Laserfiche WebLink
671 <br /> <br /> Minutes of PEDC Regular Meeting <br /> August 22, 2001 <br /> Page 7 <br /> <br />private company, they are going to need someone to up-front them with capital <br />and the various resources they will need to get this business up and running. He <br />said that is where PEDC comes in. It is a different concept, it is not like <br />anything that has been done before, but if we could bank-roll this start for this <br />business, he felt it would succeed, then all of the PEDC money would be paid <br />back. Mr. Vest said they had been talking to Chip Harper about possibly <br />putting this in the old Cinemark Building across from Paris Junior College. Mr. <br />Vest said Mr. Harper is also interested in being an equity partner by putting the <br />building up as part of his equity. <br /> <br />After discussion, it was the consensus of the Board for Mr. Vest to continue <br />with this project and bring back to the Board a report. <br /> <br />There being no further business, the meeting was adjourned. <br /> <br /> MICHAEL RHODES, PRESIDENT <br /> <br />ATTEST: <br /> <br />MATTIE CUNNINGHAM, CITY CLERK <br /> <br /> 7 <br /> <br /> <br />