2017-10-30 DEVELOPMENT AUTHORITY OF PEARLAND MEETING AGENDAPage 1 of 2 – 10/30/2017
DEVELOPMENT AUTHORITY OF PEARLAND
CITY OF PEARLAND
REGULAR DAP MEETING
MONDAY, OCTOBER 30, 2017│4:00 P.M.
LARGE│COMMUNITY DEVELOPMENT CONFERENCE ROOM│
PEARLAND CITY HALL ANNEX 3523 LIBERTY DRIVE
281.652.1600
I. CALL TO ORDER and ROLL CALL: Chairman Reid, Secretary Baker,
Boardmembers Sloan, Pool, and Carbone.
II. PUBLIC COMMENTS
III. NEW BUSINESS:
1.Consideration and Possible Action – Approval of the Development Authority of
Pearland Board of Directors Meeting Minutes for October 10, 2016 Regular
Meeting held at 4:00 P.M. DAP Board of Directors.
2. Consideration and Possible Action – Resolution No. RDAP-2017-01 - A
Resolution of the Development Authority of Pearland (DAP), accepting the
2016 Annual Financial Report for the Fiscal Year ending September 30,
2016.
3. Consideration and Possible Action – Resolution No. RDAP-2017-02 - A
Resolution of the Development Authority of Pearland (DAP), accepting the
Financial Report for the period ending September 30, 2017.
4.Consideration and Possible Action – Resolution No. RDAP-2017-03 - A
Resolution of the Development Authority of Pearland (DAP), accepting the
Investment Report for the quarters ending September 2016, December 2016,
March 2017, and June 2017.
5.Consideration and Possible Action – Resolution No. RDAP-2017-04 – A
Resolution of the Development Authority of Pearland (DAP), ratifying checks 1158
through 1169 totaling $17,787.36.
6.Consideration and Possible Action – Resolution No. RDAP-2017-05 - A
Resolution of the Development Authority (DAP), Of Pearland Texas approving a
contract with Arbitrage Compliance Specialists, Inc. for arbitrage compliance
services.
Page 2 of 2 – 10/30/2017
7. Consideration and Possible Action – Resolution No. RDAP-2017-06 - A
Resolution of the Development Authority of Pearland (DAP), Texas authorizing a
developer reimbursement to Shadow Creek Ranch Development Company LTD to
reimburse for TIRZ Infrastructure Improvements in the amount of $5,985,000, plus
the amount received from tea for tax year 2016 supplemental taxes.
8. Consideration and Possible Action – Resolution No. RDAP-2017-07 - A
Resolution of the Development Authority Of Pearland (DAP), Texas authorizing a
developer reimbursement to Shadow Creek Ranch Development Company LTD to
reimburse for TIRZ infrastructure improvements in the amount of $8,118,000.
9. Board Input and Discussion - Regarding the Tax Increment Revenue Bonds,
Series 2017.
IV. ADJOURNMENT
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281-652-1840 prior to the meeting so that appropriate arrangements can be made.
All agenda supporting documents are available at pearlandtx.gov