2001-10-17-PEDC - Laserfiche WebLink

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676 MINUTES OF THE PARIS ECONOMIC DEVELOPMENT CORPORATION SPECIAL MEETING OCTOBER 17, 2001 The Paris Economic Development Corporation met in special session on Wednesday, October 17, 2001, 4:00 P. M., at Heritage Hall, 1009 West Kaufman Street, Paris, Texas. Director Jay Guest called the meeting to order with the following Directors present: Don Wall, Mike Dunn, and Curtis Fendley. Also present were ex-officio Board Members Bobby Walters, Mike Graxiola, Executive Director Gary Vest, City Manager Michael E. Malone, and City Clerk Mattie Cunningham. Director Guest called for approval of minutes from the previous, meeting. A motion was made by Director Fendley, seconded by Director Wall, for approval of the minutes as presented. The motion carried unanimously. City Manager Malone advised that the financial report for the month of Septemberwas not available at this time because the Finance Director was in the process of closing out the fiscal year and has not completed the process. He stated that the Finance Director would forward a financial report to the Board as soon as it was available. Director Guest called for consideration of and action on a recommendation to the City Council of the City of Paris on the tax abatement application from S. I. Management, Inc., and KG Properties, LLP. Gary Vest, Executive Director of the Paris Economic Development Corporation, advised the Board that this request had been considered at the last meeting and the Board did not take any action. Mr. Vest advised that Gary Kammer, one of the principals of S.I. Management Inc., and KG Properties, LLP was here today to speak. Kenney Kammer who had visited with the Paris Economic Development Corporation at the last meeting asked if this matter could be placed back on the agenda for reconsideration. Mr. Vest said that last month nine incentives were requested. There was confusion about those incentives. Mr. Vest advised that the companies have