NOTICE OF MEETING

The Board of Directors of the Palestine Economic Development Corporation of Palestine, Texas will meet February 19, 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. Consider action on any of the following reports or operational matters:
 
 A. Prior meeting minutes
 B. 1.  Review and approve Financial Information, Budget, and Reconciliation Report
  2.   Approve Payments:  Facade Improvement Grants, Community Development Grants, Texas Capital Fund Project, L2 Marketing, Angelou Economics
 C. Memorandum of Understanding with the City of Palestine for Engineering Services and Construction for water line extension to Willow Creek Business Park development of regional storm water detention pond.
 D. Directors Report -  Marketing Report, Prospect Report, CGE Update, Video Project, Joint Marketing Program, Strategic Planning
 E. 2009 Facade Grant Program
   
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.

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 February 16, 2008 by 10:00 A.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.