2005-02-14 PEARLAND ECONOMIC DEVELOPMENT CORPORATION 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, FEBRUARY 14, 2005, 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 5:35 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
George Sandars
Board member
Ed Thompson
EX -OFFICIO BOARD MEMBERS
City of Pearland Bill Eisen
Chamber of Commerce Carol Artz
STAFF MEMBERS
Executive Director
Marketing Manager
Administrative Assistant
Fred Welch
Will Benson
Janice Vega
Minutes of a Special Meeting
February 14, 2005
Page 2
With the Chairman's concurrence, Items B and C under New Business were moved
up on the agenda.
C. Resolution: Board Member George Sandars made the motion, seconded by Board
Member Helen Beckman to approve a Resolution authorizing the issuance of
$11,005,000 Pearland Economic Development Corporation Sales Tax Revenue and
Refunding Bonds, Series 2005; and containing other provisions related thereto.
B. Resolution: Board Member Helen Beckman made the motion, seconded by
Secretary Lucy Stevener to approve a Resolution authorizing an Amended and
Restated Agreement regarding the construction and maintenance of streets and roads
and drainage and related improvements.
Motion Passed: 7 - 0
II. FINANCIAL REPORT: Report was not available. Staff will mail a copy to the board.
III. EXECUTIVE DIRECTOR'S REPORT: No report was given.
IV. NEW BUSINESS
A. Chamber of Commerce Contract: Contract for Services between Pearland
Economic Development Corporation and Pearland Area Chamber of Commerce.
Secretary Lucy Stevener made the motion, seconded by Board Member Felicia Kyle
to table this item.
Motion Passed: 7 - 0
V. PUBLIC COMMENTS: None
VI. ADJOURNMENT: Board Member Felicia Kyle made the motion, seconded by Board
Member George Sandars to adjourn the meeting.
Motion Passed: 7 — 0
Minutes approved as submitted and/or
A.D., 2005.
corrected this 1 (0'4t , day of
andy Ferguson, dhairman 7 -
I
ATTEST: v
Janice V ga, Administrativ ' Assistant