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Item No. 12 <br />r <br />TO: City Council <br />John Godwin, City Manager <br />FROM: Michael Paris, PEDC Executive Director <br />SUBJECT: PEDC 2019-2020 ANNUAL BUDGET <br />DATE: August 6, 2019 <br />BACKGROUND: The Paris EDC Board met on July 23, 2019, to discuss and approve a budget <br />for fiscal year 2019-2020. <br />STATUS OF ISSUE: The PEDC Board discussed and approved the attached 2019-2020 Budget <br />on July 23, 2019, and requests that it be approved by the City Council as required by the PEDC <br />bylaws. <br />BUDGET: N/A <br />RECOMMENDATION: Motion to approve the proposed 2019-2020 PEDC Budget. <br />