12/05/2023 Minutes - Laserfiche WebLink

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f is" �ffIff r ECroW>uAM CAVEA a great deal of value for all three entities, especially for the PEDC, noting that the three core things that she believes will be of particular interest to the PEDC are commuting patterns, residential leakage, and traffic counts. She continued by stating that it will also provide services in supporting the city in retail recruitment, in conjunction with traffic counts and utilization of geofencing. The software is $15,000 annually and she is seeking board approval to participate in a three-way split, bringing the PEDC cost to $5,000 for a year-long contract. She noted that the City has already signed an agreement with Placer.ai and the PEDC would be reimbursing the city in the amount of $5,000. Ms. Hammond concluded the discussion by stating that in the interest of transparency, she wanted to present this to the board for consideration and approval, as the PEDC Executive Director can move forward based on the PEDC's current budget and current spending thresholds. Mr. Coleman made the motion to approve sharing the cost of the Placer.ai joint software platform for one year with the City of Paris and Lamar County Chamber of Commerce, with each party contributing one-third of the total amount. Mr. Roddy seconded the motion. Vote: 5 -ayes to 0 -nays Report and Updates by Executive Director Maureen Hammond Huhtamaki: Ms. Hammond stated that on Friday, December 1St Huhtamaki held their groundbreaking ceremony to celebrate their expansion which will drive an estimated $85,000,000 in new capital investment and will provide 80 new jobs. She noted that it was a great event and expressed appreciation to all of the board members who were able to attend and participate. Ms. Hammond went on to relay a recent development that had emerged in the few weeks prior to the meeting, stating that Huhtamaki has agreed to grant access to the cemetery on the new road they will be constructing connecting Loop 286. She emphasized that this serves as another example of Huhtamaki's commitment to the community. Ms. Hammond went on to convey that Huhtamaki has received all of their permits from the city and that they've started demolition with progress updates to follow. Chairman Bray briefly provided a comment stating that he appreciates everybody's support and attendance, highlighting that there was great support from the PEDC Board, City Council, and the media, with many people in attendance. PEDC Website Update: Ms. Hammond provided an update on the PEDC website noting that the website has been under development for several months. The contract to design and build the website was with DeadCat Media. She provided thanks to the Marketing Committee, including Dr. Hashmi, Mr. Terrell, and Mr. Roddy for their participation in the process of getting the website completed. She provided special recognition to Lea Emerson from DeadCat Media, stating that her work has been exceptional. Ms. Hammond stated that Lea has excelled in graphic design, data organization, and building out functionality which resulted in a first-class, aesthetically pleasing website for the PEDC. Ms. Hammond also recognized the PEDC team, which has had significant involvement in this process of content creation, organization of data, and reviewing data. She went on to thank Lauren for all of her efforts and assistance provided throughout the process. The report continued with a visual overview of the website and its key features, noting that the target audience for this website is site selectors, Page 4 of 6