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ChatGPTClaudePerplexity· Related development
AEDC board discusses the constrained budget and The Range, and retains outside counsel for up to $10,000, 5-0
At a meeting attended by City Manager Grayson Path, the board discussed the budget the City Council had approved for the AEDC. Carter and Nelson said it covered operations, salaries and contractual obligations but not performance pay, marketing, project support including the Enterprize Challenge, or memberships in regional economic development organizations. Board members asked about The Range payment and the AEDC's policies. The board then voted 5-0 to retain an attorney with Brown and Hofmeister, at a cost not to exceed $10,000, as outside counsel.[1]
Kevin CarterDoug NelsonGrayson PathLaura StorrsDipak PatelAmarillo Economic Development Corporation (AEDC)
What the sources say
- ✓ Verified
President Carter proposed retaining an attorney who teaches EDC training through the Texas Economic Development Council. Director Bentley said the AEDC should spend the same amount the City Council had spent to retain its own outside counsel, $10,000. Director Patel asked whether board members could pay the attorney themselves; Carter said the attorney would then represent the board rather than the AEDC. Bentley moved to retain the attorney for not more than $10,000; Vice-Chair Meander seconded and it passed 5-0.[1]
- Cap
- $10,000
- ✓ Verified
AEDC board members (minutes): The minutes record that Chairman Hall said the financial reviews had come back clear 'to his understanding, except noting The Range,' and that Carter said he had not been given new information. Director Patel asked whether the AEDC could ask for the money back from The Range; Director Bentley said the AEDC had been told it could not ask for the money back but that The Range could offer and the AEDC would listen. Bentley said that in his opinion the question was whether the AEDC was following its policies and procedures properly.[1]
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AEDC staff and City Manager (minutes): Asked about statements that the AEDC's budget was outside state law, Carter said this was news to the AEDC and that it had not been given case law showing it; Senior Vice President Nelson said no one had previously questioned whether the AEDC operated outside state law in its procedures and budget. City Manager Path said the attorney who made those remarks is the City Council's legal counsel. Vice President Kitten and Carter said the restricted budget would put the AEDC at a competitive disadvantage.[1]
