REGULAR MEETING OF THE CITY OF RED OAK

INDUSTRIAL DEVELOPMENT CORPORATION

MONDAY, OCTOBER 23, 2006 – 6:30 PM

RED OAK CITY HALL

200 LAKEVIEW PARKWAY

RED OAK, TEXAS

MINUTES

1. Call To Order - President Robnett called the meeting to order at 6:30 p.m.

2. NEW BUSINESS
1. Consideration of approving the minutes of the August 28, 2006 Regular Meeting and the August 29th, 2006 Workshop of the Red Oak Industrial Development Corporation.  Member Patton made the motion, seconded by Secretary Smart to amend the minutes as read for the August 28, 2006 Regular Meeting of the Red Oak Industrial Development Corporation to reflect the compliment Secretary Smart gave to Staff regarding the presentation of the Fiscal Year 2007 Budget and to accept the minutes for the August 29, 2006 Workshop as read. The motion was unanimous.
    
2. Discussion concerning the possible relocation of SWFA to the Red Oak Industrial Park. Discussion only concerning the possible relocation of SWFA to the Red Oak Industrial Park.  No action taken.
    
3. Discussion concerning a possible joint Goals and Objectives Plan for Economic Development with the Red Oak Economic Development Corporation. Discussion only concerning a possible joint Goals and Objective Plan for Economic Development with the Red Oak Economic Development Corporation.  No action taken.
   
    
3. STAFF COMMENTS AND REPORTS
   
   1. Pax Glenn, Broker - Update on real estate activities concerning the Red Oak Industrial Park.
   2. Todd Fuller, Director of Economic Development – Update on Loop 9, Mike Rader industrial workshop, Strategic Planning, and commercial property in the Red Oak Industrial Park.
4. ADJOURNMENT Secretary Smart made the motion, seconded by Vice President Wilson to adjourn the meeting at 8:14 p.m. The motion was unanimous.

Submitted by: ________________________

Jim Robnett, President

Attested: _______________________________

Brian Smart, Secretary