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HomeMy WebLinkAbout2024-09-26 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, SEPTEMBER 26, 2024, 5 00 P.M. I. CALL TO ORDER The meeting was called to order at 5:01 p.m. BOARD MEMBERS Chair Jerry Koza Vice 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 ECONOMIC DEVELOPMENT STAFF MEMBERS Melissa Cook Roxanne Luna -Larsen Brian Malone Valerie Marvin Mou Sarkar CITY OF PEARLAND Ron Fraser Martin Griggs Lawrence Provins Kendra Murphy Tracy Rohrbacher Melissa Saxton Minutes of a Regular Meeting September 26, 2024 Page 2 I1. APPROVAL OF MINUTES Board Member Fernandez made a motion, seconded by Secretary Hanks, to approve the minutes of the Regular Meeting of August 22, 2024 . Motion Passed: 7 — 0 III. PUBLIC COMMENTS None IV. FINANCIAL REPORT The August 2024 Financial Report and Third Quarter FY24 Investment Report. Board Member Washinton made a motion, seconded by Vice Chair Clay, to approve the August 2024 Financial Report and Third Quarter FY24 Investment Report. Motion Passed: 7 - 0 V. NEW BUSINESS A. FY2024 Excuse the absence of Board Member Washington from the August 22, 2024 Meeting Secretary Hanks made a motion, seconded by Vice Chair Clay, to approve the absence of Board Member Washington from the August 22, 2024 Meeting. Motion Passed: 7 - 0 Pearland Innovation Hub FY24 Fourth Quarter Report Pearland Innovation Hub (PIH), Navigator Sonia Cacique, presented the PIH FY24 Fourth Quarter Report. No action taken. C. Visit Pearland Semi -Annual Update Tracy Rohrbacher, Executive Director of Visit Pearland, presented the Visit Pearland Semi -Annual Update. No action taken. D. 2025 PEDC Marketing Campaign Implementation Plan, Professional Services Agreement for Marketing Services with Amanda Hansen Group and Media Services Agreements with LocallQ and Houston Business Journal A marketing plan for 2025 was presented. The 2025 Marketing Campaign strategy will continue to build on the 2024 plan focusing on local residents and community stakeholders, regional influencers, such as business decision makers and quality of life seekers such as future residents, life science professionals and millennial families. Secretary Hanks made a motion, seconded by Board Member Fernandez, to approve 2025 Marketing Campaign and approve the Presidentto enter into a Professional Services Agreement with Amanda Hansen Group for an amount not to exceed $104,400 and for the President to Minutes of a Regular Meeting September 26, 2024 Page 3 negotiate and enter into an agreement with LocaliQ for an amount not to exceed $106,600 and with Business Journals for an amount not to exceed $69,100. Motion Passed: 7 - 0 E. Board of Directors 2025 Meeting Dates Board Member Fernandez made a motion, seconded by Vice -Chair Clark, to approve the 2025 Board Meeting Schedule as presented. Motion Passed: 7 - 0 F. Monthly Activity Monthly Activity Report was reviewed. No action taken. The meeting went into Recess at 6:47 p.m. The meeting went into Executive Session at 7:02 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 #2411 3. SECTION 551.087 — DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS Project #2412 The Board closed Executive Session and Reconvened into Open Session at 7:56 p.m. VII. NEW BUSINESS CONTINUED: G. Deliberations regarding Economic Development Negotiations - #2411 No action taken. VIII. ADJOURNMENT: The meeting adjourned at 7:56 p.m. Minutes approved as submitted and/or corrected this 24th day of Oct ATTEST: Secretary