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PEDCBoard Meeting Minutes October 2O,2O17 Page 5 of 5 have udedicated sales tax. Mr. Hernandez asked about Chapter 300and if there is any guarantee the money would be used on economic development. Mc Paris stated that there ia no guarantee on the amount of money that would be in the budget each year for economic development. • Atthe last meeting woshowed kzhave ularge electric bill, which wothink iabecause wo are paying for both the Caddo Museum and Genealogy. We are setting up unuoeting with the other two entities about the expenses. • The job creation survey is complete with about 402 coaponaoa. We will put out an orocu1vo aunznuucy and share the findings with our Board and City Council. The Paris citizens vvun1 both industrial and co1oil economic development. The aucroy is showing weakness inufew areas: cleanliness ofthe City, quality oflife, activities 1odo. • The FubToch conference is in Chicago, November 8 m through 91h , and the PEI}[ is participating with Oncor and about twelve area economic development groups. • YVohave received ulead from the European American Investment Council (EAI[). Also, � the E/�l[has uconference r�ovonuboc|8-|/ 1h that vvowill boattending. Convene into Executive Session: ») Section 551.007; I}olibocu1on of Economic Development Negotiations to dolibocu10 [onznzocciul and Financial Information and Economic Incentives relating to the following: Commercial real-estate development. |\ Project Orange Fire Chairman Manning convened the Board into executive session at 10:45 a.m. [huicnzun Manning reconvened the Board into open session at 11:07 a.m. No action was taken on items discussed inExecutive Session. No future agenda items were discussed. Mc. Banks nzudo umotion kz adjourn. Mc Hughes seconded the motion. Vote was 5 -ayes to 0 -nays. The meeting was adjourned at 11:08 a.m. Respectfully submitted, Paula Brownfield Administrative Assistant