2009-01-19 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, JANUARY 19,
2009 AT 5:00 P.M., CONFERENCE ROOM, 2947 BROADWAY STREET, PEARLAND, TEXAS. CITY
COUNCIL MEMBERS MAY ALSO BE ATTENDING.
I. Call to order
The meeting was called to order at 5:04 p.m. with the following present:
BOARD MEMBERS
Chairman
Vice Chairman
Secretary
Board Member
Board Member
George Sandars
Ed Thompson
Lucy Stevener
Virgil Gant
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
STAFF MEMBERS
Fred Welch
Kyler Cole
Jenny Brannon
Janice Vega
FFB 2 5 7099
CITY SECRETARY
OFFICE
Bill Eisen
Minutes of a Regular Meeting
January 19, 2009
Page 2
At the Chairman's request and the Board's concurrence, Iteml under Other Business and
Item H under New Business were moved up on the agenda.
VIII. Other Business
EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE
The meeting was adjourned to enter into Executive Session at 5:05 p.m.
1. SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT
INCENTIVES
The Board reconvened into Open Session at 5:58 p.m.
VII. New Business
H. Discussion: City Engineer Narciso Lira gave an update on the proposed road infrastructure
Projects.
II. Approval of Minutes: Board Member Virgil Gant made the motion, seconded by Vice Chairman Ed
Thompson to approve the minutes of the Regular Meeting of December 15, 2008.
Motion Passed: 5 - 0
III. Board Member Reports: Chairman George Sandars attended the NBCEA breakfast and the meeting
regarding the HGAC Regional Airport Study. Vice Chairman Ed Thompson also attended the Airport
study meeting and the NBCEA breakfast. Board Member Virgil Gant attended the NBCEA breakfast
and a prospect meeting. Board Member Gary Idoux attended the Texas Transportation Forum in
Austin, TX, the HGAC Regional Airport Study meeting and the NBCEA breakfast.
IV. Monthly Financial Report: No report was given.
V. Executive Director's Report: Executive Director Fred Welch extended an invitation to the Board to
attend a special consultant's forum for board members sponsored by Area Development.
VI. Public Comments: None
VII. New Business - continued
A. Marketing Report: Griffin Integrated Marketing gave a presentation on completed projects for
2008.
B. Report: Chairman Mike O'Day and Executive Director Terrie Morgan gave an annual update
from the Northern Brazoria County Education Alliance.
VIII. Other Business — continued
The meeting was adjourned to enter into Executive Session at 7:30 p.m.
EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE
1. SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT
INCENTIVES
The meeting was adjourned to enter into Executive Session at 7:59 p.m.
Minutes of a Regular Meeting
January 19, 2009
Page 3
NEW BUSINESS CONTINUED:
C. Excused Absence: Board Member Gary Idoux made the motion, seconded by Secretary Lucy
Stevener to excuse the absence of Board Member David Stedman from the Regular Meeting of
November 24, 2008.
Motion Passed: 5 - 0
D. Excused Absence: Board Member Gary Idoux made the motion, seconded by Board Member
Virgil Gant to excuse the absence of Board Member Katheleen Hartin from the Regular Meetings
of November 24 and December 15, 2008.
Motion Passed: 5 - 0
E. Economic Development Incentives: Board Member Virgil Gant made the motion, seconded by
Secretary Lucy Stevener to advise Executive Director Fred Welch to offer an incentive grant to
Prospect #0902 in the amount of $110,000.00 contingent upon a relocation date no later that
September 2009.
Motion Passed: 5 - 0
F. Economic Development Incentives: Secretary Lucy Stevener made the motion, seconded by
Board Member Gary Idoux to approve a retention grant to Prospect #0905 in an amount not to
Exceed $36,000.00.
Motion Passed: 5 - 0
G. Budget Amendment: Board Member Virgil Gant made the motion, seconded by Board Member
Gary Idoux to amend the fiscal year 2009 budget to reflect additional appropriations for fiscal
year 2008 carryovers by $82,935.00.
Motion Passed: 5 - 0
I. Board Retreat Date: The proposed date will be February 13 and 14, 2009.
J. Incentive Policy: Item tabled
K. Update on Strategic Plan: Executive Director Fred Welch reported that the final copy should be
completed by the end of January, with a rollout of the plan in March.
L. Next Board Meeting: The next board meeting will take place just prior to the start of the board
retreat.
IX. Adjournment
Time: 8:14 p.m.
Mintes approved as submitted
i=ii k' W R I`' Y , A.D. , 2009.
ATTEST:
and/or corrected this i 1� j h day of
rdz�,,
G rge Sandars, Chairman
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