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2007-07-09 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, JULY 9, 2007, AT 6:00 P.M., COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. Call to Order The meeting was called to order at 6:15 p.m. with the following present: BOARD MEMBERS Chairman Randy Ferguson Vice Chairman George Sandars Secretary Lucy Stevener Board Member Virgil Gant Board Member Katheleen Hartin Board Member Gary Idoux Board Member Ed Thompson STAFF MEMBERS Fred Welch Gregg Albritton Minutes of a Special Meeting July 9, 2007 Page 2 II. Purpose of the Meeting: EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE The meeting was adjourned to enter into Executive Session at 6:18 p.m. 1. Section 551.087 — Regarding Economic Development Negotiations. NEW BUSINESS: 1. Economic Development Negotiations — No action was taken. III. Adjournment: Vice Chairman George Sandars made the motion, seconded by Board Member Gary Idoux to adjourn the meeting. Motion Passed: 7 — 0 Time: 7:18 p.m. Minute, I approved as submitted and/or corrected this--_, ti, day of x A,-- , A.D., 2007. _ Fergusgrr, Chairman JAW