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REGULAR MEETING OF THE

FRISCO ECONOMIC DEVELOPMENT CORPORATION

FEDC OFFICES LOCATED 6801 GAYLORD PARKWAY, SUITE 200 FRISCO, TEXAS

WEDNESDAY, JANUARY 17, 2007 AT 6:00 P.M.

AGENDA

1. 1.            Call to order/Roll call
2. 2.            Recess into Closed Session in compliance with Section 551.001 et. Seq. Texas Government code, to wit:
   1. A.    Section 551.086 Deliberation regarding commercial or financial information that the Board has received from a business prospect and to deliberate the offer or other incentives to a business prospect
   2. B.    Section 551.072 To deliberate the purchase, exchange, lease or value of real property located:
      1. i)        south of US380, west of Preston Road, east of FM423 and north of Eldorado
      2. ii)      south of Eldorado Parkway, west of Frisco Street, east of Teel Parkway and north of Main Street
      3. iii)    west of Dallas North Tollway, south of Main Street, north of Cotton Gin Road and east of Teel Parkway
      4. iv)    west of Dallas North Tollway, south of Cotton Gin Road, north of Lebanon Road and east of Teel Parkway
      5. v)      south of Eldorado, west of Preston Road, east of Dallas North Parkway and North of Main Street
   3. C.    Section 551. 074 Personnel:  Evaluation of President
3. 3.            Reconvene into Regular Session and take any action required as a result of Closed Session
4. 4.             Consent Agenda:  (Items placed on the Consent Agenda are considered routine in nature and are considered non-controversial.  The Consent Agenda can be acted upon in one motion.  Any Board member may request an item be removed for discussion and separate action.  Board members may vote nay on any single item without comment and may submit written comments as part of the official record.)
   1. A.     Consider and act upon December 13 Joint Work Session, December 20 Regular Meeting and January 9, 2007 Special Meeting minutes
   2. B.     Consider and act upon November financial reports
   3. C.    Consider and act upon payment of invoices

Regular Agenda: 

1. 5.            Citizen Input
2. 6.            Consider and act upon amendment to Performance Agreement with L&W Supply
3. 7.            Consider and act upon payment of Performance Incentive No. 1 to with Technisource, Inc.
4. 8.            Consider and act upon Performance Agreement with Molubhoy LLC regarding infrastructure improvements for Holiday Inn Crowne Plaza and Holiday Inn Express
5. 9.            Consider and act upon Tri-Party Agreement between LegacyTexas Bank, Mahard Egg Farm and Frisco Economic Development Corporation
6. 10.       Consider and act upon leasing a suite for Frisco Thunder
7. 11.       Consider and act upon an agreement with CGI Communications for Community Video Showcase
8. 12.       Discussion regarding bond funding for construction of an office building for qualified business enterprises and direction to staff regarding a Performance Agreement and Lease Agreement with NTEC
9. 13.       Staff Reports Regarding:
   1. A.     FEDC Marketing Report
   2. B.     Collin County EDC Update
   3. C.    Road Construction Update
   4. D.    FEDC Calendar and Events
   5. E.     General Information
10. 14.       Adjourn

CERTIFICATION

I hereby certify that the above notice of meeting was posted on the outside bulletin board at Frisco City Hall, 6101 Frisco Square Blvd., Frisco, Texas by 5:00 p.m., Friday, January 12, 2007.

James L. Gandy, President

If during the course of the meeting covered by this notice, the Board of Directors should determine that a closed or executive meeting or session of the Board of Directors or a consultation with the attorney for the FEDC should be held or is required, then such closed or executive meeting or session or consultation with attorney as authorized by the Texas Open Meetings Act, Texas Government code § 551.001 et seq., will be held by the Board of Directors at the date, hour and place given in this notice or as soon after the commencement of the meeting covered by this notice as the Board of Directors may conveniently meet in such closed or executive meeting or session or consult with the attorney for the FEDC concerning any and all subjects and for any and all purposes permitted by the Act, including, but not limited to, the following sanctions and purposes:

Texas Government Code Section:

1. -          Private consultation with the attorney for the FEDC.
2. -          Discussing purchase, exchange, lease or value of real property.
3. -          Considering the standards, guidelines, terms or conditions the Board of Directors will follow, or will instruct its representatives to follow, in consultation with representatives of employee groups.