2015-08-27 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, AUGUST 27, 2015, 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 5:04 p.m.
BOARD MEMBERS
Chair Rushi Patel
Vice -Chair Lucy Stevener
Secretary Sheila Fischer
Board Member Hugh Patton
Board Member Jeff Barry
Due to a schedule conflicts, Board Members Chavarria and Dansby were unable to attend the meeting
EX-OFFICIO MEMBERS
City of Pearland Mayor Tom Reid
City of Pearland Clay Pearson
PEDC Matt Buchanan
PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS
Melissa Black
Roxanne Luna -Larsen
Brian Malone
Valerie Marvin
CITY OF PEARLAND STAFF MEMBERS
Claire Bogard
II. Approval of Minutes: Vice Chair Stevener made the motion, seconded by Board Member Barry to approve
the minutes of the Regular Meeting of August 6 and Special Meeting of August 10, 2015.
Motion Passed: 5 — 0
III. Public Comments:
None.
Minutes of a Regular Meeting
August 27, 2015
Page 2
IV. Financial Report
A. Monthly Financial Report —June 2015: Director of Finance, Claire Bogard gave an overview of the
June 2015 report.
V. New Business
A. Public Hearing —Cullen Boulevard Gateway Sign and Landscaping Improvements and
Maintenance
The Public Hearing was opened at 5:28 p.m. by Chairman Patel. There were no public comments.
The Public Hearing was closed at 5:28
B. Cullen Boulevard Gateway Sign and Landscaping Improvements and Maintenance
Bids have been received for the Cullen Gateway Sign and Landscaping Improvement project for
the first segment located between Clear Creek and McHard Road. The next step is awarding the
contract and entering into a Reimbursement Agreement with the City.
Board member Barry made a motion seconded by Vice Chair Fischer to approve the Chairman to
execute a Reimbursement Agreement with the City of Pearland to fund the construction of Cullen
Gateway Sign and Landscaping improvements in the amount of $452,119.98.
Motion passed: 5-0
C. 288 Corridor Master Improvement Plan Update
Sheila Condon and Jason Miller of Clark Condon Associates presented to the Board an update of
the 288 Corridor Master Improvements Plan. Work continues on the design and engineering of
the plan's Tong -term improvements.
No action taken
D. SH 35 Streetscape Conceptual Plan — Professional Agreement
The intent of the Streetscape Corridor Plan is to develop a set of design concepts to implement
beautification efforts in support of the 35 Redevelopment Strategy Plan, improving the image
and sense of place along the corridor.
Vice Chair Stevener made a motion seconded by Board Member Barry to approve that the
President enters into a Professional Services Contract with Clark Condon Associates for the SH 35
Streetscape Concept Plan in the amount not to exceed $33,000.
Motion Passed: 5-0
E. 2015-2016 Board Meeting Dates
The 2015-2016 PEDC Board meeting dates were presented to the board and discussed
Board Member Barry made the motion, seconded by Vice Chair Stevener, to approve the 2016
meeting dates.
Motion Passed: 5-0
F. Monthly Activity Report: President Buchanan summarized ongoing activity. Report submitted to
file
Minutes of a Regular Meeting
August 27, 2015
Page 3
VI. Other Business
The meeting was adjourned at 6:28 p.m. and entered into enter into Executive Session at 6:42 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
#1508
3. Section 551.087 — Deliberations Regarding Economic Development Negotiations — Prospect
#1410
The Board reconvened into Open Session at 7:14 p.m.
New Business Continued:
G. Economic Development Negotiations — Business Attraction/Retention Projects
No action was taken
H. Economic Development Negotiations — Prospect #1508
Vice Chair Stevener made a motion seconded by Board Member Barry to approve that the
President enter into a Loan Agreement with Prospect #1508 for the amount of $45,000.
Motion Passed: 5-0
I. Economic Development Negotiations — Prospect #1410:
No action taken
VII. Adjournment: The meeting was adjourned at 7:15 p.m.
Minutes approved as submitted and/or corrected this I
A.D., 2015.
ATTE
evener, Vice Chair
day of o c,+01.,
Rushi ratel, Chair