RDAP 2023-05 2023-09-27
RESOLUTION NO. RDAP 2023-05
A RESOLUTION OF THE DEVELOPMENT AUTHORITY OF PEARLAND (DAP),
AUTHORIZING DEVELOPER REIMBURSEMENTS TO CITY OF PEARLAND,
OR ITS SUCCESSOR OR ASSIGNEE, FOR TIRZ INFRASTRUCTURE
IMPROVEMENTS FOR A TOTAL AMOUNT OF $11,227,800.
BE IT RESOLVED BY DAP BOARD OF DIRECTORS:
Section 1. That the Development Authority of Pearland, TX hereby authorizes
cash reimbursements in the amount of $11,227,800 to City of Pearland, or its
successor or assignee, for TIRZ infrastructure improvements for a total amount of
$11,190,538.
PASSED, APPROVED, AND ADOPTED this ____27th ________ day of
____September________. A.D 2023.
_________________________
DAP CHAIRMAN
ATTEST:
________________________
BOARD MEMBER
DocuSign Envelope ID: 77F02D0F-C894-43E7-ADEE-ECCEB280B0DB