2023-01-19 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 19, 2023, 5:00 P.M.
CALL TO ORDER
The meeting was called to order at 5:00 p.m.
BOARD MEMBERS
Vice Chair Chad Thumann
Board Member Jerry Koza
Board Member Randeep Nambiar
Board Member Mich! Bruns Clay
Board Member David Graham
Board Member Dena Hanks
EX-OFFICIO MEMBERS
PEDC Matt Buchanan
City of Pearland Trent Epperson
City of Pearland Kevin Cole
PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS
Melissa Black
Jess Byerly
Roxanne Luna -Larsen
Brian Malone
Valerie Marvin
Mou Sarkar
CITY OF PEARLAND
Ron Fraser
Kendra Murphy
Lawrence Prowls
II. APPROVAL OF MINUTES
Board Member Koza made a motion, seconded by Board Member Graham, to approve the minutes of the
Regular Meeting of December 8, 2022
Motion Passed: 4 — 0
Minutes of a Regular Meeting
January 19, 2023
Page 2
III. PUBLIC COMMENTS
None.
Board Member Nambiar arrived.
IV. FINANCIAL REPORT
The September, October and November 2022 Financial Reports were presented.
Board Member Koza made a motion, seconded by Board Member Graham, to approve the September,
October and November 2022 Financial Reports.
Motion Passed: 5 - 0
V. NEW BUSINESS
A. Excuse the absence of Board Members Nambiar and Koza from the Regular Meeting on
December 8, 2022
Board Member Graham made a motion, seconded by Board Member Hanks, to approve absence
of Board Members Nambiar and Koza from the Regular Meeting on December 8, 2022
Motion Passed: 5 - 0
B. Pearland Chamber of Commerce FY2022-23 1st Quarter Biz Connect Report.
Pearland Chamber of Commerce Vice President Jennifer Berti presented the FY2022-23 1st
Quarter Biz Connect Report.
No action taken.
Board Member Clay arrived.
C. Pearland Innovation Hub FY2023 1st Quarter Report.
Pearland Innovation Hub Navigator, Brandy Guidry, presented the Pearland Innovation Hub
FY2023 1st Quarter Report.
No action taken.
D. Election of 2023 Board Officers
Board Member Koza nominated Thumann as Chair, Koza as Vice Chair and Nambiar as Secretary.
No other nominations were received.
Nomination for Thumann as Chair, Koza as Vice Chair and Nambiar as Secretary
Passed: 6 — 0
Minutes of a Regular Meeting
January 19, 2023
Page 3
E Bylaw Change Regarding Term Limits
At the direction of the PEDC Board of Directors, an amendment to the PEDC Board Bylaws
regarding the number of term limits allowed was presented. The proposed amendment
would allow by a majority vote of City Council to reappoint a Director who has already
served three (3) full terms to a fourth and consecutive full term, in which case the maximum
number of full terms that a Director may serve consecutively shall be limited to four (4) full
terms.
Board Member Koza made a motion, seconded by Secretary Nambiar, to approve the 5th
Amendment to the By -Laws section 3.05.
Motion Passed: 6 - 0
F. Monthly Activity
Monthly Activity Report was reviewed.
No action taken.
The meeting went into Recess at 6:08 p.m.
The meeting went into Executive Session at 6:08 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
The Board closed Executive Session and reconvened into Open Session at 6:29 p.m.
No further actions were taken.
VII. ADJOURNMENT:
The meeting adjourned at 6:29 p.m.
Minutes approved as submitted and/or corrected this
A.D., 2023.
ATTEST:
Secretary
day of ,