1999-10-25 PEARLAND ECONCOMIC DEVELOPMENT CORPORATION REGULAR MEETING MINUTES - CORRECTED"CORRECTED" MINUTES OF A REGULAR MEETING OF THE PEARLAND
ECONOMIC DEVELOPMENT CORPORATION ("PEDC") BOARD OF
DIRECTORS OF THE CITY OF PEARLAND, TEXAS, HELD MONDAY,
OCTOBER 25,1999,4:00 P.M. IN THE COUNCIL CHAMBERS, CITY HALL,
3519 LIBERTY DRIVE, PEARLAND, TEXAS.
I. The meeting was called to order at 4:08 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 Charlie Philipp
Board Member Susan Lenamon
EX -OFFICIO BOARD MEMBERS
Chamber of Commerce Billye Everett
David Vaughan
Mayor
Tom Reid
Not in attendance: Due to a conflict in schedule, City Manager Glen Erwin was unable
to attend.
STAFF MEMBERS
Executive Director Mike Chance
Economic Development
Analyst Will Benson
Administrative
Assistant Perla Lehman
Also in attendance: Councilmember Helen Beckman and Director of Finance David
Castillo.
Minutes of Regular Meeting of
October 25,1999
Page 2
II. Approval of Minutes: Board member. Charlie Philipp made the motion,
seconded by board member Calvin Collier to approve the minutes of Regular
Meeting of September 20, 1999.
Motion Passed: 7 to 0
Ayproval of Minutes: Secretary Randy Ferguson made the motion, seconded b}
board member Bill Chase to approve the minutes of "Special" Meeting of October
8, 1999.
Motion Passed: 7 to 0
III. Board Member Reports - Board member Susan Lenamon complimented the
staff on a job well done with the McHard Road Overpass Grand Opening. Board
member Calvin Collier seconded the compliment.
IV. Executive Director & Staff Reports: Executive Director Mike Chance
presented an oral report to the board. His report stated as follows:
"The month was busy working in different stages with 7 projects that we already
had on the books. We generated 3 new ones that we have officially listed as
prospects and given numbers to. We worked with several "suspects" and
developers during the month. (Approximately 7). Of the 3 new ones, one is a
local company needing to expand. I have set up a City predevelopment meeting
in order to start his process. One of the new ones has asked for an incentive
application; he will be building in old to Am. The 3rd one is located in Houston,
but has purchased property in Pearland, and is looking to move his entire
operation here and expanding it."
"During the month, I visited Prospect # 9928 at his Houston location and went all
through his plant. We also had a meeting with his builder and several key city
officials.".
"We had the grand opening for Pro -Play, and they were happy with the way it
went."
"I appeared before the ZBA and Texas Honing received a variance, which will
allow them to expand and add several new jobs."
"We received a news release from the State Comptrollers office that told us about
several new state tax credits, that will help us in our recruitment of new
businesses. They are a good new incentive, and every county does not have
them." Mr. Chance ended his report by announcing.. ."I interviewed several
secretarial candidates and have hired Janice Vega who will start on November 4."
Minutes of Regular Meeting of
October 25,1999
Page 2
V. NEW BUSINESS
A. Name Selection - Board member Susan Lenamon made the motion to
recommend to City Council that the McHard Road Overpass be renamed
to "Mark Belt" Road. This motion was seconded by board member Calvin
Collier.
Motion Passed: 5 to 0
Abstained: 2 - Board members Randy Ferguson and Charlie Philipp.
B. _Approval of Incentives - Board member Bill Chase made the motion,
seconded by Vice Chairman Connie Beaumont to approve an Economic
Development Incentive Package for Industrial Prospect #9927. The board
approved a cash grant of $35,000.00 to be used for construction of
expansion buildings contingent upon receipt of a Certificate of
Occupancy.
Motion Passed: 7 to 0
C. Industrial Park Studv - Vice Chairman Connie Beaumont made the
motion, seconded by Secretary Randy Ferguson to instruct Executive
Director Mike Chance to have Mr. Bill Diamond of Diamond Consulting,
to conclude his report and provide copies to the board.
Motion Passed: 7 to 0
D. New Legislation - Executive Director Mike Chance informed the board
about a news release from the State Comptrollers office regarding several
new state tax credits that might be beneficial to the PEDC regarding
recruitment of new businesses.
Motion Passed: NO ACTION WAS TAKEN.
VI. ADJOURNMENT
Board member Charlie Philipp made the motion, seconded by Vice Chairman
Connie Beaumont to adjourn the meeting.
Motion Passed: 7 to 0
Time: 5:24 p.m.
Minutes approved as submitted and/or cor �(T day
of � L to �,d , A.D.,1999.
, P
ATT T:.v
erla N. Lehman, Administrative Assistant