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2007-08-21 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 TUESDAY, AUGUST 21, 2007, AT 6:30 P.M., COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. Call to Order The meeting was called to order at 7:24 p.m. with the following present: BOARD MEMBERS Vice Chairman George Sandars Secretary Lucy Stevener Board Member Katheleen Hartin Board Member Gary Idoux Board Member Ed Thompson Not in attendance: Due to a conflict in schedule, Chairman Randy Ferguson and Board member Virgil Gant were unable to attend. STAFF MEMBERS Fred Welch Gregg Albritton Minutes of a Special Meeting August 21, 2007 Page 2 II. Purpose of the Meeting: EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE The meeting was adjourned to enter into Executive Session at 7:25 p.m. 1. Section 551.087 — Regarding Economic Development Negotiations. The meeting reconvened into open session at 8:32 p.m. NEW BUSINESS: 1. Economic Development Negotiations — No action was taken. III. Adjournment: The meeting was adjourned at 8:33 pm. Minutes approved as submitted and/or corrected th' TIi day of �5CP TL: IkJL EEC �n A.D., 2007. ndy Fergusory�Chairman ATTEST: Lucy eves er, Secretary