2013-03-21 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, MARCH 21, 2013, 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
Secretary
Lucy Stevener
Board Member
Sheila Fischer
Board Member
Rushi Patel
Due to a conflict in schedule, Board Members Jim Burnett and Brandon Dansby were unable to attend the
meeting.
EX -OFFICIO MEMBERS
City of Pearland
City of Pearland
STAFF MEMBERS
Matt Buchanan
Carlos Guzman
Melissa Black
Janice Vega
CITY OF PEARLAND STAFF MEMBERS
Claire Bogard
Nghiem Doan
Mayor Tom Reid
Bill Eisen
Minutes of a Regular Meeting
March 21, 2013
Page 2
II. Approval of Minutes: Vice Chair Idoux made the motion, seconded by Secretary Stevener to approve the
minutes of the Regular Meeting of January 31, 2013.
Motion Passed: 5 - 0
III. Public Comments: None
IV. Financial Report
A. Monthly Financial Report — December 2012 and January 2013: Director of Finance Claire Bogard
gave an overview of the January report.
V. New Business
A. Excused Absence: Board Member Patel made the motion, seconded by Board Member Fischer
to excuse the absence of Vice Chair Idoux from the meeting of January 31, 2013.
Motion Passed: 4 - 0
Abstained: 1
B. Transportation Letters of Support: Board Member Patel made the motion, seconded by
Secretary Stevener to approve the letters of support for the proposed projects being submitted
to the 2013-2016 Transportation Improvement Program — Call for Projects and the letter for the
proposed improvements to 288.
Motion Passed: 5 - 0
C. Pearland Municipal Management District No. 2: The bill has been introduced in the Senate and
House. The City Council has made recommendations for the initial board of directors.
D. PEDC Strategic Plan: President Buchanan reviewed an outline of the draft final plan. The areas of
focus in the plan include: economic development, mobility, corridors, recreation and cultural,
beautification, Lower Kirby Urban Center, multi -use events center, education and workforce, and
internal marketing.
E. Monthly Activity Report: President Buchanan summarized ongoing activity. Report submitted to
file.
The meeting was temporarily adjourned at 5:35 p.m.
The meeting reconvened at 5:45 p.m.
VI. Other Business
The meeting was adjourned to enter into Executive Session at 6:01 p.m.
Executive Session Under Texas Government Code
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
#1205
3. Section 551.087 — Deliberations Regarding Economic Development Negotiations — Land
Acquisition
Minutes of a Regular Meeting
March 21, 2013
Page 3
The Board reconvened in to Open Session at 6:31 p.m.
New Business Continued:
Board Member Patel left the meeting during Executive Session.
F. Economic Development Negotiations — Business Attraction/Retention Projects: No action was
taken.
G. Economic Development Negotiations — Prospect #1205: Vice Chair Idoux made the motion,
seconded by Board Member Fischer to approve the President to negotiate and enter into a loan
agreement with Prospect #1205 for an amount not to exceed $185,000.
Motion Passed: 4 — 0
H. Economic Development Negotiations — Real Property — Land Acquisition: Vice Chair Idoux made
the motion, seconded by Board Member Fischer to give the President the authority to notify
property owner that we are exercising our option for an additional 90 day feasibility period.
Motion Passed: 4 — 0
VII. Adjournment: The meeting was adjourned at 6:32 p.m.
Minutes approved as submitted and/or corrected this day of I
A.D., 2013.
ATTEST:
Cha46s Gooden, Jr., Chair