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2023-12-07 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, DECEMBER 7 2023, 5 00 P.M. I. CALL TO ORDER The meeting was called to order at 5:00 p.m. BOARD MEMBERS Chair Chad Thumann Vice Chair Jerry Koza Board Member Deen Bakthavatsalam Board Member Michi Clay Board Member Dena Hanks Board Member Craig Slater Board Member JW Washington EX-OFFICIO MEMBERS PEDC Matt Buchanan Pearland Chamber of Commerce Jim Johnson City of Pearland Trent Epperson PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS Melissa Cook Roxanne Luna -Larsen Brian Malone Mou Sarkar CITY OF PEARLAND Darrin Coker Victor Brownlees Ron Fraser Kendra Murphy Lawrence Provins Tracy Rohrbacher Vance Wyly Minutes of a Regular Meeting December 7, 2023 Page 2 II. APPROVAL OF MINUTES Vice Chair Koza made a motion, seconded by Board Member Hanks, to approve the minutes of the Regular Board Meeting of October 26, 2023. Motion Passed: 7 — 0 III. PUBLIC COMMENTS None. IV. FINANCIAL REPORT October 2023 Report and 2023 Fourth Quarter Investment Report. Vice Chair Koza made a motion, seconded by Board Member Clay, to approve the October 2023 Report and 2023 Fourth Quarter Investment Report as presented. Motion Passed: 7 - 0 V. NEW BUSINESS A. Public Hearing: Lower Kirby — Riley Road and N. Spectrum Boulevard Land and Building Acquisition and Infrastructure Improvements The Public Hearing for the Riley Road and N. Spectrum Boulevard Land and Building Acquisition and Infrastructure Improvements was opened at 5:08 p m. There were no registrants for the public comments and the public hearing was closed at 5:08 p.m. Pearland Prosperity Plan Update — Draft Strategy Plan An overview of the draft Pearland Prosperity Strategic Plan update was presented. N o action taken. O ld Townsite Revitalization Plan - Scope of Work Input Community Development Director Vance Wyly reviewed the proposed scope of work for completing a new Old Townsite Revitalization Plan. N o action taken. D. Pearland Prosperity Implementation Committee Appointments Discussed were the appointments of PEDC Board Members to fill vacancies to the Pearland Prosperity Implementation Committee as well as the appointment of the Pearland Chamber of Commerce Young Professionals Committee Chair to the Pearland Prosperity Implementation Committee. Vice Chair Koza made a motion, seconded by Board Member Clay, to appoint Board Members Hanks and Washington as PEDC representatives and as the Pearland Chamber of Commerce Young Professional Committee Chair to serve on the Pearland Prosperity Strategic Plan Committee. Motion Passed: 7 — 0 Minutes of a Regular Meeting December 7, 2023 Page 3 E. Pearland Innovation Hub Advisory Board Appointment The appointment of a PEDC Board Member to the Pearland Innovation Hub Advisory Board. was discussed to fill vacancy created by Nambiar. ✓ ice Chair Koza made a motion, seconded by Board Member Hanks, to appoint Board Member Clay as the PEDC Board member representative to the Pearland Innovation Hub Non -Profit Corporation Board and the PIH Advisory Board. Motion Passed: 7 — 0 F. Elections of Board Officers Board Member Slater nominated Koza as Chair, Clay as Vice Chair and Hanks as Secretary. No other nominations were received Passed: 7 - 0 G. Program of Work Update President Buchanan presented a progress report on the 2022-23 Program of Work. N o action taken. H. Semi - Annual Workforce Development Update Mou Sarkar presented to the Board the Semi -Annual Update of the Pearland Workforce Strategy Action Plan. No action taken. Monthly Activity Report President Buchanan presented the Monthly Activity Report N o actions taken. The meeting went into Recess at 6:37 p.m. The meeting returned from Recess and went into Executive Session at 6:49 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 551.087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS — Project #2209 3. SECTION 551.087 — PERSONELL MATTERS — Discussion with City Manager Regarding the President's Evaluation The Board closed Executive Session and reconvened into Open Session at 7:30 p.m. Minutes of a Regular Meeting December 7, 2023 Page 4 VII. ADJOURNMENT: With no further notice the meeting adjourned at 7:31 p.m. Minutes approved as submitted and/or corrected this 18th day of January, A.D., 2024. ATTEST: Secretary •