RTIRZ 2014-11-10 Regular Meeting Minutes MINUTES OF A REGULAR MEETING OF THE DEVELOPMENT AUTHORITY OF PEARLAND,
CITY OF PEARLAND TEXAS, HELD ON MONDAY, NOVEMBER 10, 2014, 4:00 P.M., IN THE
FIRST FLOOR CONFERENCE ROOM AT PEARLAND CITY HALL, 3519 LIBERTY DRIVE,
PEARLAND, TEXAS.
Mayor Reid called the meeting to order at 4:03 p.m. with the following present:
Chairman Tom Reid
Secretary Ed Baker
Boardmember Bill Sloan
Boardmember Tom Pool
Boardmember Anthony Carbone
Others in attendance: Claire Bogard City of Pearland Director of Finance; Rick Overgaard,
Assistant Finance Director, Maria E. Rodriguez City of Pearland Deputy City Secretary;
John Robuck BOSC Inc.; Rick Witte, Andrews Kurth LLP, Drew Pelter Shadow Creek
Ranch Development Company.
NEW BUSINESS:
Board Action — Approval of the Development Authority of Pearland Board of Directors
Meeting Minutes for September 29, 2014, Special Meeting held at 4:00 P.M. DAP Board of
Directors.
Boardmember Sloan made the motion, seconded by Boardmember Pool, to approve the
Minutes of the September 29, 2014, Development Authority of Pearland Meeting.
Voting "Aye" Boardmembers Reid, Baker, Sloan, Pool, and Carbone.
Voting "No" None.
Motion Passed 5 to 0.
Board Action — Resolution No. RDAP- 2014-09 — A Resolution of the Development
Authority of Pearland (DAP), accepting the Investment Report for the quarter ending
September 2014.
Boardmember Baker made the motion, seconded by Boardmember Carbone, to approve
the Resolution No. RDAP-2014-09.
Rick Overgaard Assistant Finance Director, provided the Board with an overview of the
Quarterly Investment Report ending September 2014.
Boardmember Sloan asked how the $922,340 jump to $1,932,931 from June 2014 to
September 2014.
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ADJOURNMENT
Meeting was adjourned at 4:30 p.m.
Minutes approved as submitted and/or corrected this the 14th day of September, A.D.,
2015.
Tom Reid
Chair
ATTEST:
Ed Baker
Secretary
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