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2002-003-PEDCR PARIS ECONOMIC DEVELOPMENT CORPORATION RESOLUTION NO. 2002-003 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE PARIS ECONOMIC DEVELOPMENT CORPORATION, APPROVING THE ANNUAL BUDGET; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Paris Economic Development Corporation, in keeping with Section 8.03 of its bylaws, is obligated to have a proposed budget prepared, approved and delivered to the City Manager of the City of Paris on or before June 30 of each year for inclusion in his annual budget to be presented to the City Council in accordance with the Charter of the City of Paris; and, WHEREAS, the budget attached hereto as Exhibit A is hereby presented by the Secretary- Treasurer, and it is appropriate that such budget be approved; NOW THEREFORE; BE IT RESOLVED BY CORPORATION: THE PARIS ECONOMIC DEVELOPMENT Section 1. That the findings set out in the preamble to this resolution are hereby in all things approved. Section 2. That the budget attached hereto as Exhibit A be, and the same is hereby, approved. Section 3. That the Secretary-Treasurer be, and she is hereby, directed to deliver the budget attached hereto as Exhibit A to the City Manager of the City of Paris for inclusion in his annual budget to be presented to the City Council in accordance with the Charter of the City of Paris. Section 4. That this resolution shall be effective from and after its date of passage. PASSED AND ADOPTED this 19th day of June, 2002. ATTEST: ~. ) - ----------- ---------- PARIS ECONOMIC DEVELOPMENT CORPORATION Revenue Statement 2002-2003 Anticipated Cash Position 9/30/02 (These funds will be carried over to 2002/03 budget) Revenue 2002 - 2003: Estimated Sales Tax Estimated Interest Paris Packaging Payments Total Current Re,;enue Total Resources Committed Funds: Texas Air Quality Coalition Bond Debt Payments Turner International Piping Systems ($2,500,000 over 5 years last payment in 2003) Hearne Street Extension Chapman Loan Payments(final year) TCIM ($500,000 over 5 years) Audit Chamber of Commerce Total Commitment of Existing Funds Available Funds For Projects 2002-2003 Long Term Obligations (as of9-30-02): Bonds Payable (over 16 years) Chapman Loan (2003 final year) TIPS (2003 final year) TCIM (over 2 years) Total Long Term Obligations EXHIBIT A.. $778,163 $896,877 35,000 384,000 $1.315,877 $2,094,040 5,000 388,936 500,000 250,000 53,906 50,000 3,550 269,079 $1,520,471 .." $573,569 0,- $3,730,000 53,906 500,000 75,000 $4,358,906 PARIS ECONOMIC DEVELOPMENT CORPORATION 2002 - 2003 BUDGET ACCT. ACTUAL ACTUAL PROJECTED BUDGET # DESCRIPTION 99-00 00-01 2001-02 2002-03 0001 New Industry Projects 286,784 Turner International Piping 500,000 500,000 500,000 500,000 i . BITCO 0 128 0 0 I Lansing Grain 6,000 0 0 0 Texas Air Quality Coalition 5,000 0 5,000 5,000 I TCIM 0 125,000 100,000 50,000 Existing Industry Projects 0 0 0 286,784 0002 Paris Packaging 207,231 393,731 394,011 388,936 Hearn St. Extension 0 0 0 250,000 Park S1. Extension 57,600 0 0 0 Chapman Note 53,906 53,906 53,906 53,906 Earthgrains 0 54,000 0 0 SUBTOTAL 829,737 1,126,765 1,052,917 1,821,410, ~t¡¡¡¡¡¡¡II¡¡II¡H¡¡ ¡it ¡i ¡I III¡¡I:¡¡¡i:¡¡rI:¡~¡¡t¡¡¡¡¡¡¡:¡¡¡:¡¡¡¡I¡f ¡¡¡¡¡:¡¡:¡¡¡¡¡¡¡:¡¡ri¡r¡¡:¡:¡¡¡:t¡ :¡¡:::::¡ii:¡¡t¡r:¡ :i¡i:i¡:: i: ::¡~::i¡:::¡¡¡¡¡i:: I::¡t:i¡I¡¡III¡::¡¡¡¡¡¡¡i¡¡¡¡t¡¡¡¡¡¡¡¡¡r¡¡¡¡¡~i¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡JI¡¡¡¡ :¡¡¡¡:::::¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡:¡¡:¡¡:¡ i¡i:¡¡¡¡:¡I¡¡¡:¡¡¡ ¡::¡¡¡¡¡¡¡¡¡¡¡¡@¡¡¡¡:¡:¡¡:t¡¡I t¡:¡¡¡¡¡:¡::¡¡¡¡¡¡¡¡¡¡¡futiIIi¡r¡@[¡rI¡ 1001 Office Equipment 0201 Office Supplies 0202 Postage 0 5,338 4,085 149 6,227 1,913 3,000 7,931 12,050 10,000 8,000 15,000 ---- -------------------- - - - - - --------- --------- ---------- SUBTOTAL 9,423 $8,289 $22,981 $33,000 ¡¡:¡r~ I¡:¡:¡: r¡t:¡:¡:J¡ ¡: :I: :::¡¡¡¡::¡::¡¡:¡:¡:::::::: ¡: ::¡:: :::::::¡j¡:j:¡¡f¡¡¡:¡~Iì¡tI:¡I:::¡:¡ :¡:¡:¡:j::j j::j¡ :¡:¡: ¡ ::: ¡iI¡:@[j:¡¡:¡:J¡II:¡:[¡[:::¡:¡::: ¡ ~j:: :¡:::¡r:::¡ :i¡¡iJ¡:::[:¡::~¡:¡:¡:::n¡:~I¡:¡::¡¡¡: ::::¡:¡::¡¡t¡:¡:¡¡¡j ¡ ~ =:tJ¡¡¡¡j;i::::I ¡it IIWI:¡:¡ ¡¡¡¡: :¡:: I:rr¡¡ttII:m¡¡:¡:¡:¡¡:Jnr:r¡¡}¡¡:¡:l:¡¡:::r¡:HlIJt:¡:¡:¡t:J¡:fI¡¡ 0301 Communications 1,835 1,316 1,500 2,000 0305 Special Services Fees/Consultants 980 100 13,403 5,000 I 0306 Travel 15,881 9,562 15,000 15,000 0307 Subscriptions 85 0 314 500 0310 Miscellaneous 4,591 1,064 1,000 2,000 0311 Associations 2,238 10,063 8,000 8,000 0315 Promotional! Advertising .." 77,392 61,592 '80,000 89,000 0349 City Services 0 0 0 0 0350 Compensation - Director 33,872 35,271 36,890! 57,447 0351 Compensation - Asst. Director 40,880 53,830 50,532 45'1321 Audit 3,550 2,225 3,550 3,550 SUB TOTAL 181,304 $175,023 $210,189 $227 ,62'~ t:t¡:!:!!! itllr:!ri¡ i!:::¡:¡:::¡:¡i¡:!:!: !!::! rr ¡: r:!:!:!:!i!i¡:¡tl:t¡:¡!!: :i: ¡ :!:i:ftt!:t¡i!i!t ttti tWiii:¡:i¡!¡¡i¡ti ¡¡: ::ii: ii: :!!fftt¡tttif!i¡r¡¡:!i¡1!:!im¡¡:¡:¡:¡:¡¡t::i¡:i:¡: !i¡~! i!iff::!i:¡:¡:¡: W¡tti::¡i:: t: :¡i¡¡it¡t t:¡U !:¡:¡ :¡i¡i¡1¡1tff¡~t¡:¡!!:f¡:¡:¡::m:¡:¡i¡:::¡: fr¡ ::¡¡:¡:¡:¡:f¡:::rr:@¡t:¡t::¡:~:i¡:::¡i:¡¡ 061 0 Reference Materials 0 0 0 2,000 0610- 11 Contingency 224 1 ,322 1 ,000 1 0,000 ---- -------------------- - - - - -- --------- --------- --------- SUB TOTAL 224 $1 ,322 $1 ,000 $1 2,000 TOTAL EXPENDITURES 1 ,020,688 $1 ,31 1 ,399 $1 ,287,087 $2,094,039 - ACCOUNT 1 0001 0002 0201 0202 0301 0305 0306 0307 0310 0311 0315 0349 0350 0351 0610 1001 PEDC - ACCOUNT DESCRIPTIONS DESCRIPTION Ne~.¡ Industry Projects - funds committed to accommodate neH industrial locations to Paris Existing Industry Projects - funds committed to the retention and/or expansion of industrial facilities in Paris Office Supplies Postage Communications - Long distance telephone Special Service Fees - Consultants, Legal, etc. Travel expenses for Director, training, seminars, travel claims, plane tickets, special meeting lunches, etc. Subscriptions - newspapers Niscellaneous Contractual Associations - Texas Narketing Team, American Economic Development Council, Texas Research League, World Economic Development Alliance, Texas Economic Development Council Promotional - Advertising { Services provided by the City of Paris Compensation - Director 0,- Compensation - Assistant Director Contingency - Industrial Appreciation Awards and reference materials Office furniture & tixtures PEDC Sales Tax Revenue 95-96 96-97 97-98 98-99 99-00 00-01 01-02 October 53,726.02 59,244.84 63,583.43 58,570.48 57,956.09 66,497.71 45,155.74 November 79,569.37 77,412.27 83,381.20 85,921.83 88,720.24 99,768.29 93,197.03 December 54,066.72 59,246.13 59,805.55 55,807.36 81,282.23 60,942.36 71,448.97 January 54,022.05 50,817.13 54,321.15 71,219.01 63,696.47 64,076.18 60,777.95 February 92,169.45 97,196.07 107,747.64 114,895.72 108,920.58 103,782.78 123,239.11 March 53,800.70 55,002.26 48,096,80 69,519.52 68,882.75 57,137.58 56,620.80 April 50,769.21 50,091.71 51,420.20 62,863.87 62,538.06 64,253.56 61,840.09 May 80,037.49 82,059.57 78,511.00 77,153.29 131,801.54 94,763.07 88,392.63 June 59,784.04 59,567.29 70,011.97 68,425.87 66,546.12 64,898.16 July 52,223.32 54,530.95 56,428.61 61,688.08 71,726.44 68,482.69 August 81,267.98 84,145.53 91,223.12 98,697.42 109,715.82 92,248.31 September 70,390.05 75,433.13 70,447.58 67,370.03 87,471.39 70,576.38 PEDC 781,826.41 804,746.89 834,978.23 892,132.49 999,257.75 907,427.07 600,672.32 Average per month 65,152.20 67,062.24 69,581.52 74,344.37 83,271.48 75,618.92 75,084.04 Average Revenue Per Month 100,000.00 80,000.00 60,000.00 40,000.00 20,000.00 . 95-96 0 96-97 0 97-98 . 98-99 m 99-00 II 00-01 . 01-02 { Fiscal Year IFT-Intemational Food Technology, June 25-27, New Orleans. NAFEM-North American Food & Equipment Manufacturers, September 7-10, Orlando. Texas Economic Development Conference-September 19-21, Dallas. Basic Economic Development Course-Texas A&M, San Antonio November 4-9. Bio-Technology Briefing, November 1, Tyler. Active Association Participation: North East Texas Economic Developers Roundtable WorId Economic Development Alliance Texas Economic Development Council Texas Air Quality Coalition Texas Economic Development Sales Tax Association Southem Economic Development Council American Economic Development Council East Texas Gulf Highway Association Texas Good Roads Association Texas Taxpayers and Research Association American Chambers of Commerce Research Association Future Issues: Paris Area Labor Survey Wage and Benefit Survey February 20-22, Market Texas-prospecting trip to San Diego, California, bio-medjbio tech companies. February 28, East Texas Gulf Highway Association presentation to the TxDOT Commission in Lufkin. March 10-12, Jewelry Manufacturers- Trade Show with Paris Junior College, New York. Development of the Northwest Industfial Park in conjunction with the Paris Industrial Foundation. "Our plant prints, cuts, and glues paperboard cartons for fast service, bakery, pet food, and other indu,stries. When Anheuser Busch decided to sell their packaging plant in Paris, Texas, some buyers wanted to take the equipment and close down the plant. \y'e wanted to buy it and expand its operations. The Paris Economic Development Corporation helped Paris Packaging obtain interim financing and a bond issue so we could acquire the plant. The financial institutions in Paris were a great help. It's clear Paris is not only interested in bringing in new industry, but also supports the companies that are already here. "The purchase worked out well for us and for Paris. We've expanded our sales significantly and ship throughout the country as well as to Hawaii, Canada, and Puerto Rico. Our raw materials are delivered by rail without delivery problems. And we have a skilled, stable workforce that has been with us on an average of 14 years." . For ."ore reasons why '" ,hould Pick Paris, contact: Paris Economic Development Corporation Gary Vest, Director Paris Economic Development Corporation I-800-PARIS, TX the; 1 r.1~rk~vi11p St- P~rk Tpy~~ 7e;4hO ---. -~..:~..~~~~ ~~~ v' Climate Controlled . nin Street (US271) . Paris, Texas ts Available For Industrial Users v'Triple Freeport E v' Enterprise Zon~e . .~::".. FOR SALE 28,500 S.F. Manufacturing Facility ..' 2305 NW Loop 286 . Paris, Texas "/14' Clear Height ../ Rail Served ../ 25 Acres ../ Triple Freeport Exemption ../ Enterprise Zone Paris h * Economic Development Corporation 1651 Clarksville St. . Paris, Texas 75460 (903) 784-2501 . FAX (903) 784-2503 AVAILABLE IND U S TRIAL SITES IN LAMAR COUNTY i 0,- PARIS ECONOMIC DEVELOPMENT CORPORATION 1-800-P ARISTX WWW.PARISTEXAS.COM FOR SALE Site #1 Northwest Industrial Park Size: 140 acres .. Northwest Loop 286 -/ Rail Served -/ Triple Freeport Exemption -/ Tax Abatements Available -/ Enterprise Zone Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM SITE #1 PROPERTY SPECIFICATIONS ./ 140 Acres ./ Will Subdivide ./ In City Limits ./ Rail Served (Kiamichi) ./ Highway Access (NW Loop 286) ./ Gas Line Size: 8 inch { ./ Water Main Size: 12 inch ./ Sewer Main Size: 10 inch PARIS ECONOMIC DEVELOPMENT CORPORATION 1-800-P ARISTX ' WWW.PARISTEXAS.COM FO R SALE Site #2 Size: 210 acres .,' West Loop 286 ~ Rail Served ~ Triple Freeport Exemption ~ Tax Abatements Available ~ Enterprise Zone Paris Economic Development Corporation 1-800-PARISTX - WWW.PARISTEXAS.COM SITE #2 PROPERTY SPECIFICATIONS ~ 210 Acres ~ Will Subdivide ~ In City Limits ~ Rail Served (Kiamichi) ~ Highway Access (West Loop 286) { 0,- Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM FOR SALE Site #3 Size: 153 acres West Loop 286 ../ Rail Served ../ Triple Freeport Exemption ../ Tax Abatements Available ../ Enterprise Zone Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM SITE #3 PROPERTY SPECIFICATIONS ý" 153 Acres ý" Will Subdivide ý" In City Limits ý" Rail Served (Kiamichi) ..' ~ Highway Access (West Loop 286) Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM FOR SALE Site #4 Size: 73 acres u.s. 271 North ../ Rail Served ../ Triple Freeport Exemption ../ Tax Abatements Available ../ Easy Highway Access Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM SITE #4 PROPERTY SPECIFICATIONS ~ 73 Acres ~ Will Subdivide ~ In City Limits ~ Rail Served (Kiamichi) ~ Highway Access (U.S. 271 North) ~ Water Main Size: 8 inch 0,- ~ Sewer Main Size: 8 inch Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM FOR SALE Site #5 Size: 413 acres South Loop 286 ~ Easy Highway Access ~ Triple Freeport Exemption ~ Tax Abatements Available ~ Will Subdivide Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM SITE #5 PROPERTY SPECIFICATIONS ~ 413 Acres ~ Will Subdivide ~ In City Limits ~ Highway Access (South Loop 286) ..' "'- Paris Economic Development Corporation 1-800-P ARIS TX WWW.PARISTEXAS.COM FO R SALE Site #6 Size: 111 acres u.s. Highway 271 South v" Highway Access U.S. 271 v" Triple Freeport Exemption v" Tax Abatements Available v" Will Subdivide Paris Economic Development Corporation 1-800-P ARIS TX WWW.PARISTEXAS.COM SITE #6 PROPERTY SPECIFICATIONS ~ 111 Acres ~ Will Subdivide ~ In City Limits ./ Highway Access (U.S. 271 South) ~ Gas Line Size: 4 inch ~ Water Main Size: 8 inch ~. ~ Sewer Main Size: 10 inch Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM FOR SALE Site #7 Size: 32 acres ~ South Loop 286 and U.S. Highway 271 South ../ Highway Access U .8. 271 ../ Triple Freeport Exemptiòn ../ Tax Abatements Available ../ Will Subdivide Paris Economic Development Corporation 1-800-PARISTX . WWW.PARISTEXAS.COM SITE #7 PROPERTY SPECIFICATIONS v' 32 Acres v' Will Subdivide v' In City Limits v' Highway Access (U.S. 271Sonth) v' Gas Line: 4 inch v' Water Main:{S inch v' Sewer Main: 10 inch Paris Economic Development Corporation 1-800-P ARIS TX WWW.PARISTEXAS.COM FO R SALE Site #9 A Size: 97 acres Southwest Loop 286 ./ Rail Served ./ Triple Freeport Exemptión ./ Tax Abatements Available ./ Enterprise Zone Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM SITE #9A PROPERTY SPECIFICATIONS ~ 97 Acres ~ Will Subdivide ~ In City Limits ~ Rail Served (Kiamichi) ~ Highway Access (SW Loop 286) ..' ~ Gas Line Size: 6 inch ~ Water Main Size: 12 inch Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM FO R SALE Site #9B Size: 159 acres Southwest Loop 286 V' Rail Served V' Triple Freeport Exemption V' Tax Abatements Available V' Enterprise Zone Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM SITE #9B PROPERTY SPECIFICATIONS ~ 159 Acres ./ Rail Served (Kiamichi) ./ Highway Access (SW Loop 286) ./ Gas Line Size: 6 inch ./ Water Main Size: 12 inch ./ Zoned: Industrial 0,- Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM FOR SALE Site #10 Size: 17 acres North Loop 286 y" Rail Served y" Triple Freeport Exemption y" Tax Abatements Available y" Enterprise Zone Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM SITE #10 PROPERTY SPECIFICATIONS ~ 17 Acres ~ In City Limits ~ Rail Served (Kiamichi) ~ Highway Access (North Loop 286) ../ Water Main Size: 8 inch ~ Sewer Main Size: 27 inch 0,- Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM FOR SALE Site #11 Size: 59 acres . ' 1c:c=.c",-,=\ \, , ;, ~ -."..... \. f.' \ I ' ê ¡ ~ I ~ '¡ ',. '\'..'i ~ ":~ 1 - ' , I ~, . , - .,,-.,-"' ,-~.'- "'..P""... ...."'..-....."""". ..'.-.-.----. -----=.. -..- ",.'-,- ,~~-:..-I"';' ~L~. ~l-":"', -,+.1l1lI ': u~~~ ""'-~ North Loop 286 ý" Rail Served ý" Triple Freeport Exemption ý" Tax Abatements Available ý" Enterprise Zone Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM SITE #11 PROPERTY SPECIFICATIONS ~ 59 Acres ~ Will Subdivide ~ In City Limits ~ Rail Served (Kiamichi) ~ Highway Access (North Loop 286) ~ Gas Line Size: 8 inch ..' 0,- ~ Water Main Size: 20 and 30 inch ~ Sewer Main Size: 27 inch Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM FO R SALE Site #12 Size: 12 acres- " ,.)',,:,- West Loop 286 ~ Rail Served ~ Triple Freeport Exemption ~ Tax Abatements Available ~ Enterprise Zone Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM SITE #12 PROPERTY SPECIFICATIONS ~ 12 Acres ~ Inside City Limits ~ Will Subdivide ~ Rail Served (Kiamichi) ~ Highway Access (West Loop 286) ..' ~ Gas Line Size: 6 inch 0,- ~ Water Main Size: 8 inch Paris Economic Development Corporation 1-800- PARIS TX ' WWW.PARISTEXAS.COM FOR SALE Site #13 Size: 30 acres u.S. Highway 271 North ../ Highway Access U.S. 271 ../ Triple Freeport Exemption ../ Tax Abatements Available ../ Highway Frontage Paris Economic Development Corporation 1-800-PARISTX - WWW.PARISTEXAS.COM FO R SALE Site #14 Size: 11 acres Southwest Loop 286 ý' Rail Served ý' Triple Freeport Exemption ý' Tax Abatements Available ý' Enterprise Zone Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM SITE #14 PROPERTY SPECIFICATIONS ~ 11 Acres ~ Will Subdivide ~ In City Limits ~ Rail Served (Kiamichi) ~ Highway Access (SW Loop 286) 1'~ Gas Line Size: 4 inch 0,- ~ Water Main Size: 12inch Paris Economic Development Corporation 1-800-PARISTX WWW.PARISTX.COM FOR SALE Site #15 Size: 91 acres Southwest Loop 286 ../ Rail Served ../ Triple Freeport Exemption ../ Tax Abatements Available ../ Enterprise Zone Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM SITE #15 PROPERTY SPECIFICATIONS ý' 91 Acres ý' Will Subdivide ý' Inside City Limits ý' Rail Served (Kiamichi) ý' Highway Access (SW Loop 286) ý' Gas Line Size: 6 inch ý' Water Main Size: 10 inch ý' Sewer Main Size: 10 and 15 inch Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM FOR SALE Site #16 Size: 29 acres -~~_.--~, , ", . . Southwest Loop 286 ý' Rail Served ý' Triple Freeport Exemption ý' Tax Abatements Available ý' Enterprise Zone Paris Economic Development Corporation 1-800-P ARIS TX WWW.PARISTEXAS.COM SITE #16 PROPERTY SPECIFICATIONS ../ 29 Acres ../ Will Subdivide ../ Inside City Limits ../ Rail Served (Kiamichi) ../ Highway Access (SW Loop 286) ../ Gas Line Size: 6 inch ../ Water Main Line: 12 inch ../ Sewer Main Line: 16 inch Paris Economic Development Corporation 1-800- PARIS TX WWW.PARISTEXAS.COM ECONOMIC DEVELOPMENT SERVICES 9901 E. Valley Ranch Parkway' Suite 2000 . Irving, Texas 75063 USA' Telephone (972) 830-9005 . FAX (972) 830-9097 To the Reader: ECONOMIC DEVELOPMENT SERVICES COMPANY is pleased to present the results of this Workforce Availability Survey and Analysis. This report contains the results from the area we define as the Northeast Texas Region. including the following Texas COlmty's: . Hopkins Hunt Lamar Delta Including a sampling from the City of Hugo, Oklahoma . . . . The findings in the study were obtained from a statistical survey sampling of 0=1,175 people, who are between 16 and 75 years of age, and looking/willing/able to work. All responses to this survey were gathered between January 31 and February 15 of2002. The Workforce Availability Survey and Analysis required the efforts of a team of specialists ranging from economic developers to statisticians (see Credentials Tab). These experts constructed the sufŸey in conjunction with the Paris Economic Development Corporation. Telephone interviews were conducted by DSS Research in Arlington, Texas (see Credentials Tab). DSS Research selected simple random samples from computer generated lists for the area, to ensure that the samples were representative of the population and workforce in the Region. Individuals which were interviewed had to meet the following criteria: . Residents of the area At least 16 years old -- 75 years old Employed or willing/able to work ..' . . 0,- Total sample (n=1.175). Sampling error is + 2.8% at 95% confidence under the most pessimistic assumptions regarding variance (p=O,5). ECONOMIC DEVELOPME1'Iï SERVICES COMPANY is a Texas-based professional economic development and international marketing organization serving the public and private sectors in the disciplines of research, strategic planning and program' implementation; providing master planning, strategic planning, political strategies and opinion research, work force survey and analysis, wage and benefit survey and analysis, site analysis and negotiation for new manufacturing plant locations, acquisitions, joint venture/licensing partnerships and trade development strategies. We invite you. to visit our web site at: www.edstexas.com Executive Summary Introduction This report first presents population growth in the Northeast Texas Region.1 The Chart below shows changes in population back to 1970 for three counties: Hopkins, Hunt, and Lamar. As shown in the Chart, growth has been remarkable in Hunt County since 1990. Additionally, Hopkins and Lamar experienced some growth during the same period, Growth rates from 1980 to 2000 for the three counties totaled: Hopkins 10,8%, Hunt 19%, and Lamar 10.4%. 80,000 - Hopkins Population Growth in the Northeast Texas Region -Hunt 1970-2000 - Lamar 60,000 40,000 20,000 Source: Texas Comptroller 0 , 1970 1975 1980 1985 1990 2000 Executive Summary ,( The analysis of the Lamar County labor force leads to several conclusions: the area has an older, highly skilled, and well-educated labor pool; the majority of unemployedwill work for under $15 per hour; and has a good supply of available part-time and shift labor. The rationale for this conclusion is discussed throughout the study. The data collected in the surveys displays many characteristics of the work force (defined as anyone willina and able to work; and between the aaes of 16 and 75). The following percentages used in the summary reflect the percent of respondents for Lamar County (n=350) and the Northeast Texas Region (n=1,175). 1 The study defines the Northeast Texas Region as the entire call area: Delta, Hunt, Hopkins, and Lamar Counties. Page 2 Executive Summary Lamar County Workforce Profile Employment . Total available Workforce Lamar County (8.0%) . Unemployment (1.7%)2 . Unemployed as a result of personal choice (6.3%)3 . Total available Workforce Northeast Texas Region (7.4%) . Unemployment (2.2%) . Unemployed as a result of personal choice (5.2%) . Part-time labor availability . Lamar County (40.8%) . Northeast Texas Region (39.6%) . Underemployment . Education attained (13.87 years) . Education required (13.00 years) DemoQraphic Profile of the typical Lamar County employee . Average age (50.5 years) . Caucasian (87%), Black (8%), Hispanic (1%), and Native American (3%) . Lamar County Average Annual Household Income ($52,190) . Northeast Texas Region Average Annual Household Income ($51,740) Workforce Capabilities Education . High School or some College (55%) . Associate degree (12%) . Bachelor degree and/or higher (26%) . Average years of school completed . Lamar County (13.9 years) . NortheastTexas Region (14.1 years) . Texas (12.2 years) . United States (12.4 years) Skills . Basic Computer (47%) . Clerical (29%) . Executive/Professional (28%) . Machine Operation with Computer (19%) . Mechanical (18%) . Medical/Healthcare (16%) ..' ForeiQn LanQuaQe . Total of those surveyed . Lamar County (8%) . Northeast Texas Region (11%) 0,- Job Tenure . Average time with present company . Lamar County (8,3 years) . Northeast Texas Region (8.1 years) . West South Central United States (6,0 years) 2 This number includes laborers that are unemployed due to lack of opportunity. 3 In general, this percentage represents the number of respondents that are currently not working as a result of personal choice, but are willing/able/available for work under opportune circumstances. 2002 LAMAR COU~TY WORKFORCE SURVEY A~D A!'óAL YSIS Page 3 ExecllfÌ1'e Slimmary As shown in the Chart below, employment in the County centers around four primary industries: manufacturing, professional services, education, and medica,4 Lamar County Workforce Industry Employment (252 Responses) High TechlTechnology 1% - O&G 1'10 Other Industries 9'10 Education 13% ProfesslonaU Related ServIces 13% Manufacturing 16% Other Services 8Y, Trade 8% Public Admln/Govt Criminal Justice 6% System 2% Agriculture 3Y, Occupation, another valuable set of data, is shown below. Professional, manufacturing, teaching, and other occupations account for the largest number of respondents, Occupational categories are detailed in the survey analysis to allow a more complete picture of the labor force. Lamar County Workforce Occupational Distribution (246 Responses) laborer 6% Other 11'10 . . Manufacturing 13'04 -~ -~.'.."~.. ~~~ ~~ ~V"""Æ~ :. r.'~ ~J 1-- : I . ..,.,"¡ ¡ - ...' t....c- ..'.' ',! : (.-<'" 0,- Technician 7% - Sales/Retail 6% Managerial 6% Secretary/Clerical Agriculture Related 4Y, 3% 4 Other industries include: home-based businesses, transportation, communications, other public utilities, and other non-classifiable industry segments, Other Services are business and repair, personal, and entertainment/recreational services. 2002 LAMAR COU~TY WORKFORCE SURVEY A:\'D A:\'AL YSIS Page 4 ExeClttive Summary Finally, the study found that Lamar County respondents are employed in a variety of counties. Most employed people that live in Lamar County also work in Lamar County; however, some work outside of the City of Paris (10%). Red River County is the largest outside employment hub for residents of the County drawing almost 3% of Lamar employees, Other employment locations for Lamar County residents include: Dallas County (1.2%), Hunt County (1.2%), and varies/travel (1.6%). 1" 0,- 2002 LAMAR COU~TY WORKFORCE SURVEY A~D A:'\AL YSIS