06-A PEDC (12/18/2002) - Laserfiche WebLink

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Regular PEDC Meeting Dec. 18, 2002 Page 3 Mr. Vest told the Board that there is a new lighted billboard going up on Interstate 30 on the west side of Greenville next week and presented a picture of the billboard. He also said there is another one going up about one-half mile down Interstate 30 regarding tourism paid for by the Visitors and Convention Council. Mr. Vest said the new web page is up if anyone wanted to check it out at www. paristexas, com. Mr. Vest said the Northeast Texas Roundtable has a new brochure and passed out a copy of it to the Board Members. Gene Anderson, Director of Finance, came forward and passed out a monthly cash flow report that he normally gives to the Board. Mr. Anderson also gave a report on the sales tax through the month of December. Director Guest called for discussion of the Revolving Loan Fund for the City of Paris. Tommy Haynes, Director of Community Development, came forward telling the Board that last month he gave them a brief outline of the Revolving Loan Fund that the City of Paris has. Mr. Haynes advised that Bob Jones wrote the grant for the City of Paris about two and one-half years ago and that the city is currently pursuing people to loan this money to. Mr. Haynes reported that a public hearing was held earlier in the day on two applications and those will be submitted to the USDA. One of the applications is one that Gary Vest sent to the city from a tree service company that is being purchased by one of the members of the partnership. He said the other application is for Charles Fulbright who is building a BBQ Restaurant on Fitzhugh and Hickory Street, which will also be submitted. Bob Jones with R.I.M. Enterprises came forward giving the board members a handout of the written criteria for the Revolving Loan Fund. Mr. Jones said when the city applied for funding under the Rural Development Economic