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^^'^°'� ECONOYA�C OEVEiO�MENY CORPORATION <br />where Texans Reach digger <br />Citizens' Input <br />Chairman Bray invited those present to speak during the Citizens' Input. No one came forward, and <br />Chairman Bray closed citizens' input. <br />Discuss and Action on 2024-2025 PEDC Budgets <br />Mr. Coleman presented the proposed 2024-2025 PEDC Budgets. Proposed revenue included $1.8 million <br />in sales tax and $150,000 in interest income. He reported a total estimated income of $1,950,000. <br />Mr. Coleman continued by reporting on expenses. Most budget expenses remained the same or had <br />slight increases or decreases. Total proposed budget expenses for 2024-2025 were reported at <br />$3,365,095.00 in comparison to last year's budgeted amount of $2,254,208.64. Mr. Coleman noted that <br />the increase was primarily due to the addition of incentive obligations for Project Blue Fire. <br />Mr. Roddy made a motion to approve the proposed 2024-2025 Budgets. Mr. Terrell seconded the <br />motion. <br />Vote: 7 -ayes to 0 -nays <br />Discuss and Action on 2023-2025 PEDC Plan of Work <br />Ms. Hammond Reported on the 2023-2025 PEDC Plan of Work. <br />Mr. Homer made a motion to approve the 2023-2025 Plan of Work. Mr. Fendley seconded the motion. <br />Vote: 7 -ayes to 0 -nays <br />Discussion on O en Meetin sand Records Protocol b Cit Attorne Ste hanie Harris Cit of Paris <br />Ms. Harris was unable to attend the meeting. Discussion on Open Meeting and Records Protocol was <br />tabled for a later date. <br />Overview of Plan of Work Accomplishments 2020 — 2024 b Executive Director Maureen Hammond <br />Ms. Hammond provided a presentation and review of the PEDC's Plan of Work accomplishments <br />spanning the last four years. This presentation included a list of initiatives encompassing the retention <br />and growth of jobs in Lamar County, the attraction of new employers and industry, the cultivation of an <br />entrepreneurial ecosystem, support of workforce development programs, expansion of the community's <br />land and building assets, the encouragement of a unified vision for the City of Paris, Lamar County, and <br />the PEDC, and the exploration of additional internal and external funding mechanisms. <br />Key highlights included the followin <br />• Launched a new unified joint brand in partnership with the City and Chamber of Commerce <br />• Established a formal site visitation program in partnership with PJC and surveyed employers <br />representing 4,300 employees <br />• Developed and launched a new website <br />• Acquired 123 -site on Loop 286 for non -rail users <br />Page 2 of 5 <br />loffm=11 1I�.�(I�� � I�..o...�.. n�i� �•rY„��� �it w; � � U 1ITIMI. �^^� /IdblNil Oi�� �Ufl 1 wY a mp � � �Ppp, �( �� l kky j u"�IU�1��^�V� �k�; 0�I �.1...... �y� �, �..ri/�I��+t��lfliyrl��Vi��,.1�. �� ���U�Mdio��i�M7�l����*If��l% ��r�������I/�j����I /%�'�%�����/////%, <br />X iI i I'����1 �1fN19�pNiii llt llfi11111'i 4/llJ1!!'�%i% t <br />