HomeMy WebLinkAboutPR 22791: EDC, PROFESSIONAL SERVICES & EMPLOYMENT AS CHIEF EXECUTIVE OFFICER , TERRY STOKES P.R.No.22791
10/4//2022 KVM
RESOLUTION NO.
A RESOLUTION APPROVING AN AGREEMENT WITH
TERRY STOKES FOR PROFESSIONAL SERVICES &
EMPLOYMENT AS CHIEF EXECUTIVE OFFICER OF THE
CITY OF PORT ARTHUR SECTION 4A ECONOMIC
DEVELOPMENT CORPORATION
WHEREAS,the City of Port Arthur Section 4A Economic Development Corporation(the
"PAEDC") Board of Directors (the "Board") is given the power and authority under Article VIII,
Section 8.01 of the PAEDC Bylaws to appoint,supervise,and remove the Chief Executive Officer
("CEO")of the PAEDC; and
WHEREAS,the PAEDC has had a vacancy in the position of CEO since May 5,2022 and
the Board has advertised, evaluated the candidates and interviewed the final candidates for the
CEO position;and
WHEREAS, the Board believes that an employment agreement negotiated between the
Board,on behalf of the PAEDC,and the CEO candidate can be mutually beneficial to the PAEDC,
the CEO and the community they serve and is in the best interests of the public welfare; and
WHEREAS,when appropriately structured,the Board believes an employment agreement
can strengthen the CEO-Board relationship by enhancing the excellence and continuity of the
management of the PAEDC for the benefit of the City's economic development goals; and
WHEREAS,the Board desires to employ Terry Stokes as Chief Executive Officer for the
PAEDC; and
WHEREAS, it is the desire of the Board to provide certain benefits, establish certain
conditions of employment, and to set certain working conditions of said CEO; and
WHEREAS, at their Regular Board Meeting of October 3, 2022, the Board approved an
Agreement with Terry Stokes for Professional Services&Employment as Chief Executive Officer
of the PAEDC; and
WHEREAS, Terry Stokes desires to accept employment as CEO of the PAEDC per the
terms outlined in the Agreement for Professional Services and Employment as Chief Executive
Officer attached hereto as"Exhibit A".
NOW THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF PORT ARTHUR,TEXAS:
Section 1. That the facts and opinions in the preamble are true and correct.
Section 2. That the City Council hereby approves the Port Arthur Economic Development
Corporation to enter into an Agreement with Terry Stokes for Professional Services and
Employment as Chief Executive Officer of the PAEDC.
Section 3. That a copy of the caption of this Resolution be spread upon the Minutes of the
City Council.
READ, ADOPTED AND APPROVED on this day of A.D., 2022,
at a Meeting of the City Council of the City of Port Arthur,Texas,by the following vote: AYES:
Mayor
Councilmembers
NOES:
Thurman Bartie,Mayor
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ATTEST:
Sherri Bellard,City Secretary
APPROVED:
ICryskle Muller,Interim PAEnc CEO
APPROVED AS TO FORM:
Charles Zech, PAEDC Attorney
APPROVED AS TO FORM:
Valecia R.Tizeno, City Attorney
APPROVED AS TO AVAILABILITY OF FUNDS:
Kandy Daiel,Interim Finance Director
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EXHIBIT "A"
WILL BE PRESENTED AT OR BEFORE THE
CITY COUNCIL MEETING