HomeMy WebLinkAbout20250522 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, MAY 22, 2025, 5:00 P.M
On Thursday, May 22, due to the elevator outage to the third floor, the Board meeting was moved to the
Washington Room on the first floor.
I. CALL TO ORDER
The meeting was called to order at 5:01 p.m.
BOARD MEMBERS
Vice Chair Dena Hanks
Secretary JW Washington
Board Member Deen Bakthavatsalam
Board Member Jerry Koza
Board Member Craig Slater
EX-OFFICIO MEMBERS
PEDC Matt Buchanan
City of Pearland Trent Epperson
City of Pearland Mayor Kevin Cole
Pearland Chamber Jim Johnson
PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS
Melissa Cook
Roxanne Luna -Larsen
Matt Peno
Jonathan Pollard
Brian Malone
Valerie Marvin
Mou Sarkar
CITY OF PEARLAND
Darnn Coker
Lawrence Provins
Martin Griggs
Minutes of a Regular Meeting
May 22, 2025
Page 2
APPROVAL OF MINUTES
Secretary Washington made a motion, seconded by Board Member Koza, to approve the minutes of the
Regular Meeting of the April 24, 2025.
Motion Passed: 5-0
II. PUBLIC COMMENTS
Mayor Kevin Cole read a proclamation honoring reitring staff member Brian Malone.
III. FINANCIAL REPORT
March 2025 Financial Report
Board Member Bakthavatsalam made a motion, seconded by Secretary Washington, to approve the
March 2025 Financial Report.
Motion Passed: 5 - 0
IV. NEW BUSINESS
A. FY25 Program of Work Update and FY26 Program of Work
The FY25 Program of Work Update and FY26 Program of Work was presented.
Board member Koza made a motion, seconded by Board Member Slater, to approve the the
FY26 Program of Work.
Motion Passed: 5-0
B. Public Hearing - FY26 Budget and Related Projects
The Public Hearing was opened at 5:17 p.m. There were no public comments and the hearing
was closed at 5:19 p.m.
C. Proposed FY26 Budget and FY25 Budget Amendment
Amendments to the FY25 Budget and the Proposed FY26 Budget was presented.
Secretary Washington made a motion, seconded by Board Member Bakthavatsalam, to
approve the amendments for the FY25 Budget with a total revenue of $20 4M and total
expenses of $20 8M and approve the FY26 Budget with total revenue of $17.4M and total
expenses of $37M
Motion Passed: 5-0
D. Second Quarter FY25 Pearland Innovation Hub (PIH) Update and PIH Contract for Professional
Services with Pearland Chamber of Commerce
The Second Quarter FY25 PIH update was presented and there was no discussion on the PIH
Contract for Professional Services with the Pearland Chamber of Commerce.
No action taken.
Minutes of a Regular Meeting
May 22, 2025
Page 3
E. Standard Services Contract for Pearland Innovation Hub (PIH) Technology Platform with
HUUB, LLC
A standard services contract with HUUB, LLC for a 12-month subscription in the amount of
S103,800 was presented. The contract is a continuation of the current subscription that
provides a technology platform for PIH, providing technical assistance to entrepreneurs and
small businesses.
Board Member Bakthavatsalam made a motion, Board Member Koza seconded the motion, to
approve the President to enter into a Standard Services Contract with HUUB, LLC, for a
subscription for an amount not to exceed 3103,800 to provide the HUUB technology platform
for the PIH plus reimbursable expenses for technical assistance advisors.
Motion Passed: 5 to 0
F. Monthly Activity
Monthly Activity Report was reviewed.
No action taken.
The meeting went into Executive Session at 6:24 p.m. after a brief recess.
V. 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 the Open Session at 7:06 p.m.
VI. ADJOURNMENT:
With no other business before the Board, the meeting adjourned at 7:06 p.m.
Minutes approved as submitted and/or corrected this 26th day of June A.D., 2025.
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Chair
ATTEST: