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272 <br /> <br /> <br /> <br /> MINUTES OF THE PARIS ECONOMIC DEVELOPMENT CORPORATION <br /> REGULAR MEETING <br /> November 20, 1996 <br /> <br /> The Paris Economic Development Corporation met in their regular meeting on <br /> Wednesday, November 20, 1996, at 4:00 P.M., in the City Hall North Annex Fire <br /> Training Room, Paris, Texas. President Curtis Fendley called the meeting to order <br /> with the following boardmembers present: Dick Amis, Michael Rhodes, Barney Bray <br /> and Leon Williams. Also present at this meeting were ex-officio boardmembers Carl <br /> Cecil, Ike Jewett, Gary Vest, City Engineer Earl Smith, City Manager Michael E. <br /> Malone, and City Attorney, T.K. Haynes. <br /> <br /> President Fendley stated the next item on the agenda was approval of the minutes <br /> from the previous meeting of the Paris Economic Development Corporation. He <br /> asked if there were any corrections or additions to the minutes of the previous <br /> meeting and there were none. President Fendley stated since there were no <br /> corrections or additions to these minutes, they stood approved as presented. <br /> <br /> President Fendley asked Boardmember Dick Amis to give the financial report in the <br /> absence of Mr. Gene Anderson, Director of Finance. Mr. Amis gave the report. Mr. <br /> Fendley called for questions. Boardmember Barney Bray stated he would like to <br /> discuss how the funds are allocated at this time and funds which have not been <br /> committed at the present. The Board discussed the regular expenses incurred each <br /> month. Boardmember Michael Rhodes questioned the Fund Balance - reflected on <br /> the Balance Sheet. After discussion, it was the consensus of the boardmembers <br /> that they would like the funds on the Balance Sheet clarified by Mr. Anderson. <br /> Boardmember Michael Rhodes made a motion, seconded by Boardmember Barney <br /> Bray, that the report be approved as presented. The motion carried unanimously. <br /> <br /> <br />