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EXAS � O' MIC IDEVEILOPM t C � I� OR STI 11, f„ x at," -its Reach f rl, igf"'j er Report and Updates by Executive Director Maureen Hammond NW Industrial Park EDA Grant: Ms. Hammond reported that the PEDC has two outstanding reimbursement requests for the EDA Grant of approximately $500,000. She further reported that the grant has approximately $200,000 remaining in contingency funds and that the PEDC has contacted multiple contractors for estimates to install fiber internet lines to the NW Industrial Park and is awaiting a response to the requests. Amazon Last Mile Facility Tour: Ms. Hammond reported that the PEDC was invited to tour the Amazon Last Mile Facility on January 16, 2025. She reported that, during the tour, she was informed that the facility currently employs 100 people internally, as well as 100 delivery drivers. She provided commentary, noting that 200 direct jobs were more than had been anticipated and was a fantastic win for the community of Paris. Lionshead Specialty Tire & Wheel: Ms. Hammond reported that Lionshead received their Certificate of Occupancy in December 2024 and are in compliance with their performance agreement. She reported that the National Property Development Manager, Joe Tinervia, informed her that the facility is currently running production, with a staff of 12 employees and are serving two customers at this time. She noted that Mr. Tinervia offered to give the PEDC a tour of the facility during his next visit. She further noted that Lionshead plans to hold a Grand Opening ceremony, and that a date will be provided in the coming months. TxDOT: Ms. Hammond reported that TxDOT intends to open their new district headquarters during Summer 2025 and has requested that the PEDC assist with planning a Grand Opening ceremony. She added that the Director of Transportation Planning and Development, Dan Perry, would be giving the Board a brief presentation, during either February or March, that would include current and future TxDOT projects. Ms. Hammond opened the floor to questions regarding her report. There were no questions. Convene into Executive Session: Pursuant to Section 551.087 of the Texas Government Code to 1) discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have to locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations; or 2) to deliberate the offer of a financial or another incentive to a business prospect described by Subdivision (1), to wit: a) Project Blue Fire b) Project Fancy Dirt II. Pursuant to Section 551.072 of the Texas Government Code to discuss and deliberate the purchase, exchange, lease, or value of real property. Page 3 of 4