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2002-06-19-Minutes704 ANNUAL MEETING .... PARIS ECONOMIC DEVELOPMENT CORPORATION June 19, 2002 The Paris Economic Development Corporation held its annual meeting on Wednesday, June 19, 2002, at 4:00 P. M., Heritage Hall, 1009 West Kaufman Street, Paris, Texas. President Mike Rhodes called the meeting to order with the following Directors present: Curtis Fendley, Jay Guest, and Don Wall. Also present were ex-officio board members Bobby Walters, Executive Director Gary Vest, City Manager Michael E. Malone, Mayor Michael J. Pfiester, and City Clerk Mattie Cunningham. President Rhodes introduced Dick Severson as a new appointee to the board and expressed the appreciation of the board for his willingness to serve. President Rhodes felt that Mr. Severson's service would be rewarding both to the PEDC and to Mr. Severson. President Rhodes announced that Paul Spencer was present and that Gary Vest would be introducing him later in the meeting. Jim Bell, President of the Paris Board of Realtors, was also present to discuss an issue. President Rhodes called for approval of minutes from the April 17, 2002, meeting. A motion was made by Director Guest, seconded by Director Fendley, for approval of the minutes as presented. The motion carried unanimously. President Rhodes asked Gene Anderson, Director of Finance, to give the financial report for the months of April, 2002, and May, 2002. Mr. Anderson came forward presenting the financial statements. Mr. Anderson advised that they did not have any expenditures that were other than the routine type in either month. There were more expenditures in April but they were all routine. A motion was made by Director Wall, seconded by Director Guest, for approval of the financial report as presented by Mr. Anderson. The motion 705 carried unanimously. President Rhodes called for acceptance of and possible action on a recommendation by the Board of Realtors for the marketing of commercial sites by the Paris Economic Development Corporation. President Rhodes advised that he, Jim Bell, and Vic Ressler had a discussion relative to the consistent marketing of commercial property by the PEDC. President Rhodes advised that he had mailed a letter to all of the members of the Paris Board of Realtors Board regarding this issue. President Rhodes read the letter addressed to Jim Bell, President of the Paris Board of Realtors, which advised that it was the intent of the Paris Economic Development Corporation to attract industries and jobs for Paris, and in this instance, to facilitate the goal of recruitment of an industrial tenant for the recently vacated K-Mart building. President Rhodes advised that he invited Mr. Bell to attend the scheduled June 19, 2002, PEDC meeting at Heritage Hall. He stated that the Board was open to any suggestions as to how the PEDC can avoid this type issue in the future. President Rhodes said his letter was the result of an issue that arose when the K-Mart Building became vacant and Mr. Vest attempted to try to market that building by mailing out a brochure listing Donald Lewis as the broker involved. President Rhodes requested that Mr. Vest go over the procedures in marketing a building through the PEDC. Mr. Vest advised that when a building that comes on the market is an industrial facility, PEDC tries to find a user for it. The K-Mart building, even though it is a retail type building, does have significant industrial applications, particularly for small, light industry. He said that he had mailed almost five thousand brochures primarily to pharmaceutical companies, light manufacturing companies, and medical device companies that need a controlled environment type building. Mr. Vest said that Donald Lewis has the listing on the building, so his name was placed on the brochure as the 706 contact person, which is the normal procedure. Mr. Vest drew the Board's attention to a brochure on the Oliver Rubber building that has been included in the agenda packet, and pointed out that a realtor is listed on it. Mr. Vest said that anytime PEDC has a building with 10,000 square feet or more, a brochure will be done. Mr. Vest said the owner of the K-Mart building told him that he did not want anyone calling him. The owner had listed it with a realtor, and if there were any inquiries, those calling were to contact the realtor. Mr. Vest advised that the building is under contract, but the contract is with a real estate investment firm. Jim Bell said there were misunderstandings but many of the issues had been covered before this meeting. The big issue goes further than the K-Mart building. Brokers have listed property with more than 10,000 square feet, such as the Foxworth building, and they did not get marketing assistance from the PEDC. The brokers are not sure what type building will qualify and what procedure to follow to get PEDC's assistance. Mr. Bell said the brokers would like the PEDC board to formally propose parameters for buildings that the PEDC would consider, as well as what procedure a broker should follow to request assistance. He would like the PEDC to present programs providing this information to the Paris Board of Real Estate. Mr. Bell stated that both organizations are here for the purpose of moving property; if the property is a building of any size, then it will be providing jobs. Mr. Bell said there needs to be a formal but brief agreement between the Board of Realtors and the PEDC that would at least say that the Realtor is the point of contact and that would keep both parties informed. Mr. Bell said that a number of Realtors would like to see if there was some way to include a standard flyer that states, "if you are an interested party and want bi- representation." Mr. Bell advised that the real estate industry has changed in the last few years. Their listing agreements are contractual and a Realtor has to declare one of three statuses: buyer, agent, or seller agent; or they have to be an intermediator which it is very hard. He said that many of the PEDC's prospects may want bi-representation. If that is the case, Mr. Bell said it was only fair to say a possible benefit of a Chamber membership is to include something in the brochure that says "if you want to talk to someone 707 other than the listing agent to have this building investigated on your on behalf contact one of these Chamber member Realtors for bi-representation." Mr. Bell noted that these werr just suggestions. President Rhodes informed Mr. Bell Hat sometimes the PEDC has to operate through the realm of confidentiality, which is a touchy problem. He said the PEDC wants to be sure that everybody is pleased with the way they do business concerning fairness. This includes all of the Chamber members even though this is not a Chamber issue. President Rhodes said the PEDC directors were expecting a written proposal from the Paris Board of Realtors on what PEDC can do. President Rhodes advised Mr. Bell that it was hard for the PEDC to propose because they really do not know where the Paris Board of Realtors is coming from, what they need, and what their requirements might be. Donald Lewis advised that he received a call from Gary Vest who had explained that several Realtors had lodged complaints. Mr. Lewis said that people need to understand the legality of a listing agreement. When an owner lists his property with an agent, the owner has a legal obligation to refer prospects to that agent and not negotiate directly with the prospective buyer. Mr. Lewis said the owner is appointing that agent as his representative. Mr. Lewis said there are two problems. One is whether you have permission to send out a flyer to market the building, and two, should an agent be on the flyer. Mr. Lewis said legally, an owner has some obligation to the hired agent. He said he did not understand the PEDC policy enough to know, but, he felt that whether it is a public company or an individual owner, the PEDC would want the owner's consent to send out flyers. Mr. Lewis advised that the owner of the K-Mart building came to Paris and he went to Mr. Vest and visited with him, as he did with at least two Realtors. Mr. Lewis advised that the property owner chose one of the Realtors to market the property and consented to let the PEDC mail the flyers out. Mr. Lewis said the property owner could not believe that other Realtors were 708 upset because Mr. Lewis' name was on the flyer. The property owner said he did not want it any other way. After discussion, President Rhodes asked that Mr. Vest, Jim Bell, Donald Lewis, and anyone who would like to serve on a committee with them, meet and come up with a solution that would please everyone. President Rhodes requested that they bring the answer back to the PEDC next month so that the board can take formal action. President Rhodes called for the Director's report. Gary Vest, Executive Director, reported they have had six inquiries from the advertisement program and eight inquiries last month. There were two from TxED, one from the postcard mailing, and a walk-in prospect. Mr. Vest advised that he and Eric Roddy attended the TEDC meeting in Round Rock on April 24, 2002. He also testified before the Texas House Ways and Means Committee about the Economic Development Sales Tax. Mr. Vest said that last year the legislature passed a law, House Bill 3178, which says the Executive Director of the Development Corporation, the City Manager, the City Attorney, or the City Clerk will attend training on rules and regulations concerning the economic development corporation. He advised that training will be provided through the Texas Economic Development Council, the Attorney General's office, and the State Comptroller's office. Mr. Vest said they have had one training session so far and that was in Round Rock with ninety-two people attending that training session. The next session is going to be in Tyler on July 24, 2002, starting at 8:30 A.M. through 3:30 P.M. He said that he and Eric will be attending and invited the City Manager, the City Attorney and anyone else who wish to attend to this training session. Mr. Vest introduced Paul Ray Spencer and advised that Mr. Spencer makes stuffed jalapeno peppers and samples were available. Mr. Vest said that Mr. 709 Spencer was selling them through his store and to other convenience stores. Mr. Vest told the Board that Mr. Spencer secured an account with the Choctaw Nation's stores and that they came to him and wanted him to provide peppers to fifty-two stores. There is an opportunity for a local small industry to grow into what could be a major industry. Mr. Vest said he had worked with a company once before that was stuffing cheese in jalapeno peppers and they now have about three hundred employees. It is a tremendous business. Mr. Vest felt that Mr. Spencer has the same potential here in Paris and felt this is an opportunity for the PEDC to help a small homegrown industry to get off the ground. Mr. Vest advised that the PEDC's potential aid would be to build the facility for him, with PEDC owning the facility, and do a lease purchase back to Mr. Spencer. He said as the facility grew there may be a need to expand the building. It will be built in a manner where it can be expanded. The building will have to meet USDA specifications. Mr. Spencer told the Board that he has two full-time employees at this time. He said he has talked to the Choctaw Nation along with Grocery Supply, who has thirty thousand stores. Mr. Spencer said he also received a telephone call from one of the world's largest food suppliers and he has an appointment to meet with them. He advised that he has gone from selling fifteen dozen stuffed peppers to 175 to 200 dozen. Mr. Spencer informed the Board that they were doing everything by hand, but there is a lot of equipment that he is going to have to purchase. Mr. Vest advised that the survey has been received on the Northwest Industrial Park. He has the plat and will have the field notes tomorrow. The next step will be the design work and to go out for bids along with the timber cutting and cleaning. Mr. Vest said on June 6, 2002, staff attended a meeting of the Texas Economic Development Sales Tax Association in Mesquite. There were 94 economic development people in attendance and they debated matters concerning the economic development sales tax as to whether or not they should be doing retail projects. Mr. Vest advised that some people are doing 710 retail which is causing concern in the legislature. Paris Junior College received another Skill Development Fund Grant in the amount of eight hundred thousand plus for training new workers at Campbell Soup, Kimberly Clark, and to retrain a considerable number of workers. President Rhodes called for consideration of and action on a resolution approving the audit for the fiscal year ending September 30, 2001. Resolution No. 2002-001, approving the audit prepared by McClanahan & Holmes for the Paris Economic Development Corporation for the fiscal year ending September 30, 2001, was presented. 711 PARIS ECONOMIC DEVELOPMENT CORPORATION RESOLUTION NO. 2002-001 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE PARIS ECONOMIC DEVELOPMENT CORPORATION APPROVING THE AUDIT FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2001; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE. WHEREAS, Section 9.03 of the Bylaws of the Paris Economic Development Corporation (PEDC) provides for an annual financial audit by an independent audit firm employed by the City of Paris for its annual audit; and, WHEREAS, the City Council of the City of Paris did heretofore, on the 13th day of August, 2001, select McClanahan & Holmes to perform the City's financial audit for the fiscal year ending September 30, 2001; and, WHEREAS, McClanahan & Holmes has completed its financial audit of the PEDC, and it is deemed appropriate that such audit 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 audit prepared by McClanahan & Holmes for the Paris Economic Development Corporation for the fiscal year ending September 30, 2001, be, and the same is hereby, approved. Section 3. That this resolution shall be effective from and after its date of passage. PASSED AND APPROVED this 19th of June, 2002. Michael R. Rhodes, President ATTEST: Curtis Fendley, Secretary-Treasurer 712 APPROVED AS TO FORM: Larry W. Schenk, City Attorney 713 A motion was made by Director Fendley, seconded by Director Guest, for approval of the resolution. The motion carried unanimously. President Rhodes called for 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 the fiscal year 2002/2003. Mr. Vest read the Executive Summary of the Program of Work to the Board in its entirety, discussing items within the summary. Resolution No. 2002-002, approving the Annual Plan of Work for the Paris Economic Development Corporation, 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, was presented. 714 PARIS ECONOMIC DEVELOPMENT CORPORATION RESOLUTION NO. 2002-002 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. ThaLthe 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 19th day of June, 2002. Michael R. Rhodes, President ATTEST: Curtis Fendley, Secretary-Treasurer 715 ATTEST: Larry W. Schenk, City Attorney 716 Paris PARIS 1651 Clarksville Street ECONOMIC Paris, Texas 75460 Texas DEVELOPMENT 903.784.2501 CORPORATION Fax: 903.784.2503 2002- 2003 PROGRAM OF WORK Executive Summary As we move into 2003 the Paris Economic Development Corporation is in a position where we need to make an all out effort to accommodate industrial development. Although we have seventeen sites cataloged, we have very little that are prepared for immediate development. Considering the association PEDC has with the Paris Industrial Foundation, we have an excellent opportunity to bring the Northwest Industrial Area, which is owned by the Foundation, into an industrial park status. The Northwest Industrial Site has four laned divided highway access to Loop 286, rail access, and other essential infrastructure to the property lines. We have already begun access to this site with the development of Park Street and we now have an excellent :. opportunity to further that development. Currently the PEDC has three prospective companies situated to locate in this industrial park environment. Such an industrial park would also be an ideal location for a model building program when we address that issue. The Paris Economic Development Corporation must be prepared for potential industrial locations which is our charge from the Paris City Council. Our industrial allies have told us time and time again that 85% of all site searches begin with the idea of finding an existing facility. Having an industrial park is critical to our development of prospects. We now have the Northwest Industrial Park defined with clear title and we need to move to design, clearing and infraStructure development. EXHIBIT A ww~ee, parl~texas, com 717 PEDC Executive Summary 2002 - 2003 Page 2 This next year will bring tremendous challenges to the very existence of the economic development corporations across the state. The Texas Legislature has undertaken many interim studies about the Sales Tax for Economic Development. With the State facing budget shortfalls, as well as our local and.national governments, the finding of economic development will be an issue. There are certainly isolated instances of abuse and misuse of the sales tax for economic development, which will inevitably be used against the entire economic development community. Our position should be for maintained local control and continue to follow the letter and intent of the law, as we have always done here in Paris, Texas. Through the Texas Economic Development Council and the Texas Economic Development Sales Tax Association we can support efforts to keep the economic development sales tax in place. Preparedness and aggressive marketing is the order of the day for the Paris Economic Development Corporation. 'Marketing of the existing properties we have and being prepared to facilitate future locations is what will bring Paris the desired primary employers to move our economy forward. TABLE OF CONTENTS .· Mission Statement · Original Charge as offered by the Paris City Council · PEDC Overall Economic Development Program · 2002-2003 Program of Work: Goals, Objectives, and Actions. Goal ! - Retention and Expansion of Existing Industries Goal I! . Recruitment of New Primary Employers ---' Goal III - Start-Up Business and Small Business Development, Goal IV - Infrastructure I Training · Projects · Budget for 2002 - 2003 · 2001-2002 Report of Accomplishment 719 Mission Statement PARIS ECONOMIC DEVELOPMENT CORPORATION TO PLAN, PROMOTE, FINANCE, AND CONSTRUCT OPPORTUNITIES FOR THE RETENTION, GROVVTH, 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 il. 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. ORIGINAL CHARGE AS OFFERED BY THE PARIS CITY COUNCIL i PARIS ECONOMIC DEVELOPMENT CORPORATION ~ 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 ali Corporation endeavors on implementation of the Mission Statement for the PEDC · To operate only in a manner consistent with ali 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 organiza, tions 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 Da)' and Associates for the PEDC PARIS ECONOMIC DEVELOPMENT CORPORATION OVERALL ECONOMIC DEVELOPMENT PRO~RAM 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. 722 OVERALL 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. 723 GOAL I. RETENTIO.N 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, and Skills Development Fund. 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. 10. Participate in the Northeast Texas Regional Mobility Council (NETMOB) to improve transportation facilities to the Paris area. 724 GOAL I!. 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. GOAL II. RECRUITMENT'OF NEW PRIMARY EMPLOYERS (continued) 10. Develop a new web site for PEDC. 11. Participate in the Texas Department of Economic Development Community Profile Program. 12. Develop an industrial allies appreciation day. 13. Explore regional development cooperatives. 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. 726 GOAL IIl. 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 incentiye. · 6. Encourage and assist new industrial support services. 7. Promote city's Revolving Loan Fund. 727 GOAL IV. INFRASTRUCTURE/TRAINING Infrastructure development and workforce training to support the other goals of the PEDC. OBJECTIVE Provide necessary support systems to entice existing industry to expand in Paris and new industries to locate in Paris and provide a trained and ready workforce for industry. ACTIONS 1. Support the improvement and preservation of transportation access into Paris, ground, rail, and air. 2. Develop site plan for NW Industrial District and begin infrastructure improvements. 3. Re-evaluate a model building program to attract prospective industry. 4. Coordinate industry training needs with local school districts and Paris Junior College. 5. Support the Texas Workforce Commission and the Local Workforce Development Board in providing training and assistance to the Paris' area workforce. 6. Promote the Skills Development Fund to Finance training of Paris area technical workforce through Paris Junior College. 7. Encourage local industry and employers to utilize the Job Training Partnership Act to facilitate training of new employers. 8. Support the Texas Air Quality Coalition to maintain paris' attainment status. 728 GOAL IV. INFRASTRUCTURE/TRAINING Infrastructure development and workforce training to support the other goals of the PEDC. OBJECTIVE Provide necessary support systems to entice existing industry to expand in Paris and new industries to locate in Paris and provide a trained and ready workforce for industry. ACTIONS 1. Support the improvement and preservation of transportation access into Paris, ground, rail, and air. 2. Develop site plan for NW Industrial District and begin infrastructure improvements. 3. Re-evaluate a model building program to attract prospective industry. 4. Coordinate industry training needs with local school districts and Paris Junior College. 5. Support the Texas Workforce Commission and the Local Workforce Development Board in providing training and assistance to the Paris' area workforce. 6. Promote the Skills Development Fund to Finance training of Paris area technical workforce through Paris Junior College. 7. Encourage local industry and employers to utilize the Job Training Partnership Act to facilitate training of new employers. 8. Support the Texas Air Quality Coalition to maintain Paris' attainment status. 729 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 730 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 11.) 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" 731 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 29.) Sesame Solutions expansion 30.) Turner International Piping - 30,000 sq. ft. expansion 732 PARIS ECONOMIC DEVELOPMENT CORPORA'I ,ON 2001 -2002 BUDGET Acct. ACTUAL ACTUAL PROJECTED BUDGET # DESCRIPTION 98-99 99-00 2000-01 2001-02 10001 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 Hearn St. Extension 0 0 250,000 Cox Field 0 0 0 Park St. Extension 0 57,600 0 Bond Issuance Costs 55,778 0 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 SUBTOTAL 6,181 $9,423 $6,500 $9,000 0301 Communications 1,718 1,835 1,500 2,000 0305 Special Services Fees/Cons. 11,175 980 100 19,550 0306 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. Director 43,721 40,880 53,335 38,169 . Audit 3,040 3,550 3,550 3,550 SUBTOTAL 116,412 $181,304 $175,528 $217,904 0610 Reference Materials 0 2,000 3,000 0610-11 Contingency 4,927 224 2,000 10,000 SUBTOTAL 4,927 $224 $4,000 $13,000 TOTAL EXPENDITURES 1,378,610 $963,088 $1,317,373 $2,491,796 PARIS ECONOMIC DEVELOPMENT CORPORATION. Revenue Statement 2002-2003 Anticipated Cash Position 9/30/02 $778,163 (These funds will be carried over to 2002/03 budget) Revenue 2002 - 2003: Estimated Sales Tax $896,877 Estimated Interest 35,000 Paris Packaging Payments 384,000 Total Current Re{,enue $1,315.877 Total Resources $2,094,040 Committed Funds: Texas Air Quality Coalition 5,000 Bond Debt Payments 388,936 Turner International Piping Systems 500,000 ($2,500,000 over 5 years last payment in 2003) Hearne Street Extension 250,000 Chapman Loan Payments(final year) 53,906 TCIM ($500,000 over 5 years) 50,000 Audit 3,550 Chamber of Commerce 269,079 Total Commitment of Existing Funds $1,520,471 Available Funds For Projects 2002-2003 $573,569 Long Term Obligations (as of 9-30-02): Bonds Payable (over 16 years) · $3,730,000 Chapman Loan (2003 final year) 53,906 TIPS (2003 final year) 500,000 TCIM (over 2 years) 75,000 Total Long Term Obligations $4,358,906 734 PARIS ECONOMIC DEVELOPMENT CORPORATION 2002-2003 BUDGET Acct. ACTUAL ACTUAL PROJECTED BUDGET # DESCRIPTION 99-00 00-01 2001 -02 2002-03 0001 New Industry Projects 286,784 Turner International Piping 500,000 500,000 500,000 500,000 BITCO 0 128 0 0 Lansing Grain 6,000 0 0 0 Texas Air Quality Coalition 5,000 0 5,000 5,000 TCIM 0 125,000 100,000 50,000 Existing Industry Projects 0 0 0 286,784 0002 Paris Packaging 207,231 393,731 394,011 388,936 Hearn St. Extension 0 0 0 250,000 Park St. Extension 57,600 0 0 0 Chapman Note 53,906 53,906 53,906 53,906 Earthgrains 0 54,000 0 0 SUB TOTAL 829,787 1,1 26,765 1,052,917 1,821,410 1001 Office Equipment 0 149 3,000 10,000 0201 Office Supplies 5,338 6,227 7,931 8,000 0202 Postage 4,085 1,913 12,050 15,000 SUB TOTAL 9,423 $8,289 $22,981 $33,000 0301 Communications 1,835 1,316 1,500 2,000 0305 Special Services Fees/Consultants 980 100 13,403 5,000 0306 Travel 15,881 9,562 15,000 15,000 0307 Subscriptions 85 0 314 500 0310 Miscellaneous 4,591 1,064 1,000 2,000 0311 Associations 2,238 10,063 8,000 8,000 0315 Promotional/Advertising 77,392 61,592 80,000 89,000 0349 City Services 0 0 0 0 0350 Compensation - Director 33,872 35,271 36,890 57,447 0351 Compensation - Asst. Director 40,880 53,830 50,532 45,132 Audit 3,550 2,225 3,550 3,550 SUB TOTAL 181,304 $175,023 $210,189 $227,629 0610 Reference Materials 0 0 0 2,000 0610-11 Contingency 224 1,322 1,000 10,000 SUB TOTAL 224 $1,322 $1,000 $12,000 TOTAL EXPENDITURES 1,020,688 $1,311399 $1,287,087 $2,094,039 735 PEDC - ACCOU]NT DESCRIPTIONS ACCOUNT # DeSCRiPtiON 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 736 PEDC Sales Tax Revenue 95-96 96-97 97-98 98-99 99-00 00-01 01-02 October 53,726.02 59,244.84 63,583.43 58,570.48 57,956.09 66,497.71 45,155.74 November 79,569.37 77,412.27 83,381,20 85,921.83 88,720.24 99,768.29 93,197.03 December 54,066.72 59,246.13 59,805.55 55,807.36 81,282.23 60,942.36 71,448.97 January 54,022.05 50,817.13 54,321.15 71,219.01 63,696.47 64,076.18 60,777.95 February 92,169.45 97,196.67 107,747.64 114,895.72 108,920.58 103,782.78 123,239.11 March 53,800.70 55,002.26 48,096.80 69,519.52 68,882.75 57,137.58 56,620.80 April 50,769.21 50,091.71 51,420.20 62,863.87 62,638.06 64,253.56 61,840.09 May 80,037.49 82,059.57 78,511.00 77,153.29 131,801.54 94,763.07 88,392.63 June 59,784.04 59,567.29 70,011.97 68,425.87 66,546.12 64,898.16 July 52,223.32 54,530.95 56,428.61 61,688.08 71,726.44 68,482.69 August 81,267.98 84,145.53 91,223.12 98,697.42 109,715.82 92,248.31 September 70,390.05 75,433.13 70,447.58 67,370.03 87,471.39 70,576.38 PEDC 781,826.41 804,746.89 834,978.23 892,132.49 999,257.75 907,427.07 600,672.32 Average per month 65,152.20 67,062.24 69,581.52 74,344.37 83,271.48 75,618.92 75,054.04 Average Revenue Per Month CHART 737 PARIS ECONOMIC DEVELOPMENT CORPORATION ACTIVITY SUMMARY 2001 Advertising Responses: 263 Prospect Visits: 5 Major Projects: SEASCO--secured financing through the Chapman Revolving Loan Fund. Name changed to Sesame Solutions through merger. Paris Packaging received a $289,000 training grant from the Skills Development Fund coordinated through the Texas Workforce Commission and Paris Junior College. Closing of the Oliver Rubber Plant by Cooper Tire. Earth Grains acquired by Sara Lee. Land acquisition for Hydro Conduit from Union Pacific facilitated by the Paris Industrial Foundation. Special Projects: Effort to establish Jewelry Manufacturers in conjunction with Paris Junior College and a watch manufacturing facility. Direct mail campaign to California attempting to capitalize on the energy problem (post card). Newspaper advertising in Houston Chronicle, Dallas Morning News, and the Mercury News in California. Started the North East Texas Regional Mobility Council (NETMOB) Texas 77th Legislative session: There were some forty (40) bills introduced that would have directly affected the PEDC. Eleven (11) bills passed that affect the PEDC. Trade Shows and Conferences: NAM-National Association of Manufacturers, March 5-9, Chicago. A motion was made by Director Wall, seconded by Director Fendley, for approval of the resolution. The motion carried unanimously. President Rhodes announced that the next item on the agenda was consideration of and action on a resolution approving the Annual Budget for fiscal year 2002/2003. Resolution No. 2002-003, approving the Annual Budget for fiscal year 2002- 2003; directing the Secretary-Treasurer to deliver the budget 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, was presented. 739 PARIS ECONOMIC DEVELOPMENT CORPORATiON RESOLUTION NO. 2002-003 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 Mananger 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 19th day of June, 2002. Michael R. Rhodes, President ATTEST: Curtis Fendley, Secretary-Treasurer 740 APPROVED AS TO FORM: Larry W. Schenk, City Attorney 741 PARIS ECONOMIC DEVELOPMENT CORPORATION Revenue Statement 2002-2003 Anticipated Cash Position 9/30102 $778,163 (These funds will be carried over to 2002/03 budget) Revenue 2002 - 2003: Estimated Sales Tax $896,877 Estimated Interest 35,000 Paris Packaging Payments 384,000 Total Current Revenue $1,315,877 Total Resources $2,094,040 Committed Funds: Texas Air Quality Coalition 5,000 Bond Debt Payments 388,936 Turner International Piping Systems 500,000 ($2,500,000 over 5 years last payment in 2003) Hearne Street Extension 250,000 Chapman Loan Payments(final year) 53,906 TCIM ($500,000 over 5 years) 50,000 Audit 3,550 Chamber of Commerce 269,079 Total Commitment of Existing Funds $1,520,471 Available Funds For Projects 2002-2003 $573,569 Long Term Obligations (as of 9-30-02): Bonds Payable (over 16 years) $3,730,000 Chapman Loan (2003 final year) 53,906 TIPS (2003 final year) 500,000 TCIM (over 2 years) 75,000 Total Long Term Obligations $4,358,906 EXHIBIT A 742 PARIS ECONOMIC DEVELOPMENT CORPORATION 2002-2003 BUDGET Acct. ACTUAL ACTUAL PROJECTED BUDGET # DESCRIPTION 99-00 00-01 2001 -02 2002-03 0001 New Industry Projects 286,784 Turner International Piping 500,000 500,000 500,000 500,000 BITCO 0 128 0 0 Lansing Grain 6,000 0 0 0 Texas Air Quality Coalition 5,000 0 5,000 5,000 TCIM 0 125,000 100,000 50,000 Existing Industry Projects 0 0 0 286,784 0002 Paris Packaging 207,231 393,731 394,011 388,936 Hearn St. Extension 0 0 0 250,000 Park St. Extension 57,600 0 0 0 Chapman Note 53,906 53,906 53,906 53,906 Earthgrains 0 54,000 0 0 SUB TOTAL 829,787 1,1 26,765 1,052,917 1,821,410 1001 Office Equipment 0 149 3,000 10,000 0201 Office Supplies 5,338 6,227 7,931 8,000 0202 Postage 4,085 1,913 12,050 15,000 SUB TOTAL 9,423 $8,289 $22,981 $33,000 0301 Communications 1,835 1,316 1,500 2,000 0305 Special Services Fees/Consultants 980 100 13,403 5,000 0306 Travel 15,881 9,562 15,000 15,000 0307 Subscriptions 85 0 314 500 0310 Miscellaneous 4,591 1,064 1,000 2,000 0311 Associations 2,238 10,063 8,000 8,000 0315 Promotional/Advertising 77,392 61,592 80,000 89,000 0349 City Services 0 0 0 0 0350 Compensation - Director 33,872 35,271 36,890 57,447 0351 Compensation - Asst. Director 40,880 53,830 50,532 45,132 Audit 3,550 2,225 3,550 3,550 SUB TOTAL 181,304 $175,023 $210,189 $227,629 0610 Reference Materials 0 0 0 2,000 0610-11 Contingency 224 1,322 1,000 10,000 SUB TOTAL 224 $1,322 $1,000 $12,000 TOTAL EXPENDITURES 1,020,688 $1,311399 $1,287,087 $2,094,039 743 ACCOUNT # DeSCRiPtiON 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 744 PEDC Sales Tax Revenue 95-96 96-97 97-98 98-99 99-00 00-01 01-02 October 53,726.02 59,244.84 63,583.43 58,570.48 57,956.09 66,497.71 45,155.74 November 79,569.37 77,412.27 83,381,20 85,921.83 88,720.24 99,768.29 93,197.03 December 54,066.72 59,246.13 59,805.55 55,807.36 81,282.23 60,942.36 71,448.97 January 54,022.05 50,817.13 54,321.15 71,219.01 63,696.47 64,076.18 60,777.95 February 92,169.45 97,196.67 107,747.64 114,895.72 108,920.58 103,782.78 123,239.11 March 53,800.70 55,002.26 48,096.80 69,519.52 68,882.75 57,137.58 56,620.80 April 50,769.21 50,091.71 51,420.20 62,863.87 62,638.06 64,253.56 61,840.09 May 80,037.49 82,059.57 78,511.00 77,153.29 131,801.54 94,763.07 88,392.63 June 59,784.04 59,567.29 70,011.97 68,425.87 66,546.12 64,898.16 July 52,223.32 54,530.95 56,428.61 61,688.08 71,726.44 68,482.69 August 81,267.98 84,145.53 91,223.12 98,697.42 109,715.82 92,248.31 September 70,390.05 75,433.13 70,447.58 67,370.03 87,471.39 70,576.38 PEDC 781,826.41 804,746.89 834,978.23 892,132.49 999,257.75 907,427.07 600,672.32 Average per month 65,152.20 67,062.24 69,581.52 74,344.37 83,271.48 75,618.92 75,054.04 Average Revenue Per Month CHART 745 IFT-International Food Technology, June 25-27, New Orleans. NAFEM-North American Food & Equipment Manufacturers, September 7-10, Orlando. Texas Economic Development Conference-September 19-21, Dallas. . Basic Economic Development Course-Texas A&M, San Antonio November 4-9. Bio-Technology Briefing, November 1, Tyler. 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 Good Roads Association Texas Taxpayers and Research Association American Chambers of Commerce Research Association Future IsSues: Paris Area Labor Survey Wage and Benefit Survey February 20-22, Market Texas-prospecting trip to San Diego, California, bio-med/bio tech companies. February 28, East Texas Gulf Highway Association presentation to the TxDOT Commission in Lufkin. March 10-12, Jewelry Manufacturer~Trade Show with Paris Junior College, New York. Development of the Northwest Industrial Park in conjunction with the Paris Industrial Foundation. 746 WITHOUT THE PARIS ECONOMIC DEVELOPMENT CORP. WE WOULDN'T EXIST Bill Carver President & General Manager Paris Packaging Our plant prints, cuts, and glues paperboard cartons for fast service, bakery, pet food, and other industries. When Anheuser Busch decided to sell their packaging plant in Paris, Texas, some buyers wanted to take the equipment and close down the plant. We wanted to buy it and expand its operations. The Paris Economic Development Corporation helped Paris Packaging obtain interim financing and a bond issue so we could acquire the plant. The financial institutions in Paris were a great help. It's clear Paris is not only interested in bringing in new industry, but also supports the companies that are already here. The purchase worked out well for us and for Paris. We've expanded our sales significantly and ship throughout the country as well as to Hawaii, Canada, and Puerto Rico. Our raw materials are delivered by rail without delivery problems. And we have a skilled, stable workforce that has been with us on an average of 14 years." For more reasons why Paris you should pick Paris, contact: Economic Gary Vest, Director Development Paris Economic Development Corporation Corporation 1-800-PARIS, TX 747 FOR SALE 87,675 Facility Southwest Corner of Loop 286 Street (US271) · Paris, Texas Climate Controlled , Available For Industrial Users Triple Freeport Exemption Enterprise Zone 748 FOR SALE 28,500 S.E Manufacturing Facility 2305 NW Loop 286 · Paris, Texas 14' Clear Height , Rail Served 25 Acres Triple Freeport Exemption Enterprise Zone Paris Economic Development Corporation 1651 Clarksvili¢ St. · Paris, Texas 75460 (903) 784-2501 · FAX (903) 784-2503 749 AVAILABLE INDUSTRIAL SITES IN LAMAR COUNTY PARIS ECONOMIC DEVELOPMENT CORPORATION -1-800-PARISTX WWW.PARISTEXAS.COM 750 FOR SALE Site #1 Northwest Industrial Park Size: 140 acres Northwest Loop 286 Rail Served Triple Freeport Exemption Tax Abatements Available Enterprise Zone Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM 751 SITE #1 PROPERTY SPECIFICATIONS 140 Acres Will Subdivide In City Limits Rail Served (Kiamichi) Highway Access (NW Loop 286) Gas Line Size: 8 inch Water Main Size: 12.inch Sewer Main' Size: 10 inch PARIS ECONOMIC DEVELOPMENT CORPORATION 1-800-PARISTX WWW.PARISTEXAS.COM 752 FOR SALE Site//2 Size: 210 acres West Loop 286 Rail Served Triple Freeport Exemption Tax Abatements Available Enterprise Zone Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM 753 SITE #2 PROPERTY ~ SPECIFICATIONS 210 Acres Will Subdivide In City Limits Rail Served (Kiamichi) Highway Access (West Loop 286) Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM 754 FOR SALE Site #3 Size: 153 acres West Loop 286 Rail Served Triple Freeport Exemption Tax Abatements Available Enterprise Zone Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM SITE #3 PROPERTY SPECIFICATIONS 153 Acres Will Subdivide In City Limits Rail Served (Kiamichi) Highway Access (West Loop 286) Paris Economic Development Corporation 1-800-PARISTX WW3V.PARISTEXAS.COM FOR SALE Site #4 Size: 73 acres U.S. 271 North Rail Served Triple Freeport Exemption Tax Abatements Available Easy Highway Access Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM SITE #4 PROPERTY SPECIFICATIONS 73 Acres Will Subdivide In City Limits Rail Served (Kiamichi) Highway Access (U.S. 271 North) Water Main Size: 8 inch Sewer Main Size: 8 inch · - Paris Economic Development Corporation ~ 1-800-PARISTX WWW.PARISTEXAS.COM FOR SALE Site #5 Size: 413 acres South Loop 286 Easy Highway Access Triple Freeport Exemption Tax Abatements Available Will Subdivide Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM 759 SITE #5 PROPERTY SPECIFICATIONS 413 Acres Will Subdivide In City Limits Highway Access (South Loop 286) Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM FOR SALE Site #6 Size: 111 acres U.S. Highway 271 South Highway Access U.S. 271 Triple Freeport Exemption Tax Abatements AVailable Will Subdivide Paris Economic Development Corporation 1-800-PARISTX WW.PARISTEXAS.COM 761 SITE #6 PROPERTY SPECIFICATIONS 111 Acres Will Subdivide In City Limits Highway Access (U.S. 271 South) Gas Line.Size: 4 inch Water Main Size: 8 inch Sewer Main Size: 10 inch Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM FOR SALE Site #7 Size: 32 acres South Loop 286 and U.S. Highway 271 South Highway Access U.S. 271 Triple Freeport Exemption Tax Abatements Available Will Subdivide Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM 763 SITE #7 PROPERTY' SPECIFICATIONS 32 Acres Will Subdivide In City Limits Highway Access (U.S. 271South) Gas Line: 4 inch Water Main: 8 inch Sewer Main: 10 inch Paris Economic Development Corporation 1-800-PARISTX WW3V.PARISTEXAS.COM 764 FOR SALE Site #9A Size: 97 acres Southwest Loop 286 Rail Served Triple Freeport Exemption Tax Abatements Available Enterprise Zone Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM SITE #9A PROPERTY SPECIFICATIONS 97 Acres Will Subdivide In City Limits Rail Served (Kiamichi) Highway Access (SW Loop 286) Gas Line Size: 6 inch Water Main Size: 12 inch Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM 766 FOR SALE Site #9B Size: 159 acres Southwest Loop 286 Rail Served Triple Freeport Exemption Tax Abatements Available Enterprise Zone Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM 767 SITE #9B PROPERTY SPECIFICATIONS 159 Acres Rail Served (Kiamichi) Highway Access (SW Loop 286) Gas Line Size: 6 inch Water Main Size: 12 inch Zoned: Industrial Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS'COM 768 FOR SALE Site #10 Size: 17 acres North Loop 286 Rail Served Triple Freeport Exemption Tax Abatements Available Enterprise Zone Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM 769 SITE #10 PROPERTY SPECIFICATIONS 17Acres In City Limits Rail Served (Kiamichi) Highway Access (North Loop 286) Water Main Size: 8 inch Sewer Main Size: 27 inch Paris Economic Development Corporation 1-800-PARISTX WWV~'PARISTEXAS.COM 770 FOR SALE Site #11 Size: 59 acres North Loop 286 Rail Served Triple Freeport Exemption Tax Abatements Available Enterprise Zone Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM 771 SITE #11 PROPERTY SPECIFICATIONS 9 Acres Will Subdivide In City Limits Rail Served (Kiamichi) Highway Access (North Loop 286) Gas Line Size: 8 inch Water Main Size: 20 and 30 inch Sewer Main Size: 27 inch Paris Economic Development Corporation 1-800-PARISTX WW3V.PARISTEXAS.COM FOR SALE Site #12 Size: 12 acres, West Loop 286 Rail Served Triple Freeport Exemption Tax Abatements Available Enterprise Zone Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM SITE #12 PROPERTY SPECIFICATIONS 12 Acres Inside City Limits Will Subdivide Rail Served (Kiamichi) Highway Access (West Loop 286) Gas Line Size.: 6 inch Water Main Size: 8 inch Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM ~774 FOR SALE Site #13 Size: 30 acres U.S. Highway 271 North Highway Access U.S. 271 Triple Freeport Exemption Tax Abatements Available Highway Frontage Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM FOR SALE' Site #14 Size: 11 acres Southwest Loop 286 Rail Served Triple Freeport Exemption Tax Abatements Available Enterprise Zone Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM SITE #14 PROPERTY SPECIFICATIONS 11 Acres Will Subdivide In City Limits Rail Served (Kiamichi) Highway Access (SW Loop 286) Gas Line Size: 4 inch Water Main Size: 12 inch Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTX.COM FOR SALE Site #15 Size: 91 acres Southwest Loop 286 Rail Served Triple Freeport Exemption Tax Abatements Available Enterprise Zone · Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM SITE #15 PROPERTY SPECIFICATIONS 91 Acres Will Subdivide Inside City Limits Rail Served (Kiamichi) Highway Access (SW Loop 286) Gas Line Size: 6 inch 'Water Main Size: 10 inch Sewer Main Size: 10 and 15 inch Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM 780. FOR SALE Site #16 Size: 29 acres Southwest Loop 286 Rail Served Triple Freeport Exemption Tax Abatements Available Enterprise Zone PariS Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM 781 SITE #16 PROPERTY SPECIFICATIONS 29'Acres Will Subdivide Inside City Limits Rail Served (Kiamichi) Highway Access (SW Loop.286) Gas Line Size: 6 inch Water Main Line: 12 inch Sewer Main Line: 16 inch Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTEXAS.COM 782 ECONOMIC DEVELOPMENT SERVICES 9901 E. Valley Ranch Parkway · Suite 2000 · Irving, Texas 7S063 USA · Telephone (972) 830-9005 · FAX (9721 830-9097 To the Reader: ECONOMIC DEVELOPblENT SERVICES COI~IPANY is pleased to present the results of this Workforce Availability Survey and Analysis. This report contains the results from the area we define as the Northeast Texas Region, including the following Texas County's: . Hopkins · Hunt . Lamar · Delta · Including a sampling from the City of Hugo, Oklahoma The findings in the study were obtained from a statistical survey sampling of n=1,175 people, who are between 16 and 75 years of age, and looking/willing/able to work. All responses to this survey were gathered between January 31 and February 15 of 2002. The Workforce Availability Survey and Analysis required the efforts of a team of specialists ranging from economic developers to statisticians (see Credentials Tab). These experts constructed the surVey in conjunction with the Paris Economic Development Corporation. Telephone interviews were conducted by DSS Research in Arlington, Texas (see Credentials Tab). DSS Research selected simple random samples from computer generated lists for the area, to ensure that the samples were representative of` the population and workforce in the Region. Individuals which were interviewed had to meet the following criteria: · Residents of the area · At least 16 years old -- 75 years old · Employed or willing/able to work Total sample (n=1,175). Sampling error is _+ 2.8% at 95% Confidence under the most pessimistic assumptions regarding variance (u=0.5). ECONOMIC DEVELOPMENT SERVlCE COMPANY is a Texas-based professional economic development and international marketing organization serving the public and private sectors in the disciplines of research, strategic planning and program implementation; providing master planning, strategic planning, political strategies and opinion research, work force survey and analysis, wage and benefit survey and analysis, site analysis and negotiation for new manufacturing plant locations, acquisitions, joint venture/licensing partnerships and trade development strategies. We invite you to visit our web site at: wwss:edstexas.com 783 Executive Summary Introduction This report first presents population growth in the Northeast Texas Region. The Chart below shows changes in population back to 1970 for three counties: Hopkins; Hunt, and Lamar. As shown in the Chart, growth has been remarkable in Hunt County since 1990. Additionally, Hopkins and Lamar experienced some growth during the same period. Growth rates from 1980 to 2000 for the three counties totaled: Hopkins 10.8%, Hunt 19%, and Lamar 10.4%. Population Growth in the Northeast Texas Region CHART Executive Summary The analysis of the Lamar County labor force leads to several conclusions: the area has an older, highly skilled, and well-educated labor pool; the majority of unemployed will work for under $15 per hour; and has a good supply of available part-time and shift labor. The rationale for this conclusion is discussed throughout the study. The data collected in the surveys displays many characteristics of the work force (defined as anyone willing and able to work; and between the ages of 16 and 75). The following percentages used in the summary reflect the percent of respondents for Lamar County (n=350) and the Northeast Texas Region (n=1,175). The study defines the Northeast Texas Region as the entire call area: Delta, Hunt, Hopkins, and Lamar Counties. 784 Page 2 Executive Summary Lamar County Workforce Profile · Total available Workforce Lamar County (8.0%) · Unemployment (1.7%)2 · Unemployed as a result of personal choice (6.3%)3 · Total available Workforce Northeast Texas Region (7.4%) · Unemployment (2.2%). · Unemployed as a result of personal choice (5.2%) · Part-time labor availability · Lamar County (40.8%) · Northeast Texas Region (39.6%) · Underemployment · Education attained (13.87 years) · Education required (13.00 years) Demographic profile of the typilcal Lamar County emplovee · Average age (50.5 years) · Caucasian (87%), Black (8%), Hispanic (1%), and Native American (3%) · Lamar County Average Annual Household Income ($52,190) · Northeast Texas Region Average Annual Household Income ($51,740) Workforce Capabilities Education · · High School or some College (55%) · Associate degree (12%) --~ · Bachelor degree and/or higher (26%) · Average years of school completed · Lamar County (13.9 years) · Northeast Texas Region (14.1 years) . · Texas (12.2 years) · United States (12.4 years) Skills · Basic Computer (47%) · Clerical (29%) · Executive/Professional (28%) · Machine Operation with Computer (19%) · Mechanical (18%) · Medical/Healthcare (16%) Foreign Language · Total of those surveyed · Lamar County (8%) . · Northeast Texas Region (11%).. Job Tenure · Average time with present company · Lamar County (8.3 years) · Northeast Texas Region (8.1 years) · West South Central United States (6.0 years) 2 This number includes laborers that are unemployed due to lack of opportunity. 3 In general, this percentage represents the number of respondents that are currently not working as a result of personal choice, but are willing/able/available for work under opportune circumstances. 2002 LAMAR COUNTY WORKFORCE SURVEY AND ANALYSIS 785 Page 3 Executive Summary As shown in the Chart below, employment in the County centers around four primary industries: manufacturing, professional services, education, and medical.4 Lamar County Workforce Industry Employment (252 Responses) CHART Occupation, another valuable set of data, is shown below. Professional, manufacturing, teaching, and other occupations account for the largest numberof respondents. Occupational categories are detailed in the survey analysis to allow a more complete picture of the labor force. Lamer County Workforce Occupational Distrlbutlon (246 Responses) CHART 4 Other Industries include: home-based businesses, transportation, communications, other public utilities, and other non-classifiable industry segments. Other Services are business and repair, personal, and entertainment/recreational services. 2002 LAMAR COUNTY WORKFORCE SURVEY AND ANALYSIS 786 Page 4 Executive Summary Finally, the study found that Lamer County respondents are employed in a variety of counties. Most employed people that live in Lamar. County also work in Lamar County; however, some work outside of the City of Paris (10%). Red River County is the largest outside employment hub for residents of the County drawing almost 3% of Lamar employees. Other employment locations for Lamar County residents include: Dallas County (1.2%), Hunt County (1.2%), and varies/travel (1.6%). 2002 LAMAR COUNTY WORKFORCE SURVEY AND ANALYSIS 787 Mr. Vest called the Board's attention to the revenue statement. He anticipated carrying over $778,000.00 from this fiscal year, which is about $400,000.00 less than was carried over last year. He said the anticipated revenue is $896,000.00, with interest earned of $35,000.00. With the Paris Packaging payment of $384,000.00, the total revenues would be approximately 1.3 million dollars with about two million dollars in total resources. Mr. Vest said there were several things that the PEDC is committed to do such as supporting the Texas Air Quality Coalition at a cost of $5,000.00, the bond payment on the debt which would be $388,936.00, and an additional payment to Turner International in the amount of $500,000.00. He pointed out that there is $250,000.00 that is going to be used for the Hearne Street extension and $53,906.00 to repay the Chapman Revolving Loan Fund. Mr. Vest said that next year will be the last year to pay this loan. The PEDC will pay $50,000.00 on the TCIM contract, leaving one payment of $25,000.00. Mr. Vest pointed out that in the operating budget listed under Chamber of Commerce there is $269,000.00 available for projects next year based on this $573,000.00. Mr. Vest went over the general expenditures with the Board. After discussion, a motion was made by Director Guest, seconded by Director Wall, for approval of the resolution. The motion carried unanimously. President Rhodes called for discussion of and possible action on changing the date for the July, 2002, Board of Directors Meeting from July 24, 2002, to July 31, 2002. A motion was made by Director Wall, seconded by Director Fendley, 788 authorizing changing the date for the July, 2002, Paris Economic Development Corporation's meeting from July 24, 2002, to July 31, 2002. The motion carried unanimously. Mr. Vest presented President Rhodes with a plaque for his outstanding service on the Paris Economic Development Corporation's Board. There being no further business, President Rhodes adjourned the meeting. MICHAEL RHODES, PRESIDENT ATTEST: MATTIE CUNNINGHAM, CITY CLERK