2011-01-26 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 TO BE HELD WEDNESDAY, JANUARY 26, 2011, 5:00 P.M., BOARD ROOM,
PEDC OFFICE, 1200 PEARLAND PARKWAY, SUITE 200, PEARLAND, TEXAS.
I. Call to Order
The meeting was called to order at 5:03 p.m.
BOARD MEMBERS
President Charles Gooden, Jr.
Vice President Gary Idoux
Secretary Lucy Stevener
Board Member Jim Burnett
Board Member Rushi Patel
Due to a conflict, Board Member Mike O'Day was unable to attend the meeting.
EX- OFFICIO MEMBERS
City of Pearland
Pearland Chamber of Commerce
STAFF MEMBERS
Matt Buchanan
Ramon Lozano
Kyler Cole
Jenny Johnson
Janice Vega
CITY OF PEARLAND STAFF MEMBERS
Claire Bogard
Nghiem Doan
Mayor Tom Reid
Carol Artz
Minutes of a Regular Meeting
January 26, 2011
Page 2
II. Approval of Minutes: Vice President Idoux made the motion, seconded by Secretary Stevener to approve the
minutes of the Regular Meeting of December 9, 2010.
Motion Passed: 5 0
III. Public Comments: None
IV. Financial Report
V. New Business
A. Monthly Financial Report ending November 30, 2010: Director of Finance Claire Bogard gave a
summary of the report.
A. Excused Absence: Vice President Idoux made the motion, seconded by Secretary Stevener to excuse
the absence of Board Member O'Day from the Regular Meeting of December 9, 2010.
Motion Passed: 5 0
B. Pearland Chamber of Commerce Quarterly Report: President Carol Artz -Bucek gave a summary of
the report. Report submitted to file. Gary Bucek was present and announced that he has been hired
as the Business Consultant for the San Jacinto College Small Business Development Center.
C. PEDC Second Amended Corporate Bylaws: Vice President Idoux made the motion, seconded by
Board Member Patel to approve the second amended corporate bylaws as presented by staff.
Motion Passed: 5 0
D. Monthly Activity Report: Executive Director Buchanan summarized ongoing activity. Report
submitted to file.
The meeting temporarily adjourned at 6:08 p.m.
The meeting reconvened at 6:24 p.m.
VI. Other Business
Executive Session Under Texas Government Code
The meeting was adjourned to enter into Executive Session at 6:24 p.m.
1. Section 551.087 Deliberations Regarding Economic Development Negotiations Update on
Business Attraction /Retention Projects
2. Section 551.087 Deliberations Regarding Economic Development Negotiations Prospect
#1101
3. Section 551.087 Deliberations Regarding Economic Development Negotiations Prospect
#0911
4. Section 551.087 Deliberations Regarding Economic Development Negotiations Prospect
#0727
5. Section 551.087 Deliberations Regarding Economic Development Negotiations Prospect
#0821
Minutes of a Regular Meeting
January 26, 2011
Page 3
2011.
The Board reconvened into Open Session at 8:18 p.m.
New Business Continued:
E. Economic Development Negotiations Business Attraction /Retention Projects: No action was taken.
F. Economic Development Negotiations Prospect #1101: No action was taken.
G. Economic Development Negotiations Prospect #0911: No action was taken.
H. Economic Development Negotiations Prospect #0727: Board Member Burnett made the motion,
seconded by Board Member Patel to approve the Executive Director to enter into the agreement and
contract negotiations with Prospect #0727.
Motion Passed: 4 0
Abstained: 1- Idoux
I. Economic Development Negotiations Prospect #0821: No action was taken.
VII. Adjournment: The meeting was adjourned at 8:19 p.m.
Minutes approved as submitted and /or corrected this N 6
Ey I(
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day of M A.D.,
Charles Gooden, Jr.
ent