1995-09-07 PEARLAND ECONOMIC DEVELOPMENT CORPORATION BOARD REGULAR MEETING MINUTESMINUTES OF A REGULAR MEETING OF THE PEARLAND ECONOMIC DEVELOPMENT
CORPORATION BOARD, OF THE CITY OF PEARLAND, TEXAS, HELD THURSDAY,
SEPTEMBER 7, 1995 AT 12:00 P.M., IN THE FIRST FLOOR CONFERENCE
ROOM, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS.
The meeting was called to order at 12:00 p.m. with the following
present:
Chairman Dennis Frauenberger
Vice President
Secretary
Board Member
Board Member
Board Member
Board Member
Executive Director
Assistant Executive
Director
Marketing & Events
Coordinator
City Manager
Assistant City
Manager
City Attorney
Administrative
Assistant
Tritech Regional
Council
Chamber of Commerce
Assistant Director
of Administration
Tricia Holland
Susan Lenamon
Connie Beaumont
Bob Lewis
Stella Roberts
Charles Sones
Jim Berry
John R. Bowman
Terrie Morgan
Paul Grohman
Richard Burdine
Amy McCullough
Perla Lehman
John Knox
Billye Arcemant
Wendy Standorf
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Approval of Minutes. Secretary Susan Lenamon made the motion,
seconded y Boar Member Connie Beaumont to approve the minutes of
the August 18, 1995 special meeting as submitted.
Motion Passed 7 to 0.
Citizens wishing to address the Board of Directors regarding agenda
items. Citizens did not have anything to address at this time.
BOARD ENDORSEMENT OF THE UPCOMING 1995-96 SCHOOL BOND ISSUE: After
discussion, Vice President Tricia Holland made the motion to
endorse passage of the Bond Issue in the form of a resolution,
seconded by Board Member Connie Beaumont.
Motion Passed 7 to 0.
Agreement for Professional Services between the City of Pearland
Economic Development Corporation and the Pearland/Hobby Area
Chamber of Commerce was discussed. City Attorney Amy Motes
McCullough informed the Board of a dateline change she made on the
final original. The deadline for the Chamber to submit a budget was
changed from August 1, to May 1, of each calendar year in order to
accommodate the Board's requirement that the PEDC adopt their
budget 120 days prior to the City's fiscal year which is October 1.
Board Member Stella Roberts made the motion to adopt the final
agreement as noted, seconded by Secretary Susan Lenamon.
Motion Passed 7 to 0.
Presentation by David Miller on Industrial Park and Industrial
sites: Commerciai Reai Estate Broker David Miller presented' a
proposal to the Pearland Economic Development Corporation (PEDC)
outlining an Industrial -Business Park project for Pearland located
within 1-1/4 miles of Beltway 8. This property is raw, undeveloped
land having road frontage along Highway 35 and rail frontage in the
rear along the Santa Fe railroad. This land remains as the only
available property of its size and zoned (M-1) having such a
location.
The proposal is that the PEARLAND ECONOMICAL DEVELOPMENT
CORPORATION (PEDC) purchase the land and provide the funding
necessary to develop the road, water, sewer, and drainage
improvements to the property.
The benefits that the PEDC would obtain include: a project to
market for the city, taking advantage of our geography/ location;
capital gains from the sale of improved property; more jobs, income
derived from goods and services --more sales tax revenue; and
greater control over the direction and growth of the economic base.
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Benefits to the City of Pearland would include: increase in
revenues from property taxes, sales tax; increase in property
values; jobs, more people living and working within the city;
greater resident awareness of community and participation; planned,
progressive growth with purpose.
The Board will examine the details of this proposal and any further
questions will be submitted to Mr. Berry before making any final
decisions.
Discussion and Approval of Interim Guidelines for Incentives to
Industrial Prospects: Executive Director Jim Berry requested that
this agenda item be passed to a future agenda until further
developments can be made.
Discussion of INFO/TEX Presentation: The multimedia kiosk
app ication presented y INFO TEX on August 17, 1995 was discussed.
Executive Director Jim Berry informed the board that he was not yet
ready to ask for a decision on this matter. This agenda item was
passed to a future agenda until the board has an opportunity to
view video information sent to the PEDC and further details on this
matter can be obtained.
The Board adjourned into executive session under Texas Government
code at 1:00 p.m. to discuss the following:
SECTION 551.072 - DELIBERATION REGARDING REAL
PROPERTY - DISCUSSION REGARDING POSSIBLE ACQUISITION
OR JOINT VENTURE, INDUSTRIAL PARKS.
SECTION 551.074 - PERSONNEL - DISCUSSION CONCERNING
THE EXECUTIVE DIRECTOR AND THE ASSISTANT
EXECUTIVE DIRECTOR OF THE PEARLAND ECONOMIC DEVELOPMENT
CORPORATION.
The board reconvened open session at approximately 2:24 p.m.
No Action was taken.
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Adjournment.
Board Me ger Bob Lewis made the motion, seconded by Board Member
Connie Beaumont to adjourn the meeting.
Adjourned 2:25 p.m.
Minutesas submitted and/or
T--rrt5?.f—
day of , A.D., 1995.
ATTEST:
rla N. Lehman, Adminis
ve Assis
4
r�
ted this
sident