2014-02-27 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, 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
Vice Chair Rushi Patel
Board Member Jim Burnett
Board Member Brandon Dansby
Board Member Gary Idoux
Board Member Lucy Stevener
Due to a conflict in schedule, Chair Charles Gooden Jr. and Secretary Sheila Fischer were unable to attend
the meeting.
EX-OFFICIO MEMBERS
City of Pearland
PEDC
Mayor Tom Reid
Matt Buchanan
PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS
Melissa Black
Carlos Guzman
Luis Nunez
CITY OF PEARLAND STAFF MEMBERS
Claire Bogard
Jon Branson
Nghiem Doan
Mike Hodge
Minutes of a Regular Meeting
February 27, 2014
Page 2
11. Approval of Minutes: President Buchanan noted that PEDC staff made an addition to the Regular Meeting
Minutes for January 30, 2014. PEDC staff added "for an amount not to exceed $60,000" at the end of the
motion for New Business, Item I. Board Member Dansby made the motion, seconded by Board Member
Burnett to approve the minutes of the Regular Meeting of January 30, 2014.
Motion Passed: 5 — 0
III. Public Comments: None
IV. Financial Report
A. Monthly Financial Report — December 2013: Director of Finance Claire Bogard gave an overview
of the November report. Board Member Burnett made the motion, seconded by Board Member
Stevener to accept the December 2013 Financial Report.
V. New Business
A. Excused Absence: Board Member Burnett made the motion, seconded by Board Member
Stevener to excuse the absence of Secretary Fischer from the meeting of January 30, 2014.
Motion Passed: 5-0
B. Business Retention & Expansion Program Services Contract with the Pearland Chamber of
Commerce: President Buchanan and Vice Chair Patel provided an update on contract
negotiations with the Chamber. Vice Chair Patel asked for all board members to review the
proposed contract submitted by the Chamber and to forward comments to President Buchanan.
C. Public Hearing on Hooper Road Reconstruction: The Public Hearing was opened at 5:25 p.m. to
discuss Hooper Road Reconstruction. Larry Marcott spoke in favor of the project. He believes
that this project will be a good addition to the community and supports anything PEDC can do in
regards to this project. The Public Hearing was closed at 5:30 p.m.
D. Development Plan — SH35: President Buchanan provided an update on the RFP for the SH 35
Development Plan, one of the priorities of the Pearland 20/20 plan. He presented an overview of
current conditions in the area and areas of focus for the plan. Staff will solicit proposals and
bring back a recommended consultant.
E. Monthly Activity Report: President Buchanan summarized ongoing activity. Report submitted to
file.
The meeting was temporarily adjourned at 6:06 p.m.
The meeting reconvened at 6:16 p.m.
VI. Other Business
The meeting was adjourned to enter into Executive Session at 6:16 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 — Prospect
#1305
Minutes of a Regular Meeting
February 27, 2014
Page 3
3. Section 551.087 — Deliberations Regarding Economic Development Negotiations — Prospect
#1401
The Board reconvened in to Open Session at 7:10 p.m.
New Business Continued:
F. Economic Development Negotiations — Business Attraction/Retention Projects: No action was
taken
G. Economic Development Negotiations — Prospect #1305: Board Member Idoux made the motion,
seconded by Board Member Dansby to authorize the Chairman to enter into a Cost
Sharing/Reimbursement Agreement with the City of Pearland, for an amount not to exceed
$1,575,000, as discussed in executive session.
Motion Passed: 5-0
H. Economic Development Negotiations — Prospect##1401: No action was taken.
VII. Adjournment: The meeting was adjourned at 7:10 p.m.
Minutes approved as submitted and/or corrected this .DI day of Eek(u,,►0✓Z 1,
A.D., 2014.
ATTEST:
r9,,, 0-
Sheila Fischer, Secretary
Charles Gooden, Jr. C : it
1.
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