2017-09-28 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, SEPTEMBER 28, 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 5:03 p.m.
BOARD MEMBERS
Chair Rushi Patel
Vice Chair Lucy Stevener
Secretary Brandon Dansby
Board Member Mona Chavarria
Board Member Hugh Patton
EX-OFFICIO MEMBERS
PEDC Matt Buchanan
City of Pearland Mayor Tom Reid
City of Pearland Clay Pearson
Pearland Chamber of Commerce Carol Artz-Bucek
PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS
Melissa Black
Roxanne Luna -Larsen
Brian Malone
Valerie Marvin
II. Approval of Minutes
Board Member Chavarria made a motion, seconded by Vice Chair Stevener to approve the minutes of the
Regular Meeting of July 27, 2017.
Motion Passed 4-0
Secretary Dansby arrived.
III. Public Comments:
Ted Kalivoda, President of Shadow Creek Sports & Soccer Club spoke to the Board regarding the need for
expanding sports facilities in Shadow Creek Ranch.
Minutes of a Regular Meeting
September 28, 2017
Page 2
IV. Financial Report
A. Monthly Financial Report — Chairman Patel asked for any questions regarding the August 2017
Financial Report.
Board Member Chavarria made a motion, seconded by Board Member Patton, to approve the
August 2017 Monthly Financial Report
Motion Passed: 5-0
V. New Business
A. Business Retention and Expansion Program — Contract Renewal for Services with the Pearland
Chamber of Commerce.
Vice President Malone presented the third renewal of the service contract with the Pearland
Chamber of Commerce to assist the PEDC with the Business Retention and Expansion Program.
The contracted presented would be for twelve months starting October 1, 2017 to September 30,
2018, with monthly payments of $9,494.66 for a total contract of $113,936.
Secretary Dansby made a motion, seconded by Vice Chair Lucy Stevener to approve the President
enter into a contract for services with the Pearland Chamber of Commerce for Business Retention
and Expansion assistance for an amount not to exceed $113,936.
Motion Passed: 5-0
B. Professional Service Agreements with CSL International for Further Analysis of Potential Multi -
Use Event Center Concepts
President Buchanan presented the scope of services for both the Indoor Amateur Sports Facility
and Hotel and Conference Center.
Board Member Patton made a motion, seconded by Board Member Chavarria to approve the
President enter into a professional services agreement with CSL International not to exceed
$55,000 for solicitation, evaluation and selection of a private management firm for the indoor
sports facility and Phase I of financial analysis to determine the feasibility of a conference center
hotel.
Motion Passed 5-0
C. Monthly Activity Report - President Buchanan summarized ongoing activity
The meeting went into recess at 5:52 p.m.
The meeting reconvened and went into Executive Session at 6:13 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
Secretary Dansby excused himself prior to any discussion on item 2.
2. Section 551.087 — Deliberations regarding economic development negotiations — prospect
#1407
Secretary Dansby returned after discussion on item 2 was complete.
Minutes of a Regular Meeting
September 28, 2017
Page 3
3. Section 551.072 — Acquisition of real property
4. Section 551.087 — Deliberations regarding economic development negotiations — prospect
#1704
The Board reconvened into Open Session at 7:02 p.m.
New Business Continued:
D. Economic Development Negotiations — Business Attraction/Retention Projects
No action taken
E. Economic Development Negotiations — Prospect #1407
Board Member Chavarria made a motion, seconded by Board Member Patton, to approve the
President enter into a revised Reimbursement Agreement with the City of Pearland to fund the
actual cost of design construction of the City's share of drainage and roadway improvements and
property acquisition, estimated to be $2,243,584.
Motion Passed: 4-0
Dansby abstained
F. Economic Development Negotiations — Acquisition of Real Property
No action taken
G. Economic Development Negotiations Project #1704 - Regarding litigation associated with PEDC
facilities
Vice Chair Stevener made a motion, seconded by Board Member Chavarria, to authorize the
President the President enter into a Loan Agreement with Prospect #1704 and/or related entities
for an amount not to exceed $846,000 and to approve the President enter into a Lease
Amendment with Cardiovascular Systems, Inc and approve the President to enter into a sales
agreement with Project #1704 to allow the sale of 5+ acres at $5/ sf.
Adjournment: The meeting was adjourned at 7:05 p.m.
Minutes approved as submitted and/or corrected this
A.D., 2017.
ATTEST:
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(ui4tv''ner, Vice Chair
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Rushi Patel, Chair