Business Development Corporation of Vernon
Regular Meeting – June 17, 2009 - 1:30pm
Vernon City Commission Chambers
1725 Wilbarger St.
Vernon, Texas   76384
940.552.6502

AGENDA

1.         Call To Order.

2.         Approval of Minutes of the regular meeting of May 20, 2009 and special meeting of June 1, 2009.

3.         Acceptance of Financial Report for May 2009.

4.         Discuss and consider budget revision for FY 10/1/08-9/30/09.

5.         Wilbarger County Covered Arena Project update – Judge Greg Tyra.

6.         Discuss and consider Local Preference Clause in BDC Contracts and discuss contacting other taxing entities to 
           consider the same.

7.         President/CEO Report:
                                 Projects and client activity update
                                 Meetings attended/held during previous month

8.         Executive Session: BDC Board of Directors will go into executive session under the following Codes and subjects:

                      (1) Executive Session: Government Code Subchapter D. Section 551.087 Deliberation Regarding Economic 
                      Development-funding request from Pat Bryant regarding infrastructure improvements to a RV park.

                      (2) Executive Session: Government Code Subchapter D. Section 551.087 Deliberation Regarding Economic 
                      Development – negotiations with AgriBoard regarding possible incentives for the permanent location of their 
                      facility

                      (3) Executive Session: Government Code Subchapter D., Section 551.074 Personnel Matters-review results of 
                      performance evaluation of President/CEO Sean Stockard.

9.       Open Session: Discuss and consider action regarding executive session under the following Codes and subjects.

                      (1) Executive Session: Government Code Subchapter D. Section 551.087 Deliberation Regarding Economic
                       Development-funding request from Pat Bryant regarding infrastructure improvements to a RV park.

                      (2) Executive Session: Government Code Subchapter D. Section 551.087 Deliberation Regarding Economic 
                      Development – negotiations with AgriBoard regarding possible incentives for the permanent location of their 
                      facility

                      (3) Executive Session: Government Code Subchapter D., Section 551.074 Personnel Matters-review results of 
                      performance evaluation of President/CEO Sean Stockard.

10.        Public Comment.

11.        Adjournment.

POSTED: 6/12//09
                 4:50pm