2001-06-12-Minutes621
MINUTES OF THE PARIS ECONOMIC DEVELOPMENT
CORPORATION
ANNUAL MEETING
JUNE 12, 2001
The Paris Economic Development Corporation met for their annual meeting on
Tuesday, June 12, 2001, 4:00 P. M., at Heritage Hall, 1009 West Kaufman
Street, Paris, Texas. President Mike Rhodes called the meeting to order with the
following Directors present: Jay Guest, Michael Dunn, and Don Wall. Also
present were ex-officio boardmembers Bobby Walters, Terry Christian,
Executive Director Gary Vest, City Manager Michael E. Malone, Mayor
Michael J. Pfiester, City Attorney Larry Schenk, Director of Finance Gene
Anderson, and City Clerk Mattie Cunningham.
President Rhodes announced that the Directors had been furnished minutes of
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. Director Don Wall made a motion, seconded
by Director Jay Guest, for approval of the minutes as presented. The motion
carried unanimously.
President Michael Rhodes asked Gene Anderson, Director of Finance for the
City of Paris, to give the financial report for May.
Mr. Anderson came forward stating that he would use the one page summary
and explained there is just a single expenditure on the expenditure side. He said
the PEDC financial is done separate from the city's and manual checks 'are
produced for the PEDC. The checks will be posted later, and they will not
show up until the June report. Mr. Anderson said the sales tax collection for the
month was $94,763.00, which includes the sales tax collection for June. The
interest payment of.$13,554.37 and the loan payment for Paris Packaging was
$32,000.00. Other expenditures that should have shown up, and did not show
up, were the rental of Heritage Hall of $45.00, payment for reimbursement of
the Chamber of Commerce for expenses connected to PEDC of $12,778.00, the
Chapman loan payment of $4,492.00, and the transfer due the I&S fund in order
to make the debt payment that is due in September.
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Minutes of the PEDC
June 12, 2001
Page 2
A motion was made by Director Don Wall, seconded by Director Jay Guest, for
approval of the Financial Statement as presented. The motion carried
unanimously.
President Rhodes announced that he did not have a report.
President Rhodes advised that in the interest of time, Gary Vest had requested
that the Board proceed to item number six of the agenda, which is consideration
of and action on a resolution approving the Annual Plan of Work outlining the
activities, tasks, projects, and programs to be undertaken by the Board during
fiscal year 2001-2002.
Mr. Vest advised that their Program of Work is going to be very similar to what
it has been in the past. He said that goal number one is retention and expansion
of the Paris area existing industrial sector.jobs; goal number two is recruitment
of new primary employers in manufacturing, distribution/warehousing, and
basic industrial activities by marketing the locational advantages and amenities
of Paris; goal number three is to encourage start-up business and small business
development through the entrepreneurial spirit of the Paris economic
environment; and goal number four is infrastructure development and workforce
training to support the other goals of the Paris Economic Development
Corporation. Mr. Vest discussed these goals with the Board.
Mr. Vest read the Executive Summary of the Program of Work to the Board in
it's entirety, discussing items within the summary.
Resolution No. 2001-006, approving the Annual Plan of Work for the Paris
Economic Development Corporation outlining the activities, tasks, projects, and
programs to be undertaken by the Board during the fiscal year 2001-2002, was
presented by City Attorney Schenk.
A motion was made by Director Don Wall, seconded by Director Jay Guest, for
approval of the resolution. The motion carried unanimously.
PARIS ECONOMIC DEVELOPMENT CORPORATION
RESOLUTION NO. 2001-006
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE PARIS
ECONOMIC DEVELOPMENT CORPORATION, APPROVING THE
ANNUAL PLAN OF WORK; MAKING OTHER FINDINGS AND
PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, the Paris Economic Development Corporation, in keeping with Section 4.03
(4) of its Bylaws, is obligated to develop an annual plan of work outlining the activities, tasks,
projects and programs to be undertaken by the Board during the upcoming fiscal year and to
deliver the same to the City Manager of the City of Paris on or before June 30 of each year; and,
WHEREAS, the annual plan of work attached hereto as Exhibit A is hereby presented by
the Director of Economic Development, and it is appropriate that such plan be approved; NOW
THEREFORE;
BE IT RESOLVED BY THE PARIS ECONOMIC DEVELOPMENT
CORPORATION:
Section 1. That the findings set out in the preamble to this resolution are hereby in all
things approved.
Section 2. That the annual plan of work attached hereto as Exhibit A be, and the same is
hereby, approved.
Section 3. That the Director of Economic Development be, and he is hereby, directed to
deliver the annual plan of work to the City Manager of the City of Paris.
Section 4. That this resolution shall be effective from and after its date of passage.
PASSED AND ADOPTED this 12th day of June, 2001.
Michael R. Rhodes, President
ATTEST:
Melba Harris, Secretary-Treasurer
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APPROVED AS TO FORM:
Larry W. Schenk, City Attorney
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Program of Work
2001 - 2002
Paris Economic
Development Corporation
EXHIBIT A
620
Paris
Economic 2001 - 2002
Deveopment PROGRAM OF WORK
Corporation
Executive Summary
There is always a certain air of instability during a legislative session. How
our legislature can consider the thousands of pieces of legislation in 140 days, in
itself remains a miracle to me. The Texas Department of Economic Development
(TDED) had its head placed in the guillotine several times during the session.
With TDED under sunset review it was certainly a fight for survival. The
Department did remain in existence--with some dramatic changes. How this
relates to PEDC is that we will continue to work with TDED for prospect referral
and coordination of state programs. The:Smart Jobs Program was ultimately left
a TDED but will probably not be much of an incentive tool because of a lack of
funds in the Unemployment Insurance Fund.
Legislation directly affecting the PEDC and how we do business was
relative unchanged, even though there Were 69 bills introduced that could have
affected the sales tax legislation. I credit the lack of changes to the work of the
Texas Economic Development Sales Tax Association (TEDSTA). There were 3
separate bills debated that would have completely changed the operations and
accountabilities of economic development corporations from a local function to
State control. I do credit our own Mark Homer and his work on the Economic
Development Committee for keeping our economic development legislation in
tact. Senator Ratliff (Lt. Gov. Ratliff) was also very responsive to some request
from TEDSTA and because of his own desire to maintain the economic
development sales tax legislation.
With all things being considered, economic development came through
the session in pretty good shape. With the continued extension of TDED, the
sales tax legislation, tax abatement laws were reinstated, and H.B.1200 by
Brimer was enacted that allows school districts to offer incentives in major capital
investment projects, economic development remained competitive in Texas.
What are our prospects for the immediate future? We are on the down
side of the Bell curve as business cycles go. Texas is in the grips of several
uncertainties such as the escalating cost of fuel, the deregulation of the electric
industry, a declining labor force, and an antiquated tax system that is very
burdensome to industry. On the positive side, Lamar County still has a larger
than average available work force with excellent training potential through Paris
Junior College, we are poised to meet the demands for electrical energy, we
1651 Clarksville Street - Paris, Texas 75460
(903) 784-2501 - 1-800-PARISTX - Fax (903) 784-2503
http://www.paristexas.com
621.
PEDC Program of Work
2001-2002
Page 2
have a more that ample water supply system, and we are competitive in
accommodating industrial locations.
The PEDC is working with Cooper Tire to market the Oliver Rubber
facility, we are working the California market for expansion and relocations, we
are continuing relationships with TDED and TXU's Economic Development
Department. PEDC will be placing strategic advertisements in an attempt to
generate prospects and raise awareness of the tremendous location potential of
Paris, Texas. Erik Roddy has joined the PEDC staff and is coming up to speed
very rapidly in the economic development business. PEDC will participate in
several trade shows and other sales tactics to develop prospect leads.
622
TABLE OF CONTENTS,
· Mission Statement
· Original Charge as offered by the Paris City Council
· PEDC Overall Economic Development Program
· 2001-2002 Program of Work: Goals, Objectives, and Actions
Goal ! - Retention and Expansion of Existing Industries
Goal II - Recruitment of New Primary Employers
Goal III - Start-Up Business and Small Business
Development
Goal IV - Infrastructure / Training
· Projects
· Budget for 2001 - 2002
· 2000-2001 Report of Accomplishment
623
Mission Statement
PARIS ECONOMIC DEVELOPMENT CORPORATION
TO PLAN, PROMOTE, FINANCE, AND CONSTRUCT OPPORTUNITIES FOR
THE RETENTION, GROWTH, AND ATTRACTION OF BUSINESS* THAT
ENHANCE THE LEVEL OF EMPLOYMENT, THE ECONOMIC BASE AND
QUALITY OF LIFE IN PARIS AND LAMAR COUNTY, TEXAS
Goal I. Retention and Expansion of the Paris area existing
industrial sector jobs.
Goal II. Recruitment of new primary employers in
manufacturing, distribution/warehousing, and basic industrial
activities by marketing the Iocational advantages and
amenities of Paris.
Goal III. Encourage start-up business and small business
development through the entrepreneurial spirit of the Paris
economic environment.
Goal IV. Infrastructure development and workforce training
to support the other goals of the Paris Economic
Development Corporation.
Definition of Business as used in this mission statement includes primary
employers in manufacturing, distribution/warehousing, and basic industrial
activities that conduct a value-added activity that brings new dollars into the Paris
economy.
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ORIGINAL CHARGE
AS OFFERED BY THE PARIS CITY COUNCIL
PARIS ECONOMIC DEVELOPMENT CORPORA TION
Definition: To entrust or burden with; to command, instruct, or exhort with right or
authority; to impose a task or responsibilities on.
The Paris City Council charges the directors of the Paris Economic Development
Corporation (PEDC) with the following responsibilities and actions:
To focus all Corporation endeavors on implementation of the Mission
Statement for the PEDC
· To operate only in a manner consistent with all federal, state, and local laws.
· To follow and implement the "501 (c) (3) Operational Guidelines" with the
advice and counsel of the City Attorney of the City of Paris. @
· To follow the Council "Policy Directives" for the PEDC in carrying out the
Council Charge. @
· To take all actions identified in the "Critical Path of Start-up." @
· To complete a 'Strategic Plan" following the guidelines of the 'Strategic Plan
Process" by May 31,1994. @
· To clearly delineate in writing the roles of other community organizations in
assisting the PEDC in carrying out the Council Charge.
· To the very best of the Board's ability, make decisions that are the best legal,
ethical, and long-term economic interests of the overall community of Paris.
· To encourage employment growth in all segments of the Paris citizenry
without regard to race, creed, sex, or age.
· To develop a comprehensive business incentive package and project
approval criteria for adoption of the Paris City Council.
· To follow the guidelines set out in the incentive package and project approval
criteria.
@ Resource Manual Prepared by Da3'' and Associates for the PEDC
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PARIS ECONOMIC DEVELOPMENT CORPORATION
OVERALL ECONOMIC DEVELOPMENT PROGRAM
Pursuant to the voters of Paris desires expressed in the May, 1993,
election, the Paris City Council created the Paris Economic Development
Corporation (PEDC). The charge of the Paris City Council was simple in
statement: To develop a comprehensive business incentive package with
approval criteria that would encourage employment growth, focusing all
endeavors on the implementation of the Mission Statement. However, an overall
economic development program is anything but simple. Economic development,
in the fullest sense, is a mix of bringing money (new dollars) and investment into
the City.
The PEDC Program of Work develops specific actions and programs that
take advantage of Paris' strengths and mitigate weaknesses in order to
accomplish the Council's charge. It focuses the activities of the PEDC by
concentrating on those programs that have the best chance of succeeding. The
Program of Work involves the process of:
· Establishing goals and objectives;
· Concentrating on limited issues;
· Developing general policy recommendations; and
· Implementing specific actions.
Integral to the process of selecting goals and objectives is the
acknowledgment that there are restraints on the program and activities selected
for inclusion. Besides the legal restrictions that dictate how the sales tax
revenues can be spent, there is the reality that to be successful the efforts of the
Corporation must be targeted.
626
0VERALL. ECONOMIC
DEVELOPMENT PROGRAM PAGE -2-
This program is founded on the retention, expansion, and attraction of
industrial/manufacturing activity because this economic sector offers Paris the
best potential to expand and diversify its economic base - thereby creating and
upgrading job opportunities and the Paris quality of life. The development and
attraction of primary employers performing value added services and drawing
new dollars from outside the immediate and limited confines of the Paris market
will best accomplish this long-term objective.
The long term commitment to economic development should be
focused in the following area:
· The retention and expansion of existing industry.
· The marketing of Paris to recruit new industry.
· The coordination and cooperation of all Paris entities to
encourage the entrepreneurial spirit for start-up business and
small business development.
· The development of the community's infrastructure and training
to support industry.
GOAL I. RETENTION AND EXPANSION
OF EXISTING INDUSTRIES
Retention and expansion of the Paris area existing industrial sector jobs.
OBJECTIVE
To maintain and retain existing industry in the Paris area and encourage and
assist the expansion of these currently existing industries and their employment
base.
ACTIONS
1. Increase manufacturing sector employment.
2. Participate with the Chamber of Commerce Industrial Managers Group.
3. Recognize local industries for expansion, growth, and outstanding
contribution to the Paris economy.
4. Initiate a program of personal visitation by PEDC to local industries.
5. Work with the Chamber of Commerce to publish and distribute a directory of
Paris and Lamar County manufacturers.
6. Work with local industry to secure prospect leads.
7. Make local industries aware of any and all assistance programs for the
expansion of existing operations, such as: Enterprise Project, Tax Phase-In,
Industrial Training, Skills Development Fund, and Smart Jobs.
8. Conduct cost-benefit analysis to be used in determining incentive packaging.
9. Utilize staff to effectively carry out all economic development functions of the
PEDC.
628
GOAL Il. RECRUITMENT OF NEW PRIMARY
EMPLOYERS
Recruitment of new primary employers in manufacturing,
distribution/warehousing, and basic industrial activities by marketing the
Iocational advantages and amenities of Paris.
OBJECTIVE
Gain regional, state, and national recognition of the positive aspects of doing
business in Paris, to attract new primary employers.
ACTIONS
1. Publish brochures that promote Paris as an optimal business location.
2. Develop advertising materials to be used in magazines, newspapers,
billboards, and direct mail.
3. Develop target industry groups and conduct direct solicitation.
4. Participate with industrial allies in trade shows of target industry sectors.
5. Contact prospective industries for facility locations in Paris.
6. Develop a library of statistical and demographic information on Paris and the
trade area.
7. Work in close cooperation with industrial allies, such as TXU Electric & Gas,
Railroads, Texas Department of Agriculture, and the Texas Department of
Economic Development.
8. Participate in the American Chambers of Commerce Researchers
Association (ACCRA) Cost of Living Survey.
9. Participate in the ACCRA Community Profile Program.
629
GOAL II. RECRUITMENT OF NEW PRIMARY
EMPLOYERS
(continued)
10. Maintain a Home Page for PEDC on the Internet with direct links to other
assisting agencies such as TDED, PJC and others that may be developed.
11. Participate in the Texas Department of Economic Development Community
Profile Program.
12. Develop an industrial allies appreciation day.
13. Promote Paris as a Lone Star City.
14. Participate in the Texas Economic Development Council.
15. Participate in the NorthEast Texas Economic Developer's Roundtable.
16. Participate in the American Economic Development Council.
17. Participate in the TEDSTA (Texas Economic Development Sales Tax
Association).
18. Develop a new tax phase-in guidelines and criteria.
19. Utilize the tax phase-in incentive programs as defined by the City of Paris.
20. Promote the "Freeport Exemption" of taxes on goods in transit as a location
incentive.
630
GOAL III. START-UP BUSINESS AND SMALL
BUSINESS DEVELOPMENT
Encourage start-up business and small business development through the
entrepreneurial spirit of the Paris economic environment.
OBJECTIVE
To have new innovative businesses develop in Paris, as well as to increase the
small business sector.
ACTIONS
1. Coordinate closely with the Small Business Development Center to provide
assistance in the development of business plans and creative financing.
2. Work with the Ark-Tex Council of Governments to develop a Revolving Loan
Fund for Paris small businesses.
3. Work with Ark-Tex Council of Governments to utilize the Chapman Revolving
Loan Fund.
4. Work diligently with city government to establish one-stop, fast track business
permitting.
5. Promote the Paris Enterprise Zone Program as a Iocational incentive.
6. Encourage and assist new industrial support services.
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PEDC
Industrial Projects
1 .)Organizational Structure by Day & Associates · Mission Statement
· Charge from Council
· Articles of Incorporation
· Bylaws
· Strategies Planning Process
· Critical Path Start-up
· 501 (c) (3) Operational Guidelines
2.) Pace Group · Flexible Incentive Plan
· Business and Retention Program
· Visioning
3.) Chamber Contract
· Staff Services
4.) B&W Sewer Line · 208' of 8" sanitary sewer
· 1890' of 15" sanitary sewer
· Crossing under railroad
5.) Soup Street Project · 80,000 lb. Capacity railroad
· Concrete roadway
6.) Land Purchase
· 16.66 acres in NW Industrial Park from Tom WestbrOoks on
request from Paris Industrial Foundation
7.) Support of East Texas Gulf Highway Association ~ Green carpet
Memorial Route
632
8.) Improvement to Industrial Drive resurfacing of entry street to NW
Industrial Park and T&K Machine
9.)Site in NW Industrial Park · 16 acres for Model Building
· Clearing of NW Industrial Park in conjunction with the Paris
Industrial Foundation
10.) Electro Mechanical Technology Program
· Paris Junior College ~ 2 years funding
· Year 1 ~ $105,000
· Year 2 --. $45,000
1:1.) Bitco - Bits International Company Construction of
Manufacturing Facility on NW Loop 286
12.) Improvement to Cox Field in conjunction with TXDot Airport
Improvement Grant Program
13.) Support of a study by Texas A&M University and the Texas
Economic Development Council on the effectiveness of the
Economic Development Sales Tax
14.) Acquisition of the Texas Northeastern Railroad right of way to
preserve for Rail Banking
15.) Campbell Soup retention project
16.) We Pack expansion in SW Industrial Park
17.) Acquisition of Precision Printing - Bond Issue $4.2 million, now
Paris Packaging
18.) Location of Panda Energy gas fired 1,000 mw electric
generation facility - Lamar Power Partners - FPL Energy
19.) Chisum lSD adoption of the" Freeport Exemption
633
20.) Location of Exide Warehouse .
21.) Paving of 7th Street SW for the SW Industrial Park
enhancement
22.) Buster Paving Transportation services
23.) Turner International Piping
24.) Extension of Park St. in NW Industrial Park
25.) 5 acre land grant to Mark Cunningham for construction of a
30,000 ft warehouse
26.) Lansing Grain Company - transloading facility on the Kiamichi
Railroad
27.) TCIM Call Center- 30,000 sq. ft. - 300 station - 500
employees
28.) Earthgrains - 35,000 sq. ft. expansion
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PARIS ECONOMIC DEVELOPMENT CORPORATION
Revenue Statement
2001 - 2002
Anticipated Cash Position 9/30/01 $1,182,796
(These funds will be carried over to 2001/02budget)
Revenue 2001 - 2002:
Estimated Sales Tax $900,000
Estimated Interest 25,000
Paris Packaging Payments 384.000
Total Current Revenue $1.309.000
Total Resources $2,491,796
Committed Funds:
Texas Air Quality Coalition 5,000
Bond Debt Payments 394,011
Turner International Piping Systems 500,000
($2,500,000 over 5 years)
Heame Street Extension 250,000
Chapman Loan Payments 53,906
TCIM ($500,000 over 5 years) 100,000
Audit 3,550
Chamber of Commerce 236,359
Total Commitment of Existing Funds $1,542,826
Available Funds For Projects 2001 -2002 $948,970
Long Term Obligations (as of 9-30-00):
Bonds Payable (over 17 years) $3,860,000
Chapman Loan (over 2 years) 104,515
TIPS (over 2 years) 1,000,000
TCIM (over 3 years) 175,000
Total Long Term Obligations $5,139,515
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PARIS ECONOMIC DEVELOPMENT CORPORATION
2000 -2001
BUDGET
Accr. I ACTUAL ACTUAL PROJECTED BUDGET
# DESCRIPTION 97-98 98-99 99-00 2000-01
0001 New Industry Projects 7,206 571,993
Panda 300,000 0
Model Building 0 0
Turner International Piping 500,000 500,000 500,000
BITCO 388,812 10,023 3,849 0
Exide 20,000 0 0
PIF 50,000 0 0
Lansing Grain 6,000 0
Texas Air Quality Coalition 5,000 5,000 5,000
TCIM 5,000 200,000 125,000
PJC PARC Grant 50,000
Existing Industry Projects 546,993
0002 Paris Packaging 64,000 64,000 379,096 393,811
We Pack 20,796 262,383 3,488 0
Hearn St. Extension 1,200 250,000
Cox Field 0 0
Park St. Extension 57,600 0
Bond Issuance Costs 55,778 0
Chapman Note 53,906 53,906 53,906
.SUBTOTAL 555,814 1,251,090 1,210,139 2,471,703
1001 Office Equipment 250 2,800 1,500 2,000
0201 Office Supplies 3,503 2,720 4,700 3,000
0202 Postage 4,882 661 1,500 1,500
SUB TOTAL $8,636 $6,181 $7,700 $6,500
0301 Communications 1,316 1,718 1,865 2,000
0305 Special Serv. Fees/Cons. 19,218 11,175 375 20,000
0306 Travel 8,565 12,638 15,000 20,000
0307 Subscriptions 566 0 250
0310 Miscellaneous 3,004 25 500 26,000
0311 Associations 11,725 1,308 5,000 5,000
0315 Promotional/Advertising 78,265 12,414 70,000 90,000
0349 City Services 0 0 0
0350 Compensation - Director 31,159 30,373 33,708 35,843
0351 Compensation-Asst. Dir. 40,469 43,721 42,412 33,000
Audit 3,040 3,550 3,500
SUB TOTAL $194,287 $116,412 $172,410 $235,593
0610 Reference Materials 0 1,000 3,000
Contingency 883 4,927 234 10,000
SUB TOTAL $883 $4,927 $1,234 $13,000
TOTAL EXPENDITURES $759,620 $1,378,610 $1,391,483 $2,726,796
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PARIS ECONOMIC DEVELOPMENT CORPORATION
2001 -2002
BUDGET
Acct. ACTUAL ACTUAL PROJECTED BUDGET
# DESCRIPTION 98-99 99-00 2000-01 2001 -02
0001 New Industry Projects 474,485
Panda 300,000 0 0
Model Building 0 0
Turner International Piping 500,000 500,000 500,000 500,000
BITCO 10,023 128 0
Exide 0 0
PIF 0 0
Lansing Grain 6,000 0 0
Texas Air Quality Coalition 5,000 5,000 5,000
TCIM 5,000 125,000 100,000
Existing Industry Projects 474,485
0002 Paris Packaging 64,000 207,231 393,311 394,011
We Pack 262,383 0
Cox Field 0 0 0
Hearn St. Extension 0 0 250,000
Park St. Extension 0 57,600 0
Bond Issuance Costs 55,778 0
Chapman Note 53,906 53,906 53,906 53,906
Earthgrains 54,000
~SUB TOTAL 1,251,090 772,137 1,131,345 2,251,887
1001 Office Equipment 2,800 0 1,500 2,000
0201 Office Supplies 2,720 5,338 4,000 5,000
0202 Postage 661 4,085 1,000 2,000
SUB TOTAL 6,181 $9,423 $6,500 $9,000
0301 Communications 1,718 1,835 1,500 2,000
0305 Special Serv. Fees/Cons. 11,175 960 100 19,550
0305 Travel 12,638 15,881 10,000 15,000
0307 Subscriptions 0 85 200 250
0310 Miscellaneous 25 4,591 1,000 2,500
0311 Associations 1,308 2,238 10,000 10,000
0315 Promotional/Advertising 12,414 77,392 60,000 90,000
0349 City Services 0 0 0
0350 Compensation - Director 30,373 33,872 35,843 36,890
0351 Compensation - Asst. Dir. 43,721 40,880 53,335 38,169
Audit 3,040 3,550 3,550 3,550
SUB TOTAL 116,412 $181,304 $175,528 $217,904
0610 Reference Materials 0 2,000 3,000
Contingency 4,927 224 2,000 10,000
SUB TOTAL 4,927 $224 $4,000 $13,000
TOTAL EXPENDITURES 1,378,610 $963,088 $1,317,373 $2,491,796
PEDC - ACCOUNT DESCRIPTIONS
DESCRIPTION
ACCOUNT #
0001 New Industry Projects - funds committed to
accommodate new industrial locations to
Paris
0002 Existing Industry Projects - funds committed
to the retention and/or expansion of
industrial facilities in Paris
0201 Office Supplies
0202 Postage
0301 Communications - Long distance telephone
0305 Special Service Fees - Consultants, Legal,
etc.
0306 Travel expenses for Director, training,
seminars, travel claims, plane tickets,
special meeting lunches, etc.
0307 Subscriptions - newspapers
0310 Miscellaneous
0311 Contractual Associations - Texas ~Marketing
Team, American Economic Development Council,
Texas Research League, World Economic
Development Alliance, Texas Economic
Development Council
0315 Promotional - Advertising
0349 Services provided by the City of Paris
0350 Compensation - Director
0351 Compensation - Assistant Director
0610 Contingency - Industrial Appreciation Awards
and reference materials
1001 Office furniture & fixtures
63 *3
PEDC Sales Tax Revenue
94-95 95-96 96-97 97-98 98-99 99-00 00-01
October 61,765.67 53,726.02 59,244.84 63,583.43 58,570.48 57,956.09 66,497.71
November 82,395.67 79,569.37 77,412.27 83,381.20 85,921.83 88,720.24 99,768.29
December 55,341.23 54,066.72 59,246.13 59,805.55 55,807.36 81,282.23 60,942.36
January 56,654.28 54,022.05 50,817.13 54,321.15 71,219.01 63,696,47 64,076.18
February 99,900.57 92,169.45 97,196.07 107,747.64 114,895.72 108,920.58 103,782.78
March 49,948.78 53,800.70 55,002.26 48,096.80 69,519.52 68,882.75 57,137.58
April 48,711.67 50,769.21 50,091.71 51,420.20 62,863.87 62,538.06 64,253.56
May 74,241.91 80,037.49 82,059.57 78,511.00 77,153.29 131,801.54 94,763.07
June 56,438.99 59,784.04 59,567.29 70,011.97 68,425.87 66,546.12 64,898.16
July 53,677.72 52,223.32 54,530.95 56,428.61 61,688.08 71,726.44
August 80,082.96 81,267.98 84,145.53 91,223.12 98,697.42 109,715.82
September 64,865.45 70,390.05 75,433.13 70,447.58 67,370.03 87,471.39
PEDC 784,024.89 781,826.41 804,746.89 834,978.23 892,132.49 999,257.75 676,119.69
Average per month 65,335.41 65,152.20 67,062.24 69,581.52 74,344.37 83,271.48 75124.41
Average Revenue Per Month
Graph
PEDC 2000 .........
ACTIVITY SUMMARY
Advertising Responses: 229
Prospect Visits: 4
After a year of very little outside advertising our inquiry response
was up 124% over 1999. This should continue to grow as the PEDC
pursues an aggressive advertising campaign.
Major Projects:
35,000 square feet expansion of Earthgrains completed.
Tax Phase-In Agreement for Earthgrains.
Incentive Agreement for job creation with Earthgrains.
TCIM Location--30,000 square feet facility with 330 computer
stations--440 employees-- Opened August 14, 2000.
Lamar Power Partners became operational in June 2000.
Began working on a Female Restitution Facility with Lindholm
Management, Inc.
Existing Industry Projects:
Agpro
SESACO
R. W. Cox, Inc.
Southwestern Foundry
Trade Shows and Conferences:
NPE--National Plastics Exposition, Chicago, June 19-23, 2000
Texas Economic Development Council Mid-Year Conference-
-Mesquite
Texas Economic Development Annual Conference--Houston
Marketing & Incentives Strategies, Johnson & Associates,
January 18, 2000, Austin.
Building Effective Proposals, Texas Economic Development
Department, December 15, 2000, Austin.
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PEDC Activity Summary
Page 2
Active Association Participation:
North East Texas Economic Developers Roundtable
World Economic Development Alliance
Texas Economic Development Council
Texas Air Quality Coalition
Texas Economic Development Sales Tax Association
Southern Economic Development Council
American Economic Development Council
East Texas Gulf Highway Association
Texas Taxpayers And Research Association
American Chambers of Commerce Research Association
Other Significant Points of Interest:
Skills Development Fund Grant for Paris Packaging--$279,680
Kenny Dority attended the Basic Economic Development
Course At Texas A&M University, March 19-24, 2000.
Paris and Lamar County unemployed rate at the lowest in over
a decade.
Lamar County was not included in the expansion of the DFW
Non-attainment area.
Lamar County has high percentage of participation in Census
2000.
641
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"Electricity from Florida Power and Light's thousand megawatt generating plant in Paris will be sold to customera
throughout the United States. Its location required three things: access to transmission lines, availability of reason-
ably priced natural gas, and an abundant, low cost supply of water. Paris provided all three.
'And the Paris Economic Development Corporation helped us put it all together. They helped with acquisition of the
plant site, coordination with the city and water utilities, negotiation of contracts, and assistance with state permits.
Throughout the process we found support from the whole community that really made us glad we came to Paris."
For more reasons why
you should pick Paris, contact:
Paris Economic
Gary Vest, Director Development Corporation
Paris Economic Development Corporation
1-800-PARIS, TX
1651 Clarksville St. Paris, Texas 75460 www. paristexas.com
Infrastructure?
Paris Has It!
Electric Power:
TXU Electric is Paris' primary supplier
· Transmission Service- Two 345 KV Two 138 KV Three 69 KV
· 138,000 volt transmission loop
· Four distribution substations
· Generating Capacity- 22,457,000 KW
· Service Voltage - 120/208, 120/240, 240/280, 277/480
Lamar Electric Cooperative - A Touchstone Energy Company
supplies to rural parts of Lamar County.
Generating Capacity- 420,000 KW
Lamar Power Parmers
1,000 MW Gas Fired Generation Facility
Tenaska. North American Energy Services
230 MW Steam/Gas Fired Co-Generation Facility
Current rate schedules are available upon request. Also sample billings can be completed for comparison with other locations.
Natural Gas:
TXU Gas Company is Paris' provider
· Transmission Lines 8", 10", 12"
· Pressure 300 PSlG
· BTU 1,070 per cubic foot
Water:
City of Paris is Paris' water supplier
· Sources: Pat Mayse Reservoir 109,000 acre feet
55 million gallons per day capacity
Lake Crook 13,544 acre feet
10 million gallons per day capacity
· Maximum System Capacity 36 MGD
· Maximum Daily Use To Date 23.5 MGD
· Average Daily Use 12.5 MGD
· Storage Capacity 11.5 Million Gallons
· Pressure on Mains 40 PSI - 80 PSI
· Size of Mains 6"- 24"
Wastewater:
City of Paris is Paris' wastewater treatment provider
· Type of Treatment Plant Activated Sludge
· Maximum Capacity 7.25 MGD
· Maximum Daily Use To Date 6.0 MGD
· Average Daily Use 4.2 MGD
643
Advertisement
FOR SALE
28,500 S.E Manufacturing Facility
2305 NW Loop 286 o Paris, Texas
14' Clear Height Rail Served 25 Acres
Triple Freeport Exemption Enterprise Zone
Paris
Economic
DevelOpment
Corporation
1651 Clarksville St. · Paris, Texas 75460
(91}3) 784-25111 · FAX (903) 784-2503
644
Advertisement
FOR SALE
28,500 S.F. Manufacturing Facility
PROPERTY SPECIFICATIONS
TOTAL SQUARE FEET:. 28,500
OFFICE AREA: 2,540
MANUFACTURING AREA: 21,560
WAREHOUSE AREA: 4,400 A/C
TRUCK DOORS: 8 (8' x 10')
YEAR BUILT: 1959
CEILING HEIGHT 14 Feet
CONSTRUCTION: Masonry & Steel
DIMENSIONS: 200' x 80' (Main Building)
ADJACENT FACILITY: 10,000 S.E Warehouse
HIGHWAY ACCESS: Four Lane Divided
Paris
Economic
Development COLLIERS
Corporation INTERNATIONAL
Cash R. McWhorter
1651 Clarksville St. · Paris, Texas 75460 9400 N. Central Expressway, Suite 250 · Dallas, Texas 75321
(903) 784-2501 · FAX (903) 784-2503 (214) 692-1100° FAX (214) 692-7600
, pedc@paristexas.com cash_mcwhorter@colliers.com
645
Minutes of the PEDC
June 12, 2001
Page 3
President Rhodes asked Mr. Vest to introduce Eric Roddy, the new Assistant
Director for the Paris Economic Development Corporation, to the Board.
Mr. Vest told the Board that Eric attended Prairiland High School, Paris Junior
College, and graduated from Texas A&M Commerce. Mr. Vest said that Eric
has worked for Sears all the time he was in college, and also received a
scholarship from Sears to help him with his college. Mr. Vest stated that PEDC
was fortunate to find Eric.
President Rhodes called for the approval of the Annual Budget for fiscal year
2001-2002.
Mr. Vest advised that he worked with Gene Anderson to come up with the
budget figures. Mr. Vest discussed the revenue and expenditures with the Board
for fiscal year 2001-2002. Mr. Vest advised that at the end of September there
should be resources available in the approximate amount of $1,182,796.00. He
advised that the revenue that they anticipate receiving is $900,000.00, comprised
of sales tax revenue plus $25,000.00 in interest, along with the bond payment
from.Paris Packaging of $384,000.00 during the upcoming year, for total
resources of $2,491,796.00. Mr. Vest went over the line item expenditures with
the Board.
Resolution No. 2001-007, approving the Annual Budget for fiscal year 2001-
2002, was presented by City Attorney Schenk.
A motion was made by Director Don Wall for approval of the resolution. The
motion was seconded by Director Jay Guest and carried 4 ayes, 0 nays.
646
PARIS ECONOMIC DEVELOPMENT CORPORATION
RESOLUTION NO. 2001,007
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE PARIS
ECONOMIC DEVELOPMENT CORPORATION, APPROVING THE
ANNUAL BUDGET; MAKING OTHER FINDINGS AND PROVISIONS
RELATED TO THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Paris Economic Development Corporation, in keeping with Section 8.03
of its bylaws, is obligated to have a proposed budget prepared, approved and delivered to the City
Manager of the City of Paris on or before June 30 of each year for inclusion in his annual budget
to be presented to the City Council in accordance with the Charter of the City of Paris; and,
WHEREAS, the budget attached hereto as Exhibit A is hereby presented by the Secretary-
Treasurer, and it is appropriate that such budget be approved; NOW THEREFORE;
BE IT RESOLVED BY THE PARIS ECONOMIC DEVELOPMENT
CORPORATION:
Section 1. That the findings set out in the preamble to this resolution are hereby in all
things approved.
Section 2. That the budget attached hereto as Exhibit A be, and the same is hereby,
approved.
Section 3. That the Secretary-Treasurer be, and she is hereby, directed to deliver the
budget attached hereto as Exhibit A to the City Manager of the City of Paris for inclusion in his
annual budget to be presented to the City Council in accordance with the Charter of the City of
Paris.
Section 4. That this resolution shall be effective from and after its date of passage.
PASSED AND ADOPTED this 12th day of June, 2001.
Michael R. Rhodes, President
ATTEST:
Melba Harris, Secretary-Treasurer
647
}APPROVED AS TO FORM:
Larry W. Schenk, City Attorney
PARIS ECONOMIC DEVELOPMENT CORPORATION
2001 -2002
BUDGET
Acct. ACTUAL ACTUAL PROJECTED BUDGET
# DESCRIPTION 98-99 99-00 2000-01 2001 -02
0001 New Industry Projects 474,485
Panda 300,000 0 0
Model Building 0 0
Turner International Piping 500,000 500,000 500,000 500,000
BITCO 10,023 128 0
Exide 0 0
PIF 0 0
Lansing Grain 6,000 0 0
Texas Air Quality Coalition 5,000 5,000 5,000
TCIM 5,000 125,000 100,000
Existing Industry Projects 474,485
0002 Paris Packaging 64,000 207,231 393,311 394,011
We Pack 262,383 0
Cox Field 0 0 0
Hearn St. Extension 0 0 250,000
Park St. Extension 0 57,600 0
Bond Issuance Costs 55,778 0
Chapman Note 53,906 53,906 53,906 53,906
Earthgrains 54,000
~SUB TOTAL 1,251,090 772,137 1,131,345 2,251,887
1001 Office Equipment 2,800 0 1,500 2,000
0201 Office Supplies 2,720 5,338 4,000 5,000
0202 Postage 661 4,085 1,000 2,000
SUB TOTAL 6,181 $9,423 $6,500 $9,000
0301 Communications 1,718 1,835 1,500 2,000
0305 Special Serv. Fees/Cons. 11,175 960 100 19,550
0305 Travel 12,638 15,881 10,000 15,000
0307 Subscriptions 0 85 200 250
0310 Miscellaneous 25 4,591 1,000 2,500
0311 Associations 1,308 2,238 10,000 10,000
0315 Promotional/Advertising 12,414 77,392 60,000 90,000
0349 City Services 0 0 0
0350 Compensation - Director 30,373 33,872 35,843 36,890
0351 Compensation - Asst. Dir. 43,721 40,880 53,335 38,169
Audit 3,040 3,550 3,550 3,550
SUB TOTAL 116,412 $181,304 $175,528 $217,904
0610 Reference Materials 0 2,000 3,000
Contingency 4,927 224 2,000 10,000
SUB TOTAL 4,927 $224 $4,000 $13,000
TOTAL EXPENDITURES 1,378,610 $963,088 $1,317,373 $2,491,796
648
President Rhodes announced that the next item on the agenda was a resolution
approving and authorizing Addendum Number Two to the Employment
Agreement dated June 14, 1994, between the Paris Economic Development
Corporation, the Chamber of Commerce, and Gary L. Vest. President Rhodes
pointed out that the addendum makes changes to sections three, four, seven,
eight, and fifteen and he read those sections, pointing out the changes.
President Rhodes advised that section three, CompensatiOn, states that PEDC
and Chamber shall pay Mr. Vest a salary, before required deductions, of not less
than $5,687.50, which changed to $6,666.67 per month, payable monthly. All
such compensation shall be subject to the customary Withholding tax, social
security tax, and other employment or payroll taxes as may be required and
provided by the United .States of America or the State of Texas. President
Rhodes explained this change as updating the salary from 1995.
President Rhodes said that section four, Term, states that in the event that Mr.
Vest is terminated from his employment for any reason other than for cause, in
accordance with Section 13, PEDC and the Chamber agree to continue to pay
Mr. Vest's salary and benefits due hereunder for a period of 180 days, and the
suggested change is for a period of one year from the effective date of
termination.
President Rhodes said.that section seven, Vacation / Holidays, states that after
one year, Mr. Vest will receive three weeks vacation and he shall take vacation
in such year for which he is eligible for same, and Mr. Vest may not carry over
accrued vacation without express authorization of PEDC and the Chamber in
accordance with Lamar County Chamber of Commerce Policy. Mr. Rhodes
advised that the consideration is accrued vacation time as opposed to not being
able to accrue vacation time under the present agreement.
Mr. Rhodes advised that section eight, Automobile / Travel Expenses, is
ch~inging car allowance from $500.00 to $700.00 per month, if the Chamber of
Commerce did not provide Mr: Vest a vehicle. In the event that for some reason
the Chamber does not provide a vehicle, he recommends raising the amount to
a more realistic figure.
Mr. Rhodes said the last change is in section fifteen, PEDC's Contribution,
which states that PEDC agrees to pay to the Chamber of Commerce $26,250.00
649
which is changed to $361,890.00 to fund its proportional 37.3% of Mr. Vest'
compensation, with payment being.paid monthly in the amount of $3,074.17
After discussion of section seven, Vacation / Holidays, it was the consensus of
the Board that the accrued vacation days should not exceed more than 30 days
and that in section eight, Automobile/Travel Expenses', the car allowance will
remain as $500.00 per month. The word Chamber should be struck from the
last sentence of the section; otherwise, the section is to remain as proposed.
Resolution No. 2001-008, approving Addendum Number Two to Employment
Agreement dated June 15, 1994, and authorizing the President of the Paris
Economic Development Corporation to execute on behalf of the Paris Economic
Development Corporation, Addendum Number Two to said Employment
Agreement, was presented by City Attorney Schenk.
A motion was made by Director Jay Guest, seconded by Director Mike Dunn,
for approval of the resolution. The motion carried unanimously.
650
PARIS ECONOMIC DEVELOPMENT CORPORATION
RESOLUTION NO. 2001-008
A RESOLUTION OF TI-IE BOARD OF DIRECTORS OF THE PARIS
ECONOMIC DEVELOPMENT CORPORATION, APPROVING
ADDENDUM NUMBER TWO TO THE EMPLOYMENT AGREEMENT
BETWEEN THE PARIS ECONOMIC DEVELOPMENT CORPORATION,
THE LAMAR COUNTY CHAMBER OF COMMERCE, AND GARY L.
VEST; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO
THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Paris Economic Development Corporation and the Lamar County
Chamber of Commerce did heretofore, in PEDC Resolution No. 94-001 and Joint Resolution No.
94-001, approve the execution of an Employment Agreement with Gary L. Vest; and,
WHEREAS, the Paris Economic Development Corporation and the Lamar County
Chamber of Commerce did heretofore, in PEDC Resolution No. 95-013 and Joint Resolution No.
95-001, authorize and approve Addendum Number One to the Employment Agreement; and,
WHEREAS, the terms of the employment agreement are in need of additional revision,
and an Addendum Number Two to Employment Agreement dated June 15, 1994, in the form
attached hereto as Exhibit A, should, in all things, be approved; NOW, THEREFORE,
BE IT RESOLVED BY THE PARIS ECONOMIC DEVELOPMENT
CORPORATION:
Section 1. That the findings set out in the preamble to this resolution are hereby in all
things approved.
Section 2. That Addendum Number Two to Employment Agreement dated June 15, 1994,
in the form attached hereto as Exhibit A, be, and the same is hereby, approved.
Section 3. That the President of the Paris Economic Development Corporation be, and he
is hereby, authorized and directed to execute, on behalf of the Paris Economic Development
Corporation, Addendum Number Two to Employment Agreement dated June 15, 1994, in the
form attached hereto as Exhibit A.
Section 4. That this resolution shall be effective from and after its date of passage.
PASSED AND ADOPTED BY THE PARIS ECONOMIC DEVELOPMENT
CORPORATION this 12th day of June, 2001.
Michael R. Rhodes, President
ATTEST:
Melba Harris, Secretary-Treasurer
651
APPROVED AS TO FORM:
Larry W. Schenk, City Attorney
652
ADDENDUM NUMBER TWO TO EMPLOYMENT AGREEMENT ...
DATED JUNE 15, 1994, BETWEEN
THE PARIS ECONOMIC DEVELOPMENT CORPORATION,
THE LAMAR COUNTY CHAMBER OF COMMERCE AND
GARY L. VEST
STATE OF TEXAS )
)
COUNTY OF LAMAR )
KNOW ALL MEN BY THESE PRESENTS, that this Addendum Number One to
Employment Agreement dated June 15, 1994, between the Paris Economic Development
Corporation, the Lamar County Chamber of Commerce and Gary L. Vest, is made this 12th day
of June, 2001, by and between the Paris Economic Development Corporation, by and through its
President, Michael R. Rhodes, duly authorized, hereinafter called PEDC, the Lamar County
Chamber of Commerce, by and through its President, Terry Christian, duly authorized, hereinafter
called CHAMBER, and Gary L. Vest, hereinafter called VEST.
WITNESSETH
It is hereby mutually agreed by and among PEDC, CHAMBER and VEST that the
following paragraphs be amended to read as follows:
"SECTION 3. Compensations
"PEDC and CHAMBER shall pay VEST a salary, before required
deductions, of not less than $6,666.67 per month, payable monthly. All such
compensation shall be subject to the customary withholding tax, Social Security
tax, and other employment or payroll taxes as may be required and provided by the
.United States of America or the State of Texas."
"SECTION 4. Term
"Except to the extent otherwise stated in this Paragraph, VEST serves at
the will of PEDC and CHAMBER.
"In the event that VEST is terminated from his employment for any reason
other than for cause, in accordance with Section 13, PEDC and CHAMBER agree
to continue to pay and provide to VEST all salary and benefits due hereunder for
EXHIBIT A
653
a period of 1 (one) year from the effective date of termination. Should VEST's
employment be terminated for cause, in accordance with Section 13, then this
Agreement shall automatically cease and be of no further force and effect. All
VEST's rights to salary or other benefits shall cease at the time VEST is terminated
for cause.'
"SECTION 7. Vacation Holidays
"VEST shall be entitled to take as holidays those days as may be from time
to time taken by the Lamar County Chamber of Commerce as holidays. VEST
shall be eligible for vacation as follows:
"A. After one year - three (3) weeks.
"VEST shall take vacation in such year for which he is eligible for same,
and VEST may carry over accrued vacation, not to exceed a total of thirty (30)
days accrued vacation."
"SECTION 8. Automobile/Travel Expenses
"CHAMBER agrees to either provide to VEST a vehicle for business use
or pay to VEST a car allowance of $500.00 per month for VEST's business use of
his personal vehicle within Lamar County. In the event the CHAMBER does not
provide a vehicle, VEST shall provide a vehicle appropriate for use in business
pursuant to this contract, and VEST shall be responsible for payment of liability
insurance on such vehicle in an amount approved by PEDC and CHAMBER.
PEDC agrees to reimburse VEST for out-of-county travel on a cost basis in
/~ccordance with PEDC's and CHAMBER's established policies."
"SECTION 15. PEDC's Contribution
"PEDC agrees to pay to CHAMBER, $36,890.00 to fund its agreed
proportional 37.3 % of VEST's compensation. Such payment shall be paid monthly
on or before the first day of each month in the amount of $3,074.17."
654
EXECUTED on the 12th day of June, 2001.
PARIS ECONOMIC DEVELOPMENT
CORPORATION -.
By:
Michael R. Rhodes, President
ATTEST:
Melba Harris, Secretary-Treasurer
APPROVED AS TO FORM:
Larry W. Schenk, City Attorney
LAMAR COUNTY CHAMBER OF
COMMERCE
By:
Terry Christian, President
ATTEST:
Don Wall, Secretary-Treasurer
Gary L. Vest
STATE OF TEXAS )
)
COUNTY OF LAMAR )
BEFORE ME, the undersigned authority, on this day personally appeared MICHAEL R.
RHODES, President, Paris Economic Development Corporation, known to me to be the person
whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed
the same for the purposes and consideration therein expressed and in the capacity therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE, this 12th day of June, 2001.
Notary Public, State of Texas
654
STATE OF TEXAS )
)
COUNTY OF LAMAR )
BEFORE ME, the undersigned authority, on this day personally-appeared TERRY
CHRISTIAN, President, Lamar County Chamber of Commerce, known to me to be the person
whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed
the same for the purposes and consideration therein expressed and in the capacity therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE, this __ day of ,2001.
Notary Public, State of Texas
STATE OF TEXAS )
)
COUNTY OF LAMAR )
BEFORE ME, the undersigned authority, on this day personally appeared GARY L.
VEST, known to me to be the person whose name is subscribed to the foregoing instrument, and
acknowledged to me that he executed thc same for the purposes and consideration therein
expressed.
GIVEN UNDER MY HAND AND SEAL OF OFFICE, this day of
,2001.
Notary Public, State of Texas
656
There being no further business, a motion was made by President Michael
Rhodes, seconded by Director Wall to adjourn the meeting. The motion carried
4 ayes, 0 nays.
MICHAEL RHODES, PRESIDENT
ATTEST:
MATTIE CUNNINGHAM
City Clerk