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MINUTES OF THE PARIS ECONOMIC DEVELOPMENT <br /> CORPORATION REGULAR MEETING <br /> October 9, 2002 <br /> <br /> The Paris Economic Development Corporation met in a regular session on <br /> Wednesday,. October 9, 2002, 4:00 P. M. at Paris Junior College, Applied <br /> Technology Building, Koom 1016, 2400 Clarksville Street. President Jay Guest <br /> called the meeting to order with the following Directors present: Curtis Fendley, <br /> Don Wall and Mike Dunn. Also present were ex-officio Board Members Bobby <br /> Walters, Executive Director Gary Vest, City Attomey Larry W. Schenk and City <br /> Clerk Mattie Cunningham. <br /> <br /> President Guest called for the approval of the minutes from the meeting. A <br /> motion was made by Director Fendley, seconded by Director Wall, for approval <br /> of the minutes as presented. The motion carried unanimously. <br /> <br /> <br /> President Guest advised the Board Members that Mr. Anderson was not able to <br /> attend the meeting, but he had furnished a statement of the sales tax revenues for <br /> fiscal year 2001-2002. <br /> <br /> President Guest called for consideration, of and possible action on a proposal <br /> from Cliff Parker for assistance from the PEDC in a manufacturing operation. <br /> Mr. Parker came forward telling the Board that what they are looking to do is <br /> actually manufacture jewelry. Mr. Parker explained what a lot of importers are <br /> doing is the bead work and the crimp work including using a lot of different <br /> stone in the jewelry industry. He advised that this a very simple form of <br /> manufacturing and they do some of this type work in the store now without <br /> stock for the general public. What he wants to do is hire two full time <br /> employees who produce jewelry in the back of the store. The stock will go out <br /> with a traveling sales representative Who will sell to other businesses in a four- <br /> state area, Oklahoma, Arkansas, Louisiana and Texas. Mr. Parker said most of <br /> this year, he has been wholesaling jewelry to other businesses, which he started <br /> up basically for buying power. Mr. Parker told the Board that stonework has <br /> become really popular. <br /> <br /> <br /> <br /> <br />