2005-10-31 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, OCTOBER 31, 2005, AT 5:00 P.M., 2nd FLOOR CONFERENCE ROOM,
CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS.
I. Call To Order
The meeting was called to order at 5:07 p.m. with the following present:
BOARD MEMBERS
Chairman Randy Ferguson
Vice Chairman Steve Saboe
Board member George Sandars
Board member Lucy Stevener
Board member Ed Thompson
Not in attendance: Due to a conflict in schedule, Secretary Helen Beckman and Board
Member Felicia Kyle were unable to attend the meeting.
EX -OFFICIO MEMBERS
Bill Eisen
City of Pearland
Not in attendance: Due to a conflict in schedule, Ex -Officio Members Tom Reid and
Carol Artz were unable to attend.
STAFF MEMBERS
Executive Director
Manager, Business
Retention and Expansion
Fred Welch
Karen Dickson
Administrative Assistant Janice Vega
Minutes of a Special Meeting
October 31, 2005
Page 2
II. Feasibility Study for Project #0505: Board Member George Sandars made the motion,
seconded by Board Member Lucy Stevener to approve funding a retail study for Project
#0505 in the amount of $38,000.00. The motion was amended to include a
reimbursement clause.
Motion Failed: 2 — 2
Abstained: 1
III. Use of Hotel/Motel Funds for a Feasibility Study for Project #0505: No action was
taken.
IV. Adjournment: Board Member George Sandars made the motion, seconded by Board
Member Ed Thompson to adjourn the meeting.
Motion Passed: 5 — 0
Time: 6:02 p.m.
Min tes approved as submitted and/or corrected this ` day of
'()"t_�l�-t,� , A.D., 2005.
P)Ody Ferguson, dhairman
ATTEST:
Helen Beckman, Secretary