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1999-09-20 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, SEPTEMBER 20,1999, 4:00 P.M. IN THE COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. I. The meeting was called to order at 4:03 p.m. with the following present: BOARD MEMBERS Chairman Dennis Frauenberger Vice Chairman Connie Beaumont Secretary Board Member Board Member Board Member Board Member Randy Ferguson Calvin Collier Bill Chase Charlie Philipp Susan Lenamon EX -OFFICIO BOARD MEMBERS City Manager Glen Erwin Chamber of Commerce Billye Everett Mayor Tom Reid Not in attendance: Due to a conflict in schedule, Ex Officio David Vaughan 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 City Attorney Darrin Coker. am % Minutes of Regular Meeting of September 20, 1999 Page 2 II. Approval of Minutes: Chairman Dennis Frauenberger made the motion to correct the time the board reconvened from Executive Session at the PEDC Board meeting of August 2, 1999 to read 5:55 p.m. instead of 6:55 p.m. Board member Susan Lenamon second the motion. Motion Passed: 7 to 0 III. Board Member Reports - Board member Calvin Collier commented on his attendance of the Mykawa Commerce Park Groundbreaking event on August 13, 1999. IV. Executive Director & Staff Reports: Executive Director Mike Chance thanked the board, the PEDC staff and city staff for their wane welcome and support. Mr. Chance also presented the board with a prospect update report. A written version was submitted to file. Mr. Chance recommended the board adopt a formal Retention and Expansion Study and Plan. He suggested a call to the Chamber of Commerce for assistance in manpower and an appointed committee. Mr. Chance stated a thorough plan to the board and the committee would be forthcoming. He made the board aware of possible costs involved such as for a survey instrument, volunteer training, a training luncheon, follow up meetings and a published final report. Mr. Chance closed by informing the board of the need for cooperation and support of City, County, businesses, the EDC and the Chamber of Commerce. V. NEW BUSINESS A. Excused Absence - Board member Bill Chase made the motion, seconded by Board member Susan Lenamon to excuse Secretary Randy Ferguson from the Regular meeting of August 2, 1999. Motion Passed: 7 to 0 B. Approval of grant- Board member Charlie Philipp made the motion, seconded by board member Susan Lenamon to allocate $10,000.00 to Trees for Pearland, a subcommittee of Keep Pearland Beautiful for infrastructure improvements along Pearland Parkway. Board member Randy Ferguson suggested the board consider a motion to contribute dollar per dollar the amount received in pledges to assist collection of all outstanding pledges. After discussion, this original motion was amended the amount to $5,000.00 for infrastructure purposes such as an irrigation system along Pearland Parkway between FM518 and John Lizer Rd. Amended Motion Passed: 7 to 0 Minutes of Regular Meeting of September 20, 1999 Page 3 C. Name Selection - Board member Susan Lenamon made the motion, seconded by board member Bill Chase to name the new overpass project The Mark Belt Road. After discussion, Board member Charlie Philipp made the motion, seconded by Secretary Randy Ferguson to table this item until the next scheduled Regular meeting. Motion Passed: 7 to 0 D. Approval of incentives - Board member Bill Chase made the motion, seconded by board member Charlie Philipp to approve an economic development incentive package in the amount of $10,000.00 for Industrial Prospect #9921. This incentive package will be used as follows: $5,000.000 to assist with moving fixed equipment and $5,000.00 to assist in bringing outside utilities and related infrastructure improvements to the site Motion Passed: 7 to 0 E. Approval of incentives - This item was passed because of pending information. NO ACTION WAS TAKEN. F. Approval of incentives - Board member Calvin Collier made the motion, seconded by board member Bill Chase to approve an incentive package for Industrial Prospect #9923 in the amount of $100,000.00. This package will be used as follows: $30,000.00 to assist in infrastructure improvements, $40,000.00 to assist with parking lot construction, and $30,000 to assist in moving fixed equipment to the facility. Motion Passed: 7 to 0 VI. OTHER BUSINESS At this time Chairman Dennis Frauenberger adjourned the meeting into Executive Session Under Government Code, Section 551.072 - Real Property at 5:25 p.m. The board reconvened into open session at 6:18 p.m. NO ACTION WAS TAKEN. Minutes of Regular Meeting of September 20, 1999 Page 4 VII. ADJOURNMENT Board member Bill Chase made the motion, seconded by board member Calvin Collier to adjourn the meeting. Motion Passed: 7 to 0 Time: 6:19 p.m. Minutes approved as submitted and/or corrected this of , A.D., 1999. Dennis Frauenberger, President ATTEST: Perla N. Lehman, Administrative Assistant day