Laserfiche WebLink
PEDC Board Meeting Minutes <br />November 15, 2011 <br />4) NE Texas Regional Investors' Network for Entrepreneurs & Innovators <br />C) Civic Engagement & Implementation Observations (Challenges, Barriers, Recamrnended <br />Actions): <br />1) Stretch Goals & Actions; <br />2) Initiative Champions & Civic Stewardship Resources; <br />3) Cohesive Regional Engagement vs. Small Town Challenges; <br />4) Inclusiveness & Advancement of All Citizens Through New Pathways to Success; <br />5) Hurdles to High School, Community College, Four-Year Academic Collaboration; and <br />6) Affect on Economic, Workforce & Related Delivery Programs through Innovation & <br />Competitiveness. <br />Discussion took place on a number of topics. Chairman Burkhart asked those present to consider <br />what part of the plan (Roadmap) they would like to participate in and by Monday email Shannon <br />Barrentine their decision. The next phase will include team building to prepare budgets, mission <br />statements, etc. to get organize and move this initiative forward. No action was taken on this item. <br />(Due to the consultant, Richard Seline, having to catch an outgoing flight, the Board went into <br />Executive Session ahead of Item 5(b).) <br />The Board convened into executive session at 4:02 p.m. pursuant to Section 551.072 and Section <br />551.087 of the Texas Government Code to discuss and deliberate on the following: <br />A. Section 551.072 - Real Property <br />B. Section 551.087 - Econamic Development Negotiations <br />Executive session ended at 4:56 p.m. The Board reconvened into open session. No action was taken as a <br />result of executive session. <br />Discussion and possible action of a Resolution of the Paris Economic Development Corporation <br />(PEDC) in support of funding Right-of-Way acquisition and utility adjustment costs through the Sulphur <br />River Regional Mobility Authority (SuRRMA) in the approximate present value amount of $1.5 million <br />for upgrade and expansion to 4-lane of State Highway 24 in Delta County, Texas. Steve Gilbert provided <br />some background and history to this project. He provided those present with an estimated budget for the <br />project, amortization schedule of payment and Resolution. Due to the short timeline, TxDOT was needing <br />letters of commitment from all three (3) governing bodies in Lamar County (County Commissioners, Paris <br />EDC and the City of Paris) to move this project forward and to apply for the loan through the State <br />Infrastructure Bank (SIB). Doug Wehiman made the motion to approve the Resolution of fund <br />commitment in the amount of $1.5 million; seconded by Rick Poston. Motion Carried 5-0. <br />The meeting date for December, 2011 will be December 13`h at 3:00 p.m. <br />Kenny Dority made a motion to adjourn at 5:31 p.m.; seconded by Rick Poston. Motion Carried <br />5-0. <br />Respectfully submitted, <br />Shannon Barrentine <br />Asst. Executive Director <br />Paris EDC <br />2 <br />1 23 <br />