10/19/1994 MINUTES - Laserfiche WebLink

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64 Chairman Cecil asked Mr. Anderson, Finance Director, to go over the financial report. Mr. Anderson stated that the report the Board had received ended September 30, 1994. He said the Board normally receives a report which ends on the current date. Mr. Anderson stated that September is the end of the City's fiscal year, and the City is still in the closeout process which means he cannot get into October to print information until the closeout process is completed. He said this report is updated, but it is not as current as the report the Board normally receives. Mr. Anderson stated he would be glad to answer any questions regarding this report. After discussion, Board member Amis made a motion, seconded by Board member Fendley to approve the financial report as presented, and the motion carried unanimously. Chairman Cecil said he did not have a Chairman's report to give at this time. Chairman Cecil asked Mr. Vest to make his report. Mr. Vest said he had attended the Texas International Reception since the Board's last meeting. He said there was approximately sixty foreign groups represented at the meeting. Mr. Vest said he had received a detailed book at this meeting regarding Texas and Paris is included in the East Texas Region. He said several of the local companies are mentioned in this book. Mr. Vest stated he was located in the East Texas booth at this meeting and the companies visited the booth. He said they had a lot of opportunities to visit with these individuals. He said basically this activity was a matter of positioning Paris as a point of contact. He said he had sent letters to all the individuals he had received business cards from with a Chamber Directory for newcomers and invitations for visits to Paris. Mr. Vest stated that in reviewing the Program of Work there was discussion regarding the spec building. He said he had received an inquiry from Lone Star Gas on October 11. He said this was a typical inquiry which referred to the availability of a building. He said to get any further in the process a building was needed. He said this lead came from the Department of Commerce and then through Lone Star Gas. He said T. U. Electric also received the same lead, but T.U. Electric did not refer the lead because there was no building available. He said he would like to reemphasize the need to have some type facility to get into some of the site searches. Chairman Cecil questioned if there were any buildings available in Paris for industrial prospects. Mr. Vest said the only industrial type building that he had in the portfolio at the present time was the building Superior Technology has, and it is currently occupied. Mr. Vest said he had one building that the owner will allow them to show, but he does not want advertised and shown unless someone is serious. Chairman Cecil said there is a possibility that they might be able to identify other potential sites that are under utilized. Mr. Vest said he would also like to discuss the retention expansion visits to local industries. He said he had devised a questionnaire to be used in these visits to help us stay updated on local industry and to develop prospects through their suppliers. He said he would like for the Board to look over the questionnaire and let him know any changes needed in the format. Mr. Vest said information from this form will be used to keep the manufacturing directory updated. Mr. Vest stated he hoped to make a visit next month. He said he would try to schedule visits in advance and have a schedule available in order that Board members could adjust their schedules to attend these visits.