2024-04-25 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, APRIL 25, 2024, 5 00 P.M.
I. CALL TO ORDER
The meeting was called to order at 5:00 p.m.
BOARD MEMBERS
Chair Jerry Koza
✓ ice Chair Michi Clay
Secretary Dena Hanks
Board Member Deen Bakthavatsalam
Board Member Rick Fernandez
Board Member Craig Slater
Board Member JW Washington
EX-OFFICIO MEMBERS
PEDC Matt Buchanan
City of Pearland Trent Epperson
City of Pearland Mayor Kevin Cole
Pearland Chamber of Commerce Jim Johnson
PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS
Jess Byerly
Melissa Cook
Roxanne Luna -Larsen
Brian Malone
✓ alerie Marvin
Mou Sarkar
CITY OF PEARLAND
✓ ictor Brownlees
Lawrence Provins
Kendra Murphy
Tracy Rohrbacher
Vance Wyly
Minutes of a Regular Meeting
April 25, 2024
Page 2
Mona Chavarria
Rushi Patel
Chad Thumann
II. APPROVAL OF MINUTES
Board Member Slater made a motion, seconded by Secretary Hanks, to approve the minutes of the
Regular Meeting of March 28, 2024.
Motion Passed: 7 — 0
III. RECOGNITION
Mona Chavarria and Chad Thumann, Former Board Members, were presented with plaques for their years
of service to the PEDC Board of Directors.
IV. PUBLIC COMMENTS
None
V. FINANCIAL REPORT
The March 2024 Financial Report was presented.
Board Member Fernandez made a motion, seconded by Vice Chair Clay, to approve the March 2024
Monthly Financial Report.
Motion Passed: 7 - 0
VI. NEW BUSINESS
A. FY25 Budget Major Expenditures and Draft Program of Work
A draft was presented of the FY25 Budget and 2025 Program of Work for review and discussion
The completed FY25 Budget and 2025 Program of Work will be presented at the next PEDC Board
meeting, May 23, 2024 for the Board's consideration and action.
No action taken
B. 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.
Board Member Slater made a motion, seconded by Board Member Fernandez, to approve
approve the President to enter into a Professional Services Agreement with the Pearland
Chamber of Commerce for a 16-month contract for an amount not to exceed $467,600 to
manage the Pearland Innovation Hub and terminate the Professional Services Agreement with
The Cannon Workspace, LLC.
Motion Passed: 7 — 0
Action was taken on this item but was later reconsidered.
Minutes of a Regular Meeting
April 25, 2024
Page 3
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
The Public Hearing was opened at 6:07 p.m. There were no registrants for the public comments
and the public hearing was closed at 6:08 p.m.
D. Reimbursement Agreement with the City of Pearland for Old Town Revitalization Study
The City of Pearland Community Development Department advertised Request for Qualifications
(RFQ) for professional planning services to develop an Old Town Revilization Study. Olsson
Studio was selected to complete the study, costing $350,000.
✓ ice Chair Clay made a motion, seconded by Secretary Hanks, to approve the Chairman to enter
into a Reimbursement Agreement with the City of Pearland to fund the Old Town Revitalization
Study in an amount not to exceed $350,000.
Motion Passed: 7 — 0
Board Member Washington left the meeting.
E. Pearland Chamber 2nd Quarter BizConnect Report
Jim Johnson, President and CEO of the Pearland Chamber of Commerce, presented the Fiscal
Year 2023-24 2nd Quarter BizConnect Report.
N o action taken.
F. Monthly Activity
Monthly Activity Report was reviewed.
N o action taken.
B. 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.
Board Member Slater made a motion, seconded by Secretary Clay, to reconsider the motion to
enter into a Professional Services Agreement with the Pearland Chamber of Commerce.
Motion Passed: 5 - 0
Abstained: Hanks
Absent: Washington
✓ ice Chair Clay made a motion, seconded by Board Member Fernandez, to approve approve the
President to enter into a Professional Services Agreement with the Pearland Chamber of
Commerce for a 16-month contract for an amount not to exceed $467,600 to manage the
Pearland Innovation Hub and terminate the Professional Services Agreement with The Cannon
Workspace, LLC.
Motion Passed: 5 - 0
Abstained: Hanks
Absent: Washington
Minutes of a Regular Meeting
April 25, 2024
Page 4
VII. ADJOURNMENT:
With no further action the meeting adjourned at 6:55 p.m.
Minutes approved as submitted and/or corrected this 23rd day of May A.D., 2024.
ATTEST:
Secretary