2005-10-03 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, OCTOBER 3, 2005, AT 4:30 P.M., 1ST FLOOR CONFERENCE ROOM, CITY
HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS.
1. Call To Order
The meeting was called to order at 4:35 p.m. with the following present:
BOARD MEMBERS
Chairman
Vice Chairman
Secretary
Randy Ferguson
Steve Saboe
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 Lucy Stevener was
unable to attend the meeting.
STAFF MEMBERS
Executive Director Fred Welch
Director, New Business
Development Will Benson
Manager, Business
Retention and Expansion Karen Dickson
Administrative Assistant Janice Vega
Minutes of a Regular Meeting
October 3, 2005
Page 2
II. Board Member Reports:
Secretary Helen Beckman — Chamber of Commerce Luncheon, Westside Event Center,
Salute to Industry Luncheon, Unified Code Presentation
Board Member George Sandars — Unified Code Presentation
Board Member Ed Thompson — Salute to Industry Luncheon
Vice Chairman Steve Saboe — Salute to Industry Luncheon, Unified Code Presentation
III. Monthly Financial Report: No report was given
IV. Executive Director's Report:
The Texas Economic Development Council will hold its annual meeting in San Antonio
October 5-7. Additionally, the month of October has events with the Southern Economic
Development Council which staff will participate.
October 12, 2005 is the groundbreaking for The Spectrum. The event will be held at the
corner of Beltway 8 and Kirby Drive. The time is 10:30 a.m. to noon. Speeches will
commence at 11:00 a.m., with lunch served immediately following.
October 27-28, 2005 the firm of Poag & McEwen has invited the PEDC board and guests
to a grand opening event at Centerra lifestyle center in Loveland, CO.
An elected officials reception is being planned for the evening of October 13th by the
Pearland Area Chamber of Commerce. The reception will be held at Strickland Chevrolet
in Pearland from 7:00 pm. To 9:00 p.m.
On Friday, October 14th, a groundbreaking event is scheduled for the Medical Commons
of Pearland. This facility is two buildings that total approximately 90,000 sq. feet. They
will house an outpatient surgical center, imaging center and medical office space.
V. Public Comments: None
VI. New Business
A. Excused Absence: Vice Chairman Steve Saboe made the motion, seconded by
Secretary Helen Beckman to excuse the absence of Board Members Lucy Stevener
and Felicia Kyle from the Workshop and Special Meeting of September 13, 2005.
Motion Passed: 5 - 0
With the Chairman's concurrence, Items C, D and E under New Business were moved up
on the agenda.
C. Joint Workshop with the Pearland Independent School District Board: Executive
Director Fred Welch will arrange the joint workshop on November 1 St, November 151H
or November 29tH
Minutes of a Regular Meeting
October 3, 2005
Page 3
D. Feasibility Study for Regional Detention — The Spectrum at Clear Creek: City
Manager Bill Eisen advised the Board that City Council has decided to move forward
with the study.
E. PEDC Board Retreat: Executive Director Fred Welch will advise the Board of
tentative dates the first part of January 2006 for the PEDC Annual Retreat.
EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE
The meeting was adjourned to enter into Executive Session at 5:04 p.m.
1. Section 551.087 — Deliberations regarding Economic Development Incentives
For First Impression Sign and Design.
The Board reconvened into Open Session at 5:39 p.m.
B. Economic Development Incentives — WalkerCom: Board Member Ed Thompson
made the motion, seconded by Board Member Felicia Kyle to approve an incentive
grant, in an amount equal to $50,000.00 payable in four equal installments.
Twenty-five percent will be payable upon receipt of permanent Certificate of
Occupancy, twenty-five percent will be payable in three semi-annual installments
based upon proof of satisfactory employment and continued presence of the
corporate office in Pearland, Texas.
VII. Adjournment: Board Member Ed Thompson made the motion, seconded by Board
Member George Sandars to adjourn the meeting.
Motion Passed: 6 — 0
Time: 5:45 p.m.
Min tes appr ved as submitted and/or corrected this day of
int,�l , A.D., 2005.
Randy Ferguson, Chairman
ATTEST:
Helen Beckman, Secretary