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Paris Economic Development Corp. <br />Regular Meeting 2-12-03 <br />Page 3 <br /> <br />type buildings can and cannot be placed in the Park. Mr. Vest said he wanted to <br />give the Board an opportunity to see if there were any questions about these <br />development standards. Mr. Vest said, as they proceed, these things may be <br />amended from time to time, but not to circumvent the intent of these standards. <br />He told the board that he would like these standards adopted at the next meeting, <br />if possible. <br /> <br />City Attorney Schenk said the only suggestion he had was that they might want to <br />have further discussion. He added that since they are businessmen, they should <br />review the standards from the perspective of locating their own business in the <br />Park if they had to abide by these development standards. City Attorney Schenk <br />wanted to know if this was going to be a corporation. Mr. Vest said he was not <br />sure at this time, but it may be an association and Jim Shackelford said it could be <br />either one. Mr. Vest said he had asked City Attorney Schenk to look through and <br />see if he has complied with all of the city codes and standards. <br /> <br />City Attorney Schenk stated that with regard to the city codes and development <br />standards that the architect needs to get with the city officials to make sure of that <br />because he cannot do that. He said that the development standards need to <br />comply with the planning code for the City of Paris. The City Attorney said Steve <br />Methven will help with anything they need to know. He again stated that the <br />directors, who are successful businessmen, need to look at the documents as if <br />they were going to site a business on this property and think of what would present <br />them with a problem. He stated that then they would have to balance their <br />interests as businessmen with the interest of the PEDC in operating and <br />developing the Park. <br /> <br />Mr. Vest said that actually what the PEDC would be relinquishing was the control <br />to the people who will be owners of the property. He said the other option that <br />they have is for the PEDC to continue to maintain all of the common areas. <br />Director Fendley stated that there should be some type of control as long as the <br />PEDC has lots for sale. Mr. Vest said that the PEDC would be involved as long <br />as there were lots for sale. He also stated that at some point in time the PEDC will <br />have to do something with the streets. <br /> <br />President Guest stated that in speaking to the concern of protecting the people who <br /> <br /> <br />