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2000-04-03 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, APRIL 3,2000,4:00 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 Randy Ferguson Board Member Calvin Collier Board Member Susan Lenamon Board Member Charles Philipp Not in attendance: Due to a conflict in schedule, board member Bill Chase was unable to attend. EX -OFFICIO BOARD MEMBERS Mayor Tom Reid Not in attendance: Due to a conflict in schedule, Ex -Officio board members Jon Volkmer, Billye Everett, and City Manager Glen Erwin were unable to attend. STAFF MEMBERS Executive Director Mike Chance Economic Development Analyst Will Benson Administrative Assistant Janice Vega Also in attendance: Council member Bill Berger and Director of Finance Jim Causey. Minutes of Regular Meeting of April 3, 2000 Page 2 II. Approval of Minutes: Board member Calvin Collier made the motion, seconded by vice chairman Connie Beaumont to approve the minutes of the Regular Meeting of March 6, 2000. Motion Passed: 6 to 0 III. Monthly Financial Statement Review: Executive Director Mike Chance gave an oral report and a written one was submitted to file. IV. Board Member Reports: Board member Calvin Collier commented on his attendance at the Weatherford grand opening. Mayor Tom Reid stated that the decision to increase impact fees was tabled at the last city council meeting to further evaluate. V. Executive Director & Staff Reports: Executive Director Mike Chance presented an oral report to the board. His report stated as follows: March activities: 1) NAM trip to Chicago. 2) Weatherford Ribbon Cutting on March 22na 3) Library grand opening. 4) Office prospect from Fred Welch, Brazoria County Partnership. 5) Met with BPI about retail development; sites at Pearland Parkway, Cullen (Kroger), and west 518 (Clinton Wong's site. 6) March 291h spoke to 25 attendees at a real estate research forum group in Houston. 7) Impact fees. 8) Prospect for a distribution center. 9) May 17th, 10:00 a.m. grand opening for Packaging Service/Solvents and Chemicals. VI. OLD BUSINESS None VII. NEW BUSINESS A. APPROVAL OF AUDIT REPORT: Presented by Chuck Yaple, CPA, Null Lairson Public Accountants. Copy submitted to file. Council member Bill Berger suggested that in the future have the audit presented to PEDC prior to being given to City Council for approval. (Report has already been approved by City Council.) Board member Calvin Collier made the motion, seconded by secretary Randy Ferguson to approve and accept the fiscal year 1999 Audit Report for the Pearland Economic Development Corporation. Motion passed: 6 - 0 Minutes of Regular Meeting of April 3, 2000 Page 3 B. INFORMATION - SIOR/Houston Association of Realtors - Developer Day 2000, April 18, 2000, Marriott Exhibition Center - PEDC will have a booth. Board members are invited to help. C. INFORMATION - Packaging Service Company/Solvents and Chemicals Company, Open House/Ribbon Cutting - May 17, 2000 at 10:00 a.m. VIII. OTHER BUSINESS NONE IX. ADJOURNMENT Board member Calvin Collier made the motion, seconded by board member Susan Lenamon to adjourn the meeting. Motion Passed: 6 - 0 Time: 5:00 p.m. Minutes approved asAubmitteddand/or r th' T 11 day of Ju 200 , Q-Pcifnisgq#nberger, ATTEST: I _9 P_ Janice Yega, Administritive Assistant