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MINUTES OF THE SPECIAL MEETING OF THE PARIS ECONOMIC <br />DEVELOPMENT CORPORATION <br />July 9, 2003 <br />The Paris Economic Development Corporation met in special session on <br />Wednesday, July 9, 2003, 4:00 P.M., at Paris Junior College, Applied <br />Technology Building, Room 1208, 2400 Clarksville Street. President Don <br />Wall called the meeting to order with the following Directors present: Rodney <br />Bass and Sims Norment. Also present was Executive Director Gary Vest, Ex- <br />officio Member Bobby Walters, City Manager Michael E. Malone, City <br />Attorney Larry W. Schenk, and City Clerk Mattie Cunningham. <br />President Wall introduced Dr. Pam Anglin, the new President of Paris Junior <br />College. <br />President Wall announced that the purpose of the special meeting was <br />consideration of and action on a resolution approving and authorizing the <br />execution of an amended development contract with Paris Packaging, Inc., and <br />asked City Attorney Schenk to read the resolution. <br />Resolution No. 2003-011, approving and authorizing the execution of an <br />amended development contract with Paris Packaging, Inc., removing the <br />requirement for a personal guarantor on the promissory note associated <br />therewith; making other findings and provisions related to the subject, was <br />presented. <br />A motion was made by Director Bass, seconded by Director Norment for <br />approval of the resolution. The motion carried 3 ayes, 0 nays. <br />