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2005-06-06 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, JUNE 6, 2005, AT 6:45 P.M., 1ST FLOOR CONFERENCE ROOM, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. Call To Order The meeting was called to order at 7:38 p.m. with the following present: BOARD MEMBERS Secretary Board Member Board Member Board member Lucy Stevener Helen Beckman George Sandars Ed Thompson Not in attendance: Due to a conflict in schedule, Chairman Randy Ferguson and Board Members Felicia Kyle and Steve Saboe were unable to attend the meeting. EX -OFFICIO BOARD MEMBERS Chamber of Commerce Carol Artz Not in attendance: Due to a conflict in schedule, Ex -Officio Board Members Mayor Tom Reid and City Manager Bill Eisen were unable to attend the meeting. STAFF MEMBERS Executive Director Fred Welch Director, New Business Development Will Benson Manager, Business Retention & Expansion Karen Dickson Administrative Assistant Janice Vega Minutes of a Regular Meeting June 6, 2005 Page 2 II. Approval of Minutes: Board Member Ed Thompson made the motion, seconded by Board Member Helen Beckman to approve the minutes of the Regular Meeting of May 16, 2005 Motion Passed: 4 — 0 III. Board Member Reports: Board Members Helen Beckman and Ed Thompson attended the Salute to Industry meeting. IV. Monthly Financial Report: No report was given. V. Executive Director's Report: Karen Dickson attended a BRE conference in Nashville. Will Benson is working on a brochure that will be mailed out to approximately 2,200 companies to re -introduce The Spectrum at Clear Creek. A reception will be planned in late summer for the Kirby Road groundbreaking. Staff attended the ICSC Convention in Las Vegas. Fred Welch and Will Benson will be attending the BIO Show in Philadelphia in a couple of weeks. VI. Public Comments: Carol Artz, president of the Pearland Area Chamber of Commerce commented on her attendance at the ICSC Convention. VII. New Business A. Excused Absence: Board Member George Sandars made the motion, seconded by Secretary Lucy Stevener to excuse the absence of Board Members Felicia Kyle and Steve Saboe from the Regular Meeting of May 16, 2005. Motion Passed: 4 - 0 EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE The meeting was adjourned to enter into Executive Session at 7:45 p.m. 1. Section 551.087 — Deliberations regarding Economic Development Incentives For First Impression Sign and Design. 2. Section 551.087 — Deliberations regarding Economic Development Incentives - General Discussion The Board reconvened into Open Session at 8:07 p.m. Minutes of a Regular Meeting June 6, 2005 Page 3 NEW BUSINESS (Continued) B. Economic Development Incentives for First Impression Sign and Design: Board Member Helen Beckman made the motion, seconded by Board Member Ed Thompson to approve an incentive grant in the amount of $20,000.00 to First Impression Sign and Design for relocation expenses, contingent upon receipt of the Certificate of Occupancy. Motion Passed: 4 — 0 C. Economic Development Incentives — General Discussion: No action was taken D. Bailey/Oiler Drive Project: No action was taken. E. Resolution for Texas Transportation Commission: Board Member Ed Thompson Made the motion, seconded by Board Member George Sandars to approve Resolution No. PEDC-R2005-02 supporting the efforts by the Texas Transportation Commission to address improvements to the SH 36 Corridor. Motion Passed: 4 - 0 VIII. Adjournment: Board Member Ed Thompson made the motion, seconded by Board Member George Sandars to adjourn the meeting. Motion Passed: 4 - 0 Time: 8:10 p.m. Minut approved as submitted and/or A.D., 2005. corrected this �'5 day of Randy Ferguson, Cla6rman ATTEST: Janlr Vega, Administiltive Assistant MINUTES OF A SPECIAL MEETING OF THE PEARLAND ECONOMIC DEVELOPMENT CORPORATION ("PEDC") BOARD OF DIRECTORS OF THE CITY OF PEARLAND, TEXAS, HELD MONDAY, JUNE 6, 2005, 6:00 P.M., IN THE COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. I. Call To Order BOARD MEMBERS Secretary Board Member Board Member Lucy Stevener Helen Beckman Steve Saboe Board Member George Sandars Board Member Ed Thompson Not in attendance: Due to a conflict in schedule, Chairman Randy Ferguson and Board Member Felicia Kyle were unable to attend the meeting. EX -OFFICIO BOARD MEMBERS Chamber of Commerce Carol Artz City of Pearland Bill Eisen City of Pearland Mayor Tom Reid STAFF MEMBERS Executive Director Fred Welch Director, New Business Development Will Benson Manager, Business Retention & Expansion Karen Dickson Administrative Assistant Janice Vega Minutes of a Special Meeting June 6, 2005 Page 2 II. PURPOSE OF THE MEETING: 1. RESOLUTION NO. PEDC-R2005-01: Board Member Helen Beckman made the motion, seconded by Board Member George Sandars to a approve Resolution No. PEDC-R2005-01 to award a bid for construction services associated with the Kirby Drive Extension Project. IV. ADJOURNMENT: Board Member George Sandars made the motion, seconded by Board Member Helen Beckman to adjourn the meeting. Motion Passed: 5 — 0 Time: 6:10 p.m. Minutes a proved as submitted and/or A.D., 2005. corrected this >2 S t�k day of v: Randy Ferguson, Zhairman ATTEST: _ Janico Vega, AdministritiVe Assistant