KILGORE ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS MEETING Page 1 of 2

AGENDA § Bill Adamson - President BOARD OF DIRECTORS MEETING § Bobby Beane - Vice-President TUESDAY, OCTOBER 16, 2007, 5:15 p.m. § Dr. Jerry Ted Roberts – Secretary-Treasurer KILGORE CITY HALL § Karl F. Edmonds – Asst. Sec/Treas 815 N. KILGORE STREET § Bill Mishkind- Director

I. Call to Order and Recognition of Guests

II. Citizen Comments -- Hearing of citizens wishing to address the Board

III. Consent Agenda A. Consider discussion and approval of minutes from KEDC Board Meeting dated: 1. September 24, 2007 B. Approval of budgeted expenditures 1. KEDC Financial Reports and Summaries 2. Administrative contract expenditures 3. Budgeted expenditure items

Note: All matters listed under Item III, Consent Agenda, are considered to be routine by the Board and will be enacted by one motion. There will not be separate discussion of these items. If discussion is desired, that item will be removed from the Consent Agenda and will be considered separately under Item IV.

IV. Consider items from consent agenda, if any

V. Reports A. Texpool monthly rate history 2007 B. Sales Tax Revenue comparison C. Pilot Study of the East Texas Field D. Notes from Ray Perryman Presentation E. Staff Report

VI. Consider discussion and possible action on items associated with the development of Synergy Park: 1. Report on status of Elder Lake Road extension project 2. Report on status of amenities construction and security upgrades 3. Update on FM349 widening 4. Allow Adams Engineering to advertise for bids on construction of regional detention facility.

VII. Public Hearing: Public hearing regarding Harris Street Park walking trail lights project for $95,000 4A(s) funding

KEDC Board Meeting October 16, 2007 Page 2 of 2

VIII. Consider discussion and approval of partnership with Roger Gault and Stephen Hundley as Kilgore Synergy Partners, LP for Phase II shell building on Lot 3A

IX. Consider entering into Executive Session according to Texas Government Code Chapter 551 to discuss:

A. Section 551.071 - Consultation with Attorney Contract Negotiations B. Section 551.072 - Deliberation Regarding Real Property Proposal on property C. Section 551.074 - Deliberation on Personnel Matters No Item D. Section 551.086 – Deliberation Regarding Economic Development Negotiations: Discussions regarding negotiations with the following prospects: Prospect #1118 Prospect #1141 Prospect #1146 Prospect #1150 Prospect #1154 Prospect #1155

X. Consider discussion and possible action on items discussed under Agenda Item IX

______Karen Custer, City Clerk Posted: City Hall Bulletin Board, Friday, October 14, 2007

This facility is wheelchair accessible and accessible parking spaces are available. Requests for accommodations or interpretive services must be made 48 hours prior to this meeting. Contact the City Clerk's Office at (903) 984-5081 or FAX (903) 983-3523. The Board reserves the right to enter into Closed Session at any point in the meeting which is permitted by Texas Government Code Sections 551.071, 551.072, 551.073, 551.074, 551.076,551.082,551.086 and Education Code 39.030(a).