NOTICE OF MEETING

The Board of Directors of the Palestine Economic Development Corporation of Palestine, Texas will meet  Thursday, July 16, 2009 at 11:30 A.M. at the PEDC Offices, 100 Willow Creek Parkway, Suite A , Palestine, Texas, in accordance with the following agenda:

I.        Call meeting to order
II.       Citizen Input
III.      Prior meeting minutes
III.      Consider action on any of the following reports or operational matters:
           A.  Review and approve financial information, bank statements, reconciliation report, cash flow report
           B.  Discuss approval of payment request to Richardson Advertising for $9,882.00 for 6 Visitor Brochures
           C.  Discuss and consider 2009 Facade Grant Applications
           D.  Discuss and consider final Community Grant payment to Palestine Community Theater 
           E.  Staff Report
                      1. Hart Corporation
                      2.  John Shewmaker
                      3.  Armstrong Development
                      4.  Palestine Public Library
                      5.  Tyler Morning Telegraph
                      6.  Texas Vineyard & Smokehaus
           F.  Discuss and approve PEDC 2009-2010 Budget
IV.      Executive Session (Closed Meeting)

The Board will retire into executive session pursuant to the provisions of the Texas Government Code, in accordance with the authority contained in Section 551.087 deliberations about economic development, Section 551.072 deliberations about real property, Section 551.074 personnel matters.
           A. Discuss Project Cotton
           B. Project Mt
           C. Project 121 East Regan
           D. Project Astin
           E. Project Pure
Reconvene into Open Session
V.       Take any action resulting from executive session
VI.      Future agenda items
VII.     Next meeting date- August 20, 2009, 11:30 AM
VIII.    Adjourn

Certification:

I certify that this agenda was posted at the main entrance of the Palestine Economic Development Corporation located at 100 Willow Creek Parkway Suite A, on or before July 13, 2009 by 11:00 A.M., in accordance with the Chapter 551 of the Texas Government Code.

_______________________________

Bill Lacy, Interim Director, PEDC

The Board of Directors reserves the right to enter into Closed Session at any point in the meeting which is permitted by Texas Government Code Sections 551.071, 551.072, 551.073, 551.074, 551.076,551.082,551.086.