shelton said that now that Paris has the sales tax in place, he <br /> wanted to talk about what Cornerstone can do to assist the Corporation, <br /> and not talk a great deal about what Paris can be, because he did not <br /> know what Paris can do. Mr. Shelton said that one of the things you <br /> will see, as he makes his presentation, is whatever comes out of this <br /> has to be a Paris solution, you can look at Longview, Sulphur Springs, <br /> you can look at towns that has preceded you with the sales tax, and you <br /> can get some ideas, but you are unique. Because of your history in <br /> Economic Development, you are unique, and you should keep that <br /> uniqueness as you develope the plans and process on how you are going <br /> to do the economic development. <br /> <br /> At this time Mr. Shelton presented a slide presentation: <br /> <br />Mr. Shelton pointed out that the latest figures in the United States <br />and Canada there was approximately 9 thousand Community. Economic <br />Development Organization that the City will be competing wi'th that have <br />similar type organizations, the bad news is that are a lot of them out <br />there, the good news is if you talk to the professionals, the people <br />who do site locations, locating business, there are not that many good <br />companies, that probably 10% of the community organizations are really <br />technical. <br /> <br /> Mr. Shelton said the goal that you have to have in establishing this <br /> new relationship, you have with the Economic Development Corporation is <br /> to say - we want to be an effective program, we want to be one of those <br /> 10% that has an effective Economic Development Program. <br /> <br /> You have competition in particular in sales taxes, sales taxis not unique <br /> in Texas. When we first passed the sales tax back in 1989, the State <br /> Legislature did it and Senator Bill Ratliff was the sponsor of the <br /> legislation. He was very proud of Texas, he thought that for one time <br /> we were taking the initiative to do something that has not been done in <br /> the United States. We did not have to be on the cutting edge of the <br /> Economic Development. We stole most of the idea from the State of <br /> Mississippi, North Carolina, South Carolina, and Virginia. In 1989 <br /> when the legislature passed it, he was very happy to see us do it, and <br /> in checking around, he found that Utah had done this a number of years <br /> ago. What happened in Utah, they had a permissive one quarter sales <br /> tax, and what happened to Utah can be a lesson to us in this state. You <br /> had the cities that voted the one quarter sales, tax, you have the <br /> cities that did not vote it, or it failed. What happened, the cities <br /> that did not vote it lobbied the legislature to the fact that it is <br /> unfair competition for those people to have that money, and for us not <br /> to have the money, and you know what the legislature did in their <br /> wisdom? They wiped out the ability to have the one quarter sales tax. <br /> The reason to bring this to your attention is that now there are some <br /> efforts now in this state for cities to say that it is unfair <br /> competition. What we have now is. We have 84 cities what we call 4A <br /> cities, 4B cities hold their election under the Old Arlington Stadium <br /> Amendment. As you will recall, the stadium was built with sales tax that <br /> was not legal at that time, and the voters of Arlington who voted the <br /> <br /> <br />