03-A PEDC Bd Min 6-15-05
Board Minutes for the
Paris Economic Development Corporation
J one 15, 2005
4:00 P.M.
Board Members
Present: Don Wall
Dick Severson
Sims Norment
Mike Dunn
Rodney Bass
Ex-officio Members
Present: Curtis Fendley
Tony Williams
Darrell Bulls
Glen Bawcum
Gene Anderson
Board Members
Absent:
Staff Present:
Gary Vest
Chad Madding
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Meeting called to order by Don Wall at 4:02 P. M.
Minutes of the last PEDC board meeting were reviewed and approved. Sims Norment made the motion and
Mike Dunn seconded the approval.
The Financial report was read through by Gene Anderson. Gene went over the report and discussed the
$425,000 in Liberty. $350,000 has been transferred to MBIA leaving $75,000 in Liberty. Dick Severson
asked a loan question about Paris Packaging and C- Tech. Dick and the group also addressed the fact that C-
Tech is listed under General in the audit. Rodney Bass made a motion to accept the report and Mike Dunn
seconded.
Regarding the consideration and action on a request for tax abatement from Turner International Pipe. Sims
Norment made a motion to grant the abatement and Rodney Bass seconded.
Regarding the consideration and action on a Program of Work for 2005-2006. Gary Vest gave some
comment, Dick Severson made a motion to accept the Program of Work for 2005-2006 and Rodney Bass
seconded.
Regarding the consideration and action on a budget for 2005-2006. Rodney Bass made a motion to accept
the budget and Sims Norment seconded.
The director's report was given by Gary Vest.
Gary discussed:
1. Project BAM came back to visit 3 Texas towns and 1 Oklahoma town. Paris did not make the list.
2. C- Tech's plans and building design
The chairman's report was given by Don Wall.
Don discussed:
1. Several new highway projects
2. The public hearing regarding the overpass on the Loop
3. The opening of a new TxDOT office in Greenville
4. Don's retirement from the PEDC board.
Sims Norment moved for adjournment at 4:48 and Dick Severson seconded.
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