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1999-01-04 PEARLAND ECONCOMIC DEVELOPMENT CORPORATION REGULAR MEETING MINUTES - CORRECTEDCORRECTED MINUTES OF A REGULAR MEETING OF THE PEARLAND ECONOMIC DEVELOPMENT CORPORATION ("PEDC") BOARD OF DIRECTORS OF THE CITY OF PEARLAND, TEXAS, HELD MONDAY, JANUARY 4,1999,4:00 P.M. IN THE COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. I. The meeting was called to order at 4:00 p.m. with the following present: BOARD MEMBERS Vice President Stella Roberts Secretary Susan Lenamon Board Member Calvin Collier Board Member Charlie Philipp Board Member Connie Beaumont Board Member Bill Berger Not in attendance — Due to a conflict in schedule, Chairman Dennis Frauenberger was unable to attend. EX -OFFICIO BOARD MEMBERS Chamber of Commerce Billye Everett TriTech John Knox Mayor Tom Reid Not in attendance: Due to a conflict in schedule, Ex -Officio member David Vaughan was unable to attend. STAFF MEMBERS Executive Director Asst. Executive Director Administrative Asst Glen Erwin John R. Bowman Perla. N. Lehman Also in attendance: Assistant Director of Finance Cindy Soto, City Engineer John Hargrove and City Attorney Dan -in Coker. Corrected Minutes of Regular Meeting of January 4, 1999 Page 2 II. Approval of Minutes: Board member Charlie Philipp made the motion, seconded by Secretary Susan Lenamon to approve the minutes of the Regular meeting of November 2, 1998. Motion passed: 5 to 0 Abstained: 1 (Mr. Bill Berger) III. Board Member Reports: No reports were available at this time. IV. Executive Director & Staff Reports: Mr. Ran Bavarian of Walsh Engineering answered questions regarding the McHard/Overpass Project. A written report was submitted to file. Board Member Calvin Collier, member of the Pearland North 35 committee, gaffe a detailed progress report regarding the Pearland North 35 project. Mr. Collier stated that this committee would in the near future, present to the PEDC board a request to consider a possible funding a certain percentage of the cost for landscaping of Hwy. 35. Mr. James Birdsong, chairman of the Pearland North 35 committee, gave a report regarding the use of the award funds from "Keep Pearland Beautiful'. He stated the funds were being used tow -a rd the enhancement of Hwy. 35, stating that a monument sign was under construction_ John Bowman gave a detailed, update report on an aviation company the PEDC has been working with. He informed the board of an environmental process taking place, but stated that the PEDC was still moving forward with this prospect. V. NEW BUSINESS A. Excused Absence - Board member Charlie Philipp made the motion, seconded by board member Connie Beaumont to excuse board member Bill Berger from the Regular meeting of November 2, 1998. Motion Passed: 5 to 0 Abstained: 1(Mr. Bill Berger) Corrected Minutes of Regular Meeting of January 4, 1999 Page 3 B. Incentive Package - After discussion, Secretary Susan Lenamon made the motion and was seconded by board member Connie Beaumont to approve the incentive package in the amount of $20,000.00 for Industrial Prospect #9622. Motion Passed: 6 to 0 VI. OTHER BUSINESS Executive Session: Vice President Stella Roberts adjourned the meeting at 4:46 p.m. to go into Executive Session to discuss Section 551.074 - Personnel Matters. The board reconvened into open session at 5:22 p.m. Motion: None was taken. VII. Adiournment — Secretary Susan Lenamon made the motion, seconded by board Member Connie Beaumont to adjourn the meeting. Motion Passed: 6 to 0 Time: 5:23 p.m. Minutes approved as submitted and/or corrected this day of , A.D., 1999. Dennis Frauenberger, President ATTEST: Perla N. Lehman, Administrative Assistant