2018-08-23 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, AUGUST 23, 2018 5 00 P.M. BOARD ROOM,
PEDC OFFICE, 3519 LIBERTY DRIVE, SUITE 350, PEARLAND, TEXAS.
CALL TO ORDER
The meeting was called to order at 5:05 p.m.
BOARD MEMBERS
Chair Brandon Dansby
Vice -Chair Hugh Patton
Secretary Mona Chavarna
Board Member Rushi Patel
Board Member Chad Thumann
Board Member Reid Wendell
Board Member Celeste Jefferson
EX-OFFICIO MEMBERS
PEDC Matt Buchanan
City of Pearland Tom Reid
City of Pearland Clay Pearson
Pearland Area Chamber Carol Artz-Bucek
PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS
Melissa Black
Brian Malone
Valerie Marvin
CITY OF PEARLAND
Jon Branson
Darrin Coker
Trent Epperson
Rhonda Daugherty
Minutes of a Regular Meeting
August 23 2018
Page 2
II. APPROVAL OF MINUTES
Secretary Chavarria made a motion, seconded by Board Member Jefferson, to approve the minutes of the
Regular Meeting ofJune 28, 2018.
Motion Passed: 6-0
III. RECOGNITION
Lucy Stevener was recognized with a plaque for her service to the PEDC Board of Directors.
IV. PUBLIC COMMENTS
None
V. FINANCIAL REPORT
A. Monthly Financial Report —June 2018
President Buchanan presented the June 2018 Financial Report. Rhonda Daugherty, City of
Pearland Finance Assistant Director was present to address any questions.
B. Quarterly Investment Report
Rhonda Daugherty presented the Quarterly Investment Report.
Secretary Chavarria, made a motion, seconded by Board Member Wendell, to approve the June
2018 Financial Report and the Quarterly Investment Report
Motion Passed 6-0
VI. NEW BUSINESS
Board Member Patel arrived
A. Chamber of Commerce Quarterly Biz Connect Report
President of the Pearland Chamber of Commerce, Carol Artz-Bucek, presented the third quarter
Report for Business Retention and Expansion Contract from the Pearland Chamber of Commerce.
No action taken.
B. Professional Services Agreement with SFA, LLC for advisory services related to an Indoor Sports
Facility
After reviewing RFI presentations from two companies, Fieldhouse USA and SFA/SFM/Vieste, the
committee tasked to evaluate the proposals determined that further research will be necessary
to determine what an ideal facility for Pearland would involve Evan Eleff, Chief Operating Officer
for SFA/SFM, presented the Board with scope and services for a professional services agreement
between PEDC and SFA/SFM that would provide the additional research and information. The
scope of work would include determining the demand for each specific use of the facility, its cost,
financial feasibility and the impact of the facility
Board Member Patel made a motion, seconded by Board Member Jefferson, to approve the
President enter into a Professional Services Agreement with Sports Facilities Advisory, LLC for an
amount not to exceed $50,000, for advisory services related to a potential indoor amateur sports
facility
Motion Passed: 7-0
Minutes of a Regular Meeting
August 23 2018
Page 3
C. Broadway Corridor Development Plan
PEDC Staff discussed with the Board the Request for Proposals for the Broadway Corridor
Development Plan. The plan would cover SH288 to SH 35 and its aim is to focus on facilitating
and planning for the reconstruction and widening of Broadway by TxDOT and would be a long
term guide for long term projects. Requests for Proposals to complete the plan will be sought in
September 2018, from which a consulting firm will be chosen to complete the plan, analyze the
background and existing conditions data and assessing the impact of TxDOT's planned road
widening.
No action taken.
D. Professional Services Agreement with Clark Condon for Clear Creek Trail Conceptual Master Plan
To capitalize off of the U.S. Army Corp of Engineers announcement to allocate $290M to fund
drainage improvements to the Clear Creek Watershed and the widening of Clear Creek from Dixie
Farm to SH 288, President Buchanan proposed that a Conceptual Master Plan be completed by
Clark Condon and Associates, outlining appropriate locations for trails and related amenities so
that they may be incorporated into the Corps designs or have space reserved for these type of
improvements The Plan would encompass FM 521 to Dixie Farm Road
Vice Chair Patton made a motion, seconded by Board Member Wendell, to approve the President
enter into a Professional Services Contract with Clark Condon and Associates for the Clear Creek
Trail Conceptual Master Plan for an amount not to exceed $90,000
Motion Passed: 5-2
O pposed: Patel and Thumann
E. FY 2018-19 Budget and Forecast
In response to City Council inquiries regarding retiring sales tax bonds early, President Buchanan
presented a forecast showing the year-end projected budget, proposed FY 2018-19 budget and
projections for the following three years with expected fund balances. The Board requested the
funding for the Hotel Convention Center be removed and allocated to infrastructure.
Board Member Patel made a motion, seconded by Board Member Jefferson, to not pay off any of
the outstanding bonds.
Motion Passed: 7-0
F. Monthly Activity Report — President Buchanan summarized ongoing activity.
N o action taken.
The meeting went into recess at 7:23 p.m.
The meeting reconvened and went into Executive Session at 7:33 p.m.
VII. 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 —
Project #1806
The Board reconvened into Open Session at 7:54 p.m.
VIII. NEW BUSINESS CONTINUED:
G. Economic Development Negotiations — Business Attraction/Retention Projects
N o action taken.
Minutes of a Regular Meeting
August 23, 2018
Page 4
H. Economic Development Negotiations — Project #1806
No action taken.
IX. ADJOURNMENT:
The meeting was adjourned at 7:54 p.m.
Minutes approved as submitted and/or corrected this
A.D., 2018.
ATTEST:
Hugh Patton, Vice Chair
i�
day of
Brandon Dansby, Chair %