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1999-11-22 CITY COUNCIL PUBLIC HEARING MEETING MINUTESfl10 MINUTES OF A PUBLIC HEARING OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, TO BE HELD ON NOVEMBER 22, 1999 AT 7:00 P.M., IN THE COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. The meeting was called to order with the following present: Mayor Mayor Pro -Tem Councilmember Councilmember Councilmember Councilmember City Manager City Attorney City Secretary Tom Reid William Berger Helen Beckman Richard Tetens Larry Wilkins Klaus Seeger Glen Erwin Darrin Coker Young Lorfing Others in attendance: Executive Director P. E. D.C. Mike Chance; Deputy City ManagerAlan Mueller; Police Chief J.C. Doyle; City Engineer John Hargrove; Director of Community Development & Services Gene Tumlinson; Director of Finance David Castillo; Utility Accounts Supervisor, Missy Miller. PURPOSE OF HEARING - PROPOSED REINVESTMENT ZONE NUMBER 8. To consider the creation of a Reinvestment Zone No. 8, to be located at 2900 Fellows Road in Pearland, in accordance with § 312.201 of the Tax Code and City of Pearland Resolution No. R98-59. STAFF REVIEW P.E.D.C. Executive Director, Mike Chance, addressed Council and stated this industrial prospect wants to make Pearland their next home. This prospect is Number 99-28, and is looking at a sight on Fellows Road which is the Beltway. They have purchased, and are looking at moving two of their operations to that sight, and building a new facility. Their current employment is one -hundred and sixty-nine jobs, and when the new facility opens they plan to add seventy-five more jobs. They are going to build a one -hundred twenty five - thousand square foot manufacturing facility, and will have a capital investment of $9,000,000 in that property. The building will cost in excess of $6,000,000. They will be installing $1,500,000 in new equipment, and will be moving in more than $2,000,000 of equipment they already have. The property has been purchased and is valued at $930,000. He further reported that their gross payroll will be in excess of $8,000,000. The average wage of the employees will be $19.20 per hour. Mr. Chance further explained the benefits Page 1 of 2 - 11/22/1999 o1! the City would derive from the reinvestment zone. This is an international company. The headquarters are located in Germany. Mr. Chance introduced two representatives from the company, Mr. Samuel Smith and Mr. Robert Hill. He also introduced Nancy Powell, with Harris County, who along the Houston Area Partnership brought this prospect to Pearland. CITIZEN COMMENTS Nancy Powell, Harris County Office of Economic Development, addressed Council and expressed her support on behalf of Turbo -Care for the proposed facility in Pearland. She further stated that Harris County has completed their analysis, and due diligence. This facility does meet Harris County's guidelines for tax abatement, therefore, Harris County is supporting it, and has recommended the tax abatement to County Commissioner EI Franco Lee. Both Commissioner Lee and Judge Robert Eckels have expressed their support of this project. COUNCIL/STAFF DISCUSSION Councilmember Seeger asked if this company is consolidating its office in Manvel and Houston? P.E.D.C. Executive Director, Mike Chance, reported that this is a relocation of those facilities. They will close those facilities down and move them to the new location. ADJOURNMENT Meeting was adjourned at 7:50 p.m. Minutes approved as submitted and/or corrected this 13th the day ofA. n. December 1999. P,'+7 � Tom Reid Mayor. ATTEST: Page 2 of 2 - 11/22/1999