2016-02-25 PEARLAND ECONOMIC DEVELOPMENT CORPORATION REGULAR MEETING MINUTES
MINUTES OF A REGULAR MEETING OF THE PEARLAND ECONOMIC DEVELOPMENT CORPORATION (“PEDC”) BOARD
OF DIRECTORS OF THE CITY OF PEARLAND, TEXAS HELD THURSDAY, FEBRUARY 25, 2016, 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 Brandon Dansby
Board Member Mona Chavarria
Board Member Jeff Barry
Board Member Hugh Patton
Board Member Reid Wendell
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
Jon Branson
Tara Kilpatrick
Rick Overgaard
Interim Finance Director - Cynthia Pearson
Minutes of a Regular Meeting
February 25, 2016
Page 2
II. Approval of Minutes: Board Member Barry made the motion, seconded by Secretary Patton to approve
the minutes of the Regular Meeting of January 21, 2016.
Motion Passed: 6 – 0
III. Public Comments:
None.
IV. Financial Report
A. Monthly Financial Report – December 2015
Tara Kilpatrick, Budget Officer, presented the December 2015 monthly report.
Board Member Patton arrived at 5:03 p.m.
B. Quarterly Investment Report – Fourth Quarter 2015
Rick Overgaard, Assistant Director, presented the Fourth Quarter Investment Report.
Board Member Chavarria made a motion, seconded by Vice-Chair Stevener, to approve the
December 2015 Monthly Financial Report and the Fourth Quarter Investment Report.
Motion Passed: 7-0
V. New Business
A. Presentation of the SH35 Streetscape Concept Plan.
President Buchanan introduced Jason Miller, of Clark Condon & Associates, who presented the
SH35 Streetscape Concept Plan for discussion. The design concept is based on steering
committee input and the SH 35 Redevelopment Strategy Plan. The plan proposes focusing on the
entryway at Beltway 8, planting the medians with canopy trees, enhancing pedestrian areas at
major intersection, and framing the roadway with smaller ornamental street trees along the
right-of-way. In the Old Town Site section the plan proposes creating a more desirable walking
environment and adding large planter boxes between the pedestrians and roadway traffic. A
lengthy discussion took place on why PEDC would be responsible for maintenance of the
proposed improvements. Chair Patel recommended creating a municipal management district
for the corridor.
No action taken
B. Professional Services Agreement with Clark Condon and Associates for the SH 35 Corridor
Streetscape Enhancements – Phase I
No action taken
C. Amend Reimbursement Agreement with City of Pearland for Hooper Road Reconstruction
The Hooper Road reconstruction project is a partnership between the City of Pearland, PEDC,
Lower Kirby Pearland Management District and MHI to improve the current asphalt road by
reconstructing the roadway with concrete and installing water and sanitary sewer lines from just
south to MHI to Beltway 8. A bid was advertised and the low construction bid came in at
$447,000 over the estimate for a total cost of $5,401,602. PEDC costs includes the City’s portion
of $1,920,140 and the increase for MHI of $1,081,462 for a total PEDC cost of $3,001,602.
Secretary Dansby made a motion, seconded by Board Member Patton, to authorize the Chairman
execute the amended Cost Sharing/Reimbursement Agreement with the City of Pearland.
Motion Passed: 7-0
D. Monthly Activity Report: President Buchanan summarized ongoing activity.
Report submitted to file
Minutes of a Regular Meeting
February 25, 2016
Page 3
The meeting went into recess at 6:19 p.m. and reconvened back into regular session at 6:30 p.m.
The Board went into Executive Session at 6:30 p.m.
VI. Other Business
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
#1409
3. Section 551.087 – Deliberations Regarding Economic Development Negotiations – Prospect
#1510
The Board reconvened into Open Session at 7:03 p.m.
New Business Continued:
E. Economic Development Negotiations – Business Attraction/Retention Projects
No action taken
F. Economic Development Negotiations – Prospect #1600
Secretary Dansby made a motion, seconded by Board Member Barry, to approve that the
President negotiate and amend the loan agreement with Prospect #1600 for an additional
amount not to exceed $300,000.
Motion Passed: 7-0
G. Economic Development Negotiations – Regarding potential litigation associated with
development incentives
No action taken
H. Economic Development Negotiations - Regarding potential litigation associated with PEDC
facilities
No action taken
VII. Adjournment: The meeting was adjourned at 7:04 p.m.
Minutes approved as submitted and/or corrected this ____________________ day of ______________________,
A.D., 2016.
____________________________________
Rushi Patel, Chair
ATTEST: _____________________________________
Lucy Stevener, Vice Chair