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04-B PEDC Min 10-9-07 Paris Economic Development Corporation Board Meeting Minutes October 9, 2007 Board Members Present: John Wright Dick Severson Chad Brown Glen Bawcum Dan Smith Staff Present: Pete Kampfer Rachel Schory Ex Officio Members Present: Kent McIlyar Jesse Freelen Guest Present: Laurin Prather Dan Smith called the meeting to order at 4: 10 p.m. Minutes from the September 20,2007 meeting were approved unanimously on a motion made by John Wright seconded by Chad Brown. Financial reports from the month of September have not been prepared by the City yet; they will be distributed and acted on at the next Board meeting. Pete Kampfer reported that he is currently implementing the recruiting phase of the strategic plan by attending trade shows and recruitment visits in the next month. Mr. Kampfer advised that he presented a quarterly report Monday night to the City Council. Jesse Freelen, mayor, verified that there were no questions that arose as the result of the report. Mr. Kampfer also advised there was a retail development presentation held at the Chamber on Monday afternoon. The presentation was not for the purpose of discussing 4A or 4B sales tax issues. It was simply for a retail development consultant from Buxton to present his services and how they could work for Paris. Laurin Prather presented the findings of his completed target market assessment for Paris. A copy of the report was presented to all board members. Points of concern that Mr. Prather pointed out as needing attention were as follows: Trained workforce-community education and labor force availability information needs to be updated for the area. These figures will include true unemployment rate. Primal)' targets-Mr. Prather introduced food manufacturing and plastics and rubber manufacturing as primal)' targets of interest. These were recommended because of the availability of water in Paris and the fact that Paris is an air attainment area at least until 20 10. Marketing plan-ideas mentioned included Industrial Park fountain, constructing a spec building, and maintaining regional/state group affiliations for marketing purposes. Following Mr. Prather's presentation, the board discussed options for improving the city aesthetically, such as tearing down the old building adjacent to the industrial park, as well as ways that the board can become more involved in EDC operations (e.g. retention visits). It was decided that a workshop for brainstorming and prioritizing would be held the first part of November. With no further business to come before the board, the meeting was adjourned by Dan Smith at 5:55 p.m. on a motion by Glen Bawcum seconded by John Wright. Respectfully submitted, Rachel Schol)' Administrative Assistant < T T"'<<<1r .-