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382 <br /> <br /> <br /> President Rhodes stated that the next item on the agenda was approval of the <br /> minutes from the previous meeting of the Paris Economic Development <br /> Corporation. He asked if there were any corrections or additions to the minutes <br /> of the previous meeting and there were none. Boardmember Dick Amis made a <br /> motion, seconded by Boardmember Melba Harris, that the minutes be approved <br /> as presented. The motion carried unanimously. <br /> <br /> President Rhodes asked Boardmember Amis to give the financial report in the <br /> absence of Gene Anderson, Director of Finance. Mr. Amis gave the September <br /> report. President Rhodes asked if anyone had any questions, and there were <br /> none. Boardmember Harris made a motion, seconded by Boardmember Amis, <br /> that the financial report be approved as presented. The motion carried <br /> unanimously. <br /> <br /> President Rhodes asked Gary Vest to give the Director's Report. Mr. Vest <br /> discussed responses received due to the advertising program and stated that he <br /> had attended the Annual T.E.D.C. Conference held in Corpus Christi. He stated <br /> that they had received the Community Economic Development Award, and at the <br /> last City Council meeting he had presented it to Mayor Neeley for placement in <br /> City Hall. Mr. Vest discussed the Texas Air Quality Coalition which is a group of <br /> counties along the Red River. He stated that a group of individuals had met with <br /> Senator Ratliff. Mr. Vest discussed the action of Mr. Haywood concerning the <br /> counties in his district, removal of which had tentatively been agreed upon. Mr. <br /> Vest said that he had obtained information this past week that thirty counties <br /> have been removed from the original strategy. He said there is a possibility that <br /> at a future date, in order to continue to fight, it may become necessary for a new <br /> funding request. Mr. Vest stated that he will come back before the Board when it <br /> becomes necessary to request another contribution to the Air Quality Coalition. <br /> <br /> President Rhodes asked Mr. Vest to discuss the next item on the agenda. Mr. <br /> Vest said the next item was consideration of and action on authorizing the <br /> execution of the Incentive Agreement for International Piping Systems, Inc. He <br /> said the Board had authorized him to negotiate an incentive agreement with this <br /> company and they are tentatively scheduled to sign the documents. He said that <br /> they are waiting for the Board to take official action today and adopt this <br /> resolution and agreement. He said that they have requested that it be forwarded <br /> to them as quickly as possible. <br /> <br /> City Attorney Scott Foster read the resolution. <br /> <br /> Resolution No. 98-012, authorizing the execution of the Incentive Agreement for <br /> Turner International Piping Systems, Inc. <br /> <br /> PARIS ECONOMIC DEVELOPMENT CORPORATION <br /> <br /> RESOLUTION NO. 98-012 <br /> <br /> WHEREAS, the Paris Economic Development Corporation is a non-profit corporation <br /> governed by the Development Corporation Act of 1979 (the Act) and was established for the <br /> purposes of promoting, assisting, and enhancing economic development; and, <br /> <br /> WHEREAS, the means and measures authorized by the Act and the assistance provided <br /> therein with respect to financing are found to be in the public interest and serve a public purpose <br /> of the state in promoting the welfare of the citizens of the state economically by the securing and <br /> retaining of business enterprises and the resulting maintenance of a higher level of employment, <br /> economic activity, and stability; and, <br /> <br /> <br />