2020-09-01 PEARLAND ECONOMIC DEVELOPMENT CORPORATION REGULAR MEETING MINUTESMINUTES OF A REGULAR VIDEO CONFERENCE MEETING OF THE PEARLAND ECONOMIC DEVELOPMENT
CORPORATION ("PEDC") BOARD OF DIRECTORS OF THE CITY OF PEARLAND, TEXAS HELD THURSDAY, SEPTEMBER 1,
2020 5:00 P.M.
I. CALL TO ORDER
The meeting was called to order at 5:05 p.m.
BOARD MEMBERS
Chairman Hugh Patton
Secretary Reid Wendell
Board Member Chad Thumann
Board Member Brandon Dansby
Board Member Antonio Johnson
Board Member John Lyle
EX-OFFICIO MEMBERS
PEDC Matt Buchanan
City of Pearland Clay Pearson
City of Pearland 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
Jon Branson
Darrin Coker
Rhonda Daugherty
Trent Epperson
Joshua Lee
John McDonald
Minutes of a Regular Meeting
September 1, 2020
Page 2
II. APPROVAL OF MINUTES
Board Member Dansby made a motion, seconded by Secretary Wendell, to approve the minutes of the
Regular Meeting of July 23, 2020.
Motion Passed: 6-0
I11. PUBLIC COMMENTS
None.
IV. FINANCIAL REPORT
A. Monthly Financial Report July 2020 Financial Report
President Buchanan presented the July 2020 Financial Report.
B. Quarterly Investment Report
Rhonda Daughtery, Assistant Director of Finance presented the Quarterly Investment Report.
Board Member Dansby made a motion, seconded by Board Member Lyle, to approve the July
2020 Financial Report and the Quarterly Investment Report
Motion Passed: 6-0
V. NEW BUSINESS
A. Excuse the absence of Board Member Thumann from the regular Board meeting on July 23,
2020
Board Member Lyle made a motion, seconded by Board Member Johnson, to excuse the absence
of Board Member Thumann from the July 23, 2020 meeting.
Motion Passed: 6-0
B. Business Retention and Expansion Program — Contract Renewal for Services with the Pearland
Chamber of Commerce.
PEDC Vice President Malone presented the Business Retention and Expansion Services Contract
with the Pearland Chamber of Commerce contract for renewal. Notable changes included
increasing Business Surveys by 12 to 48, allowing for virtual visits and virtual CEO Roundtable
discussions, and increasing the number of Targeted Employers to 74.
Board Member Dansby made a motion, seconded by Secretary Wendell, to approve the
President enter into a contract to for services with the Pearland Chamber of Commerce for
business retention and expansion assistance for an amount not to exceed $117,000, or $9750 per
month.
Motion Passed: 6-0
C. SH 288 Corridor Master Improvement Plan — Amend Professional Services Agreement with Clark
Condon and Associates for Landscape Architecture Services
The Professional Services Agreement with Clark Condon and Associates for Landscape
Architecture Services for the SH 288 Corridor Master Improvement Plan requires amending the
Minutes of a Regular Meeting
September 1, 2020
Page 3
prior approved agreement to accommodate the re -bid process, construction document changes,
and, unrelated to the bid, additional construction administrative services.
Board Member Dansby made a motion, seconded by Board Member Lyle, to approve the
President to amend the Professional Services Contract with Clark Condon and Associates for
additional construction document, bid phase, and contract administration services for the SH 288
Phase IV improvement in the amount of $77,000.
Motion Passed: 5 —1
Opposed: Thumann
D. Monthly Activity Report — President Buchanan summarized ongoing activity.
No action taken.
The meeting went into recess and entered Executive Session at 6:23 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 551 072 — DELIBERATIONS REGARDING THE LEASE, PURCHASE, OR SALE OF REAL
PROPERTY-- 14740 Kirby Drive Lease
The Board closed Executive Session at 7:02 p.m.
The Board reconvened into Open Session at 7:05 p.m.
VII. NEW BUSINESS CONTINUED:
E CONSIDERATION AND POSSIBLE ACTION: DELIBERATIONS REGARDING THE LEASE, PURCHASE,
OR SALE OF REAL PROPERTY — 14740 Kirby Drive Lease
Board Member Thumann made a motion, seconded by Board Member Johnson, to negotiate and
enter into a loan agreement with Prospect #1704 or related entities for an amount not to exceed
$975,500 as discussed in Executive Session.
VIII. ADJOURNMENT:
The meeting was adjourned at 7:06 p.m.
Minutes of a Regular Meeting
September 1, 2020
Page 4
Minutes approved as submitted and/or corrected this cQB day oftbU&tV'
A.D., 202_
ATTEST:
Secretary
ot
Chair