Agenda for Wednesday, November 14, 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 5:00 P.M. WEDNESDAY, NOVEMBER 14, 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. PUBLIC HEARING (5:00 P.M.)

   Conduct a public hearing for the purpose of receiving comments regarding the potential expenditure of funds for economic development for the expansion and relocation of Allied Plywood & Lumber, Inc. to be located at 320 Twin City Highway, Nederland, Texas.

4. ALLIED PLYWOOD & LUMBER, INC.

   Discuss and take action regarding the expenditure of funds for economic development for the expansion and relocation of Allied Plywood & Lumber, Inc. to be located at 320 Twin City Highway, Nederland, Texas.

5. FINANCIAL REPORT

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

6. ^* 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

7. RECONVENE

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

8. COMMUNICATION

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

9. 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 Wednesday, November 14, 2007