Business Development Corporation of Vernon
Regular Meeting – July 15, 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 June 17, 2009.

3.         Acceptance of Financial Report for June 2009.

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

5.         Discuss and consider approval of the Agenda for the BDC Strategic Planning and Board retreat.

6.         Discuss and consider addition of Local Preference Clause in BDC Contracts.

7.         Discuss and consider action regarding the Lease between the BDC and AgriBoard.

8.         President/CEO Report:

                      Projects and client activity update
                      Meetings attended/held during previous month

9.         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 –request from Bobby Farmer for funding assistance.

10.        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 – request from Bobby Farmer for funding assistance.

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

                   (3) Executive Session: Government Code Subchapter D., Section 551.074 Personnel Matters-discuss and consider
                   proposed staff salary adjustments in 2009-2010 proposed Budget.

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

                   (3) Executive Session: Government Code Subchapter D., Section 551.074 Personnel Matters-discuss and consider
                   proposed staff salary adjustments in 2009-2010 proposed Budget.

13.        Discuss and consider approval of Proposed BDC Administrative Budget for FY 10/1/09-9/30/10.

14.        Public Comment.

15.        Adjournment.

POSTED: 7/10//09
                 4:50pm