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2021-07-01 PEARLAND ECONOMIC DEVELOPMENT CORPORATION REGULAR MEETING MINUTESMINUTES OF A SPECIAL VIDEO CONFERENCE MEETING OF THE PEARLAND ECONOMIC DEVELOPMENT CORPORATION ("PEDC") BOARD OF DIRECTORS OF THE CITY OF PEARLAND, TEXAS HELD THURSDAY, JULY 1, 2021, 4:00 P.M. I. CALL TO ORDER The meeting was called to order at 4:08 p.m. BOARD MEMBERS Chairman Reid Wendell Vice Chair Mona Chavarria Board Member Antonio Johnson Board Member David Selsky EX-OFFICIO MEMBERS PEDC Matt Buchanan City of Pearland Clay Pearson City of Pearland Kevin Cole PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS Melissa Black Roxanne Luna -Larsen Brian Malone CITY OF PEARLAND Joe Calderon Darrin Coker Trent Epperson Lawrence Prowls II. PUBLIC COMMENTS None The meeting went into Executive Session at 4:09 p.m. Minutes of a Special Meeting July 1, 2021 Page 2 III. OTHER BUSINESS Executive Session Under Texas Government Code 1 SECTION 551 087 — DELIBERATIONS REGARDING THE LEASE, PURCHASE, OR SALE OF REAL PROPERTY-14740 Kirby Drive The Board closed Executive Session and convened into Open Session at 4:26p.m. IV. NEW BUSINESS CONTINUED: A. CONSIDERATION AND POSSIBLE ACTION: DELIBERATIONS REGARDING THE LEASE, PURCHASE, OR SALE OF REAL PROPERTY —14740 Kirby Drive Vice Chair Chavarria made a motion, seconded by Board Member Johnson to approve the First Amendment of the Earnest Money Contract for the sale of the property located at 14740 Kirby Drive and granted authority to extend the contract to resolve outstanding issues, if necessary, as discussed in executive session. Motion Passed: 4-0 ADJOURNMENT: The meeting was adjourned at 4:27 p.m. Minutes approved as submitted and/or corrected this A.D., 2021 ATTEST: Secretary Chair day of''