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<br /> <br /> <br /> <br /> <br /> <br /> <br /> Paris Economic Development Corporation <br /> Meeting Minutes <br /> March 29, 2011 <br /> <br /> Board Members Staff Steve Gilbert <br /> Present: Pike Burkhart, Sr. Present: Shannon Barrentine <br /> Doug Wehrman <br /> Chad Brown <br /> Rick Poston <br /> Ex-officio Members Guest(s) <br /> Present: Pam Anglin Present: Connie Beard, The Paris News <br /> Gene Anderson Fred Green, R3bi Incubator Director <br /> Grant & Kelli Mallicote <br /> <br /> Legal City Council <br /> Counsel: Kent McIlyar Liaison(s): Edwin Pickle <br /> <br /> <br /> Pike Burkhart, called the meeting to order at 4:05 p.m. Pike welcomed those present. <br /> Minutes from February 8, 2011 were approved, as submitted, by a motion from Doug Wehrman; <br /> seconded by Chad Brown. Motion Carried 4-0. <br /> Financial reports for February, 2011 were submitted. Doug Wehrman asked about the Revenue <br /> Bond Interest Payment in the amount of $37,103.50. Gene Anderson explained that amount is the Bond <br /> payment for Paris Packaging, interest paid twice a year and a principal payment one time a year. Paris <br /> Packaging makes a monthly payment to PEDC to almost cover this expense. With no more discussion, the <br /> financials were approved, as submitted, by a motion from Doug Wehrman; seconded by Rick Poston. <br /> Motion Carried 4-0. <br /> Steve Gilbert referenced a couple of packet inserts referencing upcoming events: 2011 Tyler Area <br /> Energy Policy Summit, April 8 from 10 a.m. to 1 p.m. at the University of Texas at Tyler; and Northeast <br /> Texas Trail Supporters Workshop sponsored by the Department of Interior on April 12 at the Love Civic <br /> Center from Ip.m. to 4 p.m. the speaker will be from the Katy Trail in Missouri. Steve then referred the <br /> R3bi Incubator update to Fred Green. Fred Green, R3bi Incubator Director told those present that his goal <br /> was to have the facility open by May 1st. The facility is located at 1445 Clarksville Street in the <br /> Williamsburg Shopping Center across from Kroger. This facility offers more space than the previously <br /> discussed TXU building. Some problems have arisen: electrical problem involving one of the HVAC units <br /> and asbestos will need to be abated. This location provides more office space with opportunities to <br /> generate revenue from day use fees, virtual incubator and services of a technical write that Campbells <br /> Soup and NextEra Energy have expressed interest in using. Fred proposes a smaller revenue shortfall of <br /> $8,000 vs. $25,000 that was originally projected. The Feasibility Study outlined the focus on Agri- <br /> Business. An Ag Forum has been scheduled for May 4th to identify future opportunities in this area. <br /> Attendees and/or Panel members for the Forum are from the Governor's Office and USDA at the State <br /> and Local levels. Rick Poston told Fred that he needed to make contact with Damon Wells of the National <br /> Turkey Federation to see what contacts and areas of need could be identified. <br /> <br /> <br /> <br /> <br /> <br /> 11 <br />