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2003-08-04 PEARLAND ECONCOMIC DEVELOPMENT CORPORATION BOARD SPECIAL MEETING MINUTESMINUTES OF A SPECIAL MEETING OF THE PEARLAND ECONOMIC DEVELOPMENT CORPORATION ("PEDC") BOARD OF DIRECTORS OF THE CITY OF PEARLAND, TEXAS, HELD MONDAY, AUGUST 4, 2003 AT 5:30 P.M. IN THE COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. I. The meeting was called to order at 6:00 p.m. with the following present: BOARD MEMBERS Chairman Vice Chairman Board member Board member Dennis Frauenberger Randy Ferguson Felicia Kyle Steve Saboe Not in attendance: Due to a conflict in schedule Secretary Lucy Stevener, Board Members George Sandars and Helen Beckman were unable to attend. STAFF MEMBERS Executive Director Fred Welch Marketing Manager Will Benson Administrative Assistant Janice Vega Minutes of Special Meeting of August 4, 2003 Page 2 II. Public Comments - None III. Old Business A. PEDC Budget — After a brief discussion, Board Member Steve Saboe made the motion, seconded by Vice Chairman Randy Ferguson to approve the PEDC Annual Budget for FY 2003/2004. Motion Passed: 4 — 0 IV. Adjournment — Board Member Steve Saboe made the motion, seconded by Chairman Dennis Frauenberger to adjourn the meeting. Motion Passed: 4 - 0 Time: 6:06 p.m. Minut approved ,as submitted and/or corrected s day of 4 , A.D., 2003 P76 n is Frauenber , Chairman ATTEST: , Jani a Vega, Administr ive Assistant J