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2015-07-16 PEARLAND ECONOMIC DEVELOPMENT CORPORATION REGULAR MEETING MINUTESMINUTES OF A SPECIAL MEETING OF THE PEARLAND ECONOMIC DEVELOPMENT CORPORATION ("PEDC") BOARD OF DIRECTORS OF THE CITY OF PEARLAND, TEXAS HELD THURSDAY, JULY 16, 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 5:00 p.m. BOARD MEMBERS Chair Rushi Patel Vice Chair Lucy Stevener Secretary Sheila Fischer Board Member Brandon Dansby Board Member Hugh Patton Board Member Mona Chavarria Board Member Jeff Barry EX-OFFICIO MEMBERS City of Pearland PEDC Mayor Tom Reid Matt Buchanan PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS Melissa Black Roxanne Luna -Larsen Brian Malone Valerie Marvin CITY OF PEARLAND STAFF MEMBERS Susan Polka Director of Engineering Minutes of a Regular Meeting July 16, 2015 Page 2 II. New Business A. South Spectrum Drive — Engineering Services Agreement President Buchanan discussed with the Board new federal regulations that will go into effect in late August 2015 that would add time and expense to the proposed roadway construction of South Spectrum Boulevard and the box culverts needed to enclose the Kirby Drive ditch. President Buchanan recommended that the work of converting the Kirby ditch begin prior to August 29, 2015 and requested consensus of the Board to move forward with the publication of a public hearing for a Reimbursement Agreement with the City for an estimated amount of $1,546,830 for the Kirby ditch improvements. Board concurred with moving forward at our July 30'2015 meeting No action was taken III. Other Business The meeting did not go into recess and did not enter into Executive Session 1. Section 551.087 — Deliberations Regarding Economic Development Negotiations — Prospect #1503 2. Section 551.087 — Deliberations Regarding Economic Development Negotiations — Prospect #1410 New Business Continued: B. Economic Development Negotiations — Deliberations Regarding Economic Development Negotiations — Prospect #1503 No action was taken C. Deliberations Regarding Economic Development Negotiations — Prospect #1506 No action taken IV. Adjournment: The meeting was adjourned at 5:28 p.m. Minutes approved as submitted and/or corrected this A.D., 2015. ATTEST: She' a Fischer, Secretary day of 6.4_,(9„,,i-- , Ru.hi '.tel, Chair