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2019-08-21 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 WEDNESDAY, AUGUST 21, 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 5:01 p.m. BOARD MEMBERS Chair Vice Chair Board Member Board Member Board Member Board Member EX-OFFICIO MEMBERS PEDC City of Pearland Pearland Chamber of Commerce Brandon Dansby Hugh Patton' John Lyle Chad Thomann Reid Wendell Matt Buchanan Clay Pearson Carol Artz-Bucek PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS Melissa Black Roxanne Luna -Larsen Brian Malone Valerie Marvin CITY OF PEARLAND Trent Epperson Rhonda Daugherty John McDonald Minutes of a Regular Meeting August 21, 2019 Page 2 II. APPROVAL OF MINUTES Vice Chair Patton made a motion, seconded by Board Member. Wendell, to approve the minutes of the Regular Meeting of July 25, 2019. Motion Passed: 6-0 I11. PUBLIC COMMENTS Sonia Garza -Perez, Director of Sales for the Holiday Inn Express & Suites, 1702 North Main Street, Pearland, Texas 77581 introduced herself and thanked the Board for the beautification of: the Hwy 35 corridor. She had a concern related to a turn lane across from their location being blocked by landscaping. Carol Artz-Bucek, President and CEO of the Pearland Chamber also spoke aboutthe ad hoc FM 518 meeting recently held, saying that it was a very positive meeting. Michael Feeney from Kimley- Horn gave a presentation that was very well received by those in attendance. IV. FINANCIAL REPORT A. Monthly Financial Report —July 2019 B. Quarterly Investment Report President Buchanan presented the July 2019 Financial Report and the Quarterly Investment Report. Board Member Thumann made a motion,seconded by Board Member Lyle, to approve the June 2019 Financial Report. Motion Passed 6-0 NEW BUSINESS A. Excuse the absence of Secretary Chavarria and Board Member Lyle from the Regular Meeting on May 30, 2019. Excuse the absence of Board Member Patel from the June 27, 2019 regular meeting and the July 12, 2019 special meeting (tour). Excuse the absence of Vice Chair Patton and Board Member Patel from the July 25, 2019 Regular Board meeting. Board Member Wendell made a motion, seconded by Board Member Thumann, to excuse the absence of Secretary Chavarria and Board Member Lyle from the Regular Meeting on May 30, 2019. Excuse the absence of Board Member Patel from the June 27, 2019 regular meeting and the July 12 2019 special meeting (tour). Excuse the absence of Vice Chair Patton and Board Member Patel from the July 25, 2019 Regular Board meeting. Motion Passed: 6-0 B. Business Retention and Expansion Program — Contract Renewal for Services with the Pearland Chamber of Commerce Brian Malone presented a new contract for renewal with the Pearland Chamber of Commerce for Business Retention and Expansion services. The majority of the contract provisions remain the same including the metrics that were put in place by the previous contract The Chamber has met these metrics over the last year and the recommendation is to renew the contract with a 3% increase from $9,494.66 to $9,750 a month or $117,000 a year. Vice Chair Patton made a motion, seconded by Board Member Lyle, to approve the President to enter into a contract for services with the Pearland Chamber of Commerce for business retention and expansion assistance for an amount not to exceed $117,000 or $9,750 per month. Minutes of a Regular Meeting August 21, 2019 Page 3 Motion Passed: 6-0 C. Strategic Plan — Community and Implementation Assessments Matt DeVeau with Market Street presented an update on the strategic plan process and discussed the draft Pearland 20/20 Implementation Assessment and completed Community Assessment. The Implementation Assessment provides an evaluation of Pearland 20/20's activities in order to gain an understanding of the areas where progress has been made and goals have been met and the areas where progress is needed. The Community Assessment examined the trends that have shaped Pearland's recent growth and included both feedback and qualitative data. N o action taken. Monthly Activity Report — President Buchanan summarized ongoing activity. N o action taken. The meeting went into recess at 6:22 p.m. The meeting reconvened and went into Executive Session at 6:32 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 6:52 p.m. VII. NEW BUSINESS CONTINUED: N o action taken on Item 2, Project #1903. VIII. ADJOURNMENT: The meeting was adjourned at 6:52 p.m. Minutes approved as submitted and/or corrected this pact day of A.D., 2019. ATTEST: Vice -Chair Chair