2019-05-30 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 30, 2019, 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 5:04 p.m.
BOARD MEMBERS
Chair Brandon Dansby
Vice -Chair Hugh Patton
Board Member Rushi Patel
Board Member Chad Thumann
Board Member Reid Wendell
EX-OFFICIO MEMBERS
PEDC Matt Buchanan
City of Pearland Tom Reid
City of Pearland Clay Pearson
Pearland Chamber of Commerce Carol Artz-Bucek
PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS
Melissa Black
Jessica Byerly
Roxanne Luna -Larsen
Brian Malone
Valerie Marvin
CITY OF PEARLAND
Jon Branson
Darrin Coker
Trent Epperson
Rhonda Daugherty
Minutes of a Regular Meeting
May 30, 2019
Page 2
II. APPROVAL OF MINUTES
Board Member Thumann made a motion, seconded by Board Member Lyle, to approve the minutes of the
Regular Meeting of April 25, 2019.
Motion Passed: 4-0
III. PUBLIC COMMENTS
None
IV. FINANCIAL REPORT
Vice -Chair Patton arrived during the discussion.
A. Monthly Financial Report April 2019
President Buchanan presented the April 2019 Financial Report.
Quarterly Investment Report
President Buchanan presented the Quarterly Investment Report.
Board Member Patel made a motion, seconded by Board Member Wendell, to approve the April
2019 Financial Report and the 2nd Quarter Quarterly Investment Report.
Motion Passed 5-0
V. NEW BUSINESS
A. Revised 2019 Board Meeting Dates
Three PEDC Board meeting dates were revised to allow Market Street to present information to
both the strategic plan steering committee and the PEDC Board. The dates are: August 21, 2019,
October 30, 2019 and December 11, 2019.
Board Member Patel made a motion, seconded by Board Member Thumann, to approve the
revised PEDC Board Meeting Dates for 2019.
Motion Passed: 5-0
B. Broadway Corridor Development Plan — Stakeholder Committee
A stakeholder committee and its members was proposed to assist the process of developing the
Broadway Corridor Development Plan. PEDC is examining the Broadway Corridor from SH 288 to
SH 35 in advance of the Texas Department of Transportation finalizing its schematic for the
corridor. The Committee's role will be to review information, discuss their benefits and impacts,
and make plan recommendations to PEDC and its consultants. The Committee will represent
various interested parties throughout Pearland, such as business and property owners, residents,
and local government offices.
Board Member Thumann made a motion, seconded by Board Member Wendell, to approve the
proposed stakeholder committee members, which include Matt Buchanan, Trent Epperson,
Robert Upton, John McDonald, Matt Hanks, Andrea Broughton, Keith Ordeneaux, Carol Artz-
Bucek, Jo Beth Prochaska, Craig Slater, Sandy Cavazos, and Jeff Barry.
Motion Passed: 5-0
C. Indoor Sports Facility — Next Steps
Sports Facilities Advisory (SFA) completed the Financial Forecast (Phase II) for a potential indoor
sports facility in Pearland and presented it to the Board at the April 2019 meeting. The Board
posed several questions during the meeting and responses have been received back from SFA
who have also provided a revised operating pro forma. It was recommended that the concept
plan, market study and pro forma be presented to City Council for their input.
Minutes of a Regular Meeting
May 30, 2019
Page 3
Board Member Wendell made a motion, seconded by Vice Chair Patton recommending that the
concept, market study and pro forma be presented to City Council for their input.
Motion Passed: 4-1
Opposed: Thumann
D. Monthly Activity Report — President Buchanan summarized ongoing activity.
No action taken.
The meeting went into recess at 5:48 p.m.
The meeting reconvened and went into Executive Session at 5:59 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
2 SECTION 551 087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS
Project #1903
The Board reconvened into Open Session at 6:26 p.m.
VII. NEW BUSINESS CONTINUED:
E Economic Development Negotiations — Project #1903
No action taken.
VIII. ADJOURNMENT:
The meeting was adjourned at 6:26 p.m.
Minutes approved as submitted and/or corrected this
A.D., 2019.
ATTEST:
Vice -Chair
Chair
day of ,