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PEDC Board Meeting Minutes <br />July 20, 2021 <br />Page 3 of 3 <br />• Metro Gate Manufacturing — Metro Gate had a celebration of their expansion at their facility on July 13, <br />2021. Ms. Hammond reported that the company has created 15 additional jobs beyond the initial 40 jobs <br />they had at the start of their performance agreement. <br />Convene into Executive Session: <br />1) Pursuant to Section 551.072 of the Texas Government Code to discuss and deliberate the purchase, <br />exchange, lease, or value of real property. <br />2) Pursuant to Section 551.087 of the Texas Government Code to (1) discuss or deliberate regarding <br />commercial or financial information that the governmental body has received from a business <br />prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of <br />the governmental body and with which the governmental body is conducting economic development <br />negotiations; or (2) to deliberate the offer of a financial or other incentive to a business prospect <br />described by Subdivision (1), to wit: <br />• Project Highway <br />• Project Iron Horse <br />• Project Rocket X <br />• Project Fast Track <br />• Project Mustang <br />3) Pursuant to Section 551.074 of the Texas Government Code: 1) to deliberate the appointment, <br />employment, evaluation, reassignment, duties, discipline, or dismissal of a public officer or <br />employee: or 2) to hear a complaint to charge against an officer or employee. Personnel. <br />Chairman Bray convened the Board into Executive Session at 5:41 p.m. <br />Reconvene into O en Session and Consider Action on Items Discussed in Executive Session <br />Chairman Bray reconvened the Board into Open Session at 6:14 p.m. <br />No action was taken on items from executive session. <br />Discuss Future A ends Items <br />No future agenda items. <br />Ad'ourn <br />Mr. Homer made a motion to adjourn the meeting. Mr. Fendley seconded the motion. Vote was 6 -ayes to 0 -nays. <br />Mr. Bray adjourned the meeting at 6:15 p.m. <br />Respectfully submitted, <br />Paula Brownfield <br />Administrative Assistant <br />Paris Economic Development Corporation <br />