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PEDC Board Meeting Minutes March 21, 2017 Page 3 of 4 have all the documentation to pay this second $8,000. Mr. Paris went over the TML Insurance Benefits and said that we have added $8,500 to that item. He went on to say that we will have the changes ready to vote on in April and then present to City Council. Discuss and possibly approve Executive Director's benefits in context to new TML benefits. Mr. Paris explained that when the first invoice from TML was sent to Gene Anderson in Finance that Mr. Anderson came back and asked if amendments were made to the Executive Director's contract since the contract states a $1,000 a month allowance for insurance benefits. Mr. Anderson is seeking clarification of the Executive Director's contract agreement. Mr. Paris said it should say "The Board choses to pay the Executive Director, Texas Municipal League benefits to he or she and the dependents if he or she shall chose to do that." Mr. Brockman added "for health, dental and vision." And then Mr. Brockman made the motion stating again that the Board choses to pay the Executive Director, Texas Municipal League benefits for health, dental and vision to he or she and the dependents if he or she shall chose to do that. Mr. Hughes seconded the motion. Vote was 5 -ayes to 0 -nays. Discuss and possibly approve SuRRMA's request for support from each entity with a pledse of $2000 a year which will build a reserve fund. Ms. Harris said that under 501.103 Texas Local Government Code she does not see a way to make it an appropriate project. Specific sites are allowed, but general infrastructure is not in a Type A Corporation. Mr. Paris wanted to know how it was looked at when the PEDC contributed to the Highway 24 project. Was it a specific project? Mr. Wilson answered that it was a specific infrastructure project that had everything in place before we got involved. Mr. Brockman asked if SuRRMA might restate the request in an acceptable format. Mr. Wilson stated SuRRMA was looking for operating expenses and we could take the amount from marketing. Mr. Banks asked how a reserve fund for SuRRMA can be a marketing expense in our budget. Mr. Paris said that other EDCs use their marketing monies flexibly. Mr. Banks reminded everyone that we are a Type A Corporation which is very limited in the spending of our funds. Mr. Manning asked Ms. Harris if there was a legal way for the PEDC to support SuRRMA's reserve fund. She replied that as a project there was not, but as a promotional expense it could be legal. Mr. Banks made a motion to table this item. Mr. Wilson seconded the motion. Vote was 5 -ayes to 0 -nays. Executive Director's Monthly Report. • A thank you goes out to Ken Higdon, his staff, and volunteers. Lamar County Days was a great success. Mr. Hughes and I met with the Governor's Office staff members discussing Paris and our major manufacturers. We were invited back to the Governor's Office because of an idea that we came up with. Along with staff from the Governor's Office, members from the Texas Economic Development Foundation and representatives from the Texas Workforce Commission will be joining us on March the 30th. • Project Sun Bird is still very active and under discussion. Project Iron Anchor will be taken to the Governor's Office. Project Wind Cave which was an RFP from the Governor's Office would like to come back and for a site visit in April. Wind Cave does coating for tubing, approximately 150 jobs, significant investment, and a large space.