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2002-08-26 PEARLAND ECONOMIC DEVELOPMENT CORPORATION PUBLIC HEARING MEETING MINUTESMINUTES OF A PUBLIC HEARING OF THE PEARLAND ECONOMIC DEVELOPMENT CORPORATION ("PEDC") BOARD OF DIRECTORS OF THE CITY OF PEARLAND, TEXAS, HELD MONDAY, AUGUST 26,2002,4:00 P.M. IN THE COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. I. The meeting was called to order at 4::03 p.m. with the following present: BOARD MEMBERS Chairman Dennis Frauenberger Secretary Board Member Board Member Board Member Board Member Lucy Stevener Helen Beckman Bill Chase Charles Phillip Steve Saboe Not in attendance: Due to a conflict in schedule, Vice Chairman Randy Ferguson was unable to attend. EX -OFFICIO BOARD MEMBERS City of Pearland Bill Eisen Mayor Tom Reid STAFF MEMBERS Interim Executive Director Khue Nguyen Administrative Assistant Janice Vega Minutes of a Public Hearing of August 26, 2002 Page 2 II. Purpose of Hearing: To consider use of the one-half cent sales tax proceeds for proposed PEDC projects. Proposed projects will include expenditures for any of the following: • Promotion of manufacturing and industrial facilities • Recycling facilities • Distribution centers • Small warehouse and storage facilities • Facilities to promote new and expanded business development • Facilities to promote job creation and retention • Job training facilities • Educational facilities and facilities for use by institutions of higher education • Targeted infrastructure • Parks and related public space improvements • Tourism and entertainment facilities • Commercial facilities • Certain public facility improvements • Transportation improvements • Infrastructural improvements • Other business-related improvements • Facilities related to any of the foregoing projects III. Staff Review — Interim Executive Director Khue Nguyen gave a presentation that included a few minor changes on the original budget and highlighted capital projects. IV. Citizen Comments: Tom Reid, 2716 Stratford, commended the board on their choices in disbursing funds over the next five years. V. Board of Directors/Staff Discussion: None VI. Minutes al �� C L ATTEST: