2021-02-25 PEARLAND ECONOMIC DEVELOPMENT CORPORATION REGULAR MEETING MINUTESMINUTES OF A REGULAR VIDEO CONFERENCE MEETING OF THE PEARLAND ECONOMIC DEVELOPMENT
CORPORATION ("PEDC") BOARD OF DIRECTORS OF THE CITY OF PEARLAND, TEXAS HELD THURSDAY, FEBRUARY 25,
2021, 5:00 P.M.
CALL TO ORDER
The meeting was called to order at 5:01 p.m.
BOARD MEMBERS
Chairman Reid Wendell
Vice Chair Mona Chavarria
Secretary Chad Thumann
Board Member John Lyle
Board Member Hugh Patton
Board Member Antonio Johnson
Board Member David Selsky
EX-OFFICIO MEMBERS
Pearland Chamber Carol Artz-Bucek
PEDC Matt Buchanan
City of Pearland Clay Pearson
City of Pearland Kevin Cole
PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS
Melissa Black
Jessica Byerly
Roxanne Luna -Larsen
Brian Malone
CITY OF PEARLAND
Darrin Coker
Trent Epperson
Ron Fraser
Joshua Lee
John McDonald
Kathleen Paid
Minutes of a Regular Meeting
February 25, 2021
Page 2
Trent Perez
Lawrence Provins
✓ ance Riley
Tracy Rohrbacher
Christine Turner
Kristen Woolley
II. APPROVAL OF MINUTES
✓ ice Chair Chavarria made a motion, seconded by Secretary Thumann, to approve the minutes of the
regular meeting of January 21, 2021.
Motion Passed: 6-0
III. PUBLIC COMMENTS
N one
IV. FINANCIAL REPORT
A. Monthly Financial Report — December 2020 Financial Report
President Buchanan presented the December 2020 Financial Report.
B. Quarterly Investment Report
City of Pearland Interim Deputy Finance Director, Kristin Woolley presented the first quarter
investment report.
Board Member Patton made a motion, seconded by Board Member Johnson, to approve the
December Financial Report and the first quarter quarterly investment report.
Motion Passed: 6-0
V. NEW BUSINESS
A. Excuse the absence of Board Members Lyle and Selsky from the regular meeting on January 21,
2021.
Secretary Thumann made a motion, seconded by Vice Chair Chavarria, to excuse the absence of
Board Members Lyle and Selsky from the regular meeting on January 21, 2021.
Motion Passed: 6 - 0
Minutes of a Regular Meeting
February 25, 2021
Page 3
B. Indoor Sports Economic Impact Analysis
Evan Elef, with Sports Facilities Advisory, LLC (SFA) presented the results of an analysis
evaluating the indirect and direct economic impact an amateur sports facility could bring to
Pearland. Two proformas were presented for a sports facility with and without turf. This report
was an update to a previous analysis conducted in 2019 using 2020 market factors.
Chairman Wendell made a motion, seconded by Board Member Selsky, to continue to explore
the feasibility of an amateur sports facility and to present the analysis to City Council.
Motion Passed: 7 — 0
Due to technical difficulties, the meeting went in recess at 6:10 p.m. and reconvened at 6:16 p.m.
C. Business Formation and Early Stage Growth — Market Opportunity Assessment
Business Cluster Development concluded Phase I of a study to determine if an entrepreneurship
hub in Pearland is viable Phase I assessed the Market Opportunity for a hub that meets the
preferred outcome as outlined by community partners and the Pearland Prosperity Plan. The
report includes research findings and recommendations. Recommendations also included
initiating Phase II of the study that would focus on developing the operational and cost
framework needed to implement and sustain a hub in Pearland.
No action taken.
D. Professional Services Agreement with Mike Pietsch, P.E. Consulting Services, Inc.
The City of Pearland Fire Department requested that the PEDC consider a proposal to aid in
determining whether the City may be rated a Class 1. Class ratings assess overall fire protection
for property and casualty within a city. Only 1% of all fire departments in the United States earn
this rating Being elevated to a Class 1 rating could reduce annual fire insurance premiums to
some businesses in Pearland. The Phase 1 Grading Summary would include a List of Suggested
Improvements Study costing $25,000. A Phase II and Phase III would be required if the initial
report shows that the City's rating should be rated a Class 1 city.
Board Member David Selsky made a motion, seconded by Secretary Thumann, to approve the
President enter into a Professional Services Agreement with Mike Pietsch, P.E. Consulting
Services, Inc. for an amount not to exceed $25,000.
Motion Passed: 7 - 0
E. Monthly Activity Report — President Buchanan summarized ongoing activity.
No action taken.
VI. ADJOURNMENT:
With no further business required, the meeting did not enter Executive Session and
adjourned at 6 42 p.m.
Minutes approved as submitted and/or corrected this
A.D., 2021.
day of NC\
Minutes of a Regular Meeting
February 25, 2021
Page 4
ATTEST:
Secretary