2008-03-24 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, MARCH 24, 2008 AT 5:00 P.M., 2ND FLOOR CONFERENCE ROOM, CITY HALL, 3519
LIBERTY DRIVE, PEARLAND, TEXAS. CITY COUNCIL MEMBERS MAY ALSO BE ATTENDING.
I. Call to order
The meeting was called to order at 5:03 p.m. with the following present:
(Board Member Katheleen Hartin arrived at 5:37 p.m.)
BOARD MEMBERS
Chairman George Sandars
Vice Chairman Ed Thompson
Secretary Lucy Stevener
Board Member Virgil Gant
Board Member Katheleen Hartin
Board Member Gary Idoux
Board Member David Stedman
EX -OFFICIO MEMBERS
City of Pearland Mayor Tom Reid
Chamber of Commerce Carol Artz
STAFF MEMBERS
Fred Welch
Gregg Albritton
Kyler Cole
Janice Vega
Minutes of a Regular Meeting
March 24, 2008
Page 2
Approval of Minutes: Vice Chairman Ed Thompson made the motion, seconded by Secretary Lucy
Stevener to approve the minutes of the Regular Meeting of February 25, 2008.
Motion Passed: 6 - 0
At the Chairman's request and the Board's concurrence, Items B, C and D under New Business were
moved up on the agenda.
B. Resolution: Vice Chairman Ed Thompson made the motion, seconded by Board Member David
Stedman to approve Resolution No. PEDC-R2008-01 — A Resolution of the Pearland Economic
Development Corporation of the City of Pearland, consenting to assignment and amendment of
certain agreements.
Motion Passed: 6 - 0
C. Engineering Services Agreement: Board Member Virgil Gant made the motion, seconded by
Board Member Gary Idoux to approve a proposed agreement for engineering services not to
exceed $18,600.00
Motion Passed: 6 - 0
D. Contract: Board Member Gary Idoux made the motion, seconded by Board Member David
Stedman to approve the contract with the Northern Brazoria County Education Alliance.
Motion Passed: 7 — 0
III. Board Member Reports: Vice Chairman Ed Thompson and Board Member David Stedman attended
Pearland Day in Austin.
IV. Monthly Financial Report
A. Reviewed and discussed Pearland Economic Development Corporation Financial Statements for
the period ending February 29, 2008.
V. Executive Director's Report: Executive Director Fred Welch commented on the following: tour at San
Jacinto College South with the Northern Brazoria County Education Alliance, the Friends of Scouting
Breakfast has been changed to April 23rd, upcoming CEO Roundtable, HAR, BioMedica and Broker
Day.
K
VI
Public Comments: President, Carol Artz, of the Pearland Area Chamber of Commerce commented
on the Mayor's State of the City luncheon and the upcoming Business Expo on April 3`d
Other Business
EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE
The meeting was adjourned to enter into Executive Session at 6:06 p.m.
1. SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC
DEVELOPMENT INCENTIVES.
The Board reconvened into Open Session at 6:32 p.m.
Minutes of a Regular Meeting
March 24, 2008
Page 3
VIII. New Business
A. Economic Development Incentives: No action was taken.
IX. Adjournment: Board Member Virgil Gant made the motion, seconded by Board Member
Katheleen Hartin.
Motion Passed: 7 — 0
Minutes approved as submitted
eel L— , A.D., 2008.
ATTEST
and/or corrected this . -."(3 T day of
George Sandars, Chairman