02/03/2021 AgendaPARIS ECONOMIC DEVELOPMENT CORPORATION
BOARD PLANNING SESSION
Love Civic Center
2025 S. Collegiate Drive
Paris, Texas 75460
Wednesday, February 3„ 2021,
11:30 O'CLOCK A.M.
AGENDA
1. Call Meeting to Order—Josh Bray, Chairman
2. Welcome and Opening Remarks
3. Citizens' Input
1) (Persons desiring to address the Paris EDC Board must limit their presentation to no more than
two minutes. Unless an item is posted on the Agenda, the Texas Open Meetings Act prohibits the
Board from responding to any comments other than to refer the matter to a future agenda, to an
existing policy, or to a staff person with specific factual information. Claims against the Paris EDC,
Board Members or employees are not appropriate for citizens' input.)
2) If necessary, the Paris Economic Development Corporation may convene into Executive Session
under Chapter 551 of the Texas Government Code regarding any item on this agenda.
4. Discussion and Potential Action on Operating Rights Agreement between PEDC and Kiamichi Railroad Co.
5. Roundtable Discussion with PEDC Board Regarding Perspectives on Economic Development
6. Discussion of Meeting Protocol
7. Discussion and Possible Action on Financial Position and Forecasting
a) Financial Position: Revenue, Liabilities, and Incentive Commitments
b) Forecasting: Cash Position and Long-term Incentive Fund Allocations
8. Overview, Discussion and Possible Action on PEDC Land Inventory
9. Discussion and Possible Action on Incentives and Establishing Guidelines
a) Overview of Local Incentives
• Skills Development Fund
• Property Tax Abatement
• Land, Cash and Other Incentives
b) Discussion on Incentive Guidelines Including Eligibility, Clawbacks and Other Related Matters
10. Discussion and Possible Action on Board Member Interest and Committee Appointments
11. Adjourn
POSTED: Friday, January 29, 2021, at City Hall Annex Bulletin Board
BY: ..
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Conflict of Interest:
The Paris EDC Voting and Ex -Officio members should read all items of the above Agenda to confirm that he/she
doesn't have a conflict of interest with any of the items for discussion and/or action.