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2006-12-11 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, DECEMBER 11, 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 5:30 p.m. with the following present: BOARD MEMBERS Chairman Vice Chairman Secretary Board Member Randy Ferguson George Sandars Lucy Stevener Virgil Gant Board Member Gary Idoux Board Member Ed Thompson Not in attendance: Due to a conflict in schedule, Board Member Katheleen Hartin was unable to attend the meeting. EX -OFFICIO BOARD MEMBERS City of Pearland Bill Eisen Pearland Area Chamber of Commerce Carol Artz Not in attendance: Due to a conflict in schedule, Ex -Officio Board Member Mayor Tom Reid was unable to attend the meeting. STAFF MEMBERS Fred Welch Eric Gage Janice Vega Minutes of a Special Meeting December 11, 2006 Page 2 II. Old Business: Items under executive session were tabled at this time. EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE 1. SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT INCENTIVES — Prospect #0609 2. SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT INCENTIVES — Prospect #0615 A. Economic Development Incentives — Prospect #0609: No action was taken. B. Economic Development Incentives — Prospect #0615: No action was taken. III. New Business A. Board of Directors and Staff Retreat Date: No action was taken. II. Adjournment: Board Member Ed Thompson made the motion, seconded by Vice Chairman George Sandars to adjourn the meeting. Motion Passed: 6 - 0 Minutes approved as submitted and/or C , A.D., 2007. 1 corrected this z� ndy Ferguson, air day of