2022-01-20 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, JANUARY 20, 2022, 5:00 P.M.
CALL TO ORDER
The meeting was called to order at 5:01 p.m.
BOARD MEMBERS
Vice Chair Chad Thumann
Secretary John Lyle
Board Member Randeep Nambiar
Board Member Jerry Koza, Jr.
Board Member David Selsky
EX-OFFICIO MEMBERS
PEDC Matt Buchanan
Mayor Kevin Cole
City of Pearland Clay Pearson
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
Darrin Coker
Trent Epperson
Ron Fraser
Amy Johnson
John McDonald
Lawrence Provins
Kristen Woolley
Minutes of a Regular Meeting
January 20, 2022
Page 2
II. APPROVAL OF MINUTES
Board Member Selsky made a motion, seconded by Board Member Koza to approve the minutes of the
Regular Meeting of December 9, 2021.
Motion Passed: 5 — 0
III. PUBLIC COMMENTS
None.
IV. FINANCIAL REPORT
A. Monthly Financial Reports — October and November 2021
B. Quarterly Investment Report
President Buchanan presented the October and November 2021 Financial Reports and the
Quarterly Investment Report.
Secretary Lyle made a motion, seconded by Board Member Selsky, to approve the October and
N ovember 2021 Financial Reports and the Quarterly Investment Report.
Motion Passed: 5 - 0
V. NEW BUSINESS
A. Excuse the absence of Secretary Lyle from the Regular Meeting on December 9, 2021.
Board Member Selsky made a motion, seconded by Board Member Koza, to excuse the absence
of Board Member Lyle, from the Regular Meeting on December 9, 2021.
Motion Passed: 5 — 0
B. Pearland Chamber of Commerce Quarterly Biz Connect Report
Pearland Chamber President/CEO, Jim Johnson, presented the Chamber of Commerce Quarterly
BizConnect Report.
Board Member Selsky made a motion, seconded by Secretary Lyle, to approve the Chamber of
Commerce Quarterly BizConnect Report.
Motion Passed: 5 — 0
C. Implementation of Pearland Prosperity Business Formation and Early Stage Growth Focus Area:
Operational Policy of the Pearland Innovation Hub Advisory Board
✓ ice President Malone presented a draft of the Operational Policy for the Pearland Innovation
Hub Advisory board.
N o action taken.
Minutes of a Regular Meeting
January 20, 2022
Page 3
Professional Services Agreement for SH 288 Corridor Master Improvement Plan with Cobb
Fendley & Associates for Construction Phase Services
A proposal from Cobb Fendley and Associates was presented for services that would oversee the
installation of civil, electrical and structural items for Phase IV of the SH 288 Corridor Master
Improvement Plan.
Board Member Selsky made a motion, seconded by Secretary Lyle to approve the President enter
into a Professional Services Contract with Cobb Fendley & Associates for construction
management services for the SH 288 Phase IV improvements in amount not to exceed
$196,623.00.
Motion Passed: 5 — 0
E. Monthly Activity Report — Vice President Malone summarized ongoing activity.
No action taken.
The meeting went into recess at 5:38 p.m.
The meeting reconvened and went into Executive Session at 5:46 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 551.072 — Deliberations Regarding the Lease, Purchase Or Sale Of Real Property Prospect #2022
The Board closed Executive Session and reconvened into Open Session at 6:10 p.m.
VII. NEW BUSINESS CONTINUED
F. Consideration and Possible Action: Deliberations Regarding the Lease, Purchase or Sale of Real
Property — Prospect #2022
No action taken.
VIII. ADJOURNMENT:
The meeting adjourned at 6:11 p.m.
Minutes approved as submitted and/or corrected this
A.D., 2022.
ATTEST:
Chair
day of
Secretary