2017-01-19 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, JANUARY 19, 2017 5:00 P.M., BOARD ROOM,
PEDC OFFICE, 11233 SHADOW CREEK PARKWAY, SUITE 235, PEARLAND, TEXAS.
CALL TO ORDER
The meeting was called to order at 5:03 p.m.
BOARD MEMBERS
Chair Rushi Patel
Vice Chair Lucy Stevener
Secretary Brandon Dansby
Board Member Mona Chavarria
Board Member Celeste Jefferson
Board Member Hugh Patton
Board Member Reid Wendell
EX-OFFICIO MEMBERS
PEDC Matt Buchanan
City of Pearland Mayor, Tom Reid
Pearland Chamber of Commerce Carol Artz-Bucek
PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS
Melissa Black
Brian Malone
Roxanne Luna -Larsen
Valerie Marvin
CITY OF PEARLAND STAFF MEMBERS
Darrin Coker
Tom March
II. Approval of Minutes
Secretary Dansby made a motion, seconded by Board Member Chavarria to approve the minutes of the
Regular Meeting of December 8, 2016.
Motion Passed: 5-0
Minutes of a Regular Meeting
January 19, 2017
Page 2
III. Public Comments:
None
IV. Financial Report
A. Monthly Financial Report — October 2016 — President Matt Buchanan, asked for any questions
regarding the October Financial Report.
Secretary Dansby, made a motion, seconded by Board Member Jefferson, to approve the
October 2016 Monthly Financial Report
Motion Passed: 5-0
New Business
A. Excuse the absence of Vice -Chair Stevener and Board Member Wendell from the meeting of
December 8, 2016.
Board member Patton made a motion, seconded by Board Member Chavarria, to excuse the
absence of Vice -Chair Stevener and Board Member Wendell from the December 8, 2016 meeting.
Motion Passed: 5-0
B. Chamber of Commerce Quarterly Report — October — December 201
Pearland Chamber of Commerce President and CEO, Carol Artz-Bucek presented the Retention
and Expansion Quarterly Report
No action taken
Board Member Wendell arrived
C. Reimbursement Agreement with the City of Pearland for Lower Kirby District — Kirby Drive
Entryway and Corridor Enhancements Construction - President Buchanan presented a
Reimbursement Agreement with the City for the Kirby Drive entryways and corridor
enhancement project. Construction documents include one Pearland Gateway sign at BW8, two
District Gateway Signs, landscaping, removal and replanting of trees in the median, and
electricity extension to the signs and irrigation.
Board member Patton made a motion, seconded by Secretary Dansby, to approve the Chairman
to execute a reimbursement agreement with City of Pearland to fund the construction of Kirby
Drive Entryway and Corridor Enhancement in an amount not to exceed $1,130,036 plus $10,000
for material testing services.
Motion Passed: 6-0
Chairman Patel arrived
D. Monthly Activity Report - President Buchanan summarized ongoing activity
The meeting went into recess at 5:35 p.m.
The Board reconvened and went into Executive Session at 5:45 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
Minutes of a Regular Meeting
January 19, 2017
Page 3
2. Section 551.087 — Deliberations Regarding Economic Development Negotiations — Project
#1610
3. SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS
— Project #1611
4. SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS
—Project #1602
5. SECTION 551.072 — ACQUISITION OF PROPERTY
Secretary Dansby excused himself prior to any discussion of agenda item 6.
6. SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS
— Project 1607
The Board reconvened into Open Session at 6:32 p.m.
New Business Continued:
E. Economic Development Negotiations — Business Attraction/Retention Projects
No action taken
F. Economic Development Negotiations — Prospect #1610
N o discussion and no action taken.
G. Economic Development Negotiations — Prospect #1611
No action taken
H. Economic Development Negotiations — Prospect #1602
No action taken
I. Economic Development Negotiations — Acquisition of property
N o action taken
Secretary Dansby excused himself prior to the vote on agenda item J.
J. Economic Development Negotiations — Prospect #16107
Board Member Chavarria made a motion, seconded by Vice Chair Stevener, to approve the
President to enter into a Performance Agreement with Prospect #1607 for an amount not to
exceed $70,000.
VII. Adjournment: The meeting was adjourned at 6:33 p.m.
Minutes approved as submitted and/or corrected this L9tn day of 6{7f/Jst,t,tQ7',
A.D., 2017.
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Lucy S • Vice Chair
Rushi Pa •i, Chair