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2014-04-24 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, APRIL 24, 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 5:08 p.m. BOARD MEMBERS Chair Charles Gooden Vice Chair Rushi Patel Board Member Brandon Dansby Board Member Gary Idoux Board Member Lucy Stevener Due to a conflict in schedules, Board Member Jim Burnett 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 Roxanne Luna -Larsen Luis Nunez CITY OF PEARLAND STAFF MEMBERS Claire Bogard Nghiem Doan Mike Hodge Rick Overgaard Bobby Pennington Minutes of a Regular Meeting April 24, 2014 Page 2 II. Approval of Minutes: Board Member Dansby made the motion, seconded by Board Member Stevener to approve the minutes of the Regular Meeting of February 27, 2014. Motion Passed: 5 — 0 III. Public Comments: None V. New Business D. With the concurrence of the Board, the Chair moved to New Business item V. D. 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. The committee will reconvene with the Chamber to further review the services and proposed hours of the contract and offer a recommendation to the Board in May. Due to a scheduling conflict Vice -Chair Patel excused himself and left the meeting at 5:55 p.m. IV. Financial Report A. Monthly Financial Report — February 2014: Director of Finance Claire Bogard gave an overview of the February 2014 report. V. New Business A. Excused Absence: Board Member Idoux made the motion, seconded by Board Member Dansby to excuse the absence of Chair Gooden and Secretary Fischer from the meeting of February 27, 2014. Motion Passed: 3-0 Abstained: Gooden B. FY 2013 Audit Report: Director of Finance Claire Bogard reviewed the FY 2013 Audit Report with the Board of Directors. C. Chamber of Commerce Quarterly Report: Carol Artz-Bucek, President/CEO of the Pearland Chamber of Commerce presented the Chamber of Commerce Quarterly Report ending March 30, 2014. D. As noted previously, this item was moved. E. 288 Corridor Master Improvements Plan and City Gateways Beautification Strategy: Staff and Sheila Condon reviewed the 288 Corridor Master improvements Plan and City Gateways Beautification Strategy. Board Member Idoux made the motion seconded by Board Member Stevener to approve the 288 Corridor Master Improvements Plan and City Gateways Beautification Strategies. Motion Passed: 4-0 F. Kirby Electrical Infrastructure Improvements: President Buchanan provided background on the effort to bring underground electrical service to Kirby Drive in the Lower Kirby area. G. Compliance Report: Vice -President Guzman updated Board members of the status of companies with current active agreements the City and PEDC. H. Monthly Activity Report: President Buchanan summarized ongoing activity. Report submitted to file. Minutes of a Regular Meeting April 24, 2014 Page 3 The meeting was temporarily adjourned at 7:20 p.m. The meeting reconvened at 7:34 p.m. vl. Other Business The meeting was adjourned to enter into Executive Session at 7:34 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 #1401 3. Section 551.087 — Deliberations Regarding Economic Development Negotiations — Prospect #1305 The Board reconvened in to Open Session at 7:51 p.m. New Business Continued: I. Economic Development Negotiations — Business Attraction/Retention Projects: No action was taken J. Economic Development Negotiations — Prospect #1401: No action was taken. K. Economic Development Negotiations — Prospect#1305: No action was taken. VII. Adjournment: The meeting was adjourned at 7:52�p.m. Minutes approved as submitted and/or corrected this of J !',c( A.D., 2014. ATTEST: Sheila Fischer, Secretary day of TY)-{ --, Li Rus i Patel., Vice -Chair