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1999-11-15 PEARLAND ECONCOMIC 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 MONDAY, NOVEMBER 15,1999, 4:00 P.M. IN THE COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. L The meeting was called to order at 4:05 p.m. with the following present: BOARD MEMBERS Chairman Dennis Frauenberger Vice Chairman Connie Beaumont Secretary Randy Ferguson Board Member Calvin Collier Board Member Bill Chase Board Member Susan Lenamon EX -OFFICIO BOARD MEMBERS Chamber of Commerce Billye Everett City Manager Glen Erwin Mayor Tom Reid Not in attendance: Due to a conflict in schedule, Board Member Charles Philipp and Ex -Officio member David Vaughan were unable to attend. STAFF MEMBERS Executive Director Mike Chance Economic Development Analyst Will Benson Administrative Assistant Janice Vega Also in attendance: Councilmembers Helen Beckman and Bill Berger, and City Attorney Darrin Coker. Minutes of Regular Meeting of November 15, 1999 Page 2 IL Approval of Minutes: Board member Bill Chase made the motion, seconded by board member Randy Ferguson to approve the amended minutes of the Regular Meeting of October 25, 1999. Motion Passed: 6 to 0 III. Monthly Financial Statement Review: Executive Director Mike Chance gave an oral report and a written one was submitted to file. IV. Board Member Reports: Board member Calvin Collier attended the City Council meeting on November 8, 1999 and spoke in favor of renaming the McHard Road Overpass to "Mark Belt" Road. Chairman Dennis Frauenberger presented plaques to Council Member Bill Berger and City Manager Glen Erwin in appreciation for their service with PEDC. A plaque was to. be presented to Stella Roberts who declined to be present, but Chairman Dennis Frauenberger read a letter written by Ms. Roberts (copy to file). V. Executive Director & Staff Reuorts: Executive Director Mike Chance presented an oral report to the board. His report stated as follows: "Prospect #9927 Solvents and Chemicals is well under construction. They have slabs poured and steel up for the building. We have had several projects on the planning and zoning commission agenda, as well as the City Council. Solvents and Chemicals had their final reading on their tax abatement, it passed and now we are working on their contract. Other projects that we have before City Council and Planning Commission include Prospect #9926 for a zoning change, Prospect #9928 for zoning changes, and Prospect #9923 for tax abatements. We had an extensive meeting with Prospect #9928 representatives, their contractors, and city officials. They are still saying they will not announce that they are building here until they hear confirmation on their tax abatements and incentive package. We had a pre -development meeting last week for Prospect #9929. They will probably start construction in late January. We received a new industrial prospect from Hl:&P last Thursday. They are a small chemical company located in Houston that is looking for a site to relocate and expand in. We met with the property owner, developers, and city officials in regard to a large retail/business park project that is looking at 288 and 518. Minutes of Regular Meeting of November 15,1999 Page 3 The EDC is the program for the Chamber monthly luncheon this Wednesday at the Country Club. I am going to do a power point presentation on 1999's accomplishments and plans for next year." VL OLD BUSINESS A. Status Report on EDC Board recommendation to City Council: Regarding "Mark Belt" Road, Executive Director Mike Chance said the item was tabled at the last council meeting and should be on the next council agenda. Mayor Tom Reid stated that a Comprehension and Thoroughfare Plan is being prepared. B. Status Report on Foreign Trade Zone: Economic Development Analyst Will Benson gave an oral presentation as stated below: "In September 1999, a resolution was passed by the Commissioners for the Port of Freeport that accepted the application and forwarded it to the Federal Foreign Trade Zone Board. In February 2000, the Port of Freeport will visit Washington. At that time, the Port of Freeport delegates will visit with local representatives to make them aware of the application, and other zone related issues. As early as May 2000, the Feder;t Foreign Trade Zone Board may return final comments on the application. October to November 2000, it is expected that the Foreign Trade Zone will be activated in Pearland." VII. NEW BUSINESS A. CONSIDERATION AND POSSIBLE ACTION - Approving the following resolution: RESOLUTION A RESOLUTION OF THE PEARLAND ECONOMIC DEVELOPMENT CORPORATION ("PEDC") BOARD OF DIRECTORS OF THE CITY OF PEARLAND, TEXAS SUPPORTING PEARLAND INDEPENDENT SCHOOL DISTRICT'S BOND ELECTION. Minutes of Regular Meeting of November 15, 1999 Page 4 Chairman Dennis Frauenberger recommended amending the word content. City Attorney Damn Coker will prepare changes. Motion Passed: 6 to 0 B. Approval of Incentives - Board Member Bill Chase made the motion, seconded by Secretary Randy Ferguson to approve the Economic Development Incentive Package for Industrial Prospect #9931. The Board approved a cash grant of $10,000.00. Motion Passed: 5 to 1 Opposed: 1 - Board member Susan Lenamon. C. Incentives for Industrial Prospect #9928 - After discussion, Board member Susan Lenamon made the motion, seconded by Board member Calvin Collier to table this item until the next scheduled &QWr meeting. Motion Passed: 4 to 2 Opposed: 2 - Secretary Randy Ferguson and Board member Bill Chase. D. Amendment to Chamber of Commerce Contract - Board member Bill Chase made the motion, seconded by Vie Chairman Connie Beaumont to amend the Chamber of Commerce Contract as recommended. Motion Passed: 6 to 0 VIII. OTHER BUSINESS NONE IX. ADJOURNMENT Board member Susan Lenamon made the motion, seconded by Board member Bill Chase to adjourn the meeting. Motion Passed: 6 to 0 Time: 5:29 p.m. Minutes approved submitt and/or co 't d day of .TA is u A RY A.D., 2000 Dleyi'frts-Ft aueiberger, ATTEST: -,4"tj j A" Janice Vega, Administr tive Assistant