2007-05-14 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, MAY 14, 2007, AT 5:00 P.M., 2ND FLOOR CONFERENCE ROOM, CITY HALL, 3519 LIBERTY
DRIVE, PEARLAND, TEXAS.
I. Call to Order
The meeting was called to order at 5:06 p.m. with the following present:
BOARD MEMBERS
Chairman
Randy Ferguson
Vice Chairman
George Sandars
Secretary
Lucy Stevener
Board Member
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
Chamber of Commerce Carol Artz
STAFF MEMBERS
Fred Welch
Gregg Albritton
Eric Gage
Minutes of a Regular Meeting
May 14, 2007
Page 2
II. Approval of Minutes: Vice Chairman George Sandars made the motion, seconded by Board
Member Virgil Gant to approve the minutes of the Regular Meeting of March 26, 2007.
Motion Passed: 6 - 0
III. Board Member Reports: Vice Chairman George Sandars and Secretary Lucy Stevener attended
the CBL groundbreaking ceremony.
IV. Monthly Financial Report: Reviewed and discussed Pearland Economic Development Corporation
Financial Reports for the period ending February 28, 2007 and March 31, 2007.
V. Executive Director's Report: Executive Director Fred Welch gave a brief projects update.
VI. Public Comments: None
VII. Other Business
EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE
The meeting was adjourned to enter into Executive Session at 5:41 p.m.
1. SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT
INCENTIVES.
The Board reconvened into Open Session at 6:14 p.m.
VIII. New Business
A. Excused Absence: Vice Chairman George Sandars made the motion, seconded by Board
Member Gary Idoux to excuse the absence of Board Member Ed Thompson from the Regular
Meeting of March 26, 2007.
Motion Passed: 6 - 0
B. Economic Development Incentives: No action was taken.
C. Quarterly Report: Pearland Area Chamber of Commerce President Carol Artz gave a quarterly
report.
D. Work Plan: Executive Director Fred Welch gave an update on the staff work plan.
IX. Adjournment: Board Member Virgil Gant made the motion, seconded by Board Member Ed
Thompson to adjourn the meeting.
Motion Passed: 6 — 0
Time: 6:22 p.m.
Minapproved as submitted and/or corrected this
A.D., 2007.
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