1997-04-07 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 MONDAY, APRIL 7, 1997 AT 4:00 P.M., IN THE COUNCIL
CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS.
I. The meeting was called to order at 4:04 p.m. with the following present:
BOARD MEMBERS
Vice President Tricia Holland
Secretary Susan Lenamon
Board Member Bill Berger
Board Member Stella Roberts
Board Member Connie Beaumont
Not in attendance: Due to a conflict in schedule, Chairman Dennis Frauenberger was
unable to attend.
EX -OFFICIO BOARD MEMBERS
City Manager Paul Grohman
TriTech John Knox
Chamber of Commerce Billye Everett
Mayor Tom Reid
STAFF MEMBERS
Executive Director Glen Erwin
Assistant Executive
Director John R. Bowman
Marketing &
Events Coordinator Terrie Morgan
Administrative Assistant Perla N. Lehman
Also in attendance: City Attorney Amy McCullough, City Engineer John Hargrove,
Projects Coordinator Alan Mueller, Councilmember Helen Beckman and Director of
Finance David Castillo.
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Minutes of Regular Meeting
April 7, 1997
Page 2
II. Approval of Minutes of Regular Meeting of March 3, 1997: Secretary Susan
Lenamon made the motion, seconded by board member Stella Roberts to approve the
minutes of the PEDC Regular meeting of March 3, 1997.
Motion passed: 5 to 0
Approval of Minutes of Special Meeting of March 17,1997: Board member
Connie Beaumont made the motion, seconded by Secretary Susan Lenamon to
approve the minutes of the Special PEDC meeting of March 17, 1997.
Motion Passed: 5 to 0
III. Board Member Reports - All board members complimented and thanked the
PEDC staff for the very professional marketing package they received in the mail
the previous week. The board stated they were pleased with the results of the staff's
work on putting this package together and looked forward to its circulation.
IV. Executive Director and Staff Reports - Mr. Ron Bavarian of Walsh Engineering
gave an update presentation on the Overpass/Road project. After a question and
answer period, the board was given a detailed presentation on the Clover Field
acquisition by Ms. Vesta Rea -Gaubert of Vesta Rea and Associates.
V. NEW BUSINESS
A. Sales Tax Revenue Bonds: Secretary Susan Lenamon made the motion,
seconded by board member Stella Roberts, to approve a resolution authorizing the
issuance of $5,000.000 Pearland Economic Development Corporation Sales Tax
Revenue Bonds, Series 1997; and containing other provisions related thereto.
Said motion was later moved and amended by same to include that the winning
bidder, First Southwest Company, would be insured with maximum coverage.
Motion Passed: 5 to 0.
B. Motion to Table Item: Board member Stella Roberts made the motion, seconded
by board member Connie Beaumont to table item B: "Resolution authorizing an
agreement regarding the construction and maintenance of street and bridge
improvements" until further clarification is obtained.
Motion to Table Item Passed: 5 to 0.
VI. ADJOURNMENT
Secretary Susan Lenamon made the motion, seconded by board member Stella
Roberts to adjourn the meeting.
Motion Passed: 5 to 0
Time: 5:40 p.m.
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Minutes of Regular Meeting
April 7, 1997
Page 3
Minutes ap roved a �ubmitteand/or corrected this
1997.
ATTEST:
erla N. Lehman, Administrative Assistant
m
day of
Dennis Frauenberger, President