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2022-09-22 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, SEPTEMBER 22, 2022, 5:00 P.M. I. CALL TO ORDER The meeting was called to order at 5:01 p.m. BOARD MEMBERS Chair Mona Chavarria Secretary Antonio Johnson Board Member Jerry Koza, Jr. Board Member Michi Bruns Clay EX-OFFICIO MEMBERS PEDC Matt Buchanan City of Pearland Kevin Cole Pearland Chamber Jim Johnson PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS Melissa Black Jess Byerly Roxanne Luna -Larsen Brian Malone Valerie Marvin Mou Sarkar CITY OF PEARLAND Darrin Coker Ron Fraser Amy Johnson John McDonald Lawrence Provins Tracy Rohrbacher Minutes of a Regular Meeting September 22, 2022 Page 2 II. APPROVAL OF MINUTES Secretary Johnson made a motion, seconded by Board Member Koza to approve the minutes of the Regular Meeting of August 25, 2022. Motion Passed: 4 — 0 III. PUBLIC COMMENTS None. IV. NEW BUSINESS A. Board of Directors 2023 Board Meeting Dates Board Member Koza made a motion, seconded by Board Member Clay, to approve the proposed 2023 Board Meeting Dates as presented. Motion Passed: 4 - 0 B. Pearland Innovation Hub Board of Directors Appointments Board Member Clay made a motion, seconded by Board Member Koza, to approve the appointment of Randeep Nambiar, Mona Chavarria, Ann Strouhal, Brandon Dansby Bill Jackson, Jim Johnson and Matt Buchanan to the Pearland Innovation Hub non-profit corporation Board of Directors. Motion Passed: 4 — 0 C. Monthly Activity Monthly Activity Report was reviewed. No action taken. The meeting went into Executive Session at 5:06 p.m. V. OTHER BUSINESS: Executive Session Under Texas Government Code • it 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 - Project #2203 3. SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS — Project #2206 SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS Project #2207 Minutes of a Regular Meeting September 22, 2022 Page 3 The Board closed Executive Session and reconvened into Open Session at 5:43 p.m. VI. NEW BUSINESS CONTINUED Deliberations Regarding the Lease, Purchase or Sale of Real Property Prospect #2203 Secretary Johnson made a motion, seconded by Board Member Koza, to authorize the President to enter into professional service agreements as discussed in executive session. Motion Passed: 4 — 0 Deliberations Regarding Economic Development Negotiations — Prospect #2206 Board Member Koza made a motion, seconded by Secretary Johnson, to approve the Chairman to enter into a Reimbursement Agreement with the City of Pearland related to Prospect #2206 to fund land acquisition and the design and construction of drainage, roads and utilities infrastructure in an amount estimated to be $1,600,000, or the actual cost? Motion Passed: 4 — 0 F. Deliberations Regarding Economic Development Negotiations — Project #2207 No action taken. VII. ADJOURNMENT: The meeting adjourned at 5:44 p.m. Minutes approved as submitted and/or corrected this A.D., 2022. Chair day of 0 CIO tXC