2009-08-24 PEARLAND ECONOMIC DEVELOPMENT CORPORATION REGULAR MEETING AGENDAAGENDA -REGULAR MEETING OF THE PEARLAND ECONOMIC DEVELOPMENT CORPORATION
("PEDC") BOARD OF DIRECTORS OF THE CITY OF PEARLAND, TEXAS TO BE HELD ON MONDAY,
AUGUST 24, 2009 AT 5:00 P.M., IN THE 2ND FLOOR CONFERENCE ROOM, CITY HALL, 3519 LIBERTY
DRIVE, PEARLAND, TEXAS.
I. CALL TO ORDER
II. APPROVAL OF MINUTES: Regular Meeting of June 22, 2009, Special Meeting of July 8, 2009,
Public Hearing and Special Meeting of July 13, 2009.
III. BOARD MEMBER REPORTS
IV. FINANCIAL REPORT
A. Investment Report -June 2009
B. Monthly Financial Report -June 2009
V. EXECUTIVE DIRECTOR'S REPORT
VI. PUBLIC COMMENTS
VII. NEW BUSINESS
A. CONSIDERATION AND POSSIBLE ACTION: Excuse the absence of Chairman George
Sandars and Board Member David Stedman from the Public Hearing and Special Meeting of July
13, 2009.
B. REPORT: Pearland Area Chamber of Commerce
C. REPORT: Northern Brazoria County Education Alliance
D. DISCUSSION: Policy for Old Town Site Incentives
E. MARKETING REPORT: Marketing update from staff
F. CONSIDERATION AND POSSIBLE ACTION: Amend and Re-Adopt the PEDC FY2010 Budget
G. CONSIDERATION AND POSSIBLE ACTION: Galveston Federal Bench Resolution
H. CONSIDERATION AND POSSIBLE ACTION: Bond Inducement Resolution
I. CONSIDERATION AND POSSIBLE ACTION: EDA Infrastructure Grant
J. CONSIDERATION AND POSSIBLE ACTION; Economic Development Incentives -Prospect
#0911 -Prospect to address the Board of Directors.
VIII. OTHER BUSINESS
EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE
1. SECTION 551.087 -DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT
SCANNED -Prospect #0908.
2. SECTION 551.087 -DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT
AUG 2 5 2009 - Magtech.
CITY SECRETARY
OFFICE
3. 551.087 -DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT -Speed
Shore.
4. SECTION 551.087 -DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT
- Prospect #0912.
5. SECTION 551.087 -DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT
- Prospect #0911.
6. SECTION 551.087 -DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT
- Business Center Drive Expansion.
7. SECTION 551.087 -DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT
- Spectrum Boulevard West.
NEW BUSINESS CONTINUED:
K. CONSIDERATION AND POSSIBLE ACTION; Economic Development Incentives -Prospect
#0908.
L. CONSIDERATION AND POSSIBLE ACTION; Economic Development Incentives - Magtech.
M. CONSIDERATION AND POSSIBLE ACTION; Economic Development Incentives -Speed
Shore.
N. CONSIDERATION AND POSSIBLE ACTION; Economic Development Incentives -Prospect
#0912.
O. CONSIDERATION AND POSSIBLE ACTION; Economic Development Incentives -Prospect
#0911.
P. CONSIDERATION AND POSSIBLE ACTION; Infrastructure Grant -Business Center Drive
Expansion.
Q. CONSIDERATION AND POSSIBLE ACTION; Infrastructure Grant -Spectrum Boulevard West.
IX. ADJOURNMENT
S~pNNED
AUG 2 5 1009
CITY SECRETARY
OFFICE
This site is accessible to disabled individuals. For special assistance, such as the need for interpreters for
the deaf or Braille materials, please call Janice Vega at 281-652-1627 prior to the meeting so appropriate
arrangements can be made.
POSTED: ~ h ~ day of ~~I,\~,U.~ 1 A.D., 2 09 .~ l~ A.11 f~./ P.M.
REMOVED: ,;~~~ day of A.D., 2009.