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Item No. 19 <br />memorandum <br />TO: Mayor & City Council <br />John Godwin, City Manager <br />FROM: Paris EDC Board /Shannon Barrentine, Interim Executive Director <br />SUBJECT: PROPOSED AMENDMENT TO Paris EDC's FY 2014 -15 BUDGET to Fund <br />Plan of Work for FY 2014 -15 <br />DATE: February 9, 2015 <br />BACKGROUND: The Paris EDC's budget is requested to be amended to fund the Plan of Work <br />for FY 2014 -15. The amendment is "budget neutral" due to reducing the Salaries & Wages line <br />item by $31,500 and creating the Plan of Work expense line item for the same amount of <br />$31,500. <br />STATUS OF ISSUE: Approved by Paris EDC Board on January 13, 2015. <br />BUDGET: See attached for proposed amendments to Paris EDC's FY 2014 -15 Budget. <br />RECOMMENDATION: Approve as recommended. <br />