2016-08-08 PEARLAND ECONOMIC DEVELOPMENT CORPORATION REGULAR MEETING MINUTES
MINUTES OF A SPECIAL MEETING OF THE PEARLAND ECONOMIC DEVELOPMENT CORPORATION (“PEDC”) BOARD
OF DIRECTORS OF THE CITY OF PEARLAND, TEXAS HELD THURSDAY, AUGUST 8, 2016 5:30 P.M., FIRST FLOOR
CONFERENCE ROOM, CITY OF PEARLAND, 3519 LIBERTY DRIVE, PEARLAND, TEXAS.
I. CALL TO ORDER
The meeting was called to order at 5:53 p.m.
BOARD MEMBERS
Chair Rushi Patel
Vice-Chair Lucy Stevener
Board Member Hugh Patton
Board Member Reid Wendell
EX-OFFICIO MEMBERS
PEDC Matt Buchanan
PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS
Melissa Black
Brian Malone
Roxanne Luna-Larsen
II. NEW BUSINESS
A. Refunding of Series 2005 and Series 2006 Sales Tax Revenue Bonds
John Robock, BOSC Financial, presented an overview of the final pricing results and bids for the
Sales Tax Revenue Refunding Bonds, Series 2016. The lowest bid received was 2.36% for a 15
year debt by Regions Capital Advantage, Inc.
Vice Chair Stevener made a motion, seconded by Board Member Patton, to approve a resolution
authorizing the issuance of the Pearland Economic Development Corporation sales tax revenue
refunding bonds, series 2016.
Motion Passed: 4-0
III. ADJOURNMENT
The meeting was adjourned at 6:01 p.m.
Minutes approved as submitted and/or corrected this ____________________ day of ______________________,
A.D., 2016.
____________________________________
Rushi Patel, Chair
ATTEST: _____________________________________
Lucy Stevener, Vice Chair