03-B PEDC (07/09/03)MINUTES OF THE SPECIAL MEETING OF THE PARIS ECONOMIC
DEVELOPMENT CORPORATION
July 9, 2003
The Paris Economic Development Corporation met in special session on
Wednesday, July 9, 2003, 4:00 P.M., at Paris Junior College, Applied
Technology Building, Room 1208, 2400 Clarksville Street. President Don
Wall called the meeting to order with the following Directors present: Rodney
Bass and Sims Norment. Also present was Executive Director Gary Vest, Ex-
officio Member Bobby Walters, City Manager Michael E. Malone, City
Attorney Larry W. Schenk, and City Clerk Mattie Cunningham.
President Wall introduced Dr. Pam Anglin, the new President of Paris Junior
College.
President Wall announced that the purpose of the special meeting was
consideration of and action on a resolution approving and authorizing the
execution of an amended development contract with Paris Packaging, Inc., and
asked City Attorney Schenk to read the resolution.
Resolution No. 2003-011, approving and authorizing the execution of an
amended development contract with Paris Packaging, Inc., removing the
requirement for a personal guarantor on the promissory note associated
therewith; making other findings and provisions related to the subject, was
presented.
A motion was made by Director Bass, seconded by Director Norment for
approval of the resolution. The motion carried 3 ayes, 0 nays.
There being no further business, a motion was made by Director Norment,
seconded by Director Bass, to adjourn the meeting. The motion carried 3
ayes, 0 nays.
DON WALL, PRESIDENT
ATTEST:
MATTIE CLJNNINGHAM, CITY CLERK