Laserfiche WebLink
57 <br /> <br /> <br /> Mr. Vest said he felt the Board should decide what they want to <br /> do as far as getting into the land business.' He said the <br /> Industrial Foundation was originally formed for the purpose of <br /> acquisition of industrial sites to be held for industrial <br /> projects. Mr. Vest said the Paris Industrial Foundation at <br /> this time basically does not have any funds, and that is why <br /> they have come to the Board with this request. Mr. Vest said <br /> with the creation of the Paris Economic Development Corporation <br /> he felt it would be very difficult for the Industrial <br /> Foundation to operate as it has in the past. He said he felt <br /> the general consensus of the people in the community was that <br /> they want the Board to hold the title to do whatever is <br /> necessary to make the property presentable for marketing. Mr. <br /> Amis said that as a spin off of this request, the Foundation <br /> owns the adjoining property and they have been financially <br /> unable to maintain it in a good showing condition. Mr. Amis <br /> said that he felt eventually the Foundation would come to the <br /> Board for the adjoining property. <br /> <br /> Mr. Haynes said he understood that it is just a matter of time <br /> before all of the Foundation's holdings would be transferred <br /> into this Corporation. It was the consensus of the Board that <br /> this was a transition they were involved in now and they were <br /> working towards the same goal. <br /> <br /> Board member Amis made a motion, seconded by Board member <br /> Barney Bray, that the Board approve the purchase of the tract <br /> of land at the amount that Mr. Westbrooks requested of <br /> $18,381.00, and the motion carried unanimously. <br /> <br /> Mr. Fendley asked Mr. Anderson if he was ready to give the <br /> Financial Report at this time. Mr. Anderson explained that the <br /> Board had been given a copy of the standard report consisting <br /> of the balance sheet showing the cash balance as of today, <br /> revenue summary, and the expenditures. Mr. Anderson asked for <br /> questions. There was discussion regarding the Soup Street <br /> Project. Chairman Fendley said if there was .no other <br /> discussion, then the report was accepted as presented. <br /> <br /> Vice President Fendley asked Mr. Vest to make his report. Mr. <br /> Vest stated there were two things he would like to report on <br /> concerning industrial activities. He said they had been <br /> working with Clayton Mobile Homes out of Tennessee, but they <br /> decided on a location in Bonham. He said he had also received <br /> a request this week from one of the local industries for some <br /> loan assistance. He said he was reviewing this now and <br /> information would be sent out to all the members of the Board <br /> for action at a later meeting. <br /> <br /> Mr. Vest said regarding the Annual Plan of Work, he had asked <br /> Chairman Cecil to give him some more time. He said he hopes to <br /> have something to the Board members in the next few weeks for <br /> discussion at the next meeting. He said at the present time he <br /> has identified four major goals. He said one would be a public <br /> relations campaign primarily focusing on the local businesses, <br /> and then the marketing plan promoting the advantages and <br /> positive aspects of our community, industrial recruitment <br /> including retention/expansion of local industries and target <br /> sector industries, community development which includes <br /> infrastructures and work force training and education. He said <br /> he would be getting something to the Board members for review <br /> before the next meeting. <br /> <br /> <br />