2005-05-16 PEARLAND ECONOMIC 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, MAY 16, 2005, 5:30 P.M., AT THE PEARLAND AREA CHAMBER OF
COMMERCE OFFICE, 3501 LIBERTY DRIVE, PEARLAND, TEXAS.
I. Call To Order
The meeting was called to order at 5:31 p.m. with the following present:
BOARD MEMBERS
Chairman
Secretary
Board member
Board member
Board member
Randy Ferguson
Lucy Stevener
Helen Beckman
George Sandars
Ed Thompson
Not in attendance: Due to a conflict in schedule, Board Members Felicia Kyle and Steve
Saboe were unable to attend the meeting.
EX -OFFICIO BOARD MEMBERS
Chamber of Commerce Carol Artz
City of Pearland Bill Eisen
Not in attendance: Due to a conflict in schedule, Ex -Officio Board Member Mayor Tom
Reid was unable to attend the meeting.
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
May 16, 2005
Page 2
II. Approval of Minutes: Board Member George Sandars made the motion, seconded by
Board Member Helen Beckman to approve the minutes of the Public Hearing of January
3, 2005, Special Meeting of February 11, 2005, Special Meeting of February 14, 2005,
Regular Meeting of March 28, 2005, and Special Meeting of April 14, 2005.
Motion Passed: 5 — 0
Ill. Board Member Reports: Board Member Helen Beckman attended the PEDC Annual
Broker Day.
IV. Monthly Financial Report: Executive Director Fred Welch gave an oral report and one
was submitted to file.
V. Executive Director's Report:
Quarterly report and benchmarks are attached.
Compliments to staff on the PEDC's Annual Broker Day event. Over 80 realtors and
brokers attended this year's event.
Will Benson and Janice Vega, along with Carol Artz and Gary Bucek, were in Houston
with the annual Houston Association of Realtors Conference. This event brings the entire
commercial real estate community in Houston together. A great deal of literature was
distributed.
Mayor Reid, Karen Dickson and myself attended the CoreNet Conference in Toronto
PEDC was recognized as a finalists selected for recognition in leadership and innovation
in economic development programs.
Mayor Reid, Will Benson, Carol Artz, Gary Bucek and myself will be attending the
International Council of Shopping Centers (ICSC) Conference in Las Vegas. Poag and
McEwen have set a number of appointments for visits by PEDC representatives with
potential lease companies for the lifestyle center in The Spectrum.
The bid schedule for the Kirby Road Extension has been published. City Council will
award a contract on June 6th
A joint workshop will be held on June 6 t between the PEDC Board, City Council and staff
to review the Bailey/Oiler Drive Project.
Karen Dickson will be attending a BRE Conference in early June. This is a national
organization made up of economic development professionals who specialize in local
business retention programs.
Will Benson and I will attend the Bio 2005 conference in Philadelphia in late June. PEDC
is participating with the State of Texas in sponsoring a state pavilion at the event. A new
marketing brochure for The Spectrum will be rolled out during this conference.
One item on today's agenda will be to discuss the Incentive Policy. We will look at our
existing incentive structure and see if we could put it into a more defined policy for
granting incentives.
Minutes of a Regular Meeting
May 16, 2005
Page 3
The PEDC hosted a check presentation reception for Alinson Door. The are up and
Operating.
The tax abatement for ShawCor has been approved by the city. Work is proceeding on
Construction of the new pipe coating facility along Knapp Road.
VI. Public Comments: None
VII. NEW BUSINESS
A. Quarterly Report: Carol Artz, President of the Pearland Area Chamber of
Commerce, gave a quarterly report. Report was submitted to file.
B. Policy for Economic Development Incentives: After discussions between the
Board and staff, it was decided that Chairman Randy Ferguson and Executive
Director Fred Welch will meet and further discuss a policy.
EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE - Postponed
SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT
INCENTIVES — Armor Edge Building.
NEW BUSINESS (Continued)
C. Economic Development Incentives for Armor Edge Building: No action was
taken.
VIII. Adjournment: Secretary Lucy Stevener made the motion, seconded by Board Member
Helen Beckman to adjourn the meeting.
Motion Passed: 5 - 0
Time: 6:10 p.m.
Minutes approved as submitted and/or corrected this day of
y , A.D., 2005.
Randy Ferguson, airma
ATTEST: 1
Janice Vega, Administra&4 Assistant