HomeMy WebLinkAbout20250424 Pearland Economic Development Corporation Regular Meeting MinutesMINUTES OFA REGULAR MEETING OF THE PEARLAND ECONOMIC DEVELOPMENT CORPORATION ("PEDC")
BOARD OF DIRECTORS OF THE CITY OF PEARLAND, TEXAS HELD THURSDAY, APRIL 24 2025, 5:00 P.M.
I. CALL TO ORDER
The meeting was called to order at 5:01 p.m.
BOARD MEMBERS
Chair Michi Clay
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
Pearland Chamber Jim Johnson
PEARLAND ECONCOMIC DEVELOPMENT STAFF MEMBERS
Melissa Cook
Roxanne Luna -Larsen
Brian Malone
Jonathan Pollard
Mou Sarkar
CITY OF PEARLAND
Damn Coker
Ron Fraser
Lawrence Provins
Tracy Rohrbacher
Vance Wyly
APPROVAL OF MINUTES
Secretary Washington made a motion, seconded by Vice Chair Hanks, to approve the minutes of the
Regular Meeting of March 27, 2025.
Motion Passed: 6-0
Minutes of a Regular Meeting
April 24, 2025
Page 2
II. PUBLIC COMMENTS
None.
III. FINANCIAL REPORT
February 2025 Financial Report
Vice Chair Hanks made a motion, seconded by Secretary Washington, to approve the March 2025
Financial Report.
Motion Passed: 6 - 0
IV. NEW BUSINESS
A. Excuse the absence of Clay from the regular scheduled meeting on March 27, 2025.
Vice Chair Hanks made a motion, seconded by Board Member Bakthavatsalam, to excuse the
absence of Chairwoman Clay from the regular scheduled meeting on March 27, 2025.
Motion Passed: 6-0
B. PIH Contract for Professional Services with Pearland Chamber of Commerce
A three-year management agreement with the Pearland Chamber of Commerce and the
Pearland Innovation Hub was presented The agreement would begin October 1, 2025 and end
September 30, 2028 for a total of $888,666 or $296,222 per year.
Board Member Slater made a motion, seconded by Secretary Washington, to approve the
President to enter into a three-year Professional Services Agreement with The Pearland
Chamber of Commerce for an amount not to exceed $888,666 to manage the Pearland
Innovation Hub.
Motion Passed: 6 - 0
C. Appointments to Pearland Innovation Hub Advisory Board
Request made to appoint three new members to the PIH Advisory Board
Vice Chair Hanks made a motion, seconded by Board Member Bakthavatsalam, to approve the
following appointments to the Pearland Innovation Hub Non-profit Corporation Board and the
PIH Advisory Board:
Elijah Mayo - Position 7
Stacy Ebert - Position 11
Mehboob (AU) Udawala - Position 12
Motion Passed: 6-0
4a At Large —Small Business
4d At Large — Community Partner
4d At Large —Community Partner
D. Proposed FY25 Budget Amendments, Overview FY26 Program of Work, and Preview of FY26
Budget Major Expenditures.
Matt Buchanan presented this item.
No action taken.
Minutes of a Regular Meeting
April 24, 2025
Page 3
E. Chamber 2nd Quarter 2025 BizConnect Report
Jim Johnson, President and CEO of the Pearland Chamber of Commerce, presented this item.
N o action taken.
F. Monthly Activity
Monthly Activity Report was reviewed.
N o 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
N EGOTIATIONS — Update on Business Attraction/Retention Projects
The Board closed Executive Session and reconvened the Open Session at 7:42 p.m.
VI. ADJOURNMENT:
With no other business before the Board, the meeting adjourned at 7:42 p.m.
Minutes approved as submitted and/or corrected this 22nd day of May A.D., 2025.
•
Chair
ATTEST: