2019-09-26 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, SEPTEMBER 26, 2019, 5:30 P.M., BOARD
ROOM, PEDC OFFICE, 3519 LIBERTY DRIVE, SUITE 350, PEARLAND, TEXAS.
CALL TO ORDER
The meeting was called to order at 5:30 p.m.
BOARD MEMBERS
Chair Brandon Dansby
Secretary Mona Chavarria
Vice Chair Hugh Patton
Board Member Rushi Patel
Board Member Chad Thumann
Board Member Reid Wendell
EX-OFFICIO MEMBERS
PEDC
City of Pearland
Matt Buchanan
Clay Pearson
PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS
Melissa Black
Jessica Byerly
Brian Malone
CITY OF PEARLAND
Darrin Coker
Trent Epperson
Rhonda Daugherty
John McDonald
II. APPROVAL OF MINUTES
Board Member Patel made a motion, seconded by Board Member Thumann, to approve the minutes of
the Regular Meeting of August 21, 2019.
Motion Passed: 5-0
III. PUBLIC COMMENTS
John McDonald, Community Development Director, introduced Senior Planner Mohamed Bireima.
Minutes of a Regular Meeting
September 26, 2019
Page 2
IV. FINANCIAL REPORT
A. Monthly Financial Report —August 2019
President Buchanan presented the August 2019 Financial Report.
Board Member Patel made a motion, seconded by Secretary Chavarria, to approve the August
2019 Financial Report.
Motion Passed: 5-0
V. NEW BUSINESS
A. Excuse the absence of Secretary Chavarria from the Regular Meeting on August 21, 2019.
Board Member Patel made a motion, seconded by Board Member Wendell, to approve the
absence of Secretary Chavarria from the Regular Meeting on August 21, 2019.
Motion Passed: 5-0
Vice Chair Patton arrived
B. Amendment to the Contract for PEDC to Provide Administrative Services to the Pearland
Municipal Management District #2
The current contract with the Pearland Municipal Management District#2 will expire on
November 2019. To continue PEDC providing general administrative support, including board
packet preparation, meeting coordination and positing of official notices, President Buchanan
recommended that the term of the contract be extended for an additional three year term,
ending on November 21, 2022 with the district paying a flat fee of $3,000 quarterly or $12,000
annually.
Secretary Chavarria made a motion, seconded by Board Member Wendell, to approve the
President amend the Administrative Services Contract with the Pearland Municipal Management
District #2 for an additional 3 year term from November 21, 2019 to November 21, 2022 with the
district paying a flat fee of $3,000 quarterly or $12,000 annually.
Motion Passed: 6-0
C. 2020 Board of Directors Meeting Dates
President Buchanan presented the Board with regular board meeting dates for 2020.
Secretary Chavarria made a motion, seconded by Board Member Thumann to approve the 2020
Board Meeting Schedule as presented.
Motion Passed: 6-0
D. Monthly Activity Report — President Buchanan summarized ongoing activity.
No action taken.
The meeting went into recess at 5:53 p.m.
The meeting reconvened and went into Executive Session at 5:54 p.m.
Minutes of a Regular Meeting
September 26, 2019
Page 3
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 #1905
The Board reconvened into Open Session at 6:17 p.m.
VII. NEW BUSINESS CONTINUED:
E. Board Member Patel made a motion, seconded by Board Member Wendell to approve the
President to negotiate and enter into a loan agreement with Prospect #1905 and related entities
for an amount not to exceed $406,000.
Motion Passed: 6-0
VIII. ADJOURNMENT:
The meeting was adjourned at 6:18 p.m.
Minutes approved as submitted and/or corrected this
A.D., 2019.
ATTEST:
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Vice -Chair
day of