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2008-11-24 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, NOVEMBER 24, 2008 AT 5:00 P.M., ENGINEERING DEPARTMENT CONFERENCE ROOM, CITY HALL COMMUNITY CENTER, 3523 LIBERTY DRIVE, PEARLAND, TEXAS. I. Call to order The meeting was called to order at 5:08 p.m. with the following present: BOARD MEMBERS Chairman George Sandars Vice Chairman Ed Thompson Secretary Lucy Stevener Board Member Virgil Gant Board Member Gary Idoux Not in attendance: Due to a conflict in schedule, Board Members Katheleen Hartin and David Stedman were unable to attend the meeting. EX -OFFICIO MEMBERS City of Pearland Bill Eisen Chamber of Commerce Carol Artz STAFF MEMBERS Fred Welch Kyler Cole Janice Vega �r LOJAN 27 2009 CITY OF PEARLAND CITY SECRETARY'S OFFICE Minutes of a Regular Meeting November 24, 2008 Page 2 Approval of Minutes: Board Member Virgil Gant made the motion, seconded by Board Member Gary Idoux to approve the minutes of the Regular Meeting of September 22, 2008. Motion Passed: 5 - 0 III. Board Member Reports: Chairman George Sandars attended the ZT groundbreaking event, a meeting between the City of Pearland and landowners on Business Center Drive, and the Chamber of Commerce monthly luncheon. Vice Chairman Ed Thompson attended the Chamber of Commerce monthly luncheon and an interview with AngelouEconomics. Secretary Lucy Stevener attended the Chamber of Commerce monthly and Pearland State Bank's holiday open house. Board Member Virgil Gant attended the ZT groundbreaking event, the Chamber of Commerce monthly luncheon and Pearland State Bank's holiday open house. Board Member Gary Idoux attended the Chamber of Commerce monthly luncheon, ZT groundbreaking event and an interview with AngelouEconomics. IV. Monthly Financial Report: Director of Finance Claire Bogard gave a report for the period ending September 30, 2008. V. Executive Director's Report: Executive Director Fred Welch gave a brief update on the progress being made by AngelouEconomics for the strategic plan. VI. Public Comments: State Representative Mike O'Day thanked the Board of Directors for their action regarding the business disaster grants. VII. New Business A. Chamber of Commerce Quarterly Report: President Carol Artz gave an update on activities. Report submitted to file. B. Pearland Area Chamber of Commerce Business Retention and Marketing Plan: Vice Chairman Ed Thompson made the motion, seconded by Board Member Gary Idoux to table the item until the next meeting. Motion Passed: 5 — 0 C. Northern Brazoria County Education Alliance Contract: Vice Chairman Ed Thompson made the motion, seconded by Board Member Virgil Gant to amend the contract to $240,000.00 per year and to include a $50,000.00 matching challenging grant. D. Request for Proposal — Land Use Study: Vice Chairman Ed Thompson made the motion, seconded by Secretary Lucy Stevener to advise staff to move forward with a Request for Proposal for the land use study. Motion Passed: 5 - 0 E. Historic Street Signs for Old Town Site: Board Member Gary Idoux made the motion, seconded by Vice Chairman Ed Thompson to approve the purchase of historic street signs for Old Town Site. Motion Passed: 4 — 0 Abstained: 1 F. Amend the PEDC 2008/2009 Budget: Vice Chairman Ed Thompson made the motion, seconded by Board Member Gary Idoux to amend the 2008/2009 budget to transfer funds for Item E. Motion Passed: 4 — 0 Abstained: 1 Minutes of a Regular Meeting November 24, 2008 Page 3 VIII. Other Business EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE The meeting was adjourned to enter into Executive Session at 6:35 p.m. 1. Section 551.087 — Deliberations Regarding Economic Development Incentives The Board reconvened into Open Session at 8:10 p.m. New Business - Continued G. Water and Sewer Study — The Spectrum at Clear Creek: Vice Chairman made the motion seconded by Secretary Lucy Stevener to table the item for a later date. Motion Passed: 5 - 0 H. Economic Development Incentives - Prospect #0715: No action was taken. I. Economic Development Incentives — Prospect #0727: No action was taken. J. Economic Development Incentives — Prospect #0815: No action was taken. K. Economic Development Incentives — Prospect #0817: No action was taken. IX. Adjournment: Vice Chairman made the motion, seconded by Board Member Gary Idoux to Adjourn the meeting. Motion Passed: 5 — 0 Time: 8:11 p.m. Minutes approved as submitted and/or 6LCA—' e� (�L1- , A.D., 2008. ATTEST: ner, Secretary corrected this ° J 11A day of George Sandars, Chairman