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PARIS ECONOMIC DEVELOPMENT CORPORATION <br />SPECIAL MEETING <br />Community Room next to PEDC Office <br />1125 Bonham Street <br />Paris, Texas 75460 <br />Thursdgh November 7 2019 <br />4:00 O'CLOCK P.M. <br />Board Members Present: <br />Tim Hernandez, Chairman <br />Shay Bills, Vice -Chairman <br />Mihir Pankaj, Secretary/Treasurer <br />Marion Hamill <br />A.J. Hashmi <br />Ex -Officio Members Present: <br />Paul Allen, Lamar County Chamber President <br />Gene Anderson, Interim City Manager <br />Steve Clifford, Mayor <br />Legal Counsel: <br />Stephanie Harris <br />Call to Order. <br />MINUTES <br />Staff Present: <br />Michael Paris, Executive Director <br />Chris Stout, Economic Development Associate <br />Guest(s) Present: <br />Mary Madewell, The Paris News <br />Amanda Cutshall, eparisextra.com <br />Shrinath Sundaram, President of Attadus, Inc. <br />City Council Liaison: <br />Paula Portugal <br />Mr. Hernandez called the monthly meeting of the Paris Economic Development Corporation to order at 4:00 p.m. <br />on November 7, 2019. <br />Convene into Executive Session: <br />1) Pursuant to Section 551.087 of the Texas Government Code to (1) discuss or deliberate <br />regarding commercial or financial information that the governmental body has received <br />from a business prospect that the governmental body seeks to have locate, stay, or expand in <br />or near the territory of the governmental body and with which the governmental body is <br />conducting economic development negotiations; or (2) to deliberate the offer of a financial <br />or other incentive to a business prospect described by Subdivision (1), to wit: <br />• Project Iron Shovel <br />• Project Rocket X <br />• J. Skinner <br />• Project Rainwater Falls <br />Reconvene into O yen Session and )ossibly take action on item discussed in Executive Session. <br />1. Motion to offer incentives as proposed for Project Iron Shovel. Dr. Hashmi made the motion, Mr. Pankaj <br />seconded the motion. Motion passed 5-0. <br />