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2013-04-25 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, APRIL 25,2013,5:00 P.M., BOARDROOM, 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 Vice Chair Gary Idoux Secretary Lucy Stevener Board Member Jim Burnett Board Member Brandon Dansby Board Member Sheila Fischer Due to a conflict in schedule, Chair Charles Gooden Jr. and Board Member Rushi Patel were unable to attend the meeting. EX -OFFICIO MEMBERS City of Pearland Pearland Chamber of Commerce STAFF MEMBERS Matt Buchanan Melissa Black Janice Vega CITY OF PEARLAND STAFF MEMBERS Rick Overgaard Nghiem Doan Mayor Tom Reid Carol Artz-Bucek Minutes of a Regular Meeting April 25, 2013 Page 2 II. Approval of Minutes: Board Member Dansby made the motion, seconded by Secretary Stevener to approve the minutes of the Regular Meeting of March 21, 2013. Motion Passed: 5 - 0 III. Public Comments: None IV. Financial Report A. Monthly Financial Report — February 2013: Assistant Director of Finance Rick Overgaard gave an overview of the February report. V. New Business A. Excused Absence: Secretary Stevener made the motion, seconded by Board Member Fischer to excuse the absence of Board Members Burnett and Dansby from the meeting of March 21, 2013. Motion Passed: 5-0 B. FY 2012 Audit Report: Assistant Director of Finance Rick Overgaard reviewed the FY 2012 Audit Report with the Board of Directors. C. Final Strategic Plan: President Buchanan reviewed the Final Strategic Plan. Board Member Burnett made the motion, seconded by Board Member Dansby to approve the Pearland Vision 20/20 Strategic Plan. Motion Passed: 5-0 D. Chamber of Commerce Quarterly Report: Pearland Chamber of Commerce President Artz-Bucek reviewed the quarterly report for the quarter ending March 31, 2013. Vice President Membership Development Johnson introduced the Board of Directors to the PearlandVotes.com website. E. Monthly Activity Report: President Buchanan summarized ongoing activity. Report submitted to file. The meeting was temporarily adjourned at 6:02 p.m. The meeting reconvened at 6:12 p.m. VI. Other Business The meeting was adjourned to enter into Executive Session at 6:12 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 — OTS Fagade Grant — 2501 Grand Boulevard Minutes of a Regular Meeting April 25, 2013 Page 3 The Board reconvened in to Open Session at 6:26 p.m. New Business Continued: Economic Development Negotiations — Business Attraction/Retention Projects — No action was taken. G. Economic Development Negotiations — OTS Fa4ade Grant — 2501 Grand Boulevard — No action was taken. VII. Adjournment: The meeting was adjourned at 6:27 p.m. Minutes approved as submitted and/or corrected this day of A.D., 2013. Charles Gooden, Jr.( Chair A 1 Lucy Stevener, Secretary V