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2013-12-09 CITY COUNCIL PUBLIC HEARING MEETING MINUTES 2 MINUTES OF A PUBLIC HEARING OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, HELD ON MONDAY, DECEMBER 9, 2013, AT 6:30 P.M. IN THE COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. Mayor Reid called the meeting to order at 6:52 p.m. with the following present: Mayor Tom Reid Mayor Pro-Tern Greg Hill Councilmember Tony Carbone Councilmember Scott Sherman Councilmember Keith Ordeneaux City Manager Bill Eisen City Attorney Darrin Coker City Secretary Young Lorfing Absent: Councilmember Susan Sherrouse. Others in attendance: Jon Branson Assistant City Manager; Matt Buchanan President of Economic Development Corporation; Eric Wilson Public Works Director; Trent Epperson Director of Engineering and Capital Projects; Mike Hodge Assistant City Manager; Lata Krishnarao Director of Community Development; Andrea Broughton Deputy Director/City Engineer; Claire Bogard Finance Director; Sparkle Anderson Communications Manager; Harold Ellis City Planner; Skipper Jones Assistant Director of Capital Projects. PURPOSE OF HEARING - PUBLIC COMMENT AND TESTIMONY REGARDING THE CREATION OF A REINVESTMENT ZONE IN ACCORDANCE WITH SECTION 312.201 OF THE TAX CODE AND CITY OF PEARLAND'S GUIDELINES FOR GRANTING TAXING ABATEMENTS. Mr. Darrin Coker, City Attorney. City Attorney Darrin Coker reported a Public Hearing is required prior to the creation of a Reinvestment Zone for property located on the east side of Kirby Drive (north of the Pearland Medical Plaza and Surgery Center), and a zone must be formed before the City may enter into a Tax Abatement Agreement with any prospect that may develop in the zone. The hearing is being held to determine whether the proposed industrial improvements sought for the property are feasible and practicable and whether the improvements will benefit the land with the zone. Pearland Economic Development Corporation has been working with a company on the possible construction of a light manufacturing facility. The proposed facility would include office, manufacturing and warehouse area in an 80 thousand square foot tilt-wall concrete building. The structure will be of similar quality and style to the Cardiovascular Systems and Merit Medical facilities. Investment in land, building and equipment is estimated at $9 million. The Council recently created a Reinvestment Zone on a different parcel for this Pearland Economic Development Corporation prospect. The purchase of that property did not close, so the prospect is now negotiating the purchase of the parcel that is the subject of the hearing. The first reading of the ordinance creating the Reinvestment Zone will be considered by City Council on December 9, 2013 with a second reading scheduled for Page 1 of 2 — 12/9/2013 December 16, 2013. An actual abatement agreement would not be presented to the City Council until January 2014. CITIZEN COMMENTS: None. COUNCIL/STAFF DISCUSSION: None. ADJOURNMENT Meeting was adjourned at 6:56 p.m. Minutes approved as submitted and/or corrected this the 13th day of January, A.D., 2014. _)(4.7t_ -----I.S2. Tom Reid Mayor ATTEST: i u ng i g, T-�/ / t` ^.. ...- y meta ry `" � ' Page 2 of 2 — 12/9/2013