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Regular Council Meeting April 22, 2024 Page 5 Council Member Savage said the history of giving a Key to the City was to welcome those coming from out of town into Paris, such as a dignitary guest. He also said that citizens were given awards. Mayor Hughes said he understood the meaning of the Key to the City. Council Member Savage said giving a Key to someone such as Prince Harry would be impactful. Council Member Pilgrim said if a company celebrated 100 years in business, then they might want to give them a Key but that he also understood what Council Member Savage was referencing. Mr. Path said it would be an annual award of the key at the Lamar County Chamber Banquet. Council Member Savage said they could create a citizen award of the year and not give a Key to the City to a citizen because a citizen came and went into the City. Council Member Norment said she thought they could do both. Council Member Savage said since they did not have to do this at the moment that maybe, they should review the policy and come up with something different. Mr. Path said he could bring back some alternative language with regard to the eligibility section. Council Member Savage asked if he could send it to the City Council in advance and Mr. Path answered in the affirmative. Council Member Norment suggested taking out the annual part and that giving of the key be impactful. A Motion to table this item was made by Council Member Savage and seconded by Council Members Norment and Pilgrim. Motion carried, 7 ayes — 0 nays. 21. Discuss and act on RESOLUTION NO.2024-022: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, APPROVING AMENDMENTS TO THE BYLAWS OF THE PARIS ECONOMIC DEVELOPMENT CORPORATION REMOVING TERM LIMITS FOR MEMBERS OF THE BOARD OF DIRECTORS; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE. PEDC Director Maureen Hammond explained the current Bylaws restricted board members to only two consecutive three-year terms and the policy review committee recommended to remove this limitation, permitting board members who have served a full term to qualify for additional terms. Ms. Hammond said the PEDC Board met on March 19ffi and unanimously approved an amendment to the Bylaws removing the term limits to serve on the Board. Board Member Mark Homer added that a term limit should be much like that of a County or State Office, not by Statute but by a vote. He explained the importance of continuity when working on economic development projects and the fact that some could take several years to completion. Council Member Pilgrim added that continuity was huge and referenced several project in which it took three to five years to complete. A Motion to approve the amendment to the PEDC Bylaws was made by Mayor Pro -Tem Pankaj and seconded by Council Member Pilgrim. Motion carried, 7 ayes — 0 nays. 22. Discuss and act on RESOLUTION NO. 2024-023: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, WAIVING INTEREST ON A DANGEROUS STRUCTURE ABATEMENT LIEN ON PROPERTY DESCRIBED AS CITY OF PARIS BLOCK 39, LOT PT 2, LOCATED AT 239 N.E. 2ND STREET; MAKING OTHER FINDINGS AND PROVISIONS; AND DECLARING AN EFFECTIVE DATE.