HomeMy WebLinkAbout20250828 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, AUGUST 28, 2025, 5:00 P.M.
CALL TO ORDER
The meeting was called to order at 5:04 p.m.
BOARD MEMBERS
Chair
Vice Chair
Secretary
Board Member
Board Member
Board Member
EX -OFFICIO MEMBERS
PEDC
City of Pearland
City of Pearland
Pearland Chamber
Michi Clay
Dena Hanks
JW Washington
Jerry Koza
Ken Rice
Craig Slater
Matt Buchanan
Trent Epperson
Mayor Kevin Cole
Jim Johnson
PEARLAND ECONOMIC DEVELOPMENT STAFF MEMBERS
Melissa Cook
Roxanne Luna -Larsen
Valerie Marvin
Matt Peno
Adrian Perez
Jonathan Pollard
Mou Sarkar
CITY OF PEARLAND
Victor Brownlees
Lawrence Provins
Vance Wyly
Minutes of a Regular Meeting
August 28, 2025
Page 2
II. APPROVAL OF MINUTES
Vice Chair Hanks made a motion, seconded by Board member Koza, to approve the minutes of the
Regular Meeting of July 24, 2025.
Motion Passed: 6—0
III. PUBLIC COMMENTS
None.
IV. FINANCIAL REPORT
June 2025 Monthly Financial Report
Vice Chair Hanks made a motion, seconded by Board Member Koza, to approve the June 2025 Monthly
Financial Report.
Motion Passed: 6 - 0
V. NEW BUSINESS
A. Excuse the absence of Vice Chair Hanks and Board member Bakthavatsalam from the Regular
meeting on July 24, 2025
Secretary Washington made a motion, seconded by Board member Rice, to excuse the
absence of Vice Chair Hanks and Board member Bakthavatsalam from the Regular meeting on
July 24, 2025.
Motion Passed: 6 — 0
B. Old Town Revitalization Plan
Board Member Slater made a motion, seconded by Vice Chair Hanks, to approve the Old Town
Revitalization Plan.
Motion Passed: 6 - 0
C. SH35 Redevelopment Strategy: Reimbursement Agreement with City of Pearland for Industrial
Drive Reconstruction
Secretary Washington made a motion, seconded by Board member Koza, to approve the Chair
to execute a Reimbursement Agreement with the City of Pearland to fund the Industrial Drive
Road reconstruction, in the amount of $5,695,538.50.
Motion Passed: 6 - 0
D. FY26 Business Retention and Expansion Contract Renewal with the Pearland Chamber of
Commerce
Board member Koza made a motion, seconded by Board member Slater, to enter into a
contract for services with the Pearland Chamber of Commerce for business, retention and
expansion assistance for an amount not to exceed $145,000.
Motion Passed: 6—0
Minutes of a Regular Meeting
August 28, 2025
Page 3
E. Economic Alliance Houston Port Region Annual Report
Chad Carson, Vice President of Economic Development for the Alliance, presented the
Economic Alliance Houston Port Region Annual Report.
No action taken.
F. Pearland Innovation Hub (PIH) Third Quarter FY25 Update
Jim Johnson, President and CEO of the Pearland Chamber, presented the update.
No action taken.
G. Monthly Activity
No action taken.
The meeting went into Executive Session at 6:37 p.m. after a brief recess.
VI. 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 7:39 p.m.
VII. ADJOURNMENT:
With no other business before the Board, the meeting adjourned at 7:40p.m.
Minutes approved as submitted and/or corrected this 25th day of September A.D., 2025.
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