NOTICE OF MEETING

The Board of Directors of the Palestine Economic Development Corporation of Palestine, Texas will meet August 14, 2008 at 5:30 P.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. Consider action on any of the following reports or operational matters:
 
 A. Prior Meeting Minutes
 B. Presentation by Freese and Nichols on City Water Distribution
 C. Financial Report
  1.  Payment Requests: Incentive Payment - Weissker Manufacturing, FIP Grant - Mollard Properties.
  2.  Review current financials
 D. Sales Tax Rebate Agreements
  
 E. 2008-09 Budget 
  
 F. Directors Report
   1.  Discussion of Community Video
   2.  Strategic Planning Update
   3.  Operations/Marketing Update/CRC
  
   
 G.  Presidents Report/Board Members Comments
 
III.  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: executive director annual evaluation.

Reconvene into Open Session
Take any action resulting from executive session
 
 IV. 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 August 11, 2008 by 5:00 P.M., in accordance with the Chapter 551 of the Texas Government Code.

________________________________
Brian J. Malone

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.