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323 <br /> <br /> BE IT FURTHER RESOLVED, that the PEDC does hereby pledge its one-quarter (I/4) <br /> cent economic development sales tax to the repayment of said loan. <br /> <br /> PASSED AND ADOPTED this 13th day of May, 1998. <br /> <br /> ATTEST: Curtis Fendley, President <br /> <br /> Richard M. Amis, Secretary-Treasurer <br /> <br /> APPROVED AS TO FORM: <br /> <br /> Scott P. Foster, City Attorney <br /> <br /> Boardmember Amis made a motion, seconded by Boardmember Bray, that this <br /> resolution be adopted, and the Board voted unanimously to adopt the resolution. <br /> <br />_ President Fendley asked the City Manager Malone to give his report at this time. <br /> Mr. Malone discussed the resolution passed by the City Council concerning the <br /> Comprehensive Master Plan contract for the City of Paris. Mr. Malone stated that <br /> there is a phase of this contract with Bucher, Willis and Ratliff that is an optional <br /> service related to economic development type planning. He said this might be <br /> something that Board might want to look at, and discuss with the consultant. He <br /> said if the Board is interested they could ask the consultant to attend a future <br /> meeting. He said that this project is going to take approximately one year for <br /> completion and the overall Master Plan will be beneficial to the City. <br /> <br /> After discussion by the Boardmembers, it was the consensus of the Board that a <br /> workshop be scheduled for the purpose of the consultants providing information, <br /> and asked Mr. Vest to schedule this workshop. <br /> <br /> President Fendley asked if there was any other business and there being none he <br /> declared the board meeting adjourned. <br /> <br /> President Curtis Fendley <br /> <br /> ATTEST: <br /> <br /> Assistant City Clerk, Barbara Denny <br /> <br /> <br />