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V T X A �S <br />OMIC DEVELOPMENT COP PORATION <br />TO: Mayor, Mayor Pro Tem & Paris City Council <br />CC: Rose Beverly, City Manager <br />1e 1 <br />FROM: Maureen Hammond, Executive Director of Paris Economic Development Corp. <br />SUBJECT: PEDC's Approved Plan of Work for FY 2025 <br />BACKGROUND: <br />Pursuant to Section 4.03, paragraph 4 of the PEDC Bylaws, "The Board shall develop an annual plan of <br />work outlining the activities, tasks, projects, and programs to be undertaken by the Board during the <br />upcoming fiscal year. The annual plan of work shall be submitted with the annual budget as outlined in <br />Section 8.03 of these Bylaws." <br />STATUS OF ISSUE: <br />A Plan of Work for the 2025 fiscal year was brought before the PEDC Board for approval during their July <br />15, 2025, Annual Board meeting. The Board has approved that attached Plan of Work, and per Section <br />4.03, paragraph 4, we are submitting said plan alongside the annual budget (budgets sent under separate <br />cover). <br />REQUESTED ACTION: <br />Accept the Plan of Work alongside the PEDC annual budget submitted to the City Manager for inclusion <br />in her annual budget to be presented to the City Council. <br />