2022-08-25 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 25, 2022, 5:00 P.M.
CALL TO ORDER
The meeting was called to order at 5:03 p.m.
BOARD MEMBERS
Chair Mona Chavarria
Vice Chair Chad Thumann
Board Member Antonio Johnson
Board Member Jerry Koza, Jr.
Board Member Randeep Nambiar
Board Member Michi Bruns Clay
EX-OFFICIO MEMBERS
PEDC Matt Buchanan
City of Pearland Kevin Cole
City of Pearland Clay Pearson
PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS
Melissa Black
Jess Byerly
Roxanne Luna -Larsen
Brian Malone
Valerie Marvin
Mou Sarkar
CITY OF PEARLAND
Darrin Coker
Trent Epperson
Ron Fraser
John McDonald
Lawrence Provins
Minutes of a Regular Meeting
August 25, 2022
Page 2
I1. APPROVAL OF MINUTES
Board Member Johnson made a motion, seconded by Board Member Koza to approve the minutes of the
Regular Meeting of July 28, 2022.
Motion Passed: 4 — 0
Board Member Koza arrived at 5:04 p.m.
Board Member Nambiar arrived at 5:05 p.m.
III. PUBLIC COMMENTS
Kevin and Bal Sareen of Brask, Inc., 8720 Industrial Drive, Pearland, Texas, made comments in support of
receiving funding for expansion from the PEDC.
IV. FINANCIAL REPORT
A. Monthly Financial Reports —July 2022
The June 2022 Monthly Financial Report was presented.
A motion was made by Board Member Johnson, and seconded by Board Member Nambiar, to
approve the June 2022 Monthly Financial Report and Third Quarter Investment Report.
Motion Passed: 6 — 0
V. NEW BUSINESS
A. Excuse the absence of Chair Chavarria from the Regular Meeting on July 28, 2022.
Board Member Johnson made a motion, seconded by Board Member Koza, to approve the
absence of Chair Chavarria from the Regular Meeting on July 28, 2022.
Motion Passed: 6 — 0
B. Economic Alliance Houston Port Region Annual Report
Chad Burke, President/CEO of the Economic Alliance Houston Port Region (EAHPR), gave an
update of the EAHPR activities.
No action taken.
C. Pearland Chamber of Commerce Quarterly Report and Contract for Services with the Pearland
Chamber of Commerce
Jim Johnson, President/CEO of the Pearland Chamber of Commerce, presented the Third Quarter
Report.
Staff also presented the Business Retention and Expansion Services Contract with the Pearland
Chamber of Commerce. The renewal is for a 12-month contract at $130,000, or $10,833.33 per
month.
Minutes of a Regular Meeting
August 25, 2022
Page 3
Vice Chair Thumann, made a motion, seconded by Board Member Clay, 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 $130,000 or $10,833.33 per
month.
Motion Passed: 6 — 0
Public Hearing: Maintenance Expenses on Drainage Improvement Projects and to Update the City
of Pearland's Master Drainage Plan
The Public Hearing opened at 6:00 p.m. and closed at 6:01 p.m. There were no comments.
E. Proposed Fiscal Year 2022-2023 Budget Revision
The revision to the FY 2022-23 Budget presented includes the addition of $32,500 for drainage
facility maintenance of existing PEDC projects and $435,000 for a one-third share of the City of
Pearland's Drainage Plan update.
Board Member Koza made a motion, seconded by Board Member Johnson, to approve the
revision of the FY 2022-23 budget to include $32,000 for drainage maintenance and $435,000 for
updating the City's Master Drainage Plan.
Motion Failed: 0 — 6
Chair Chavarria made a motion, seconded by Vice Chair Thumann, to reconsider the prior
motion.
Motion Passed: 6 — 0
Chair Chavarria made a motion, seconded by Board Member Johnson, to revise the FY 2022-23
Budget to include only the $435,000 to update the City s Master Drainage Plan.
Motion Passed: 4 — 2
Thumann and Koza opposed
F. 2023 PEDC Marketing Campaign Implementation Plan and Professional Services Agreement for
Marketing Services with Lou Hammond Group
Lou Hammond Group (LHG) presented the 2023 PEDC Marketing Campaign Implementation Plan
for consideration. The plan's strategy includes a single, year -long campaign celebrating Pearland
innovation and entrepreneurship in various industries. The plan will focus on individual stories
and examples of how Pearland businesses thrive.
Also for consideration is a Professional Services Agreement with LHG to facilitate the 2023 PEDC
Marketing Campaign. The agreement is for $120,000.
Board Member Johnson made a motion, seconded by Board Member Koza, to approve the 2023
PEDC 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
G. Election of Board Officer — Secretary
The Secretary Board Officer position became vacant when Secretary Lyle resigned from the
Board. A new secretary is required to be elected to fill the vacancy.
Minutes of a Regular Meeting
August 25, 2022
Page 4
A nomination was made by Vice Chair Thumann seconded by Board Member Koza, to approve
Board Member Johnson to the position of Secretary.
Motion: Passed 6 — 0
H. Contract Amendment for Administrative Services with Pearland MMD #2
Since 2013 the PEDC has provided general administrative support to the Pearland MMD #2
through an Administrative Contract which will expire November 2022. The PMDD#2 approved an
extension of the contract for three years ending November 2025 for $12,000 per year or $3,000
per quarter.
Secretary Johnson made a motion, seconded by Board Member Clay, to approve the President to
enter into an amended Administrative Services Contract with Pearland Municipal Management
District #2 for an additional three-year term.
I. Monthly Activity
Monthly Activity Report was reviewed.
No action taken.
The meeting went into recess at 6:57 p.m.
The meeting reconvened and went into Executive Session at 7:02 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 - Project #2203
SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS Project #2106
4. SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS Project #2207
5. SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS Project #2202
The Board closed Executive Session and reconvened into Open Session at 7:27 p.m.
VII. NEW BUSINESS CONTINUED
J. Deliberations Regarding the Lease, Purchase or Sale of Real Property #2203
Vice Chair Thumann made a motion, seconded by Secretary Johnson, to authorize the President
to create entities as discussed in Executive Session.
Motion Passed: 6 — 0
Minutes of a Regular Meeting
August 25, 2022
Page 5
K. Deliberations Regarding Economic Development Negotiations — Prospect #2106
Vice Chair Thumann made a motion, seconded by Board Member Koza, to authorize the
President to negotiate and enter into a Development Agreement with Prospect #2106, or related
entity, to provide site development improvement assistance in an amount not to exceed
$178,715 as discussed in executive session.
Motion Passed: 6 — 0
L. Deliberations Regarding Economic Development Negotiations — Project #2207
No action taken
M. Deliberations Regarding Economic Development Negotiations — Project #2202
Vice Chair Thumann made a motion, seconded by Board Member Clay, to authorize the President
to negotiate and enter into a loan agreement with Prospect #2202 as previously approved with
the addition of $150,000 for infrastructure assistance.
Motion Passed: 6 — 0
VIII. ADJOURNMENT:
The meeting adjourned at 7:29 p.m.
Minutes approved as submitted and/or corrected this Stfrienfter
A.D., 2022.
Chair
day of aQ