08/09/2011 MINUTESParis Economic Development Corporation
Meeting Minutes
August 9, 2011
Board Members Staff Steve Gilbert, PEDC
Present: Pike Burkhart, Sr. Present: Shannon Barrentine, PEDC
Doug Wehrman Shawn Napier, City Engineer
Rick Poston
Bruce Carr
Kenny Dority
Ex- officio Members Guest(s)
Present: Mindy Moree, Chamber President Present:
Legal
Counsel: Kent McIlyar
City Council
Liaison: John Wright
Connie Beard, The Paris News
Fred Green, R3bi Incubator Director
Edwin Pickle, Paris City Council
Pike Burkhart, called the meeting to order at 3:06 p.m. Pike welcomed those present.
Minutes from July 28, 2011, Regular Board meeting were reviewed. The Minutes were approved,
as submitted, by a motion from Doug Wehrman; seconded by Rick Poston. Motion Carried 5 -0.
Financial reports for July, 2011 were approved, as submitted, by a motion from Kenny Dority;
seconded by Doug Wehrman. Motion Carried 5 -0.
Steve Gilbert stated that since it wasn't long since the last Board meeting (July 28t) and just
finished up a Work Session for the 2011 -12 Plan of Work, he would report updates in Executive Session.
Discussion and possible action regarding line of credit for Paris EDC. Steve reported that Capital
One had commissioned Attorney, A.W. Clem, to produce the official documents to approve a $2 million
dollar line of credit. Mr. Clem will forward the document to the City Attorney, Kent McIlyar, prior to
Board/City Council approval. Motion to table this item was made by Rick Poston; seconded by Bruce
Carr. Motion Carried 5 -0.
Note: Mindy Moree left the meeting at 3:10 p.m.
Discussion and possible action regarding the proposed Plan of Work for 2011 -12. Based on the
Work Session that occurred earlier in the day, Bruce Carr made a motion to table this item until the
November Regular Board Meeting; seconded by Rick Poston. Motion Carried 5 -0.
Discussion and possible action regarding appointment of PEDC Board member to serve on Red
River Region Business Incubator (R3bi) Board. Steve stated that Doug Wehrman had expressed an interest
in serving on the R3bi Board. Motion was made by Bruce Carr to appoint Doug Wehrman to the Red
River Region Business Incubator Board; seconded by Kenny Dority. Motion Carried 5 -0.
PEDC Board Meeting Minutes
August 9, 2011
The Board convened into executive session at 3:15 p.m. pursuant to Section 551.072 and Section
551.087 of the Texas Government Code to discuss and deliberate on the following:
A. Section 551.072 — Real Property
B. Section 551.087 — Economic Development Negotiations
Executive session ended at 5:00 p.m. The Board reconvened into open session. As a result of executive
session discussion, the Board took the following action:
Kenny Dority made a motion to authorize the Executive Director, Steve Gilbert, to negotiate the incentive
agreement with either Option A or Option B with Project Tiger Tale; seconded by Doug Wehrman.
Motion Carried 5 -0.
Doug Wehrman made a motion to adjourn at 5:01 p.m.; seconded by Rick Poston. Motion Carried 5 -0.
Respectfully submitted,
Shannon Barrentine
Asst. Executive Director
Paris EDC
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