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2009-07-22 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, JUNE 22, 2009 AT 5:00 P.M., 2ND FLOOR CONFERENCE ROOM, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. I. Call to order The meeting was called to order at 5:04 p.m. with the following present: BOARD MEMBERS Chairman George Sandars Vice Chairman Ed Thompson Secretary Lucy Stevener Board Member Gary Idoux Not in attendance: Due to a conflict in schedule, Board Member David Stedman was unable to attend the meeting. EX -OFFICIO MEMBERS City of Pearland Bill Eisen STAFF MEMBERS Fred Welch Jenny Brannon Janice Vega SCANNED SEP p 8 2009 CITY SECRETARY OFFICE Minutes of a Regular Meeting June 22, 2009 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 April 27, 2009, Regular Meeting of May 11, 2009, Special Meeting of June 1, 2009, and the Special Meeting of June 8, 2009. Motion Passed: 4 - 0 III. Board Member Reports: Chairman George Sandars participated in a conference call regarding Prospect #0908. Vice Chairman Ed Thompson attended the NBCEA board meeting. IV. Executive Director's Report: Executive Director Fred Welch attended a budget review meeting with city staff. He also commented on the Hilton Garden Inn opening. V. Public Comments: None VI. New Business A. Excused Absence: Vice Chairman Ed Thompson made the motion, seconded by Board Member Gary Idoux to excuse the absence of Secretary Lucy Stevener from the Regular Meeting of April 27, 2009. Motion Passed: 3 — 0 Abstained: 1 B. Excused Absence: Secretary Lucy Stevener made the motion, seconded by Board Member Gary Idoux to excuse the absence of Board Member David Stedman from the Special Meetings of June 1, 2009 and June 8, 2009. Motion Passed: 4 — 0 VII. Other Business Executive Session Under Texas Government Code The meeting was adjourned to enter into Executive Session at 5:22 p.m. Section 551.087 — Deliberations Regarding Economic Development Incentives The Board reconvened into Open Session at 5:46 p.m. New Business Continued: C. Economic Development Incentives — Prospect #0908: No action was taken. VIII. Adjournment: Time: 5:47 p.m. Minu es approved as submitted and/or corrected this -,Z. l T N day of A.D., 2009. Q��fn eorge Sandars, Chairman ATTEST: Lu St ener, Secretary