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05-13-2024 Joint Special Meeting with PEDCMINUTES OF THE JOINT CITY COUNCIL AND PARIS ECONOMIC DEVELOPMENT CORPORATION SPECIAL MEETING OF THE CITY OF PARIS, TEXAS May 13, 2024 The City Council and Paris Economic Development Corporation of the City of Paris met for a special session at 4:30 p.m. on Monday, May 13, 2024, at the Depot Community Room, 1125 Bonham, Paris, Texas. Present: Mayor: Reginald B. Hughes Mayor Pro -Tem: Mihir Pankaj Council Members: Shatara Moore, Gary Savage, Clayton Pilgrim and Rudy Kessel City Staff: Grayson Path, City Manager and Janice Ellis, City Clerk Absent: Council Member: Rebecca Norment PEDC Board: Josh Bray, Chase Coleman, Erik Roddy, Stephen Terrell, A.J. Hashmi, and Mark Homer Absent: PEDC Board: Curtis Fendley PEDC Staff: Maureen Hammond, Executive Director PEDC Attorney Casey Gain County Judge Judge Bell 1. Call meeting to order. Mayor Hughes and Board Chairman Bray called the meeting to order at 4:30 p.m. 2. Citizens' Forum. No one spoke during citizens' forum. 3. Convene into executive session pursuant to Section 551.087 of the Texas Government Code, (1) to discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations; or (2) to deliberate the offer of a financial or other incentive to a business prospect described by Subdivision (1), as follows: Project Blue Fire. Special Joint Meeting May 13, 2024 Page 2 Chairman Bray convened the PEDC Board into executive session at 4:33 p.m. and Mayor Hughes convened City Council into executive session at 4:33 p.m. 4. Reconvene into open session and possibly take action on those matters discussed in executive session. Chairman Bray reconvened the PEDC Board into open session at 5:05 p.m. A Motion to approve the incentive package discussed in executive session and authorize Ms. Hammond to make an offer to Project Blue Fire was made by Board Member Homer and seconded by Board Member Terrell. Motion carried, 6 ayes — 0 nays. Mayor Hughes reconvened City Council into open session at 5:05 p.m. A Motion to approve the incentive package discussed in executive session and authorize Ms. Hammond to make an offer to Project Blue Fire was made by Mayor Pro -Tem Pankaj and seconded by Council Member Kessel. Motion carried, 6 ayes — 0 nays. 5. Adjournment. There being no further business, Mayor Hughes adjourned the City Council at 5:05 p.m. and Chairman Bray adjou`pgd *,f EDC Board at 5:05 p.m. C.0 _= MIHIR1 J PANICE ELLIS, C' L. ' 'moi A ' ��........•••''. ��` I'11111 WOO