2006-03-20 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, MARCH 20, 2006 AT 7:00 P.M., 1ST FLOOR CONFERENCE ROOM, CITY
HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS.
I. Call to order
The meeting was called to order 7:04 p.m. with the following present:
BOARD MEMBERS
Chairman Randy Ferguson
Secretary Helen Beckman
Board member Gary Idoux
Board member
Felicia Kyle
Board member
George Sandars
Board member
Lucy Stevener
Board member
Ed Thompson
EX -OFFICIO BOARD MEMBERS
City of Pearland Bill Eisen
Not in attendance: Due to a conflict in schedule, Ex -Officio Board Members Mayor Tom
Reid and Carol Artz were unable to attend the meeting.
STAFF MEMBERS
Executive Director Fred Welch
Minutes of a Special Meeting
March 20, 2006
Page 2
II. Monthly Financial Report: Executive Director Fred Welch gave an updated financial
report.
III. NEW BUSINESS
A. Regional Detention — The Spectrum: The Board discussed reimbursement for
purchases from the regional detention on a prorated basis.
B. Economic Development Incentive Policy: Secretary Helen Beckman made the
motion, seconded by Board Member Felicia Kyle to remove from table.
Motion Passed: 7 — 0
Secretary Helen Beckman made the motion, seconded by Board Member Ed
Thompson to accept and adopt the Economic Development Incentive Policy with
noted corrections.
Motion Passed: 7 - 0
EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE
1. SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC
DEVELOPMENT INCENTIVES
NEW BUSINESS (Continued)
C. Economic Development Incentives: No action taken.
IV. Adjournment: Board Member George Sandars made the motion, seconded by Board
Member Ed Thompson to adjourn the meeting.
Motion Passed:
Time: 6:02 p.m.
Minutes approved as submitted and/or
A.D., 2006.
ATTEST:
corrected this day of
Helen Beckman, Secretary