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2024-04-25 Pearland Economic Development Corporation Regular Meeting Agenda PEARLAND ECONOMIC DEVELOPMENT CORPORATION(PEDC) REGULAR BOARD OF DIRECTORS MEETING THURSDAY,APRIL 25, 2024 5.00 PM PEDC OFFICES,SUITE 3501 CITY OF PEARLAND CITY HALL 3519 LIBERTY DRIVE 1 CALL TO ORDER II. APPROVAL OF MINUTES Regular Meeting of March 28, 2024 III. RECOGNITION. Former Board Members Mona Chavarria and Chad Thumann IV PUBLIC COMMENTS V FINANCIAL REPORT A. Monthly Financial Report—March 2024 VI NEW BUSINESS A. CONSIDERATION AND POSSIBLE ACTION FY25 Budget Major Expenditures and Draft Program of Work B. CONSIDERATION AND POSSIBLE ACTION Professional Services Agreement with Pearland Chamber of Commerce for Management of the Pearland Innovation Hub and Termination of Professional Services Agreement with The Cannon Workspace, LLC C. PUBLIC HEARING For the purchase of land&building,engineering and design services,and construction of road, drainage,water,sewer,demolition and related facilities for SH35 Area Redevelopment D CONSIDERATION AND POSSIBLE ACTION Reimbursement Agreement with the City of Pearland for Old Town Revitalization Study E. REPORT Chamber 2nd Quarter BizConnect Report F REPORT Monthly Activity VII. OTHER BUSINESS EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE 1. SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS — Project#2202 2. SECTION 551.072 — DELIBERATIONS REGARDING THE LEASE, PURCHASE OR SALE OF REAL PROPERTY—Project#2400 VIII NEW BUSINESS CONTINUED G. CONSIDERATION AND POSSIBLE ACTION Deliberation regarding the economic development negotiations—Project#2202 H CONSIDERATION AND POSSIBLE ACTION Lease, Purchase or Sale of Real Property-#2400 IX. ADJOURNMENT POSTED 4 day of (I�� A.D, 2024 3•00 A.M. P M. EREMOV `l day of A.D,2024 4/22/2024 8:27 AM