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2013-06-27 PEARLAND ECONOMIC DEVELOPMENT CORPORATION REGULAR MEETING MINUTESII. APPROVAL OF MINUTES MINUTES OF A REGULAR MEETING OF THE PEARLAND ECONOMIC DEVELOPMENT CORPORATION ("PEDC) BOARD OF DIRECTORS OF THE CITY OF PEARLAND, TEXAS, THURSDAY, JUNE 27,2013,5:00 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 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. STAFF MEMBERS Matt Buchanan Melissa Black Carlos Guzman CITY OF PEARLAND STAFF MEMBERS Bill Eisen Claire Bogard Nghiem Doan II. APPROVAL OF MINUTES Minutes of a Regular Meeting June 27, 2013 Page 3 The Board reconvened in to Open Session at 6:39 p.m. New Business Continued: E. Economic Development Negotiations — Business Attraction/Retention Projects: No action was taken. F. Economic Development Negotiations — Prospect #1304: No action was taken. G. Economic Development Negotiations— Prospect #1104: Vice Chair Idoux made the motion, seconded by Board Member Fischer to approve the President to negotiate and enter into an amended loan agreement with Prospect #1104 as discussed in Executive Session. Motion Passed: 5 — 0 H. Economic Development Negotiations —Prospect #1102: Vice Chair Idoux made the motion, seconded by Secretary Stevener to approve the President to negotiate and enter into a loan agreement, not to exceed $50,000, with Prospect #1102 as discussed in Executive Session. Motion Passed: 5 - 0 VII. Adjournment: The meeting was adjourned at 6:40 p.m. Minutes approved as submitted and/or corrected this J ' " day of A.D., 2013. ATTEST