2017-05-25 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, MAY 25, 2017 5:00 P.M., BOARD ROOM, PEDC
OFFICE, 11233 SHADOW CREEK PARKWAY, SUITE 235, PEARLAND, TEXAS.
I. CALL TO ORDER
The meeting was called to order at 5:00 p.m.
BOARD MEMBERS
Chair Rush i Patel
Secretary Brandon Dansby
Board Member Mona Chavarria
Board Member Reid Wendell
EX-OFFICIO MEMBERS
PEDC Matt Buchanan
City of Pearland Mayor Tom Reid
City of Pearland Clay Pearson
PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS
Melissa Black
Brian Malone
Roxanne Luna -Larsen
Valerie Marvin
CITY OF PEARLAND STAFF MEMBERS
Trent Epperson
Tom March
Lawrence Provins
Kim Sinistore
Minutes of a Regular Meeting
May 25, 2017
Page 2
II. Approval of Minutes
Secretary Dansby made a motion, seconded by Board Member Chavarria to approve the minutes of the
Regular Meeting of April 27, 2017.
Motion Passed: 4-0
III. Public Comments:
None
IV. Financial Report
A. Monthly Financial Report, April 2017 — Chairman Patel asked for any questions regarding the
April 2017 Financial Report.
Secretary Dansby made a motion, seconded by Board Member Chavarria, to approve the April
27, 2017 Monthly Financial Report.
Motion Passed: 4 -0
V New Business
A. Phase 2 of Feasibility Study on Potential Facility Models with CSL International: President
Buchanan requested that the Board choose a third and possibly a fourth facility model/scenario
to be studied as part of the Market Analysis by CSL International for a potential new Multi -Use
Events Center in Pearland. The agreement with CSL includes the analysis for three facility
models. CSL previously identified two potential supportable programs including an indoor
amateur sports facility and a hotel + conference center. The two additional scenarios that had
the most positive feedback at both the April 27, 2017 board meeting and the Pearland 20/20
Steering Team meeting were an Outdoor Amateur Sports Complex and Performing Arts/ Cultural
Event Venue.
Board member Chavarria made a motion, seconded by Board member Wendell to proceed with
Market Supportable Program Analysis for an Indoor Amateur Sports Facility, a Hotel + Conference
Center, and an Outdoor Amateur Sports Complex and approve the President to amend the
agreement with CSL International for an additional $3,500 to include a Performing Arts/Cultural
Event Venue in the Market Supportable Program Analysis.
B. Monthly Activity Report - President Buchanan summarized ongoing activity
The meeting went into recess and Executive Session at 5:17 p.m.
VI. Other Business
Executive Session Under Texas Government Code
Section 551.087 — Deliberations regarding economic development negotiations — Update on
Business Attraction/Retention Projects
Section 551.087 — Deliberations regarding economic development negotiations — Project
#1703
3. Section 551.087 — Deliberations regarding economic development negotiations — Project
#1602
The Board reconvened into Open Session at 5:41 p.m.
Minutes of a Regular Meeting
May 25, 2017
Page 3
New Business Continued:
E. Economic Development Negotiations — Business Attraction/Retention Projects
No action taken
F. Economic Development Negotiations — Prospect #1703
Chairman Patel made a motion, seconded by Secretary Dansby, to approve the President to
negotiate and enter into a loan agreement with Prospect #1703 and related entities for an
amount not to exceed $40,000.
G. Economic Development Negotiations — Prospect #1602
No action taken.
Adjournment: The meeting was adjourned at 5:41 p.m.
Minutes approved as submitted and/or corrected this or
A.D., 2017.
ATTEST:
Lucy Ste - er, Vice Chair
day of
Rush ` Pat:;a, Chair
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