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2021-04-22 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, APRIL 22, 2021, 5:00 P.M. CALL TO ORDER The meeting was called to order at 5:06 p.m. BOARD MEMBERS Chairman Reid Wendell Vice Chair Mona Chavarria Secretary Chad Thumann 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 Valerie Marvin Roxanne Luna -Larsen Brian Malone Jess Byerly CITY OF PEARLAND Darrin Coker Trent Epperson Ron Fraser John McDonald Kathleen Paid Lawrence Provins Minutes of a Regular Meeting April 22, 2021 Page 2 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 March 25, 2021. Motion Passed: 6-0 III. PUBLIC COMMENTS None IV. FINANCIAL REPORT A. Monthly Financial Report — March 2021 Financial Report President Buchanan presented the March 2021 Financial Report. Board Member Patton made a motion, seconded by Board Member Johnson, to approve the March 2021 Financial Report. Motion Passed: 6-0 V. NEW BUSINESS A. Implementation of Pearland Prosperity Business Formation in Early State Growth Focus Area: Final Report — Business Model and Next Steps Consultants, Carol Lauffer and Chuck Wolfe presented Phase II findings and recommendations of the Pearland Entrepreneurship HUB Mission Model Canvas Summary and Feasibility Determination, concluding that an Entrepreneurial HUB is feasible and PEDC should proceed with the development and launch of a HUB as defined in the Market Opportunity Assessment and Business Model presented to the Board. Board Member Selsky made a motion, seconded by Vice Chair Chavarria, to approve moving forward with the creation of the Pearland Entrepreneurship HUB as described in the Business Model Canvas and Plan Pearland Entrepreneurship HUB Report and begin to search for an Executive Director (Navigator) of the HUB Motion Passed: 6 — 0 B. Pearland Chamber of Commerce Quarterly BizConnect Report. Pearland Chamber President, Carol Artz-Bucek, presented the fiscal year's 2nd Quarter BizConnect report. Secretary Thumann made a motion, seconded by Board Member Patton, to approve the Pearland Chamber Quarterly BizConnect Report as presented. Motion Passed: 6-0 Minutes of a Regular Meeting April 22, 2021 Page 3 C. Professional Services Agreement with Garver for FM 518 Reconstruction and Widening A Professional Services Agreement for services by Garver was presented to the Board. The Agreement would provide project management services from the FM 518/ Broadway project implementation in the amount of $199,159. Board Member Johnson made a motion, seconded by Board Member Selsky, to approve the President enter into a Professional Services Agreement with Garver in an amount not to exceed $199,159. Motion Passed: 6 - 0 D. Monthly Activity Report — President Buchanan summarized ongoing activity. No action taken. Board Member Patton left the meeting and did not return to the meeting at 6:31. The meeting went into recess at 6:31 p.m. The meeting reconvened and went into Executive Session at 6:36 p.m. VI. OTHER BUSINESS: Executive Session Under Texas Government Code 1. Deliberations regarding the lease, purchase or sale of real property — Site Development 2. Update on Business Attraction/Retention Projects Secretary Thumann left Executive Session prior to any discussion of Item 3. due to a conflict of interest and did not return to the meeting. 3. Deliberations regarding the lease, purchase, or sale of real property —14740 Kirby Drive The Board closed Executive Session at 7:45 p.m. The Board reconvened into Open Session at 7:48 p.m. VII. NEW BUSINESS CONTINUED E. Deliberations regarding the lease, purchase or sale of real property-- Site Development No action taken. F. Deliberations regarding the lease, purchase or sale of real property —14740 Kirby Drive Vice Chair Chavarria made a motion, seconded by Board Member Johnson, approve the sale of the property located at 14740 Kirby Drive as discussed in executive session. Motion Passed: 4-0 Minutes of a Regular Meeting April 22, 2021 Page 4 VIII. ADJOURNMENT: The meeting adjourned at 7:49 p.m. Minutes approved as submitted and/or corrected this A.D., 2021. Chair ATTES day of Mat(