2009-04-27 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, APRIL 27,
2009 AT 5:00 P.M., CONFERENCE ROOM, 2947 BROADWAY STREET, PEARLAND, TEXAS.
Call to order
The meeting was called to order at 5:02 p.m. with the following present:
BOARD MEMBERS
Chairman George Sandars
Vice Chairman Ed Thompson
Board Member Virgil Gant
Board Member Gary Idoux
Board Member David Stedman
Not in attendance: Due to a conflict in schedule, Secretary Lucy Stevener was unable to attend the
meeting.
EX -OFFICIO MEMBERS
Carol Artz Pearland Area Chamber of Commerce
STAFF MEMBERS
Fred Welch
Ramon Lozano
Janice Vega
Minutes of a Regular Meeting
April 27, 2009
Page 2
Approval of Minutes: Board Member Gary Idoux made the motion, seconded by Board Member
David Stedman to approve the minutes of the Regular Meeting of March 30, 2009.
Motion Passed: 4 — 0
BOARD MEMBER VIRGIL GANT ARRIVED AT THE MEETING AT 5:06 P.M.
III. Board Member Reports: Chairman George Sandars attended a conference for board members in
Chicago and the groundbreaking event for the natatorium. Vice Chairman Ed Thompson attended
the NBCEA breakfast and the natatorium groundbreaking. Board Member Virgil Gant also attended
the conference in Chicago. Board Member Gary Idoux attended the Chicago conference and the
NBCEA breakfast.
IV. Monthly Financial Report:
A. Financial Statement for the period ending March 31, 2009: Assistant Finance Director Rick
Overgaard gave the report.
B. Investment Report for the period ending March 31, 2009: Assistant Finance Director Rick
Overgaard gave the report.
V. Executive Director's Report: Assistant Director Rambn Lozano commented on the reception hosted
by PEDC at CoreNet in Dallas. Executive Director Fred Welch reported on the City Council and staff
retreat.
VI. Public Comments: Terrie Morgan, Executive Director of the Northern Brazoria County Education
Alliance, gave a quarterly update. Report submitted to file.
VII. New Business
A. Quarterly Update from the Pearland Area Chamber of Commerce: President Carol Artz gave a
report. Report submitted to file.
B. Marketing Update: Assistant Director Rambn Lozano commented on PEDC sponsored events —
Rice business plan competition and the NSTI VIP luncheon.
C. Budget Overview: Executive Director Fred Welch advised the board that they would have a draft
budget to present in June.
D. Strategic Plan Review: Executive Director Fred Welch presented the board with a draft of the
plan.
E. Development Coordinator Position: Board Member David Stedman made the motion, seconded
by Board Member Virgil Gant to authorize the Development Coordinator position and for the
Executive Director to proceed with filling the position in early 2010, contingent upon negotiations
regarding the full cooperation of the Executive Director in the hiring process and that the position
report to the Assistant City Manager and the Executive Director.
Motion Passed 5 - 0
F. Appointment: Board Member David Stedman made the motion, seconded by Board Member
Gary Idoux to appoint Vice Chairman Ed Thompson to the Northern Brazoria County Education
Alliance Board of Directors.
Motion Passed: 4 — 0
Abstained: 1