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2010-05-03 CITY COUNCIL SPECIAL MEETING AGENDA AGENDA SPECIAL MEETING OF THE DEVELOPMENT AUTHORITY OF PEARLAND, CITY OF PEARLAND TEXAS TO BE HELD ON MONDAY, MAY 3, 2010, 4:00 P.M., IN THE FIRST FLOOR CONFERENCE ROOM AT PEARLAND CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. I. CALL TO ORDER AND ROLL CALL II. PUBLIC COMMENTS III. NEW BUSINESS: 1. CONSIDERATION AND POSSIBLE ACTION APPROVAL OF THE DEVELOPMENT AUTHORITY OF PEARLAND BOARD OF DIRECTORS MEETING MINUTES FOR NOVEMBER 23, 2009, SPECIAL MEETING HELD AT 4:00 P.M. DAP Board of Directors. 2. CONSIDERATION AND POSSIBLE ACTION RESOLUTION NO. RDAP- 2010 -1 A RESOLUTION OF THE DEVELOPMENT AUTHORITY OF PEARLAND (DAP), TEXAS APPROVING A CASH PAYMENT TO SHADOW CREEK RANCH DEVELOPMENT COMPANY LTD TO REIMBURSE FOR TIRZ INFRASTRUCTURE IMPROVEMENTS. Ms. Claire Bogard, Director of Finance. 3. CONSIDERATION AND POSSIBLE ACTION RESOLUTION NO. RDAP- 2010 -2 A RESOLUTION OF THE DEVELOPMENT AUTHORITY OF PEARLAND (DAP), ACCEPTING THE INVESTMENT REPORT FOR THE QUARTERS ENDING DECEMBER 2009 AND MARCH 2010. Ms. Claire Bogard, Director of Finance. 4. CONSIDERATION AND POSSIBLE ACTION RESOLUTION NO. RDAP- 2010 -3 A RESOLUTION OF THE DEVELOPMENT AUTHORITY OF PEARLAND (DAP), RATIFYING CHECKS 1062 THROUGH 1070. Ms. Claire Bogard, Director of Finance. 5. CONSIDERATION AND POSSIBLE ACTION RESOLUTION NO. RDAP- 2010 -4 A RESOLUTION OF THE DEVELOPMENT AUTHORITY OF PEARLAND (DAP), ACCEPTING THE FINANCIAL REPORT FOR THE PERIOD ENDING MARCH 31, 2010. Ms. Claire Bogard, Director of Finance. 6. CONSIDERATION AND POSSIBLE ACTION RESOLUTION NO. RDAP- 2010 -5 A RESOLUTION OF THE DEVELOPMENT SCANNED OF PEARLAND (DAP), CONTRACT WITH ARBITRAGE COMPLIANCE SPECIALISTS, INC. MAY 0 5 2010 FOR ARBITRAGE COMPLIANCE SERVICES. Ms. Claire Bogard, Director of Finance. CITY SECRETARY OFFICE Page 1 of 2 5/3/2010 DAP 7. CONSIDERATION AND POSSIBLE ACTION RESOLUTION NO. RDAP- 2010 -6 A RESOLUTION OF THE DEVELOPMENT AUTHORITY OF PEARLAND (DAP), ACCEPTING THE 2009 ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2009. Ms. Claire Bogard, Director of Finance. 8. CONSIDERATION AND POSSIBLE ACTION RESOLUTION NO. RDAP- 2010 -7 A RESOLUTION OF THE DEVELOPMENT AUTHORITY OF PEARLAND (DAP), ADOPTING AN AMENDED INVESTMENT POLICY, INVESTMENT STRATEGY AND APPROVED BROKERS IN ACCORDANCE WITH CHAPTER 2256 OF THE GOVERNMENT CODE "PUBLIC FUNDS INVESTMENT ACT Ms. Claire Bogard, Director of Finance. IV. ADJOURNMENT This site is accessible to disabled individuals. For special assistance, please call Young Lorfing at 281 652 -1653 prior to the meeting so that appropriate arrangements can be made. I, Young Lorfing, City Secretary of the City of Pearland, Texas, do hereby certify that the foregoing agenda was posted in a place convenient to the general public at City Hall on the 29 day of April 2010, at 5:30 p.m. t i /I «i fzs t1 Y% ng Lo g, r C/ IFy Secr- ary Agenda removed J day of May 2010. Page 2 of 2 5/3/2010 DAP