1999-09-13-PEDC 479
MINUTES OF THE PARIS ECONOMIC DEVELOPMENT CORPORATION
-- September 13, 1999
The Paris Economic Development Corporation met in a special meeting on
Wednesday, September 13, 1999, at 9:00 A.M., in the City Council Chambers, City
Hall, Paris, Texas. President Mike Rhodes called the meeting to order with the
following boardmembers present: Jay Guest and Dick Amis. Also, present were
ex.officio boardmembers Chamber President George Struve, City Manager
Michael E. Malone, and Executive Director Gary Vest.
President Rhodes stated that the next item on the agenda was approval of the
minutes from the previous meeting of the Paris Economic Development
Corporation. He asked if there were any corrections or additions to the minutes
of the previous meeting, and there were none. Boardmember Dick Amis made a
motion, seconded by Boardmember Jay Guest, that the minutes be approved as
presented. The motion carried unanimously.
President Rhodes asked Gene Anderson, Director of Finance, to give the financial
report. Mr. Anderson gave the financial report for the months of July and August.
Mr. Anderson stated that he would be glad to answer any questions concerning
this report. Boardmember Jay Guest made a motion, seconded by Boardmember
-- Dick Amis, that the financial report be approved as presented. The motion
carried unanimously.
President Rhodes asked Gary Vest to give the Director's Report. Mr. Vest
discussed the responses received due to the advertising program and the new
advertising program that they will begin in October. Mr. Vest also stated that he
had recently attended the annual meeting of the East Texas Gulf Highways
Association in Pittsburgh and that he will be attending the T.E.D.C. Annual
Meeting in San Antonio this week.
President Rhodes stated that the next item on the agenda was the extension
Hearne Street west from 1st Street S.W. to 4th Street S.W. He asked Mr. Vest to
discuss this item. Mr. Vest stated that this project is a very cooperative program
because P.E.D.C. will be contributing to the extension of this street, the County
will be contributing right-of-way, and the City will be participating in the
construction. Additional right-of-way will be contributed by Donald Wilson.
President Rhodes read the resolution.
Resolution 99-007-approving joint funding with the City of Paris for the
construction of an extension of Hearne Street west from 1st Street S.W. to 4th
-- Street S.W. in accordance with City standards to provide tractor trailer access to
Rodgers-Wade Manufacturing Company and Delta Logistics.
Boardmember Dick Amis made a motion, seconded by Boardmember Jay Guest
that this resolution be adopted, and the Board voted unanimously to adopt the
resolution.
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PARIS ECONOMIC DEVELOPMENT CORPORATION
RESOLUTION NO. 99-007
WHEREAS, the Pace Group did, in its Business Retention Survey and Flexible Incentive
Plan for the City of Paris, dated May 12, 1994, bring to the attention of the Paris Economic
Development Corporation the concern regarding access roads to Delta Logistics and Rodgers-
Wade Manufacturing; and,
WHEREAS, the current route used to access Delta Logistics, Rodgers-Wade
Manufacturing, and warehouses in the vicinity thereof is through residential areas on streets which
do not provide adequate turning space for large trucks; and significant amounts of traffic by large
vehicles through residential areas not only causes deterioration to the streets but detracts from the
comfort of the inhabitants of the neighborhood because of the considerable noise generated by such
vehicles; and,
WHEREAS, it is deemed appropriate that the Paris Economic Development Corporation
extend Hearn Street from 1st Street S.W. to 4th Street S.W. for the project entitled "PEDC Hearn
Street Extension, 1999," up to the amount of $265,000.00, in order to provide an adequate route
for large vehicles traveling to Rodgers-Wade and the warehouses in the vicinity thereof and to
alleviate the noise and road deterioration caused by large vehicles traveling through residential
areas; and,
WHEREAS, it is further deemed appropriate that the Paris Economic Development
Corporation request that the City of Paris provide one-half of the cost of such construction; NOW,
THEREFORE,
BE IT RESOLVED BY THE PARIS ECONOMIC DEVELOPMENT
CORPORATION, that the extension of Hearn Street from 1st Street S.W. to 4th Street S.W. for
the project entitled "PEDC Hearn Street Extension, 1999," up to the amount of $265,000.00, be,
and the same is hereby, approved; and,
BE IT FURTHER RESOLVED, that the project entitled "PEDC Hearn Street Extension,
1999," up to the amount of $265,000.00, is hereby authorized to be funded from the Paris
Economic Development Corporation Undesignated Fund Balance in the amount of one-half of the
project cost and that the City of Paris be requested to provide one-half of the project cost; and,
BE IT FURTHER RESOLVED, that the President, Michael R. Rhodes, be, and he is
hereby, authorized and directed to, in accordance with Section 4.13 of the Bylaws of the Paris
Economic Development Corporation, request that the 'City perform the construction of "PEDC
Hearn Street Extension, 1999," by delivering a copy of this resolution to the City Manager of the
City of Paris, Michael E. Malone.
481
PASSED AND ADOPTED this 13th day of September, 1999.
-- Michael Rhodes, President
ATTEST:
Melba Harris, Secretary-Treasurer
APPROVED AS TO FORM:
Stephanie H. Harris, Asst. City Attorney
482
President Rhodes stated the next item on the agenda concerned an incentive
agreement with Lansing Grain Company, and he asked Mr. Vest to discuss this
item. Mr. Vest said that representatives of Lansing Grain Company contacted
him several months ago regarding building a facility where trucked grain could
be placed on railcars for shipment out of Paris. Mr. Vest said that Lansing Grain
Company has created four jobs at this location and spent $65,000.00 in..
construction of the facility. Mr. Vest said that Lansing Grain Company asked if
P.E.D.C. would make a contribution based on the flexible incentive plan, and he
advised them that upon completion of the facility and it was operational that he
would make this request to the Board. He stated that this resolution is
requesting that the board make a contribution of $6,000.00 to this facility.
Resolution 99-008-approving the execution of an incentive agreement with
Lansing Grain Company for the provision of a trans-load facility to provide for the
direct transfer of truck grain to rail hopper cars on the Kiamichi Railroad.
President Rhodes read the resolution.
Boardmember Dick Amis made a motion, seconded by Boardmember Jay Guest
that this resolution be adopted, and the Board voted unanimously to adopt the
resolution.
483
PARIS ECONOMIC DEVELOPMENT CORPORATION
RESOLUTION NO. 99-008
WHEREAS, the Paris Economic Development Corporation is a non-profit corporation
governed by the Development Corporation Act of 1979 (the Act) and was established for the
purposes of promoting, assisting, and enhancing economic development; and,
WHEREAS, the means and measures authorized by the Act: and the assistance provided
therein with respect to financing are found to be in the public interest and serve a public purpose
of the state in promoting the welfare of the citizens of the state economically by the securing and
retaining of business enterprises and the resulting maintenance of a higher level of employment,
economic activity, and stability; and,
WHEREAS, in keeping with the purposes for which the legislature enacted the
Development Corporation Act of 1979 and the purposes for which the voters of the City of Paris
established the Paris Economic Development Corporation, it is deemed appropriate that an
incentive agreement be entered into with Lansing Grain Company; and,
WHEREAS, the form of the Incentive Agreement, attached hereto as Exhibit A, should,
in all things, be approved, and the President, Michael R. Rhodes, should be authorized to execute
the same; NOW, THEREFORE,
__ BE IT RESOLVED BY THE PARIS ECONOMIC DEVELOPMENT
CORPORATION, that the form of the Incentive Agreement with Lansing Grain Company,
attached hereto as Exhibit A, be, and the same is hereby, approved; and,
BE IT FURTHER RESOLVED, that the President, Michael R. Rhodes, be, and he is
hereby, authorized and directed to execute, on behalf of the Paris Economic Development
Corporation, the Incentive Agreement, under the terms and conditions and in the form shown in
Exhibit A, attached hereto.
PASSED AND ADOPTED this 13th day of September, 1999.
Michael R. Rhodes, President
ATTEST:
Melba Harris, Secretary-Treasurer
484
APPROVED AS TO FORM:
Stephanie Harris, Asst. City Attorney
485
INCENTIVE AGREEMENT
STATE OF TEXAS )
) KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF LAMAR )
THAT, the PARIS ECONOMIC DEVELOPMENT CORPORATION, acting by and
through its President, Michael R. Rhodes, duly authorized, hereinafter called PEDC, and
LANSING GRAIN COMPANY, acting by and through its Feedgrains Manager, Scott Mills, duly
authorized, hereinafter called LANSING, do hereby contract and agree as follows:
1. LANSING agrees to construct and operate a trans-load facility to provide for the
direct transfer of truck grain to rail hopper cars, to create two (2) to four (4)
permanent jobs, and to maintain such permanent jobs for a period of not less than
four (4) years.
2. PEDC agrees to provide a cash incentive of $6,000.00 upon the completion of such
facility and the hiring of such permanent employees.
3. In the event that LANSING fails to complete construction of the facility within
thirty (30) days of the date of this agreement and fails to create and maintain the
-- jobs provided for herein, LANSING agrees to return all funds to the PEDC within
thirty (30) days of receipt of demand for repayment from the PEDC.
EXECUTED on this 13th day of September, 1999.
PARIS ECONOMIC DEVELOPMENT
CORPORATION
By: Michael R. Rhodes, President
LANSING GRAIN COMPANY
Scott Mills, Feedgrains Manager
STATE OF TEXAS )
)
COUNTY OF LAMAR )
BEFORE ME, the undersigned authority, on this day personally appeared MICHAEL R.
-- RHODES, President of the Paris Economic Development Corporation, Paris, Texas, known to
me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to
486
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 13th day of September,
1999.
Notary Public, State of Texas
STATE OF TEXAS )
)
COUNTY OF LAMAR )
BEFORE ME, the undersigned authority, on this day personally appeared SCOTT
MILLS, Feedgrains Manager of Lansing Grain Company, 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 September,
1999.
Notary Public, State of Texas
487
President Rhodes asked if there was any other business and there being none he
declared the board meeting adjourned.
President Michael Rhodes
ATTEST:
Assistant City Clerk, Barbara Denny