2019-06-27 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, JUNE 27, 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 5:02 p.m.
BOARD MEMBERS
Chair Brandon Dansby
Vice -Chair Hugh Patton
Secretary Mona Chavarria
Board Member John Lyle
Board Member Chad Thumann
Board Member Reid Wendell
EX-OFFICIO MEMBERS
PEDC Matt Buchanan
City of Pearland Tom Reid
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
Trent Epperson
Rhonda Daugherty
John McDonald
Minutes of a Regular Meeting
June 27, 2019
Page 2
II. APPROVAL OF MINUTES
Vice Chair Patton made a motion, seconded by Board Member Thumann, to approve the minutes of the
Regular Meeting of May 30, 2019.
Motion Passed: 6-0
I11. PUBLIC COMMENTS
None
IV. FINANCIAL REPORT
A. Monthly Financial Report — May 2019
President Buchanan presented the May 2019 Financial Report.
Board Member Lyle made a motion, seconded by Secretary Chavarria, to approve the May 2019
Financial Report.
Motion Passed: 6-0
V. NEW BUSINESS
A. Program of Work 2019-2020
A report showing the progress made to date on the 2018-19 Program of Work was presented
along with the proposed 2019-20 Program of Work.
Board Member Lyle made a motion, seconded by Secretary Chavarria, to approve the proposed
2019-2020 Program of Work
Motion Passed: 6-0
Public Hearing — FY 2019-20 Budget and Related Projects
The Public Hearing was opened at 5:30 p.m. by Chairman Dansby. There were no public
comments. The Public Hearing was closed at 5:30 p.m.
C. Date for Special Meeting to conduct Budget Workshop
Board Member Patel and Secretary Chavarria requested a special meeting to conduct a workshop
for the budget. Possible date and time was discussed.
Secretary Chavarria made a motion, seconded by Vice Chair Patton, to hold a special meeting for
consideration of the FY 2019-20 Budget on July 12, 2019 at 1 p.m. at PEDC offices.
Motion Passed: 6-0
Amendment of the FY2018-19 Budget and Adoption of the FY2019-20 Budget
President Buchanan listed the amendments to the FY2018-19 Budget and reviewed the FY2019-
20 Budget
Secretary Chavarria made a motion, seconded by Board Member Thumann, to postpone action
on this item to the July 12, 2019 Special Meeting.
E. Monthly Activity Report — President Buchanan summarized ongoing activity.
No action taken.
The meeting went into recess at 6:12 p.m.
The meeting reconvened and went into Executive Session at 6:26 p.m.
VI. OTHER BUSINESS
Executive Session Under Texas Government Code
Minutes of a Regular Meeting
June 27, 2019
Page 3
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 #1808
The Board reconvened into Open Session at 6:45 p.m.
VII. NEW BUSINESS CONTINUED:
E. Economic Development Negotiations — Project #1808
Board Member Lyle made a motion, seconded by Board Member Wendell, to approve the
President to negotiate and enter into a loan agreement with Prospect #1808 and related entities
for an amount not to exceed $250,000.
VIII. ADJOURNMENT:
The meeting was adjourned at 6:46 p.m.
Minutes approved as submitted and/or corrected this 64 1 day of
A.D , 2019.
ATTEST:
Vice -Chair
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Chair