2020-02-27 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 HELD THURSDAY, FEBRUARY 27, 2020 5:00 P.M., PEDC OFFICE,
3519 LIBERTY DRIVE, SUITE 350, PEARLAND, TEXAS.
I. CALL TO ORDER
The meeting was called to order at 5:00 p.m.
BOARD MEMBERS
Chair
Secretary
Board Member
Board Member
Board Member
Hugh Patton
Reid Wendell
Brandon Dansby
Antonio Johnson
Chad Thumann
EX-OFFICIO MEMBERS
PEDC Matt Buchanan
City of Pearland Clay Pearson
Mayor Tom Reid
Chamber Carol Artz-Bucek
PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS
Melissa Black
Jessica Byerly
Roxanne Luna -Larsen
Brian Malone
Valerie Marvin
CITY OF PEARLAND
John McDonald
Minutes of a Regular Meeting
February 27, 2020
Page 2
II. APPROVAL OF MINUTES
Secretary Wendell made a motion, seconded by Board Member Dansby, to approve the minutes of the
Regular Meeting of January 30, 2020.
Motion Passed: 5-0
111. PUBLIC COMMENTS
None.
IV. FINANCIAL REPORT
A. Monthly Financial Report --January 2020 Financial Reports
B. Quarterly Investment Report
President Buchanan presented the January 2020 Financial Report and the Quarterly Investment
Report.
Board Member Dansby made a motion, seconded by Board Member Johnson, to approve the
January Financial Report and the Quarterly Investment Report.
Motion Passed: 5-0
V. NEW BUSINESS
A. Professional Services Agreement for Retail Analysis with MJB Consulting
Based on the recommendation included in the Pearland 20/20 and Pearland Prosperity strategic
plans, requests for proposals for a Retail Analysis and Action Plan were requested with five
organizations responding. The plan would take a proactive approach in pursuing
underrepresented or missing retail opportunities within the City. The proposal requested
community wide retail analysis and research focuses on four specific areas including: SH 288,
beltway 8 to Clear Creek; Broadway and SH 288 submarket; Pearland Parkway, Broadway to
Barry Rose; Old Town. The firm recommended is MJB Consulting and cost is $77,880 for the
analysis, $4,750 for reimbursable expenses and 8% contingency fee for additional trips and
additional services that may be required.
Board Member Dansby made a motion, seconded by Secretary Wendell to approve the President
to enter into a Professional Services Agreement for a retail analysis and action plan with MJB
Consulting for amount not to exceed $89,000.
Motion Passed: 5-0
B. Public Hearing - Use of Sales Tax Proceeds for the Construction of Site Development
Improvements, Including: Drainage, Roads, and Utilities, for a Business Park on Main Street.
At the January 30, 2020 Board meeting approval for both the Reimbursement Agreement with
the City of Pearland to fund public infrastructure in an amount not to exceed $1,650,000 and a
Development Agreement with Prospect #1903 for an amount not to exceed $240,000 was
approved on condition that a public hearing for the expenditures be held because the proposed
amounts exceeded the total amount approved in the FY19-20 budget.
The Public Hearing was opened at 5:20 p.m. and closed at 5:21 p.m. by Chairman Patton. There
were no public comments.
Minutes of a Regular Meeting
February 27, 2020
Page 3
C. Professional Services Agreements for Community Marketing Plan Implementation with
ReachLocal and KHOU
The Board previously approved the PEDC marketing plan and a Professional Services Agreement
with Lou Hammond Group (LHG) for marketing services to implement the plan The board also
approved an expenditure with Houston Business Journal, however, LHG was still negotiating
agreements for the digital marketing and local television media packages at the time the
agreement was approved. An agreement was negotiated for digital marketing services with
ReachLocal for search engine marketing, pre -roll video for YouTube, and social media advertising
at $92,000. A separate agreement for television media sponsorship was made with KHOU and
includes sponsorship during the Morning Money Minute segment and a 4-5 minute custom video
showcasing Pearland, which will be shared on various platforms with a cost of $68,000.
Board Member Dansby made a motion, seconded by Board Member Johnson, to approve the
President to negotiate and enter into Professional Services Agreements with ReachLocal for an
amount not to exceed$92,000 and with KHOU for the amount not to exceed $68,000.
Motion Passed: 5-0
D. Appointment of Strategic Plan Implementation Committee
At the previous board meeting, staff requested recommendations of individuals to serve at large
on the Pearland Prosperity Implementation Committee. The existing steering committee was
transitioned to the implementation committee, minus those members with Tess than 50%
attendance.
Board Member Johnson made a motion, seconded by Board Member Dansby, to approve the
vote to add three additional at -large members and approve Pearland Prosperity Strategic Plan
Implementation Committee
Motion Passed: 5-0
E Monthly Activity Report — President Buchanan summarized ongoing activity.
No action taken.
The meeting went into recess at 5:49 p.m.
The meeting reconvened and went into Executive Session at 5:58 p.m.
VI. OTHER BUSINESS
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 Project #1704
3. SECTION 551 087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT
NEGOTIATIONS Project #1903
The Board reconvened into Open Session at 6:23 p.m.
Minutes of a Regular Meeting
February 27, 2020
Page 4
VII. NEW BUSINESS CONTINUED:
H. CONSIDERATION AND POSSIBLE ACTION: Economic Development Negotiations — Project #1704
Board Member Thumann made a motion, seconded by Board Member Dansby, to approve the
President to negotiate and enter into a loan agreement with Prospect #1704 and/ or related
entities for an amount not to exceed $652,500 and purchase agreement with Prospect #1704
and/or related entities for the sale of 4.976 acres as discussed in executive session.
Motion Passed: 5-0
I. CONSIDERATION AND POSSIBLE ACTION• Economic Development Negotiations — Project #1903
No action taken.
J. ADJOURNMENT:
The meeting was adjourned at 6:24 p.m.
approved as submitted and/or corrected this aB11A ofMinutes Npr /day
A.D., 2020.t4
ATTEST:
JAVIAufb
Secretary
Chair