2012-08-30 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, THURSDAY, AUGUST 30, 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 5:04 p.m.
BOARD MEMBERS
Chair
Charles Gooden, Jr.
Vice Chair Gary Idoux
Board Member Brandon Dansby
Board Member Sheila Fischer
Due to a conflict in schedule, Secretary Lucy Stevener, Board Members Jim Burnett and Rushi Patel were
unable to attend the meeting.
EX -OFFICIO MEMBERS
City of Pearland Mayor Tom Reid
Pearland Chamber of Commerce Carol Artz-Bucek
STAFF MEMBERS
Matt Buchanan
Janice Vega
CITY OF PEARLAND STAFF MEMBERS
Claire Bogard
Darrin Coker
Minutes of a Regular Meeting
August 30, 2012
Page 2
II. Approval of Minutes: Board Member Dansby made the motion, seconded by Vice Chair Idoux to approve
the minutes of the Regular Meeting of June 28, 2012.
Motion Passed: 4 - 0
III. Public Comments: None
IV. Financial Report
A. Monthly Financial Report —June 2012: Director of Finance Claire Bogard gave an overview of the
June report.
B. Quarterly Investment Report: Director of Finance Claire Bogard gave a summary of the report
ending June 30, 2012.
V. New Business
A. Economic Alliance Houston Port Region Economic Development Services Agreement: Chad
Burke, President/CEO of the Alliance gave a presentation on recent activity of the Alliance. Vice
Chair Idoux made the motion, seconded by Board Member Fischer to approve the President to
enter into a new three year Economic Development Services Agreement with The Alliance for a
period beginning in September 2012 and ending in August 2015 for an amount not to exceed
$30,000, appoint Mayor Reid as our voting member of the Economic Alliance Board of Directors.
Motion Passed: 4 - 0
B. Pearland Chamber of Commerce Quarterly Report: Chamber of Commerce President/CEO, Carol
Artz-Bucek gave a quarterly update.
C. 288 Corridor Improvements: President Buchanan gave a presentation on the current condition of
the 288 Corridor. The Board discussed the idea of working with property owners in the corridor
to create a Municipal Management District. Staff will present the idea to City Council at an
upcoming workshop and come back to the Board with a proposal to draft the necessary
legislation.
D. Strategic Plan Contract — Market Street Services, Inc.: Board Member Dansby made the motion,
seconded by Board Member Fischer to approve the President to negotiate and enter into a
contract with Market Street Services, Inc. for the development of a new strategic plan for an
amount not to exceed $150,000.
Motion Passed: 4 - 0
E. Monthly Activity Report: President Buchanan summarized ongoing activity. Report submitted to
file.
The meeting was temporarily adjourned at 6:52 p.m.
The meeting reconvened at 7:00 p.m.
VI. Other Business
The meeting was adjourned to enter into Executive Session at 7:00 p.m.
Minutes of a Regular Meeting
August 30, 2012
Page 3
Executive Session Under Texas Government Code
1. Section 551.087 — Deliberations Regarding Economic Development Negotiations — Business
Attraction/Retention Projects.
2. Section 551.087 — Deliberations Regarding Economic Development Negotiations — Prospect
#1204.
New Business Continued:
F. Economic Development Negotiations — Business Attraction/Retention Projects: No action was
taken.
G. Economic Development Negotiations — Prospect #1204: No action was taken.
VII. Adjournment: The meeting was adjourned at 7:39 p.m.
Minutes approved as submitted and/or corrected this T 4 day of S L. P 1 e- wecr-
A.D., 2012.
A
Charles Gooden, Jr., hair