Agenda for Monday, February 9, 2004

NOTICE OF MEETING

NOTICE IS HEREBY GIVEN THAT THE NEDERLAND ECONOMIC DEVELOPMENT CORPORATION WILL CONVENE AT 5:30 P.M. MONDAY, FEBUARY 9, 2004 AT THE NEDERLAND ECONOMIC DEVELOPMENT CORPORATION OFFICE, 1903 ATLANTA AVENUE, NEDERLAND, TEXAS, FOR THE FOLLOWING PURPOSES:

1. CALL THE MEETING TO ORDER
    
2. APPROVE THE MINUTES OF PREVIOUS MEETING
    
3. RESIGNATION

   Accept the resignation of NEDC Board of Director, Dalton Babineaux.

4. NEW BOARD MEMBER

   Introduction of new NEDC Board member to fulfill unexpired term of Dalton Babineaux.

5. PUBLIC HEARING (5:30 P.M.)

   Conduct a public hearing for the purpose of receiving comments regarding the potential expenditure of funds for economic development to Southeast Texas Coalition for Air Service, L.L.C. for the development of jet service to Dallas/Fort Worth by Delta Airlines from the Southeast Texas Regional Airport.

6. AIR SERVICE

   Discuss and take action on the expenditure of funds for economic development to Southeast Texas Coalition for Air Service, L.L.C. for the development of jet service to Dallas/Fort Worth by Delta Airlines from the Southeast Texas Regional Airport.

7. FINANCIAL REPORT

   Review and discuss current financial status of the Nederland Economic Development Corporation.

8. EXECUTIVE SESSION

   The Board of Directors will announce that it will go into Executive Session, pursuant to Chapter 551 of the Texas Government Code, to discuss matters as specifically listed on the agenda.

   Real Property - Texas Government Code, Chapter 551.072

   
   Discuss acquisition, exchange, and/or release of property.
    

   Economic Development Negotiations - Texas Government Code, Chapter 551.087

   
   Discuss the offer of an incentive to a business prospect.
    

9. RECONVENE

   Reconvene into regular session and consider action, if any, on items discussed in Executive Session.

10. COMMUNICATION
     

    Receive comments from President, Board of Directors and Executive Director.

11. ADJOURN

THE NEDERLAND ECONOMIC DEVELOPMENT CORPORATION IS COMMITTED TO COMPLIANCE WITH THE AMERICANS WITH DISABILITIES ACT, REASONABLE MODIFICATIONS AND EQUAL ACCESS TO COMMUNICATIONS WILL BE PROVIDED UPON REQUEST.

END Agenda for Monday, February 9, 2004