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06-B PEDC Budget 2007-2008
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06-B PEDC Budget 2007-2008
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Last modified
8/23/2007 5:44:56 PM
Creation date
8/23/2007 5:44:49 PM
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AGENDA
Item Number
06-B
AGENDA - Type
RESOLUTION
Description
Approving the Paris Economic Development Corporation budget for FY 2007-2008
AGENDA - Date
8/27/2007
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<br />Lamar County - Paris Economic Development Plan <br /> <br />Paris Economic Development Plan <br />Five Year Goal <br /> <br />Goal # 1: Create 500 new primary industry jobs. <br />Task Completed By Completed <br />When <br />1. The present economic development existing industry program will have to be expanded. <br />B. Within the next twelve months, all primary industry "type" businesses will be <br />identified. Staff from the economic development organization will have confidential PEDC June, 2008 <br />meetings with these businesses to determine what action the conununity can take to <br />encourage more employment. <br />2. The present economic development recruitment program will have to be expanded. <br />A. Within twelve months, the economic development staff will redesign the web PEDC June, 2008 <br />site reflecting the format of the IEDC data standards. <br />B. Within one year, a recruitment plan will be created and funding expanded. PEDC June, 2008 <br />C. Within two years, an expanded recruitment program should be initiated. PEDC June, 2009 <br />3. An economic development "Start-Up" program will have to be created. <br />A. Within one year, a plan will be developed to create an economic development Special Task Force June, 2008 <br />Start-Up Program which shall include funding sources. <br />B. Within two years the PEDC will begin to coordinate the acquisition of the PEDC June, 2009 <br />incubator and implement the Start-Up Program. <br />C. Within two years, sources of venture or start-up capital should be identified. Special Task Force June, 2009 <br />D. Within three years, the Start-Up Program will be fully operational including Special Task Force, PEDC, <br />having a building, a relationship with a group to counsel the businesses, a relationship PJC June, 2010 <br />with the PJC, and a multi-county out-reach program. <br /> <br />Paris Economic Development Corporation <br /> <br />Page 36 <br />
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