1997-05-14-Minutes 287
MINUTES OF THE PARIS ECONOMIC DEVELOPMENT CORPORATION
May 14, 1997
The Paris Economic Development Corporation met in their regular meeting on
Wednesday, May 14, 1997, at 4:00 P.M., in the City Hall North Annex Fire Training
Room, Paris, Texas. President Curtis Fendley called the meeting to order with the
following boardmembers present: Michael Rhodes, Dick Amis, and Barney Bray.
Also present at this meeting were ex-officio boardmembers Gary Vest, Director of
Finance Gene Anderson, City Manager Michael E. Malone, and City Attorney, T.K.
Haynes.
President Fendley stated that the next item on the agenda was approval of the
minutes from the two previous meetings of the Paris Economic Development
Corporation. He asked if there were any corrections or additions to the minutes of
the previous meetings and there were none. President Fendley stated since there
were no corrections or additions to these minutes they stood approved as
presented.
President Fendley ask Finance Director Gene Anderson to give the Financial Report.
Mr. Anderson gave a review of the Financial Report for the months of March and
April, 1997. Mr. Fendley called for questions and there were none. Boardmember
Rhodes made a motion, seconded by Boardmember Bray that the reports be
approved as presented. The motion carried unanimously.
President Fendley stated that there would not be a President's Report given at this
time.
President Fendley asked Mr. Vest to give the Director's Report. Mr. Vest discussed
the direct inquiries and responses to advertising received this past month. He said
that there had been some prospect activity this past month, and he discussed the
various meetings that he had attended. Mr. Vest said that Greyhound Bus Lines is
restoring bus service to Paris which will begin in June; He said they are currently
looking for a terminal site.
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Mr. Vest said that Prospect No. 0410597 is a Canadian Company that is looking at
purchasing the BITCO building and relocating their operations to Paris. Mr. Vest
asked the Board to consider allowing the Executive Committee to continue
negotiations with this company. Mr. Vest said that he had reviewed their financial
information and would like the Board's approval for the Executive Committee to
continue negotiations and present any proposals to the Board for approval at a later
date. Boardmember Rhodes made a motion, seconded by Boardmember Bray for
the Executive Committee to continue negotiations with the prospect and to present
any proposals to the Board for their approval which carried unanimously.
President Fendley said that the Executive Committee presented our package to
Babcock & Wilcox which he felt was favorably received. He said that they had not
received any feedback at this time.
President Fendley stated that the next items on the agenda were the discussion and
development of the Annual Plan of Work and the Annual Budget for fiscal year
199711998. He said that there has been discussion concerning a one day workshop
at the Love Civic Center. He said this information has to be presented to the City
Council by July 1, 1997. He said that the Board also needs to look at the
appropriations, the money expended, and future projects in the next twelve to
thirty-six months. He said the Board needs to look at strategic planning. Mr. Vest
said he thought the Board could meet at 11:00 A.M. with some food brought in and
continue until the Board is finished. He suggested May 29, May 30, or the first or
second week of June. After discussion, it was the consensus of the Board to meet
on May 29, 1997.
City Attorney T. K. Haynes reported that a suit has been filed to perpetuate
testimony and they have asked to take dispositions from a representative of the
City and a representative of P.E.D.C. He said in connection with this suit, that he has
taken the liberty of arranging for counsel to represent us in that matter and all the
BITCO related matters if the Board so chooses. He said a resolution has been
prepared for the Board's approval in this matter.
City Attorney Haynes read the resolution. Boardmember Amis made a motion,
seconded by Boardmember Bray to adopt the resolution.
Resolution No. 97-003-requesting the City Attorney of the City of Paris to procure
additional legal counsel for representation to prosecute and defend civil actions, and
to cooperate in the prosecution of criminal actions, arising from the BITCO Projec twas presented.
PARIS ECONOMIC DEVELOPMENT CORPORATION
RESOLUTION NO. 97-003
WHEREAS, Section 4.13(B) of the Bylaws of the Paris Economic Development
Corporation establishes the City Attorney of the City of Paris as the legal counsel for the PEDC
and authorizes the Board of Directors to request tile City Attorney's advice and consultation with
rcgard to matters affecting thc PEDC; and,
WHEREAS, it is deemed appropriate that the Board of Directors, in accordance with said
Section 4.13(B), request that the City Attorney procure additional legal counsel for representation
to prosecute and defend civil actions, and to cooperate in the prosecution of criminal actions,
arising from the Bitco project; NOW, THEREFORE,
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BE IT RESOLVED BY THE PARIS ECONOMIC DEVELOPMENT
CORPORATION, that, in accordance with Section 4.13 (B) of the Bylaws of the Paris Economic
Development Corporation, the City Attorney of the City of Paris be, and he is hereby, requested
to procure additional legal counsel for representation to prosecute and defend civil actions, and
-- to cooperate in the prosecution of criminal actions, arising from the Bitco project.
PASSED AND ADOPTED this 14th day of May, 1997.
Curtis Fendley, 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 Fendley stated that there was some scheduling conflicts in connection
with the regular June meeting, and after discussion it was the consensus of the
Board to schedule the regular meeting for the month of June to Wednesday, June
25, 1997, at 4:00 P,M.
President Fendley asked if there was any other business and there was none. He
declared the meeting adjourned.
President, Curtis Fendley
Assistant City Clerk Barbara Denny