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Paris Economic Development Corp. <br />Regular Meeting 2-12-03 <br />Page 5 <br /> <br />Mr. Grizzle about this matter and tell him the position of the PEDC with regard <br />to the Park property. <br /> <br />Mr. Vest advised the Board that they have copies of proposals for the Industrial <br />Park master plan created by Jim Shackelford, the PEDC' s Architect, and there are <br />four options in the packets. Mr. Vest pointed out that he has hypothetically placed <br />buildings and potential roads. Mr. Vest went over the proposed options with the <br />Board Members. He asked the Board Members to look over the proposed master <br />plan and if they had any concerns to let him know. Mr. Vest did say that he had <br />contacted Reeves Hayter and asked him to start looking at engineering for utilities <br />and designing roads. Mr. Vest advised that he will come back and asked for the <br />Board's approval to hire Mr. Hayter to do this work. <br /> <br />At 3:38 P. M. President Guest announced that the Board would go into an <br />executive session pursuant to Sec. 551-087 (1) to discuss or deliberate regarding <br />commercial or financial information (of a business) that the PEDC seeks to have <br />located, stay, or expand in or near Paris and with which the PEDC is conducting <br />economic development negotiations, or (2) to deliberate the offer of a financial or <br />other incentive to a business prospect. <br /> <br />At 3:55 P. M. President Guest declared the executive session closed and the <br />regular session open. <br /> <br />There being no further business, the meeting was adjourned. <br /> <br />JAY GUEST, PRESIDENT <br /> <br />ATTEST: <br /> <br />MATTIE CUNNINGHAM, CITY CLERK <br /> <br /> <br />