2004-09-27 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, SEPTEMBER 27, 2004, 5:00 P.M., IN THE 2ND FLOOR CONFERENCE
ROOM, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS.
1. The meeting was called to order at 5:04 p.m. with the following present:
BOARD MEMBERS
Chairman
Secretary
Board member
Randy Ferguson
Lucy Stevener
Helen Beckman
Board member Felicia Kyle
Board member George Sandars
Board member Ed Thompson
Not in attendance: Due to a conflict in schedule, Board Member Steve Saboe was
unable to attend the meeting.
EX -OFFICIO BOARD MEMBERS
City of Pearland Bill Eisen
City of Pearland Mayor Tom Reid
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
September 27, 2004
Page 2
II. Approval of Minutes: Board Member Helen Beckman made the motion, seconded by
Secretary Lucy Stevener to approve the minutes of the Public Hearing of August 23,
2004.
Motion Passed: 6 - 0
Approval of Minutes: Secretary Lucy Stevener made the motion, seconded by Board
Member George Sandars to approve the minutes of the Regular Meeting of August 23,
2004.
Motion Passed: 6 — 0
111. Board Member Reports: Secretary Lucy Stevener and Board Member Helen Beckman
commented on their attendance at the Building Committee meeting and the CEO
Roundtable 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 minor adjustment has been made to our bond sale. There was an error in the
announcement for the public hearing that went into the paper, which requires PEDC to re-
publish and change the date of the public hearing. The error described the project as
commencing on the North side of Clear Creek instead of the South side where Kirby Road
now terminates. The bridge and work on the South side of Clear Creek have always been a
part of this project. In order to keep everything legal and above board, it was decided to cancel
the public hearing and special meeting on October 11 t'. A revised schedule is attached with
this memo, which shows the public hearing to be held on November 29, 2004 and a special
meeting for the actual bond sale on December 13, 2004.
We can still bid the project and award a contract prior to the sale of the bonds. We will be
ready to bid the project some time in late October, which would allow for bids to be opened in
November.
The PISD Board of Directors passed a resolution during their September 14, 2004 Board
meeting urging the PEDC to construct the Bailey/Oiler Extension from SH 35 to Veterans
Road. We have been awaiting a decision from City Council on what the road construction
plan will be along Magnolia/Southfork and County Road 101 (Bailey). PEDC cannot make a
decision on when to commence the project until after the city issues are resolved. Council is
scheduled to review and take action on part of the Magnolia/Southfork Road on September
27, 2004.
From my perspective, it would be easier to finish the initial work on Phase I of The Spectrum
next year and begin construction on the Bailey extension late in 2006. We have programmed
money in this year's budget to complete the design and engineering of the road extension and
get everything in place during 2005 to commence the project as early as fourth quarter 2006.
This also allows time for the sewer line extension along SH 35 to be completed and for land
use studies similar to what we did with The Spectrum to be completed, allowing us to better
target the right industry to move into that area of Pearland.
Minutes of a Regular Meeting of
September 27, 2004
Page 3
Public Hearing will be held on September 27, 2004 for the Third Coast Terminals tax
abatement.
Met with representatives from HCA on the tract of land they own at Shadow Creek Ranch. A
presentation was given to the HCA Board in Nashville September 25, 2004 on the Pearland
site.
The state of Texas sent out a large request for information on a Project Aardvark. This is a
pharmaceutical project.
Staff has done a tremendous job in coordination of events for the CEO Roundtable.
Building Committee — Lucy Stevener and Helen Beckman met with Chamber president Carol
Artz on September 3, 2004. A copy of the minutes is on file.
Upcoming Events:
Seed Banquet — The Economic Alliance Houston Port Region (formerly SEED) is holding
its annual banquet September 28, 2004. PEDC has a table for the event.
PEDC newsletter due out October 1, 2004.
TEDC Conference — The annual conference for Texas Economic Development Council will be
in Dallas September 29th through October 1st. Staff will be attending. ,
Chamber Retreat — The Chamber of Commerce annual retreat will be held October 27, 2004.
November 29, 2004 will be the public hearing on the bond sale and November meeting for
PEDC Board. December 13, 2004 will be the date for our Board meeting. During this meeting
the PEDC Board will take action on the sale of bonds for the Kirby Drive extension. Upon
favorable action by the Board the city council is scheduled to take similar action.
VI. Public Comments: Pearland Area Chamber of Commerce President Carol Artz
commented on the success of the Salute to Industry luncheon, which is co -hosted
between the Chamber and the PEDC. She also stated that the contract between the
Chamber and the PEDC would expire in November of 2004.
VII. New Business
A. Excused Absence: Board Member Helen Beckman made the motion, seconded by
Secretary Lucy Stevener to excuse the absence of Board Member Felicia Kyle from
the Public Hearing and Regular Meeting of August 23, 2004.
Motion Passed: 5 — 0
Abstained: Felicia Kyle
Minutes of a Regular Meeting of
September 27, 2004
Page 4
B. Approval of Resolution: Secretary Lucy Stevener made the motion, seconded by
Board Member George Sandars to approve a Resolution Authorizing Publication of
Notice of Public Hearing and Right to Petition and Authorizing Certain Other Matters
Relating Thereto.
Motion Passed: 6 - 0
C. Approval of Resolution: Secretary Lucy Stevener made the motion, seconded by
Board Member Felicia Kyle to approve a Resolution Supporting the 2004 Brazoria
County Mobility Bond Referendum to Provide Better Roads for the Future of our
Citizens.
Motion Passed: 6 - 0
VIII. Adjournment: Board Member George Sandars made the motion, seconded by Board
Member Ed Thompson to adjourn.
Motion Passed: 6 — 0
Time: 5:48 p.m.
Minutes approved as submitted and/or corrected this T If day of
, A.D., 2004.
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Janice Vega, Administra v Assistant