Agenda for Monday, October 29, 2007

NOTICE OF MEETING OF
THE NEDERLAND ECONOMIC DEVELOPMENT CORPORATION

PURSUANT TO § 551.041 OF THE OPEN MEETINGS ACT, NOTICE IS HEREBY GIVEN THAT THE NEDERLAND ECONOMIC DEVELOPMENT CORPORATION WILL CONVENE AT 5:30 P.M. MONDAY, OCTOBER 29, 2007 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. NEW BOARD MEMBERS

   Introduction of new NEDC Board members.

4. ELECTION OF OFFICERS

   Discuss and take action electing NEDC officers for 2007-2008 as required by the Bylaws.

5. ALL PRO AUDIO

   Discuss and take action on grant previously awarded to All Pro Audio.

6. FINANCIAL REPORT

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

7. ^* CLOSED MEETING (EXECUTIVE SESSION)

   A Closed Meeting or Executive Session will now be held pursuant to the following sections of Chapter 551 of the Texas Government Code.

   Section 551.071 - Litigation and/or legal advise Section 551.072 - Land Section 551.087 - Deliberations regarding Economic Development Incentive

   1. Consultation with NEDC Attorney -Texas Government Code, Chapter 551.071
       
      1. Discuss contemplated litigation.
          
   2. Real Property -Texas Government Code, Chapter 551.072U
       
      1. Discuss potential acquisition, exchange, and/or release of property.
          
   3. Economic Development Negotiations -Texas Government Code, Chapter 551.087
       
      1. Discuss and/or deliberate concerning financial and/or commercial information received from potential business prospects regarding potential economic development incentive(s); and
          
      2. Discuss and/or deliberate the offer of incentive(s) to business prospects.
          

   ^* * The items in Executive Session may be discussed and acted on in Open Session

8. RECONVENE

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

9. COMMUNICATION

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

10. 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, October 29, 2007