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2009-06-01 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 MONDAY, JUNE 1, 2009 AT 7:00 P.M., 1ST FLOOR CONFERENCE ROOM, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. Call to order The meeting was called to order at 7:38 p.m. with the following present: BOARD MEMBERS Chairman George Sandars Vice Chairman Ed Thompson Secretary Lucy Stevener Board Member Gary Idoux STAFF MEMBERS Fred Welch Kyler Cole Ramon Lozano Janice Vega Minutes of a Special Meeting June 1, 2009 Page 2 Il. Executive Director's Report: Assistant Director Rambn Lozano gave a marketing update and reported on his upcoming TexasOne Recruitment mission to New York. III. Public Comments: None IV. New Business A. Remove from Table — Chamber Building Equipment: Board Member Gary Idoux made the motion, seconded by Secretary Lucy Stevener to remove from the table the Chamber Building Equipment. Motion Passed: 4 - 0 B. Chamber Building Equipment: Board Member Gary Idoux made the motion, seconded by Secretary Lucy Stevener to recommend use of the Hotel/Motel funds for the Chamber building equipment in the amount of $110,000.00. Motion Passed: 4 - 0 C. Consultant Agreement: Vice Chairman Ed Thompson made the motion, seconded by Board Member Gary Idoux to recommend approval of a consultant agreement with Gateway Planning for a development initiative for The Spectrum at Clear Creek; contingent upon a joint workshop with the City Council to ratify the scope of the project based on the contracted amount as recommended by staff. Motion Passed: 4 - 0 V. Other Business Executive Session Under Texas Government Code The meeting was adjourned to enter into Executive Session at 9:07 p.m. 1. Section 551.087 — Deliberations Regarding Economic Development Incentives The Board reconvened into Open Session at 9:50 p.m. New Business Continued: D. Economic Development Incentives — Prospect #0908: Board Member Gary Idoux made the motion, seconded by Vice Chairman Ed Thompson to approve a resolution to reimburse expenses for Project #0908 through private placement bonds. Motion Passed: 4 - 0 VI. Adjournment: Time: 9:51 p.m. Minutes approved as submitted and/or corrected this 2u (J day of .T-Ut4E: , A.D., 2009. ATTEST: George Sandars, Chairman ucy v e , Secre ary