04-B PEDC Mtg Min 10-22-07
Paris Economic Development Corporation
Board Meeting Minutes
October 22, 2007
Board Members
Present: John Wright
Chad Brown
Glen Bawcum
Staff Present: Pete Kampfer
Rachel Schory
Ex Officio Members
Present: Kevin Carruth
Glen Bawcum called the meeting to order at 4:03 p.m.
Minutes from the October 9,2007 meeting were approved unanimously on a motion
made by Chad Brown seconded by John Wright.
Financial report from the month of September was reviewed. It was noted that the C
Tech payment received during September is not reflected on the financial report for the month.
Chad Brown made a motion to accept the September financial report with an amendment
reflecting the C Tech payment that was received during the month. John Wright seconded the
motion and the report was approved unanimously.
The Board convened into executive session at 4:07 p.m. pursuant to pursuant to
Section 551.087 of the Texas Government Code to discuss and deliberate an offer of a financial
or other incentive to a business prospect to locate, stay, or expand in Paris and consider any
commercial and financial information related to the business prospect. The Executive Session
was closed at 4:48 p.m. No action was taken by the Board as the result of this Session.
Pete Kampfer reminded the board that an offsite workshop would be scheduled for the
first week of November. There will be an agenda posted for this session.
With no further business to come before the board, the meeting was adjourned by Glen
Bawcum at 4:55 p.m. on a motion by Chad Brown seconded by John Wright.
Respectfully submitted,
Rachel Schory
Administrative Assistant