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2011-05-23 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 TO BE HELD MONDAY, MAY 23, 2011, 6:30 P.M., 1IT FLOOR CONFERENCE ROOM, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. Call to Order The meeting was called to order at 6:45 p.m. BOARD MEMBERS Chair Charles Gooden, Jr. Secretary Lucy Stevener Board Member Jim Burnett Board Member Rushi Patel Due to a conflict in schedule, Vice Chair Gary Idoux and Board Member Mike O'Day were unable to attend the meeting. EX -OFFICIO MEMBERS City of Pearland Mayor Tom Reid City of Pearland Bill Eisen STAFF MEMBERS Matt Buchanan Minutes of a Special Meeting May 23, 2011 Page 2 II. Other Business Executive Session Under Texas Government Code The meeting was adjourned to enter into Executive Session at 6:45 p.m. 1. Section 551.087 — Deliberations Regarding Economic Development Negotiations — Prospect #1101 2. Section 551.087 — Deliberations Regarding Economic Development Negotiations — Prospect #0615 The Board reconvened into Open Session at 7:38 p.m. III. New Business A. Economic Development Negotiations — Prospect #1101: No action was taken. B. Economic Development Negotiations — Prospect #0615: No action was taken. IV. Adjournment: The meeting was adjourned at 7:41 p.m. Minutes approved as submitted and/or corrected this l7 TN day of A.D., 2011. /-1 P Charles Gooden, Jr.,/Chair,