1995-10-11-Minutes 201
MINUTES OF THe PARIS ECONOMIC DEVELOPMENT CORPORATION
REGULAR MEETING
October 11, 1995.
The Paris Economic Development Corporation met in a regular
meeting on Wednesday, October 11, 1995, at 4:00 P.M., in the
City Hall North Annex, Fire Training Room, Paris, Texas.
President Philip Cecil called the meeting to order with the
following boarclmembers present: Dick Amis, Curtis Fendley,
Leon Williams and Barney Bray. Also present were ex-officio
board members, Bill Vaughan, Ike Jewett, Michael E. Malone ,
City Manager and T. K. Haynes, City Attorney as Counselor.
President Cecil stated that the next item on the agenda was
approval of the minutes from the previous meeting of the Paris
Economic Development Corporation. He asked if there were any
corrections or additions to the minutes of the previous
meeting, and there being none the minutes stood approved as
presented.
President Cecil asked Gene Anderson to give the financial
report. Mr. Anderson gave the report. President Cecil called
for questions and there was none. Boardmember Fendley made a
motion, seconded by Boardmember Amis that the report be
approved as presented. The motion carried unanimously.
President Cecil stated that he did not have a report to give at
this time.
President Cecil asked Mr. Vest to make his report. Mr. Vest
introduced Mr. David Smith his new assistant. Mr. Smith said
he had recently moved back to Paris from San Angelo. He said
that he had a Business Administration Degree in Economics. Mr.
Cecil welcomed Mr. Smith to the Paris Economic Development
Corporation.
Mr. Vest discussed the B & W Plant tour scheduled for Thursday,
October 12, 1995, at 9:00 a.m. and attendance by the
boardmembers.
Mr. Vest said that due to advertising they had received five
inquiries since the last meeting. Mr. Vest said he attended
the Texas Economic Development Council Annual Conference in
Irving.
Mr. Vest gave an update on the BITcO Project. He said that the
Northeast Texas Economic Development District had approved the
equipment loan, and they had received the authorization from
the E.D.A. for the loan. He said the S.B.A. portion of the
program had been delayed. He said they had talked about doing
a bank consortium with Nations Bank as the lead bank and for
various reasons that has been delayed a couple of weeks. Mr.
Vest advised in connection with agenda item no. 8-B that he
does not plan to propose an amendment and there is no action
needed at this time. President Cecil called for questions
relating to BITCO and there were none.
President Cecil asked Mr. Amis if he had anything to report at
this time relating to the land. Mr. Amis stated it was still
pending and there is no report at this time.
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President Cecil stated the next agenda item was consideration
of and action on changing the regular Wednesday meeting for the
month of November due to a scheduling conflict. He said the
regular meeting for the month of November was November 15,
1995, and after discussion it was the consensus of the
boardmembers to hold the regular meeting for the month of
November on November 8, 1995.
Resolution No. 95-015-rescheduling the regular Wednesday Paris
Economic Development Corporation meeting far the month of
November due to a scheduling conflict to November 8, 1995, at
4:00 p.m.
RESOLUTION NO. 95-015
WHEREAS, board members and staff have conflicts that would prevent attendance at
the regular meeting of the Paris Economic Development Corporation on November 15, 1995,
and it would be appropriate that the meeting be rescheduled for a date convenient for such
members and staff; NOW, THEREFORE,
BE IT RESOLVED BY THE PARIS ECONOMIC DEVELOPMENT
CORPORATION , that the November meeting be, and the same is hereby rescheduled for
November 8, 1995, at 4:00 p.m.
PASSED AND ADOPTED this 11th day of October, 1995.
Philip R. Cecil, President
ATTEST:
Richard M. Amis, Secretary-Treasurer
APPROVED AS TO FORM:
T. K. Haynes, City Attorney
The motion carried unanimously and the resolution was adopted.
President Cecil asked if there was any other business and there
being none he declared the board meeting adjourned.
PRESIDENT PHILIP CECIL
ATTEST:
ASSISTANT CITY CLERK, BARBARA DENNY