14-D PEDC (10/09/03) - Laserfiche WebLink

Home Browse Search

Special PEDC Meeting October 9, 2003 Page 2 A motion was made by Director Bass to approve the financial report as presented. The motion was seconded by Director Severson. The motion carried unanimously. President Wall announced that the next item on the agenda was the Director' s Report. Gary Vest said, as the Board knows, they have been working full time on the Campbell Project and he had made two trips to Austin regarding this matter. He said last week he went down with Mike Dunn, Bob Zane, and Mayor Curtis Fendley, and they actually met with the Governor, Senator Ratliff, Cliff Johnson, and Mike Morsey. Mr. Vest said that they did submit a proposal on a project that came through the Governors' Office of Economic Development. It is called Project Reserve, which is a 700,000 square foot distribution center with 250 jobs. They have not received any word on that at this time. Mr. Vest said he went to the Texas Economic Development Council meeting in Houston two weeks ago and was elected Chairman of the Texas Economic Development Sales Tax Association. At that meeting, Mark Homer and Senator Ratliff were honored as Outstanding Legislators of the Year primarily because of their work on House Bill 2912, which Mark authored. They worked closely with Mr. Homer and it means a lot for economic development. Mr. Vest said that Campbell Soup has been their focus and their proposal has been submitted and he has copies of the proposal for the Board to see during the executive session. President Wall declared the special session closed at 1:08 P.M. and the executive session open in accordance with Sec. 551.087 of the Open Meetings Act, discuss possible incentives, pending negotiations, and commercial or financial information from business prospects and potential financing for the