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2003-12-15 PEARLAND ECONCOMIC 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, DECEMBER 15, 2003, 7:30 P.M., IN THE 2ND FLOOR CONFERENCE ROOM, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. I. The meeting was called to order at 8:11 p.m. with the following present: BOARD MEMBERS Chairman Randy Ferguson Secretary Lucy Stevener Board member Helen Beckman Board member Felicia Kyle Board member Steve Saboe Board member Ed Thompson Not in attendance: Due to a conflict in schedule, Board member George Sandars was unable to attend. EX -OFFICIO BOARD MEMBERS Chamber of Commerce Carol Artz STAFF MEMBERS Executive Director Fred Welch Marketing Manager Will Benson Manager, Business Retention & Expansion Karen Dickson Administrative Assistant Janice Vega Minutes of a Regular Meeting of December 15, 2003 Page 2 II. Monthly Financial Report: Executive Director Fred Welch gave an oral report and one was submitted to file. 111. Executive Director's Report: Report given during Item C under New Business regarding Buxton company. IV. Public Comments: None V. New Business A. Board member Helen Beckman made the motion, seconded by Secretary Lucy Stevener to excuse the absence of Board member Felicia Kyle from the Regular Meeting of November 24, 2003. Motion Passed: 5 — 0 Abstained: 1 B. Board member Steve Saboe made the motion, seconded by Secretary Lucy Stevener to remove from table — Proposal from the Buxton company for Community ID Retail Study. C. Board member Steve Saboe made the motion, seconded by Board member Ed Thompson to open for discussion the proposal from the Buxton company. Motion Passed: 6 — 0 Board member Steve Saboe made the motion, seconded by Board member Helen Beckman to table the item. Motion Passed: 6 — 0 D. PEDC Board of Directors Retreat set for Friday, January 16, 2004 from 12:00 to 6:00 p.m., at Golfcrest Country Club. VI. Other Business EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE A. Executive Session: Chairman Randy Ferguson adjourned the meeting at 8:39 p.m. to go into Executive Session to discuss Section 551.087 — Regarding Economic Development — Regarding Projects. New Business (continued) E. Projects: The Board reconvened into Open Session at 8:59 p.m. No action was taken. Minutes of a Regular Meeting of December 15, 2003 Page 3 VII. Adjournment: Board member Helen Beckman made the motion, seconded by Board member Ed Thompson to adjourn the meeting Motion Passed: 6 - 0 TIME: 8:59 p.m. Mi u es approved as submitted and/or corrected this c:)-3 Nd day of A.D., 2004. 'el- xx4��7� ndy Ferguson, pKairman ATTEST: C�A�Ak Jani� Vega, Administbative Assistant