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2021-10-28 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, OCTOBER 28, 2021, 5:00 P.M. I. CALL TO ORDER The meeting was called to order at 5:05 p.m. BOARD MEMBERS Chair Reid Wendell Vice Chair Mona Chavarria Secretary Chad Thumann Board Member Antonio Johnson 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 Valerie Marvin Brian Malone CITY OF PEARLAND Trent Epperson Lawrence Prowls Tracy Rohrbacher Kristen Woolley II. APPROVAL OF MINUTES Vice Chair Chavarria made a motion, seconded by Secretary Thumann, to approve the minutes of the regular meeting of September 30, 2021. Motion Passed: 4 — 0 Minutes of a Regular Meeting October 28, 2021 Page 2 III. PUBLIC COMMENTS Robert Johnson, the new San Jacinto College Small Business Development Center Advisor, was introduced by President Buchanan. IV. FINANCIAL REPORT A. Monthly Financial Report - September 2021 President Buchanan presented the September 2021 Financial Report. Secretary Thumann made a motion, seconded by Board Member Johnson, to approve the Financial Report. Motion Passed: 4 - 0 V. NEW BUSINESS A. Excuse the absence of Secretary Thumann and Board Member Johnson from the Regular meeting on September 30, 2021. Vice Chair Chavarria made a motion, seconded by Chairman Wendell, to excuse the absence of Secretary Thumann and Board Member Johnson, from the Regular meeting on September 30, 2021. Motion Passed: 4 — 0 B. Pearland Chamber of Commerce Quarterly Biz Connect Report Pearland Chamber President, Jim Johnson, presented the Pearland Chamber of Commerce Quarterly BizConnect report. Board Member Johnson made a motion, seconded by Vice Chair Chavarria, to approve the Pearland Chamber Quarterly BizConnect Report as presented. Motion Passed: 4-0 C. Professional Services Agreement for Development and Operation of the Pearland Entrepreneurial Hub with the Cannon Workspace, LLC. A three-year Professional Services Agreement with the Cannon was presented, with the agreement costing $927,000 includeing start-up costs for an Entrepreneurship Hub, its operation and the hiring of a Navigator. Vice Chair Chavarria made a motion, seconded by Secretary Thumann, to approve the President to negotiate and enter into a Professional Services Agreement with the Cannon for a three-year contract for an amount not to exceed $927,000. Motion Passed: 4 — 0 D. Construction Contract for 288 Corridor Master Improvement Plan Phase IV with Millis Development and Construction, LLC and the City of Pearland Brought for consideration was Phase IV of the 288 Corridor Master Improvement Plan with Millis Development and Construction, LLC as the contractor. This phase includes the pear sculptures, gateway signage, landscaping and irrigation, lighting, water fountain and tree installations. Minutes of a Regular Meeting October 28, 2021 Page 3 Vice Chair Chavarria made a motion, seconded by Chairman Wendell, to approve the City to award a contract with Millis Development & Construction, LLC for the Phase IV base bid and Alternate 1 for an amount of $18,060,608.76 and approve $450,000 for contingency. Motion Passed: 3 —1 Opposed by Thumann E. Media Services Agreements for 2022 Marketing Campaign Implementation with Reach Local, Houston Business Journal and Houston Public Media As part of the 2022 Marketing Plan Implementation, Lou Hammond Group has negotiated with three vendors for the digital and media services. Board Member Johnson made a motion, seconded by Secretary Thumann, to approve the President negotiate and enter into an agreement with ReachLocal for $118,000, with Houston Business Journal for $70,000 and with Houston Public Media for $50,000. Motion Passed: 4 — 0 F. Reimbursement Agreement for TxDOT's Reconstruction of FM 518/Broadway Phase I Right of Way Acquisition with the City of Pearland A Reimbursement Agreement between the PEDC and the City of Pearland for the PEDC to provide the City's 10% share of ROW acquisition costs for Phase I of the FM 518 Reconstruction was presented. Secretary Thumann made a motion, seconded by Board Member Johnson, for the Chair to execute a reimbursement agreement with the City of Pearland to fund the Phase I ROW Acquisition for FM 518/ Broadway Reconstruction in an amount of $495,357.14 Motion Passed: 4 — 0 G. Carryovers and Amendments to the FY 2021-22 Budget Amendments to the FY 2021-22 Budget including carryovers were presented for consideration. Amendments increase expenditures from $26.3M to $28.1M. Vice Chair Chavarria made a motion, seconded by Secretary Thumann, to approve amending the FY 2021-22 budget to reflect total expenditures of $28,267,871. Motion Passed: 4 - 0 H. Monthly Activity Report — President Buchanan summarized ongoing activity. No action taken. Minutes of a Regular Meeting October 28, 2021 Page 4 The meeting went into recess at 6:22 p.m. The meeting reconvened and went into Executive Session at 6:30 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 The Board closed Executive Session and reconvened into Open Session at 6:51 p.m. VII. ADJOURNMENT: After no further business, the meeting adjourned at 6:51 p.m. Minutes approved as submitted and/or corrected this day of A.D., 2021. ATTEST: (ad Secretary _-- Chair