2014-01-30 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, JANUARY 30, 2014, 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 5:00 p.m.
BOARD MEMBERS
Chair Charles Gooden
Vice Chair Rushi Patel
Board Member Brandon Dansby
Board Member Lucy Stevener
Board Member Gary Idoux
Board Member Jim Burnett
Due to a conflict in schedule, Secretary Sheila Fischer was unable to attend the meeting.
EX-OFFICIO MEMBERS
City of Pearland Mayor Tom Reid
Pearland Chamber of Commerce Carol Artz-Bucek
City of Pearland Jon Branson
PEDC Matt Buchanan
PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS
Melissa Black
Carlos Guzman
Roxanne Luna -Larsen
Luis Nunez
CITY OF PEARLAND STAFF MEMBERS
Claire Bogard
Nghiem Doan
Mike Hodge
Minutes of a Regular Meeting
January 30, 2014
Page 2
Rick Overgaard
II. Approval of Minutes: Board Member Dansby made the motion, seconded by Board Member Idoux to
approve the minutes of the Regular Meeting of November 21, 2013.
Motion Passed: 5 — 0
III. Public Comments: Eli Rocha and Marisela Martinez from Workforce Solutions introduced themselves and
briefly spoke about services available through their organization that could benefit Pearland employers.
IV. Financial Report
A. Monthly Financial Report — November 2013: Director of Finance Claire Bogard gave an overview
of the November report.
B. Quarterly Investment Report: Assistant Director of Finance Rick Overgaard gave a summary of
the report ending December 31, 2013.
V. New Business
A. Excused Absence: Board Member Idoux made the motion, seconded by Board Member Dansby
to excuse the absence of Board Member Stevener, from the meeting of November 21, 2013.
Motion Passed: 5-0
Abstained: Stevener
B. Amend the Fiscal Year 2013/2014 Budget: President Buchanan requested a budget amendment
for a carryover to complete Business Center Drive. Vice Chair Patel made the motion, seconded
by Board Member Stevener.
Motion Passed: 6-0
C. Chamber of Commerce Quarterly Report: Pearland Chamber of Commerce President Artz-Bucek
reviewed the quarterly report for the quarter ending December 31, 2013 and presented the
Board with a presentation of 2013 BizConnect highlights.
D. Update: President, Buchanan provided a progress update of the Pearland 20/20 Strategic Plan.
E. Monthly Activity Report: President Buchanan summarized ongoing activity. Report submitted to
file.
The meeting was temporarily adjourned at 5:45 p.m.
The meeting reconvened at 6:00 p.m.
VI. Other Business
The meeting was adjourned to enter into Executive Session at 6:00 p.m.
Executive Session Under Texas Government Code
Minutes of a Regular Meeting
January 31, 2013
Page 3
1. Section 551.087 — Deliberations Regarding
Business Attraction/Retention Projects
2. Section 551.087 — Deliberations Regarding
#1305
3. Section 551.087 — Deliberations Regarding
#1401
4. Section 551.087 — Deliberations Regarding
#1402
5. Section 551.087 — Deliberations Regarding
#1308
The Board reconvened in to Open Session at 7:25 p.m.
New Business Continued:
F. Economic Development Negotiations — Business Attraction/Retention Projects — No action was
taken.
G. Economic Development Negotiations: Prospect #1305 - No action was taken.
H. Economic Development Negotiations — Prospect #1401— No action was taken.
Economic Development Negotiations — Update on
Economic Development Negotiations — — Prospect
Economic Development Negotiations — — Prospect
Economic Development Negotiations — — Prospect
Economic Development Negotiations -- Prospect
I. Economic Development Negotiations — Prospect #1402 - Board Member Dansby made the
motion, seconded by Board Member Idoux to authorize the President to enter into a loan
agreement for an amount not to exceed $60,000.
Motion Passed: 6 — 0
J. Economic Development Negotiations — Prospect #1308 — No action was taken.
VII. Adjournment: The meeting was adjourned at 7:26 p.m.
Minutes approved as submitted and/or corrected this 3) 3*
A.D., 2013.
ATTEST:
Sheila Fischer, Secretary
day of ,.)Olu Q
Charles Goo • en, J , Chair