2012-02-23 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, FEBRUARY 23, 2012, 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 5:09 p.m.
BOARD MEMBERS
Chair Charles Gooden, Jr.
Secretary Lucy Stevener
Board Member Brandon Dansby
Board Member Mike O'Day
Board Member Rushi Patel
Due to a conflict in schedule, Vice Chair Gary Idoux and Board Member Jim Burnett were unable to attend
the meeting.
EX -OFFICIO MEMBERS
City of Pearland Mayor Tom Reid
City of Pearland Bill Eisen
Pearland Chamber of Commerce Carol Artz-Bucek
STAFF MEMBERS
Matt Buchanan
Ramon Lozano
Melissa Black
Janice Vega
CITY OF PEARLAND STAFF MEMBERS
Darrin Coker
Nghiem Doan
Rick Overgaard
Minutes of a Regular Meeting
February 23, 2012
Page 2
II. Approval of Minutes: Board Member Patel made the motion, seconded by Board Member Dansby to
approve the Minutes of the Regular Meeting of January 25, 2012.
Motion Passed: 5 - 0
III. Public Comments: None
IV. Financial Report
A. Monthly Financial Report — December 2011: Rick Overgaard, Assistant Director of Finance, gave
a summary of the December Financial Report.
V. New Business
A. Excused Absence: Board Member Patel made the motion, seconded by Secretary Stevener to
excuse the absence of Board Member O'Day from the Regular Meeting of January 25, 2012.
Motion Passed: 4 — 0
Abstained: 1
B. Pearland Chamber of Commerce Quarterly Report and 2012 Business Retention and Expansion
Program of Work: President/CEO Carol Artz-Bucek presented the 4ch Quarter Report and
submitted the proposed 2012 Business Retention and Expansion Program of Work. No action
was taken.
C. Old Townsite — Grand Boulevard Plan: The Board reviewed the Old Townsite — Grand Boulevard
Master Plan. Secretary Stevener made the motion, seconded by Board Member Dansby to
approve the plan.
Motion Passed: 5 - 0
D. Monthly Activity Report: President Buchanan summarized ongoing activity. Report submitted to
file.
The meeting was temporarily adjourned at 6:09 p.m.
The meeting reconvened at 6:18 p.m.
VI. Other Business
Executive Session Under Texas Government Code
1. Section 551.087 — Deliberations Regarding Economic Development Negotiations — Update on
Business Attraction/Retention Projects
2. Section 551.071— Consultation with City Attorney Regarding Potential Litigation.
3. Section 551.087 — Deliberations Regarding Economic Development Negotiations — Prospect
#1104
4. Section 551.087 — Deliberations Regarding Economic Development Negotiations — Prospect
#1105
Minutes of a Regular Meeting
February 23, 2012
Page 3
5. Section 551.087 — Deliberations Regarding Economic Development Negotiations — Prospect
#1202
The Board reconvened in to Open Session at 7:12 p.m.
New Business Continued:
E. Economic Development Negotiations — Business Attraction/Retention Projects: No action was
taken.
F. Consultation with City Attorney Regarding Potential Litigation: Board Member Dansby made the
motion, seconded by Board Member O'Day to authorize the City Attorney to proceed as directed
in Executive Session.
Motion Passed: 5 - 0
G. Economic Development Negotiations — Prospect #1104: No action was taken.
H. Economic Development Negotiations — Prospect #1105: No action was taken.
I. Economic Development Negotiations — Prospect #1202: No action was taken.
VII. Adjournment: The meeting was adjourned at 7:14 p.m.
Minutes approved as submitted and/or corrected this 1 N day of
A.D., 2012.
harles Gooden, Jr., Chair
ATTE
uc Stevener, Secretary