2022-12-08 PEARLAND ECONOMIC DEVELOPMENT CORPORATION REGULAR MEETING MINUTES MINUTES OF A REGULAR MEETING OF THE PEARLAND ECONOMIC DEVELOPMENT CORPORATION ("PEDC") BOARD
OF DIRECTORS OF THE CITY OF PEARLAND,TEXAS HELD THURSDAY, DECEMBER 8, 2022, 5:00 P.M.
I. CALL TO ORDER
The meeting was called to order at 5:03 p.m.
BOARD MEMBERS
Chair Mona Chavarria
Vice Chair Chad Thumann
Secretary Antonio Johnson
Board Member Michi Bruns Clay
Board Member David Graham
EX-OFFICIO MEMBERS
PEDC Matt Buchanan
City of Pearland Trent Epperson
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
John McDonald
Lawrence Provins
Tracy Rohrbacher
Minutes of a Regular Meeting
December 8,2022
Page 2
II. APPROVAL OF MINUTES
Vice Chair Thumann made a motion,seconded by Board Member Clay,to approve the minutes of the
Regular Meeting of October 27, 2022.
Motion Passed:4—0
III. PUBLIC COMMENTS
None.
IV. FINANCIAL REPORT
The September and October 2022 Financial Reports were not completed in time for this meeting.
The Fourth Quarter 2022 Investment Report was presented.
Vice Chair Thumann made a motion,seconded by Board Member Graham,to approve the Fourth Quarter
2022 Investment Report.
Motion Passed:4-0
V. NEW BUSINESS
A. Public Hearing—Reimbursement Agreement for Assumption of PMMD1 Main Pond
Reimbursement with the City of Pearland.
The Public Hearing for the Reimbursement Agreement for Assumption of PMMD1 Main Pond
Reimbursement with the City of Pearland was opened at 5:05 p.m.There were no registrants for
the public comments and the public hearing was closed at 5:05 p.m.
B. Reimbursement Agreement for Assumption of PMMD1 Main Pond Reimbursement with City of
Pearland
Proposed is an Agreement with the City of Pearland to pay PMMD1's share of the Letter
Financing Agreement between the City and PMMD1 for the purchase of land and drainage design
on Fruge Road.When the District repays the City,the funding would then be returned to PEDC.
Board Member Graham made a motion,seconded by Vice Chair Thumann,to approve the
Chairman to execute a Reimbursement Agreement with the City of Pearland for Lower Kirby
Master Drainage Plan Main Pond Land Acquisition and Engineering costs in an amount of
$622,513.
Motion Passed:4-0
C. Appointment of Pearland Innovation Hub Corporation and Advisory Board Member
Board Member Clay made a motion,seconded by Vice Chair Thumann to approve the
appointment of Patrick Larkin to the Pearland Innovation Hub Non-profit Corporation Board and
Pearland Innovation Hub Advisory Board.
Motion Passed:4-0
Secretary Johnson arrived.
Minutes of a Regular Meeting
December 8, 2022
Page 3
D. Appointment of Pearland Prosperity Implementation Committee Membership
Secretary Johnson made a motion,seconded by Vice Chair Thumann,to appoint David Graham
and Michi Clay as new PEDC representatives,Cindy Buchwald as the non-profit representative
and Mona Chavarria to an at-large position,to serve on the Pearland Prosperity Strategic Plan
Implementation Committee.
Motion Passed:5-0
E. Workforce Strategy Update
Mou Sarkar presented to the Board the Semi-Annual Update of the Pearland Workforce Strategy
Action Plan.
No action taken.
F. 2022-2023 Program of Work Progress Update
President Buchanan presented a progress report on the 2022-23 Program of Work.
No action taken.
G. By-law Amendment Regarding Term Limits
Vice Chair Thumann requested that the Board discuss possibly amending the by-laws regarding
the terms a Director is eligible to serve.Staff will look at possible amendments to the term limit
provision.
No action taken.
H. Monthly Activity
Monthly Activity Report was reviewed.
No action taken.
The meeting went into Recess at 6:04 p.m.
The meeting went into Executive Session at 6:16 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#2209
3. SECTION 551.087—DELIBERATIONS REGARDING THE LEASE, PURCHASE OR SALE OF REAL
PROPERTY—Project#2203
4. SECTION 551.087—DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS—
Project#2204
Minutes of a Regular Meeting
December 8, 2022
Page 4
5. SECTION 551.087—PERSONNEL MATTERS—Discussion with the Interim City Manager Regarding
the PEDC President's Evaluation
The Board closed Executive Session and reconvened into Open Session at 7:35 p.m.
Vice Chair Thumann left the meeting.
VII. NEW BUSINESS CONTINUED
I. Deliberations Regarding the Lease, Purchase or Sale of Real Property-Prospect#2209
Secretary Johnson made a motion,seconded by Board Member Clay,to authorize the President
to move forward with and negotiate the acquisition process for the tracts associated with Project
#2209 as discussed in executive session.
Motion Passed:4—0
J. Deliberations Regarding the Lease Purchase or Sale of Real Property—Prospect#2203
No action taken.
Vill. ADJOURNMENT:
The meeting adjourned at 7:36 p.m.
Minutes approved as submitted and/or corrected this /• ' day of
A.D., 2023.
a�
Z
Chair I D!S
�• 7
ATTEST: _
Secretary