2001-08-20 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 MONDAY, AUGUST 20,2001,4:00 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:
BOARDMEMBERS
Chairman Dennis Frauenberger
Vice Chairman Randy Ferguson
Secretary Susan Lenamon
Boardmember Connie Beaumont
Boardmember Bill Chase
Boardmember Charlie Philipp
Boardmember Lucy Stevener
EX -OFFICIO BOARDMEMBERS
City of Pearland Mayor Tom Reid
City of Pearland Bill Eisen
Chamber of Commerce Billye Everett
Not in attendance: Due to a conflict in schedule, Ex -Officio member Jon Volkmer was unable
to attend.
STAFF MEMBERS
Executive Director Mike Chance
Assistant Executive
Director Darlene Moody
Economic Development
Analyst Khue Nguyen
Administrative Assistant Janice Vega
Minutes of Regular Meeting of
August 20, 2001
Page 2
II. Approval of Minutes: Boardmember Charlie Philipp made the motion, seconded by
Vice Chairman Randy Ferguson to approve the minutes of the regular meeting of June
18, 2001.
Motion Passed: 7 - 0
III. Boardmember Reports: Boardmember Lucy Stevener reported that the Brazoria
County Partnership annual meeting will be held in Pearland on October 4, 2001.
Boardmembers Charlie Philipp, Lucy Stevener, Connie Beaumont, and Bill Chase
commented on their attendance at "Tom DeLay Day" and the Chamber of Commerce
luncheon.
IV. Executive Director's Report:
Gave the helicopter tour for Tom DeLay.
Prospect activity is up. We are meeting with a prospect tomorrow with a possible $55
million investment, who is looking for a very large site.
Just before today's meeting, Darlene received a call from Port Freeport advising that the
Foreign Trade Zone has been approved by the United States government.
HL&P sent us a copy of a news release whereas Home Depot is purchasing property at
Silverlake.
V. Public Comments - None
VI. Old Business - None
VII. New Business
A. Excused Absence: Secretary Susan Lenamon made the motion, seconded by
Boardmember Bill Chase to excuse the absence of Chairman Dennis Frauenberger
from the Regular Meeting of June 18, 2001.
Motion Passed: 6 - 0
Abstained: Dennis Frauenberger
B. Presentation of New Ambulance Purchased by the PEDC: Prior to the
meeting, Boardmembers viewed the new ambulance and posed for photographs.
C. Target Market Study: Dr. Bob Hodgin presented a summary of the final
findings of the Target Market Study. After the Board and staff have had time to
review the outcome of the study, a workshop will be scheduled.
D. Request for Funding: City Manager Bill Eisen addressed the Board in regard to
funding a major street project, which is part of the City's proposed bond issue. He
Minutes of Regular Meeting of
August 20, 2001
Page 3
had distributed financial statements to the Boardmembers. City Council is
seeking PEDC assistance with the extension of Oiler Drive, from SH 35 to CR
101 (Bailey Road). The estimated cost of the project is $12,553,638.00.
Members of the Board had several questions in regard to the financial condition of
the EDC. They wanted more financial projections. City Manager Bill Eisen will
provide additional information. A special meeting has been scheduled for
Tuesday, August 28, 2001 at 4:00 p.m., to further discuss this item.
E. PEDC Logo: Secretary Susan Lenamon and Assistant Executive Director
Darlene Moody met previously to discuss the possibility of creating a new PEDC
Logo. Due to expenses involved, and the large volume of current inventory, the
current logo will remain.
F. Tele -Flow Expansion Project: Just prior to the meeting, Executive Director
Mike Chance received the grant request from Tele -Flow. He is requested the
board to award an incentive grant in the amount of $25,000.00. Secretary Susan
Lenamon made the motion, seconded by Vice Chairman Randy Ferguson to table
this item until the Special meeting on August 28, 2001. Tele -Flow will be asked
to submit financial information.
Motion Passed: 7 - 0
G. Signage for McHard Road Overpass: TBG Partners provided two alternatives
for the sign. Secretary Susan Lenamon made the motion, seconded by Chairman
Dennis Frauenberger to go with "Concept B", and to have some type of plaque be
placed on the sign or near it, honoring the late Stella Roberts, who was a former
PEDC Boardmember. After discussion, motions were withdrawn and Executive
Director Mike Chance was advised to get additional quotes, and to include
specifications and material.
H. M-1 and M-2 Zoning: Due to a potential conflict of interest, Vice Chairman
Randy Ferguson excused himself from the meeting. Boardmember Bill Chase
made the motion, seconded by Boardmember Charlie Philipp, to prepare of letter
to City Council in support of retaining present zoning.
Motion Passed: 6 - 0
VIII. Other Business: None
IX. Adjournment: Boardmember Charlie Philipp made the motion, seconded by
Boardmember Bill Chase to adjourn the meeting.
Motion Passed: 6 - 0
TIME: 6:03 p.m.
Minutes of Regular Meeting of
August 20, 2001
Page 4
Minutes approved as subn
ATTEST:
PW