CITY OF PALACIOS

ECONOMIC DEVELOPMENT CORPORATION

REGULAR MONTHLY BOARD MEETING

WEDNESDAY, DECEMBER 20, 2006 – 3:00PM

ECONOMIC DEVELOPMENT OFFICE – 420 MAIN STREET

PALACIOS, TEXAS

AGENDA

I. CALL TO ORDER AND CERTIFY QUORUM IS PRESENT.

II. PLEDGE TO THE FLAG – Mr. Wallis

III. INVOCATION – Mrs. Brhlik

IV. APPROVAL OF NOVMEBER 20, 2006 MINUTES.

V. VISITOR/CITIZEN FORUM: At this time, any person with business before the Board of Directors, not scheduled on the agenda, may speak before the Board. No formal action can be taken on these items at this meeting.

VI. REPORTS:

1. FINANCIAL

2. MCEDC EXECUTIVE DIRECTOR

VII. OLD BUSINESS:

1. Discuss and approve amended City of Palacios EDC By-Laws.

2. Discuss and consider repairing awning.

VIII. NEW BUSINESS

1. None

IX. EXECUTIVE SESSION: In accordance with Chapter 551, government Code, Vernon’s Texas Codes Annotated (Open Meetings Law), the Board may go into Executive (closed) Session in accordance with the authority contained in Legal Section 551.071 to consult with an attorney; Real Estate Section 551.072, to discuss real estate transactions; Gift or Donation Section 551.073, to discuss receiving a gift or donation; Personnel Section 551.074, to discuss matters regarding the employment of COPEDC officers or employees.

X. ADJOURN

__________________________________

Melanie Longoria, Office Manager

Friday, December 15, 2006