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2021-09-27 DEVELOPMENT AUTHORITY OF PEARLAND MEETING MINUTESMINUTES OF A REGULAR MEETING OF THE DEVELOPMENT AUTHORITY OF PEARLAND, CITY OF PEARLAND TEXAS, HELD ON MONDAY, SEPTEMBER 27, 2021, 4:00 P.M. IN THE PEARLAND CITY HALL ANNEX COMMUNITY DEVELOPMENT — HOUSTON CONFERENCE ROOM. CALL TO ORDER Chair Reid called the meeting to order at 4:00 p.m. II. ROLL CALL - CERTIFICATION OF QUORUM Chairman Tom Reid Boardmember Tony Carbone Boardmember Donna Rizzo Boardmember Tom Baker Boardmember Tom Pool was absent. OTHERS PRESENT — Deputy City Manager Trent Epperson; City Secretary Crystal Roan; Chief Financial Officer Amy Johnson; Assistant Finance Director Kristen Woolley; Crystal Horn McGrath and Co., PLLC; Suewan Johnson, Allen Boone Humphries. III. CITIZEN COMMENTS There were none. IV. NEW BUSINESS 1. Consideration and Possible Action - Approval of the Development Authority of Pearland Board of Directors Regular Meeting Minutes for September 28, 2020 held at 4:00 p m. Boardmember Carbone made the motion, seconded by Boardmember Baker, to approve the Meeting Minutes for September 28, 2020, Regular Meeting held at 4 00 P.M Voting "Aye" Boardmembers Reid, Carbone, Rizzo, Baker. Voting "No" None. fill@ NUN HFri@g: 2. Consideration and Possible Action - Resolution No. RDAP 2021-01 - A Resolution of the Development Authority of Pearland (DAP), accepting the 2020 Annual Financial Report for the Fiscal Year ending September 30, 2020. Boardmember Baker made the motion, seconded by Boardmember Carbone, to approve Resolution No. RDAP 2021-01. Voting "Aye" Boardmembers Reid, Carbone, Rizzo, Baker. Development Authority of Pearland - Sep 27 2021 Voting "No" None. The motion carried. Resolution No. RDAP 2021-01 is adopted. Consideration and Possible Action - Resolution No. RDAP 2021-02 - A Resolution of the Development Authority of Pearland (DAP), accepting the Financial Reports for the period ending August 31, 2021. Boardmember Rizzo made the motion, seconded by Boardmember Carbone, to approve Resolution No RDAP 2021-02. Voting "Aye" Boardmembers Reid, Carbone, Rizzo, Baker. Voting "No" None. The motion carried. Resolution No. RDAP 2021-02 is adopted. 4. Consideration and Possible Action - Resolution No. RDAP 2021-03 - A Resolution of the Development Authority of Pearland (DAP), accepting the quarterly Investment Reports for the periods ending September 2020 December 2020, March 2021, and June 2021. Boardmember Carbone made the motion, seconded by Boardmember Baker, to approve Resolution No. RDAP 2021-03. Voting "Aye" Boardmembers Reid, Carbone, Rizzo, Baker. Voting "No" None. The motion carried. Resolution No. RDAP 2021-03 is adopted. 5. Consideration and Possible Action- Resolution No. RDAP 2021-04 - A Resolution of the Development Authority of Pearland (DAP) ratifying checks 1192 through 1198 totaling $9,467.50. Boardmember Carbone made the motion, seconded by Boardmember Rizzo, to approve Resolution No. RDAP 2021 04. Voting "Aye" Boardmembers Reid, Carbone, Rizzo, Baker. Voting "No" None. The motion carried. Resolution No. RDAP 2021-04 is adopted. 6. Consideration and Possible Action - Resolution No. RDAP 2021-05 - a resolution of the Development Authority of Pearland (DAP), Texas, authorizing reimbursements to the City of Pearland in the amount of $6,899,902 and 518 SCR, LTD, or its successor or assignee, in the amount Development Authority of Pearland - Sep 27 2021 of $3,936,578 for a total amount of $10,836,480 to reimburse developers for TIRZ infrastructure improvements. Boardmember Carbone made the motion, seconded by Boardmember Rizzo, to approve Resolution No. RDAP 2021-05. Voting "Aye" Boardmembers Reid, Carbone, Rizzo, Baker. Voting "No" None. The motion carried. Resolution No. RDAP 2021-05 is adopted. 7. DAP Board Input & Discussion Chair Reid discussed the format for the meeting agendas. V. ADJOURNMENT 4:15 p.m. Minutes approved as submitted and/or corrected this ATTEST: rcuitct ED BAKER SECRETARY day of October A.D., 2022. 3SX eme,c4,6CHAIR Development Authority of Pearland - Sep 27 2021