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t r X A: <br />-=nECONOMIC DEVELOPMENT CORPORATION <br />Where Texans Reach Higher <br />TO: Mayor, Mayor Pro Tem & Paris City Council <br />CC: Rob Vine, Interim City Manager <br />DATE: July 22, 2024 <br />FROM: Maureen Hammond, Executive Director of Paris Economic Development Corp. <br />SUBJECT: PEDC's Approved Plan of Work for FY 2023-2025 <br />BACKGROUND: <br />Pursuant to Section 4.03, paragraph 4 of the PEDC Bylaws, the Board shall develop an annual plan of work <br />outlining the activities, tasks, projects, and programs to be undertaken by the Board during the upcoming <br />fiscal year. A proposed Plan of Work for the 2023-2025 fiscal year was brought before the PEDC Board for <br />approval during their July 12, 2024, Planning Session meeting. The Board has approved a Plan of Work, <br />and per Section 4.03, paragraph 4, we are submitting said plan alongside the annual budget (budgets sent <br />under separate cover). <br />STATUS OF ISSUE: <br />Plan of Work approved by Paris EDC Board on July 12, 2024. <br />PLAN OF WORK: <br />See attached for the Paris EDC's Plan of Work for FY 2023-2025. <br />RECOMMENDATION: <br />Accept the Plan of Work alongside the PEDC annual budget submitted to the City Manager for inclusion <br />in his annual budget to be presented to the City Council. <br />111101i=1-1111 <br />11117,1111 <br />�� ul�1 I,UI II <br />U � <br />