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<br />PEDe Minutes <br />April 17, 2006 <br />Page 2 <br /> <br />Simms Norment was glad to see the project may be coming to Paris and tying the <br />job requirement to the abatement. Mike asked about outsourcing and Charles <br />Lynch said that the Paris plant has a low rage rate and there would be no need to <br />outsource. There was a motion by Glen Bawcum and second by Mike Dunn. <br />Gary talked about supporting KC at the next city council meeting. <br /> <br />Project Hurricane is still an active project. They are now going back and looking <br />for an existing building. Gary talked about the announcement of Newlyweds <br />Foods in Mt. Pleasant. The PEDC has been working with TxDOT on a <br />deceleration lane in front of Campbell's Soup. The project will cost $147,000 and <br />TxDOT has asked the PEDC to contribute $50,000 to the project. This action will <br />be on next month's agenda. The PEDC staff will be attending the TEDC Spring <br />meeting in Frisco this month. Ryan & Co. are working on an Enterprise Project <br />Designation for Campbell's Soup. To address the high energy cost Gary talked <br />about getting industry leaders to go to Austin and set up meetings to talk with <br />state leaders about this problem. Tony Williams spent some time talking about a <br />video that the members need to watch on open meetings. Tony Williams will get <br />back to the board when more information is known. <br /> <br />The chairman's report was given by Simms Norment. He was grateful to Tony <br />Williams for his help in the Tax Abatement meetings. The 7 year plan falls in line <br />with the State's laws and the extension was a good idea. <br /> <br />With no further business to come before the Board, the meeting adjourned at 4:37 <br />p.m. <br /> <br />C0~/ <br /> <br />Chad Madding <br />Assistant Director <br />