EDC Minutes Special Meeting January 10, 2018

Rosebud Economic Development Corporation

D Brown Library

January 10, 2018

Minutes – Special Meeting

1.  Call to order

President Wallace called the meeting to order at 5:57 PM

2.  Roll Call

At the time the meeting was called to order, there was a quorum present including Carson Wallace, Wayne Wilson, Debra Kimble, Judge Whitfield, and Martha Westerman.  Diana Miles and Sherri Humphry were not present.

2.  Certify Posting

Carson verified with the secretary that the agenda was posted in compliance with the Texas Open Meetings Act.

4.  Introduction of guests

Jim Bartosh    Tommy Cooper    Lisa Cooper    Sandra Cooper

5.  Discussion and/or action regarding loan application

Tommy Cooper has submitted a loan application for the purchase of All American Auction to include the building and the business.  (See attached information)  With a motion by Wayne and a 2nd by Martha, the vote was unanimous to approve a loan for $65,000 for a term of 15 years at a rate of 5% interest.

6.  Adjourn

With a motion by Wayne and a 2nd by Debra, the vote was unanimous to adjourn the meeting at 6:40 PM

 

____________________________________ _________________________________

Martha Westerman, EDC Secretary Carson Wallace, EDC President

 

This institution is an equal opportunity provider and employer

Contact Us

Rosebud EDC

402 W. Main Street

Rosebud, Texas 76570

254.583.7979

 

Latest NewsLatest News and Upcoming Events