04-B PEDC Min 11-21-05
Board Minutes for the
Paris Economic Development Corporation
November 21,2005
4:00 P.M.
Board Members
Present: Dick Severson
Sims Norment
Rodney Bass
Glenn Bawcum
Ex-officio Members
Present: Tony Williams
Brady Fisher
Board Members
Absent: Mike Dunn
Staff Present:
Gary Vest
Chad Madding
Sims Norment called the meeting to order at 4:00 p.m.
Minutes of the September, 2005 meeting were approved as presented
on a motion by Dick Severson, second by Rodney Bass.
The financial report was presented for the month ending September
30,2005. Gary spoke about the finances and how the travel budget
needs to be broken out due to the fact the credit cards are included in
the travel budget. The board agreed to the having the travel budget
broken out. The board felt Jeff Smallwood's price for taking care of
the industrial park grounds was too high and we should re-bid the
job to get a lower price. The financial report was approved on a
motion by Rodney Bass, second by Glenn Bawcum.
Gary Vest gave the Director's report. He talked about Project Sunray
and submitting the proposal to the state. Project Mexico is still
working on deciding on a site and Paris is still in the running. Cox
Roofing is looking for a site in the Paris area and we met with Walter
Cox Sr. and Jr. about incentives and a site in our industrial park. This
lead came from L. D. Williamson at ArkTex Council of Governments.
The Cox family owns a bank in Naples, Texas. Walter Cox Sr. owned
a shingle manufacturing plant and sold it in 1997. He is out of his
non-compete clause and wants to open another plant due
'~
'T -
'-'T '