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2021-08-26 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, AUGUST 26, 2021, 5:00 P.M. I. CALL TO ORDER The meeting was called to order at 5:02 p.m. BOARD MEMBERS Chair Reid Wendell Vice Chair Mona Chavarria Board Member Antonio Johnson Board Member John Lyle Board Member Hugh Patton Board Member David Selsky EX-OFFICIO MEMBERS PEDC Matt Buchanan City of Pearland Clay Pearson Pearland Chamber of Commerce Jim Johnson PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS Melissa Black Jess Byerly Valerie Marvin Brian Malone CITY OF PEARLAND Trent Epperson John McDonald Lawrence Provins Tom Reid Kristen Woolley Minutes of a Regular Meeting August 26, 2021 Page 2 II. APPROVAL OF MINUTES Board Member Selsky made a motion, seconded by Board Member Johnson, to approve the minutes of the regular meeting of July 29, 2021 Motion Passed: 6 — 0 III. PUBLIC COMMENTS None IV. FINANCIAL REPORT A. Monthly Financial Report -July 2021 President Buchanan presented the July 2021 Financial Report. Board Member Johnson made a motion, seconded by Board Member Selsky, to approve the July 2021 Financial Report. Motion Passed: 6 - 0 V. NEW BUSINESS A. Excuse the absences of Chair Wendell, Vice Chair Chavarria and Board Member Lyle from the Regular meeting on July 29, 2021 Vice Chair Chavarria made a motion, seconded by Board Member Selsky, to excuse the absence of Chair Wendell, Vice Chair Chavarria and Board Member Lyle from the Regular meetings on July 29, 2021 Motion Passed. 6 — 0 B. Economic Alliance Houston Port Region Annual Report and Contract Renewal Chad Burke, President/CEO of the Economic Alliance Houston Port Region (EAHP), gave an update of EAHP activities and presented a contract for continued membership, $10,000 per year for three years. Vice Chair Chavarria made a motion, seconded by Board Member Johnson, to enter into a new three-year Economic Development Services Agreement with the EAHP for a period beginning September 1, 2021 and ending in August 31, 2025 for an amount not to exceed $30,000. Motion Passed: 6 — 0 C. Retention and Expansion - Contract Renewal for Services with the Pearland Chamber of Commerce Staff presented the Business Retention and Expansion Services Contract with the Pearland Chamber of Commerce. The renewal is for $117,000 and is for a 12-month period beginning October 1, 2021 to September 30, 2022 The contract continues the BizConnect program, business visitation surveys and industry appreciation luncheons. Minutes of a Regular Meeting August 26, 2021 Page 3 Board Member Johnson made a motion, seconded by Board Member Selsky, to approve the President to enter into a contract for services with the Pearland Chamber of Commerce for business retention and expansion assistance for an amount not to exceed $117,000 or $9,750 per month. Motion Passed: 6 — 0 D. 2022 PEDC Marketing Campaign Implementation Plan and Professional Services Agreement with Lou Hammond Group for Marketing Services A marketing plan and professional services agreement for $120,000 with Lou Hammond Group was presented by staff. The 2022 plan campaign will build on campaigns from previous years and continue to communicate Pearland's brand. Lou Hammond will negotiate digital media partnerships. Board Member Lyle made a motion, seconded by Board Member Selsky, to approve the 2022 marketing campaign implementation plan and for the President to enter into a Professional Services Agreement with Lou Hammond Group for an amount not to exceed $120,000. Motion Passed: 6 - 0 E Monthly Activity Report — President Buchanan summarized ongoing activity. No action taken. The meeting went into recess at 5:56 p.m. The meeting reconvened and went into Executive Session at 6:03 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 2 Section 551 087 — Deliberations Regarding Economic Development Negotiations — Prospect — #1810 3. Section 551 087 — Deliberations Regarding Economic Development Negotiations — Prospect #2105 The Board closed Executive Session and reconvened into Open Session at 6:27 p.m. VII. NEW BUSINESS CONTINUED J. Consideration and Possible Action: Deliberations Regarding the Lease, Purchase or Sale of Real Property — #1810 No action taken. Minutes of a Regular Meeting August 26, 2021 Page 4 K. Consideration and Possible Action: Deliberations Regarding Economic Development Negotiations — Prospect #2105 Chairman Wendell made a motion, seconded by Board Member Patton, to approve the Chairman enter into a Reimbursement Agreement with the City of Pearland to fund public infrastructure costs related to Project #2105 in an amount not to exceed $1 5M as discussed in executive session. Motion Passed: 6 — 0 VIII. ADJOURNMENT: The meeting adjourned at 6:28 p m. Minutes approved as submitted and/or corrected this A.D., 2021 ATTEST: Secretary Chair day of