05/25/2018 Minutes - Laserfiche WebLink

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May 25, 2018 Page 3 of 4 I 00== lism=00-0-10 i We closed on the old Superior Switch property. We will start working with a group I Phase 11 of the project. The former owner has six months to get the materials from ins the building. We are looking into selling the metal in the building before demolition, so 17477im. After we received approval from the Board to sell the generator and the building at the o Oliver Robber building, we will receive $3,500.00 for the generator and $ 1,000.00 for I-beam in the structure. Frankie Norwood will receive a portion for selling both items US. If Stone Title informed us that we had $5,000.00 in escrow. In 2015 the PEDC and International Truck were negotiating on property in the NW Business Park. They put down an option on the property and never followed through. We visited with Huhtamaki. They have 259 employees at the moment. The Plant Mana Adam Routon, brought in his Regional Director, Steven Dandy, ftom Mississippi. Th are looking at a possible expansion and we are going to see how we can help them. 1 The Plastics Show was in Orlando, Florida this month. There were eight EDCs th participated with Oncor manning the booth. The show was not as productive as previol n shows and one reason was where the Oncor booth was located. Only forty to fiffity nam For prospect activity, we have a large project that is looking at land on the Southwest Loop. It looks promising since we are one of three communities vying for the project. Someone is interested in putting a flight school at Cox Field. We are doing a survey on air travel, but were hoping for more results. Convene into Executive Session: Section 551.087; Deliberation of Economic Development Negotons to deliberate Commercial ant Financial Information and Economic Incentives relating to the following: Commercial real-estat(.- development. 0 American SpiralWeld Pipe 31H 1w lir 11111111 i Ji 111,11111!'111191