2004-04-26 PEARLAND ECONCOMIC DEVELOPMENT CORPORATION 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, APRIL 26, 2004, 5:30 P.M., IN THE 2ND FLOOR CONFERENCE ROOM, CITY HALL, 3519
LIBERTY DRIVE, PEARLAND, TEXAS.
I. CALL TO ORDER
The meeting was called to order at 5:32 p.m. with the following present:
BOARD MEMBERS
Chairman Randy Ferguson
Secretary Lucy Stevener
Board member Helen Beckman
Board member Felicia Kyle
Board member Ed Thompson
Not in attendance: Due to a conflict in schedule, Board members Steve Saboe and George
Sandars were unable to attend.
EX -OFFICIO BOARD MEMBERS
City of Pearland Mayor Tom Reid
City of Pearland Bill Eisen
Chamber of Commerce Carol Artz
STAFF MEMBERS
Executive Director
Fred Welch
Marketing Manager
Will Benson
Manager of Business
Retention and Expansion
Karen Dickson
Administrative Assistant
Janice Vega
Minutes of a Regular Meeting
April 26, 2004
Page 2
II. APPROVAL OF MINUTES: Board member Ed Thompson made the motion, seconded by Board
Member Felicia Kyle to approve the minutes of the Regular Meeting of March 22, 2004.
Motion Passed: 5 — 0
APPROVAL OF MINUTES: Board member Helen Beckman made the motion, seconded by
Secretary Lucy Stevener to approve the minutes of the Special Meeting of April 12, 2004.
Motion Passed: 5 - 0
III. BOARD MEMBER REPORTS: Board members Helen Beckman and Ed Thompson commented
on their attendance at the Business After Hours hosted by the PEDC. Secretary Lucy Stevener
commented on her attendance at the Chamber of Commerce Honors Luncheon.
IV. MONTHLY FINANCIAL REPORT: Executive Director Fred Welch gave an oral report and one was
submitted to file.
V. EXECUTIVE DIRECTOR'S REPORT
A workshop has been scheduled for May 10th for staff to review with the City Council the prospect of
redevelopment for the Old Village District in Pearland. The Town Center concept was one of the
recommendations coming from our Strategic Plan.
A delegation from the City of Pearland and PEDC met with officials of the Office of Economic
Development and Tourism in Austin to discuss The Spectrum and a large bio tech project that we
are working with the Office of the Governor.
A large crowd was present at the Business After Hours event held at Golfcrest on March 25th. The
purpose of the event was to unveil the strategic plan for PEDC to the community.
PEDC continues to meet with investors interested in starting construction for the Pearland
Community Hospital along SH35. The revised project now plans for a 40 -bed facility.
The Texas Economic Development Council held its quarterly board meeting at South Shore Harbor.
Staff was able to attend the conference, which included a legislative update on the Special Session
of the Texas Legislature for school finance.
The Houston Association of Realtors held their annual event in Houston on April 20th. PEDC staff
participated at the event to network with the commercial realtors and brokers who bring the majority
of our deals in commercial real estate to Pearland.
City Council approved the contract for final engineer and design of the Kirby Road extension at The
Spectrum. We have also received a favorable review from the Corps of Engineers, which will allow
the entire project to be constructed under a series of national permits.
Upcoming Events:
Will be meeting in Washington DC with key legislators on legislation at the Federal level affecting
the pharmaceutical and biotech industries on April 27-28.
The annual Industrial Broker Day is set for May 6th at Southwyck Golf Club.
CORENET Conference in Chicago May 15-18.
International Council of Shopping Centers in Las Vegas mid-May.
Bio 2004 in San Francisco June 6-9.
Minutes of a Regular Meeting
April 26, 2004
Page 3
Will Benson gave an update on The Spectrum.
Karen Dickson gave an update on expansion projects.
VI. PUBLIC COMMENTS: Carol Artz, President of the Pearland Area Chamber of Commerce gave a
quarterly report. Report submitted to file.
VII. OLD BUSINESS
A. Holiday Inn Express will receive their Certificate of Occupancy on April 27, 2004.
Vill. NEW BUSINESS
A. 2003/2004 Budget Amendment - Executive Director Fred Welch will be transferring funds from
Industry Recruitment into Marketing/Promotional.
IX. ADJOURNMENT: Board member Ed Thompson made the motion, seconded by Board member
Felicia Kyle to adjourn the meeting.
Motion Passed: 5 — 0
Time: 6:15 p.m.
Minutes approved as submitted
A.D., 2004.
and/or corrected this�L.. day of
ATTEST: '
�anlga, Administrativ Assistant