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ST' IE X A 5 <br />'E wI..d11UpmI N'V' *:'.N:" nPOPA V'"ON <br />Mr. Bray opened the floor to discussion regarding the future direction of the PEDC. <br />Mr. Bray noted that as lead generation slows and cash flow becomes tighter, the PEDC may want to <br />broaden its focus to include areas such as entrepreneurship. Mr. Homer emphasized that prioritizing the <br />retention and expansion of existing industries should remain a key goal for the PEDC. Mr. Fendley <br />echoed Mr. Homer's sentiment, reinforcing the importance of business retention and expansion efforts. <br />Mr. Roddy suggested that the PEDC's focus could be expanded to a more regional approach to attract a <br />bigger workforce. Mr. Terrell mentioned that constructing a speculative building and a new PEDC office <br />could help attract investors to the area. He also proposed that the PEDC consider marketing beyond <br />Lamar County, highlighting that a broader outreach could bring in additional talent and industry. <br />Furthermore, Mr. Terrell pointed out that the City of Paris and Lamar County could enhance the overall <br />appeal of the city's entrances, citing the importance of regularly maintaining traffic medians as an <br />example. Mr. Coleman stressed the necessity for improved infrastructure on PEDC properties in <br />anticipation of future economic growth. Lastly, Dr. Hashmi referred back to points he made in earlier <br />discussions. <br />Ms. Hammond thanked all in attendance for their input and expressed her excitement for the upcoming <br />year. <br />Mr. Bray closed roundtable discussions by thanking Ms. Hammond for her continued support of <br />economic development during the last four years. <br />Adjourn <br />Chairman Bray declared the meeting adjourned. <br />The meeting was adjourned at 1:24 p.m. <br />Respectfully submitted, <br />Adam Cawthon <br />Executive Assistant <br />Paris Economic Development Corporation <br />Page 5 of 5 <br />