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2002-08-05 PEARLAND ECONOMIC DEVELOPMENT CORPORATION BOARD REGULAR MEETING MINUTESMINUTES OF A REGULAR MEETING OF THE PEARLAND ECONOMIC DEVELOPMENT CORPORATION ("PEDC") BOARD OF DIRECTORS OF THE CITY OF PEARLAND, TEXAS, HELD MONDAY, AUGUST 5,2002,4:00 P.M. IN THE COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. I. The meeting was called to order at 4:05 p.m. with the following present: BOARD MEMBERS Vice Chairman Randy Ferguson Secretary Lucy Stevener Board member Bill Chase Board member Helen Beckman Board member Charlie Philipp Board member Lucy Stevener Not in attendance: Due to a conflict in schedule, Chairman Dennis Frauenberger was unable to attend the meeting. EX -OFFICIO BOARD MEMBERS Chamber of Commerce Jack Click City of Pearland Bill Eisen City of Pearland Mayor Tom Reid STAFF MEMBERS Interim Executive Director Khue Nguyen Administrative Assistant Janice Vega Minutes of Regular Meeting of August 5, 2002 Page 2 II. Approval of Minutes: Board member Bill Chase made the motion, seconded by Board member Charlie Philipp to approve the minutes of the Special meeting of July 29, 2002. Motion Passed: 5 — 0 III. Public Comments: None Vice Chairman Randy Ferguson asked if Interim Executive Director Khue Nguyen would like to give an informal update on projects while waiting for Secretary Lucy Stevener to arrive. Lead given by the Greater Houston Partnership on a company named Isologen located in Houston. Staff submitted a proposal. Project in preliminary stages. Project Orco contacted PEDC regarding incentives. Staff submitted preliminary numbers. Project Utex is still in preliminary stages. Staff is working with the Brazoria County Partnership on this project. Secretary Lucy Stevener arrived at 4:10 p.m. Ex -officio board member Jack Click announced that Carol Artz had accepted the position of President of the Pearland/Hobby Area Chamber of Commerce. IV. New Business EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE A. Executive Session: Vice Chairman Randy Ferguson adjourned the meeting at 4:14 p.m. to go into Executive Session to discuss Section 551.074 - Personnel Matters — Executive Director position. New Business (continued) B. Board Action: The Board reconvened into open session at 4:25 p.m. City Manager Bill Eisen reported that he had made an offer and it was accepted by Fred Welch for the Executive Director position. Board member Charlie Philipp made the motion, seconded by Board member Bill Chase to ratify and agree with the City Manager's actions in the hiring of Fred Welch as the new Executive Director. Motion Passed: 6 — 0 Minutes of Regular Meeting of July 15, 2002 Page 3 V. Adjournment: Board member Bill Chase made the motion, seconded by Board member Helen Beckman to adjourn the meeting. Motion Passed: 6 - 0 TIME: 4:29 p.m. Minutes app •oved as submitted and/or corrected this day of A.D., 2002 R y Ferguson, Vice Chairman ATTEST: y Janice a, Administrativ Assistant