2006-04-17 CITY COUNCIL SPECIAL MEETING MINUTESMINUTES OF A SPECIAL MEETING OF THE CITY COUNCIL OF THE CITY OF
PEARLAND, TEXAS, HELD ON APRIL 17, 2006, AT 6:15 P.M., IN THE COUNCIL
CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS.
Mayor Reid called the meeting to order at 6:15 p.m. with the following present:
Mayor
Mayor Pro -Tem
Councilmember
Councilmember
Councilmember
Councilmember
City Manager
City Attorney
City Secretary
Tom Reid
Kevin Cole
Richard Tetens
Woody Owens
Larry Marcott
Steve Saboe
Bill Eisen
Darrin Coker
Young Lorfing
Others in attendance: Assistant City Manager Nick Finan; Assistant City Manager Mike
Hodge; Director of Finance Claire Manthei; and Executive Director of Economic
Development Fred Welch.
PURPOSE OF THE MEETING:
NEW BUSINESS
COUNCIL ACTION — RESOLUTION NO. R2006-47 — A RESOLUTION OF THE CITY
COUNCIL OF THE CITY OF PEARLAND, TEXAS, AUTHORIZING PUBLICATION OF
NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION IN A
PRINCIPAL AMOUNT NOT TO EXCEED $4,500,000 FOR THE ACQUISITION,
CONSTRUCTION AND IMPROVEMENT OF CERTAIN PUBLIC WORKS,
AUTHORIZING DISTRIBUTION OF A PRELIMINARY OFFICIAL STATEMENT
RELATING TO SUCH CERTIFICATES AND AUTHORIZING CERTAIN OTHER
MATTERS RELATING THERETO. Mr. Bill Eisen, City Manager.
Councilmember Tetens made the motion, seconded by Councilmember Marcott, to
approve Resolution No. R2006-47.
City Manager Bill Eisen stated the Council has had an opportunity to discuss the
Resolution in several recent Workshops. Executive Director of Economic Development
Fred Welch stated the Pearland Economic Development Corporation Board of Directors
will take formal action to pay for the over -sizing of the conveyance portion of the project.
Councilmember Owens asked if there is a schedule for when the project will be started.
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City Manager Bill Eisen stated a schedule has not been established at this time. The
action this evening is a notice of intent, which is required to issue Certificates of
Obligation. If the item is approved, there will be a two-week advertising period where
persons can petition for the City to not do the project.
Brief discussion ensued between Council, City Manager Bill Eisen, and Executive
Director of Economic Development Fred Welch regarding the project.
Rick Witte, Andrews Kurth LLP, stated by approving the Resolution, Council will be
authorizing the State -required publications for the two-week period previously
mentioned by City Manager Bill Eisen. The actual sale for the financing is scheduled for
May 8, 2006.
Councilmember Owens asked that with the projections for the sell of the bonds, have
future increases to costs been considered.
City Manager Bill Eisen stated that models have been run that make assumptions to this
sale and future sales. Copies of the models can be provided to Council.
Voting "Aye" Councilmembers Tetens, Owens, Cole, Marcott, and Saboe.
Voting "No" None.
Motion Passed 5 to 0.
Mayor Reid called for a recess at 6:25 p.m.
Mayor Reid called the meeting back to order at 7:38 p.m.
OTHER BUSINESS:
Council adjourned into Executive Session under Texas Government Code at 7:40 p.m.
to discuss the following:
EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE
I. SECTION 551.074— PERSONNEL MATTERS —ANNUAL EVALUATION OF
THE CITY MANAGER. City Council.
2. SECTION 551.072 — REAL PROPERTY: DISCUSSION REGARDING THE
SALE, LEASE, PURCHASE, OR EXCHANGE OF REAL PROPERTY — CITY
FACILITIES. Mr. Bill Eisen, City Manager.
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NEW BUSINESS (CONTINUED):
Council returned from Executive Session at 11:29 p.m.
COUNCIL ACTION — REGARDING ANNUAL EVALUATION OF THE CITY MANAGER.
City Council.
No action taken by Council.
COUNCIL ACTION — REGARDING THE SALE, LEASE, PURCHASE, OR EXCHANGE
OF REAL PROPERTY — CITY FACILITIES. City Council.
No action taken by Council.
ADJOURNMENT
Meeting was adjourned at 11:30 p.m.
Minutes approved as submitted and/or corrected this the 24th day of April, A.D., 2006.
"Yry —L
Tom Reid
Mayor
ATTEST:
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