03-A PEDC Min 02-15-06 - Laserfiche WebLink

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PEDC Minutes January 18,2006 Page 2 Gary Vest gave his director's report. Project Hurricane is going well. The PEDC will try to set up a meeting with the company on Friday to finalize the Texas Enterprise Fund Application. Alexandra, LA is the only other city the company is considering. Pike Burkhart is working with United Technology who needs a 70'x70' warm weather testing pad for their compressors. The pad needs 200' clearance in all directions and the company will need a small storage shed for some testing equipment. Gary and the board discussed assisting in supplying a site as a means of good will and for opening opportunities for further development. P.J. Trailers will be adding 200,000 S.P. to there existing facility to start building enclosed trailers with a new composites and plastic. Mel will be meeting with The North Texas Regional Center for Innovation and Commercialization (RCIC) to apply for funding for this operation. Christine Grubbs from the RCIC will be here next week to meet with them about the application process. Gary went with Kimberly Clark to Austin to meet with Economic Development Office in regards to their Enterprise Project application. The staff met with TXU in Dallas on January 4th to talk about Paris and current projects. On January 17th Gary and the NETEA went to Austin to meet with the Staubach Group, the Texas Workforce Board and the Governor's Economic Development & Tourism office to present a program on the benefits of locating in the Northeast Texas area. Gary and Chad attended the winter meeting of the Texas Economic Development Council. Gary also discussed using PEDC adverting money to help the city in placing entryway signs in Paris. There was no chairman's report. With no further business to come before the Board, the meeting adjourned at 1:10 p.m. with a motion by Dick Severson and a seconded by Glen Bawcum. ~~/ Chad Madding C// Assistant Director