2011-04-28 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 THURSDAY, APRIL 28, 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 5:07 p.m.
BOARD MEMBERS
Chair Charles Gooden, Jr.
Vice Chair Gary Idoux
Secretary Lucy Stevener
Board Member Jim Burnett
Board Member Mike O'Day
Due to a conflict in schedule, Board Member Rushi Patel was unable to attend the meeting.
EX -OFFICIO MEMBERS
City of Pearland
City of Pearland
Pearland Chamber of Commerce
STAFF MEMBERS
Matt Buchanan
Ramon Lozano
Kyler Cole
Janice Vega
CITY OF PEARLAND STAFF MEMBERS
Claire Bogard
Nghiem Doan
Mayor Tom Reid
Bill Eisen
Carol Artz-Bucek
Minutes of a Regular Meeting
April 28, 2011
Page 2
II. Approval of Minutes: Board Member Idoux made the motion, seconded by Board Member O'Day to approve
the Minutes of the Regular Meeting of March 31, 2011.
Motion Passed: 5 - 0
III. Public Comments: None
IV. Financial Report
A. Monthly Financial Report ending February 28, 2011: Director of Finance Claire Bogard gave a summary of
the report.
B. Quarterly Investment Report — March 2011: Director of Finance Claire Bogard discussed the Investment
Report. Report submitted to file.
V. New Business
A. Pearland Chamber of Commerce Quarterly Report: President Carol Artz-Bucek gave a summary of the
report. Report submitted to file.
B. 2011-12 Program of Work: President Buchanan reviewed a draft of the Program of Work.
C. Monthly Activity Report: President Buchanan summarized ongoing activity. Report submitted to file.
The meeting temporarily adjourned at 6:12 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
#0615
3. Section 551.087 — Deliberations Regarding Economic Development Negotiations — Prospect
#1101
Board Member O'Day excused himself from the discussion on Item 3 in Executive Session.
The Board reconvened into Open Session at 7:29 p.m.
New Business Continued:
D. Economic Development Negotiations — Business Attraction/Retention Projects: No action was taken
E. Economic Development Negotiations — Prospect #0615: No action was taken
Minutes of a Regular Meeting
April 28, 2011
Page 3
F. Economic Development Negotiations— Prospect #1101: No action was taken
VII. Adjournment: The meeting was adjourned at 7:30 p.m.
Minutes approved as submitted and/or corrected this I TR day of OAS , A.D.,