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Paris Economic Development <br />Corporation <br /> November 17, 2004 <br /> Page 2 <br />Paris Economic Development Corporation in negotiations with a third <br />person and to discuss possible incentives, pending negotiations, and <br />commercial or financial information from business prospects and potential <br />financing. <br /> A. Sale of real estate <br /> B. Incentive for T & K Machine <br />Director Severson closed the Executive Session at 4:50 p.m. and <br />reconvened the Open meeting. <br />On the sale of real estate, Director Bass made a motion to table action on <br />that. The motion was seconded by Director Norment and passed <br />unanimously. <br />On the incentive for T & K Machine, Director Norment made a motion to <br />authorized Executive Director Vest to negotiate a contract. The motion <br />was seconded by Director Bass and carried unanimously. <br />There being no further business, the meeting adjourned. <br /> ____________________________________ <br /> RICHARD SEVERSON, Secretary-Treasurer <br />APPROVED AS TO FORM: <br />_____________________________ <br />SHERIAN DIXON, Asst. City Clerk <br />