2010-04-26 PEARLAND ECONOMIC DEVELOPMENT CORPORATION MEETING AGENDA AGENDA REGULAR MEETING OF THE PEARLAND ECONOMIC DEVELOPMENT CORPORATION
"PEDC BOARD OF DIRECTORS OF THE CITY OF PEARLAND, TEXAS TO BE HELD MONDAY, APRIL
26, 2010, 5:00 P.M., CONFERENCE ROOM, PEDC OFFICE, 2947 BROADWAY STREET, PEARLAND,
TEXAS.
I. CALL TO ORDER
II. APPROVAL OF MINUTES: Regular Meeting of March 22, 2010
III. PUBLIC COMMENTS
IV. FINANCIAL REPORT
A. Monthly Financial Report ending February 28, 2010
B. Quarterly Investment Report March 2010
V. NEW BUSINESS
A. CONSIDERATION AND POSSIBLE ACTION: Public Hearing to Discuss the Purchase of
Land and Construction of an Approximately 50,000 Square Foot Industrial Manufacturing
Facility.
B. CONSIDERATION AND POSSIBLE ACTION: Consideration and adoption of a Resolution
Authorizing the Issuance of Pearland Economic Development Corporation Sales Tax
Revenue Bonds, Taxable Series 2010, Authorizing a Sales Tax Remittance Agreement; and
Containing Other Provisions Related Thereto.
C. CONSIDERATION AND POSSIBLE ACTION: Consideration and adoption of a Resolution
of Pearland Economic Development Corporation Authorizing Issuance of Revenue Bonds
(Neelila, L.L.C. Project) Series 2010; Loan of Bond Proceeds to Neelila, L.L.C.; Approving
Documents Relating Thereto; Authorizing a Public Hearing Regarding Bonds; Approving
Publication of Notice of Public Hearing and Appointing Hearing Officers; and Approving Other
Matters in Connection Therewith.
D. CONSIDERATION AND POSSIBLE ACTION: LEED Grant Incentive Program
SCANNED REPORT: Chamber of Commerce Quarterly Report
APR 2 9 2010 F. CONSIDERATION AND POSSIBLE ACTION: OTS Monument Sign
^ITY SECRETARY G. CONSIDERATION AND POSSIBLE ACTION: Spectrum Management District Agreement
OFFICE
H. CONSIDERATION AND POSSIBLE ACTION: Governance Committee
I. CONSIDERATION AND POSSIBLE ACTION: Amend the Fiscal Year 2009/2010 Budget
for Fumiture and Office Equipment Needs
J. REPORT: Monthly Activity Report
VI. OTHER BUSINESS
EXECUTIVE SESSION UNDER TEXAS GOVERNMENT CODE
1. SECTION 551.087 DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT
NEGOTIATIONS Update on Business Attraction/Retention Projects
2. SECTION 551.072 REAL PROPERTY DELIBERATIONS REGARDING THE SALE,
LEASE, PURCHASE, OR EXCHANGE OF REAL PROPERTY.
3. SECTION 551.087 DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT
NEGOTIATIONS Prospect #1002
4. SECTION 551.087 DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT
NEGOTIATIONS Prospect #0913
NEW BUSINESS CONTINUED:
K. CONSIDERATION AND POSSIBLE ACTION: Economic Development Negotiations
Business Attraction /Retention Projects
L. CONSIDERATION AND POSSIBLE ACTION: Real Property Regarding the Sale, Lease,
Purchase, or Exchange of Real Property
M. CONSIDERATION AND POSSIBLE ACTION: Economic Development Negotiations
Prospect #1002
N. CONSIDERATION AND POSSIBLE ACTION: Economic Development Negotiations
Prospect #0913
VII. ADJOURNMENT
POSTED: Ob day of APt( 1 L A.D., 2010 1 3o
REMOVED: 1 .75 cO IL day of.a.o /0 A.D., 2010.