Attachment A

C. V. E. D. D.

MINUTES OF MEETING

CONCHO VALLEY

ECONOMIC DEVELOPMENT DISTRICT

May 11, 2011

The Board of Directors of the Concho Valley Economic Development District (CVEDD) met on Wednesday, March 16, 2011, in the Concho Valley Regional Training Center at 2801 W. Loop 306, Suite A, San Angelo, Texas.

Members present were:

Ralph Sides, President, Sterling County Judge

Miguel Villanueva, Secretary, Sutton County Commissioner

Tom Aiken, Irion County Judge

Roy Blair, Coke County Judge

P.L. Childress, Crockett County Commissioner

Larry Isom, Reagan County Judge

Jessica Lambert, ASU- Small Business Development Center

Neta Wescott, V.P. First National Bank of Mertzon

Members absent were:

Karl Bookter, Private Sector

Monette Molinar, Concho Financial Center

Staff present was: Jeffrey Sutton, Tracy Ogle, Marcos Mata and Janice Weiss

CALL TO ORDER

President Sides announced the presence of a quorum and called the meeting to order at 1:18 p.m.

APPROVAL OF MINUTES

Upon a motion by Neta Wescott, seconded by Judge Isom, the minutes of the March 16, 2011 meeting of the Board were unanimously approved.

CONCHO VALLEY EDD CEDS WEB DEVELOPMENT UPDATE

Janice Weiss presented a PowerPoint presentation of how the website will look and also how to maneuver the site. Ms. Weiss explained that CVEDD can design this site to fit our needs and also add pictures and links to resources that benefit our area. The website will be paid for the first three years and after that we are under no obligation to continue.

REVIEW OF THE CVEDD SEMI-ANNUAL REPORT FOR PERIOD ENDING 5/31/2011

CVEDD is required to report every six months on the EDA Funded Revolving Loan Fund Grants. Mr. Rodriguez reviewed the report and stated that there $201,733.00 total active loans and there have been 64 loans made which total $3,052,978.73.

Minutes of Meeting

Concho Valley Economic Dev. Dist.

5/11/11

Page 2

REPORTS AND INFORMATION ITEMS

The board reviewed the RLF Loan Status Report.

The board reviewed the CVEDD Monthly Balance Reports and Monthly Cash Management Charts.

This meeting was adjourned at 1:25 p.m. Duly adopted at a meeting of the Board of Directors of the Concho Valley Economic Development District this 10th day of August 2011.

Judge Ralph Sides, President Commissioner Miguel Villanueva, Secretary