2006-01-30 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, JANUARY 30, 2006, AT 5:30 P.M., 2ND FLOOR CONFERENCE ROOM,
CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS.
I. Call To Order
The meeting was called to order at 5:33 p.m. with the following present:
BOARD MEMBERS
Chairman
Randy Ferguson
Secretary
Helen Beckman
Board member
Felicia Kyle
Board member
George Sandars
Board member
Lucy Stevener
Board member
Ed Thompson
EX -OFFICIO BOARD MEMBERS
Chamber of Commerce Carol Artz
City of Pearland Mayor Tom Reid
Not in attendance: Due to a conflict in schedule, Ex -Officio Board Member Bill Eisen
was unable to attend the meeting.
STAFF MEMBERS
Executive Director Fred Welch
Director, New Business
Development Will Benson
Office Coordinator Janice Vega
Minutes of a Regular Meeting
January 30, 2006
Page 2
II. Approval of Minutes: Secretary Helen Beckman made the motion, seconded by Board
Member Felicia Kyle to approve the minutes of the Regular Meeting of November 21,
2005, with corrections.
Motion Passed: 6 — 0
III. Board Member Reports: Secretary Helen Beckman and Board Members Lucy
Stevener, Felicia Kyle and Ed Thompson attend the Pearland Area Chamber of
Commerce Annual Banquet. Ed Thompson also attended the Greater Houston
Partnership Luncheon.
IV. Monthly Financial Report: Executive Director Fred Welch gave an oral report and one
was submitted to file.
V. Executive Director's Report: Fred Welch reported that a summary would be given to
the board by TIP Strategies on the results of the board retreat. Second interviews will be
conducted for Karen Dickson's replacement.
VI. Public Comments: None
VII. New Business
A. Pearland Area Chamber of Commerce Contract: Secretary Helen Beckman made
the motion, seconded by Board Member Lucy Stevener to approve the contract
between Pearland Economic Development Corporation and Pearland Area Chamber
of Commerce with noted changes for a 24 -month period, January 2006 through
December 2007.
EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE
The meeting was adjourned to enter into Executive Session at 6:11 p.m.
SECTION 551.087 — Deliberations regarding Economic Development
Incentives — Prospect #0523
The Board reconvened into Open Session at 6:42 p.m.
NEW BUSINESS (Continued)
B. Economic Development Incentives — Prospect #0523: Board Member George
Sandars made the motion, seconded by Secretary Helen Beckman to approve an
economic development incentive grant to Prospect #0523 in the amount of
$22,000.00 based upon the layout of a contract recommended by Executive
Director Fred Welch.
Motion Passed: 6 — 0
Minutes of a Regular Meeting
January 30, 2006
Page 3
C. Economic Development Incentive Policy: Board Member George Sandars made
the motion, seconded by Board Member Ed Thompson to table the item.
Motion Passed: 6 - 0
VIII. Adjournment: Board Member Ed Thompson made the motion, seconded by Board
Member George Sandars to adjourn the meeting.
Motion Passed: 6 — 0
Time: 6:48 p.m.
Minutes approved as submitted and/or corrected this lei day of
A.D., 2006.
Aandyf-sqd, Chairma
ATTEST:
Helen Beckman, Secretary