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2021-09-30 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, SEPTEMBER 30, 2021, 5:00 P.M. I. CALL TO ORDER The meeting was called to order at 5:03 p.m. BOARD MEMBERS Chair Reid Wendell ✓ ice Chair Mona Chavarria Board Member John Lyle Board Member Hugh Patton Board Member David Selsky EX-OFFICIO MEMBERS PEDC Matt Buchanan City of Pearland Clay Pearson City of Pearland Kevin Cole Pearland Chamber of Commerce Jim Johnson PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS Melissa Black Jess Byerly Roxanne Luna -Larsen ✓ alerie Marvin Brian Malone CITY OF PEARLAND Darrin Coker Martin Griggs Lawrence Provins Tracy Rohrbacher ✓ ance Wyley Kristen Woolley Minutes of a Regular Meeting September 30, 2021 Page 2 II. APPROVAL OF MINUTES Vice President Chavarria made a motion, seconded by Board Member Lyle, to approve the minutes of the regular meeting of August 26, 2021 Motion Passed: 5 — 0 III. RECOGNITION Brandon Dansby, past PEDC Board Director, was recognized and presented a plaque for his years of service to the PEDC Board. IV. PUBLIC COMMENTS Vance Wyley, City of Pearland Development Services Manager, was introduced by President Buchanan. V. FINANCIAL REPORT A. Monthly Financial Report - August 2021 President Buchanan presented the August 2021 Financial Report. Board Member Selsky made a motion, seconded by Board Member Lyle, to approve the August 2021 Financial Report. Motion Passed. 5 - 0 VI. NEW BUSINESS A. Excuse the absence of Secretary Thumann from the Regular meeting on August 26, 2021 Vice Chair Chavarria made a motion, seconded by Board Member Lyle, to excuse the absence of Secretary Thumann, from the Regular meeting on August 26, 2021 Motion Passed: 5 — 0 B. Reimbursement Agreement with City of Pearland for Shadow Creek Parkway Entry Sign A Reimbursement Agreement with the City of Pearland for the construction and maintenance of an entry sign at Shadow Creek Parkway was presented. Competitive sealed proposals were received and Landscape Art, Inc. offered the best value for the scope of work. Construction cost for the entryway is $220,340.74, including 10% contingency. Board Member Selsky made a motion, seconded by Vice Chair Chavarria, to approve the construction bid and the Chair to execute a reimbursement agreement with the City of Pearland to fund the construction of Shadow Creek Parkway Entryway Sign in an amount of $220,341 or the actual cost. Motion Passed: 5 — 0 Minutes of a Regular Meeting September 30, 2021 Page 3 C. General Services Contract for Plant Removal and Replacement on SH35 A general services contract with Landscape Art, Inc. for $56,708.95 for the removal and replacement of damaged corridor landscaping on SH 35 from February 2021's severe freeze was presented. The cost includes plant replacements, landscape materials and irrigation repairs. Board Member Lyle made a motion, seconded by Board Member Selsky, to approve the President to enter into a contract with Landscape Art, Inc. for $56,708.95. Motion Passed: 5 — 0 Public Hearing: Use of Sales Tax Proceeds for Lower Kirby Public Infrastructure The Public Hearing for the use of Sales Tax Proceeds for Lower Kirby Public Infrastructure was opened at 5:14 p.m. There were no public comments and the public hearing was closed at 5:14 p.m. E Public Hearing: Use of Sales Tax Proceeds for Public Infrastructure Improvements on Smith Ranch Road The Public Hearing for the Sales Tax Proceeds for Public Infrastructure Improvements on Smith Ranch Road was opened at 5:15 p.m. There were no public comments and the public hearing was closed at 5:15 p.m. F. Board of Directors 2022 Board Meeting Dates President Buchanan presented the Board with proposed board meeting dates for 2022 Board Member Selsky made a motion, seconded by Board Member Lyle, to approve the 2022 Board of Directors Meeting Dates. Motion Passed: 5 — 0 G. Report: Pearland Business Survey Results of a survey of local Pearland businesses was presented by President Buchanan to the Board. No action taken. H. City of Pearland Comprehensive Plan Update City of Pearland Planning Manager, Martin Griggs, introduced consultants from Kimley-Horn, who are updating the City of Pearland Comprehensive Plan. The consultants asked for input on updating the plan. No action taken. I. Monthly Activity Report — President Buchanan summarized ongoing activity. No action taken. Minutes of a Regular Meeting September 30, 2021 Page 4 The meeting went into recess at 6:00 p.m. The meeting reconvened and went into Executive Session at 6:13 p.m. VII. 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 — Prospect #2109 3. SECTION 551 072 — DELIBERATIONS REGARDING THE LEASE, PURCHASE, OR SALE OF REAL PROPERTY — Lower Kirby Land Acquisition 4. SECTION 551 087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT — Prospect #2105 5. SECTION 551 087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT - Prospect #2108 The Board closed Executive Session and reconvened into Open Session at 7:00 p.m. VIII. NEW BUSINESS CONTINUED J. Consideration and Possible Action: Deliberations Regarding Economic Development Negotiations — Prospect #2109 Board Member Selsky made a motion, seconded by Board Member Lyle, to approve the Chairman enter into a Reimbursement Agreement with the City of Pearland to fund public infrastructure cost in the amount of $623,000, or the actual cost, and the President to enter into a Development Agreement with Prospect #2109 for an estimated amount of $471,000. Motion Passed: 5 — 0 K. Consideration and Possible Action: Deliberations Regarding Economic Development Negotiations Prospect #2105 Vice Chairman Chavarria made a motion, seconded by Board Member Lyle, to enter into a Reimbursement Agreement with the City of Pearland to fund land acquisition and the design and construction of drainage, roads and utilities infrastructure in an amount not to exceed $1,500,000. Motion Passed: 5 — 0 L Consideration and Possible Action: Deliberations Regarding Economic Development Negotiations — Prospect #2108 Board Member Lyle made a motion, seconded by Board Member Selsky, to approve the Chairman enter into a Reimbursement Agreement with the City of Pearland to fund public infrastructure cost in an amount not to exceed $1,650,000 and the President to enter into a Development Agreement with Prospect #2108 for an amount not to exceed $240,000. Motion Passed: 5 — 0 Minutes of a Regular Meeting September 30, 2021 Page 5 IX. ADJOURNMENT: The meeting adjourned at 7:02 p.m. Minutes approved as submitted and/or corrected this A.D., 2021 Chair ATTEST: day of 0 dOblin ,