2012-09-27 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, SEPTEMBER 27, 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 5:00 p.m.
BOARD MEMBERS
Chair
Charles Gooden, Jr.
Secretary
Lucy Stevener
Board Member
Jim Burnett
Board Member
Brandon Dansby
Board Member
Sheila Fischer
Board Member
Rushi Patel
Due to a conflict in schedule, Vice
Chair Gary Idoux was 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
Melissa Black
Janice Vega
CITY OF PEARLAND STAFF MEMBERS
Claire Bogard
Nghiem Doan
Minutes of a Regular Meeting
September 27, 2012
Page 2
II. Approval of Minutes: Board Member Dansby made the motion, seconded by Board Member Fischer to
approve the minutes of the Regular Meeting of August 30, 2012.
Motion Passed: 6 — 0
III. Public Comments: None
IV. Financial Report
A. Monthly Financial Report: Director of Finance Claire Bogard gave an overview of the July report.
V. New Business
A. Old Townsite Fagade Grant: Board Member Patel made the motion, seconded by Board Member
Fischer to approve the President to negotiate and enter into an OTS Fagade Grant Agreement
with Kevin Fuller for an amount not to exceed $27,500.
Motion Passed: 6 — 0
B. 288 Management District — Legal Service Engagement Letter: Board Member Burnett made the
motion, seconded by Board Member Dansby to approve the President to execute the
engagement letter with Allen, Boone, Humphries, Robinson LLP as presented.
Motion Passed: 6 — 0
C. Opportunity Houston 2.0 — Contribution: Board Member Fischer made the motion, seconded by
Secretary Stevener to approve the President to enter into a new six year Economic Development
Contribution with Greater Houston Partnership for a period beginning in January 2014 and
ending in December 2019 for an amount not to exceed $30,000.
Motion Passed: 6 — 0
D. Strategic Plan — Update: The Board discussed the composition of the steering committee, choices
for comparison communities and the project timeline. The first steering committee meeting and
input meetings will be the week of October 29`h
E. Monthly Activity Report: President Buchanan summarized ongoing activity. Report submitted to
file.
The meeting was temporarily adjourned at 6:40 p.m.
The meeting reconvened at 6:47 p.m.
VI. Other Business
The meeting was adjourned to enter into Executive Session at 6:47 p.m.
Executive Session Under Texas Government Code
1. Section 551.087 — Deliberations Regarding Economic Development Negotiations — Business
Attraction/Retention Projects.
2. Section 551.072 — Deliberations Regarding Real Property — Land Acquisition
Minutes of a Regular Meeting
September 27, 2012
Page 3
The Board reconvened in to Open Session at 7:30 p.m.
New Business Continued:
Economic Development Negotiations — Business Attraction/Retention Projects: No action was
taken.
G. Real Property — Land Acquisition: Board Member Dansby made the motion, seconded by Board
Member Burnett to approve the President to enter into a real estate contract regarding Prospect
#1105 as discussed in executive session.
Motion Passed: 6 - 0
VII. Adjournment: The meeting was adjourned at 7:31 p.m.
Minutes approved as submitted and/or corrected this
A.D., 2012. 1-1
ATTEST
ctol'T if day of Ny -J t_ VI IS E P"
Charles Gooden, Jr., C
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