2005-11-21 PEARLAND ECONOMIC DEVELOPMENT CORPORATION REGULAR MEETING MINUTES7ES OF A REGULAR MEETING OF THE PEARLAND ECONOMIC DEVELOPN
ORATION ("PEDC") BOARD OF DIRECTORS OF THE CITY OF PEARLAND, TE
MONDAY, NOVEMBER 21, 2005, AT 5:00 P.M., 2ND FLOOR CONFERENCE R(
-IALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS.
Call To Order
The meeting was called to order at 5:03 p.m. with the following present:
BOARD MEMBERS
Chairman
Vice Chairman
Secretary
Board member
Board member
Board member
Board member
Randy Ferguson
Steve Saboe
Helen Beckman
Felicia Kyle
George Sandars
Lucy Stevener
Ed Thompson
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
Reid was unable to attend the meeting.
STAFF MEMBERS
Executive Director Fred Welch
)s of a Regular Meeting
nber 21, 2005
Approval of Minutes: Board member George Sandars made the motion, second(
Secretary Helen Beckman to approve the minutes of Public Hearing and Regular Me
of August 8, 2005; Special Meeting of September 13, 2005; Regular Meeting of Oc
3, 2005; Special Meeting of October 31, 2005.
Motion Passed: 7 — 0
Chairman's request and the Board's concurrence, Items C thru F under New
ess were moved up on the agenda.
C. CBL Presentation: Jeff Brewer with CBL gave a presentation on their proposed
project.
D. Global Entertainment: Rick Kozuback gave a presentation on their proposed jo
project with CBL.
E. Pearland Area Chamber of Commerce Contract: No action was taken.
F. Quarterly Report: Carol Artz, President of the Pearland Area Chamber of Comn
gave a report. Report submitted to file.
EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE
The meeting was adjourned to enter into Executive Session at 6:57 p.m.
1. Section 551.087 — Deliberations regarding Economic Development Incen
for Prospect #0508.
2. Section 551.087 — Deliberations regarding Economic Development Incen
for Prospect #0521.
The Board reconvened into Open Session at 7:53 p.m.
Monthly Financial Report: Executive Director Fred Welch gave an oral report ani
was submitted to file.
Executive Director's Report: There will not be a board meeting in December.
board will meet again in January for the board retreat.
�s of a Regular Meeting
nber 21, 2005
B. Excused Absence: Board Member George Sandars made the motion, seconder
Vice Chairman Steve Saboe to excuse the absence of Secretary Helen Beckman
Board Member Felicia Kyle from the Special Meeting of October 31, 2005.
Motion Passed: 5 — 0
Abstained: Helen Beckman and Felicia Kyle
G. Economic Development Incentives — Prospect #0508: Board Member Felicia
Kyle made the motion, seconded by Vice Chairman Steve Saboe to approve an
incentive grant in an amount of $166,000.00 for Prospect #0508.
Motion Passed: 7 — 0
H. Economic Development Incentives — Prospect #0521: Board Member Felicia
Kyle made the motion, seconded by Secretary Helen Beckman to deny the requ(
for economic development incentives for Prospect #0521.
Motion Passed: 6 — 0
Abstained: Steve Saboe
PEDC Board Retreat: Board Member George Sandars made the motion,
seconded by Board Member Felicia Kyle to set the date for the Annual PEDC I
Retreat for Friday, January 27, 2006, at 10:00 a.m.
Motion Passed: 7 - 0
Adjournment: Board Member Felicia Kyle made the motion, seconded by
Chairman Steve Saboe to adjourn the meeting.
Motion Passed: 7 — 0
es approved as submitted and/or
(l,l� , A.D., 2006.
corrected this S�