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106 <br /> <br /> <br /> Mr. Cecil stated that the first item on the agenda was approval <br /> of the minutes from the previous meeting of the Paris Economic <br /> Development Corporation. He asked if there were any <br /> corrections or additions to the minutes of the previous <br /> meeting, and there being none ,Boardmember Dick Amis made a <br /> motion, seconded by Boardmember Curtis Fendley, that the <br /> minutes be approved as presented, which carried unanimously. <br /> <br /> President Cecil noted that Mr. Anderson was not present to give <br /> the financial report but the Board had been provided with <br /> copies of the report. Boardmember Fendley made a motion which <br /> was seconded by Boardmember Barney Bray, to approve the <br /> financial report as presented which carried unanimously. <br /> <br /> President Cecil asked Mr. Vest to make his report. Mr. Vest <br /> advised that there had been good prospect activity since the <br /> last meeting. He said that he had some prospects through Lone <br /> Star Gas and T. U. Electric and either one of these would be <br /> good possible tenants if we had a model building. <br /> <br /> Mr. Vest stated in connection with the State Legislature, there <br /> are currently eighteen bills pending that effect the economic <br /> development sales organization. He said one is by <br /> Representative Tom Ramsey in Mt. Vernon which would be a very <br /> detrimental bill to us. He said it would do away with 4A <br /> status corporations as we know them and make all corporations <br /> 4B. He said that Senator Ratliff had introduced Senate Bill <br /> 1642, which will do away with all 4B corporations and make them <br /> all 4A. Mr. Vest advised that Senator Ratliff's bill was <br /> passed out of committee the day before, and that Representative <br /> Ramsey's bill was still in committee. <br /> <br /> Mr. Vest said he had been working on a logo for the Corporation <br /> in order to develop some letterhead. He passed around some <br /> samples for the Board to review. He said he liked the phrase <br /> "building today for a better tomorrow", and he thought that <br /> they might like to use this in some of their materials. He <br /> said he would like to have some feedback, so they could move <br /> ahead on the logo. <br /> <br /> President Cecil said that the City Engineer, Earl Smith, was <br /> present to update the Board on the model building and the <br /> improvements to Industrial Drive. Mr. Smith stated at this <br /> time, he had no progress to report on the model building. He <br /> said he was still comfortable with his cost estimate at this <br /> time, but he has not made any progress in connection with <br /> design. President Cecil said that when a design is developed, <br /> it should be brought back to this Board for approval of <br /> the design and then move forward at that point. <br /> <br /> Mr. Smith said in connection with the street, he had contacted a <br /> contractor and this is going to be one of those things that <br /> will have to wait on the weather to proceed. Mr. Smith said he <br /> still felt the $25,000.00 would be enough to accomplish the <br /> work. <br /> <br /> City Attorney Haynes advised that the President had asked that <br /> these projects be left on the agenda each time, in case there is <br /> information to report. <br /> <br /> President Cecil asked Mr. Amis to give his report regarding <br /> purchase from the Paris Industrial Foundation. Mr. Amis stated <br /> that the appraisal of the property has been contracted with Pat <br /> Murphy and Associates and on the survey, they had contracted <br /> with Nelson Survey. He said hopefully by the next meeting, both <br /> items will be completed. <br /> <br /> President Cecil said in connection with Agenda Item No. 7 when <br /> the survey and the appraisal are completed, they will fill in <br /> the resolution with those numbers and approve that resolution <br /> by passing it around. <br /> <br /> <br />