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HomeMy WebLinkAbout20251001 Development Authority of Pearland Meeting Agenda DEVELOPMENT AUTHORITY OF PEARLAND MEETING AGENDA WEDNESDAY, OCTOBER 1, 2025 4:00 P.M. PEARLAND CITY HALL | SACRAMENTO CONFERENCE ROOM│3519 LIBERTY DRIVE I. CALL TO ORDER II. ROLL CALL AND CERTIFICATION OF QUORUM III. CITIZEN COMMENTS IV. REGULAR AGENDA 1. Consideration and Possible Action - Approval of the minutes of the Development Authority of Pearland (DAP) Board of Directors Regular Meeting held on November 13, 2024. Development Authority of Pearland Meeting Minutes - November 13, 2024 2. Consideration and Possible Action - Resolution No. RDAP 2025-01 - A Resolution of the Development Authority of Pearland (DAP) accepting the Independent Accountant’s Report on Application of Agreed‐Upon Procedures of Costs Reimbursable to City of Pearland, Texas from $14,531,559 of Surplus Tax Increment Revenues as of October 1, 2025. Resolution - Audit RDAP 2025-01 DAP TIRZ 2 AUP Report 10-1-2025 3. Consideration and Possible Action - Resolution No. RDAP 2025-02 - A Resolution of the Development Authority of Pearland (DAP), Texas, accepting the Financial Reports for the period ending September 30, 2025. Resolution - Financial Statements RDAP 2025-02 4. Consideration and Possible Action - Resolution No. RDAP 2025-03 - A Resolution of the Development Authority of Pearland (DAP), accepting the quarterly Investment Reports for the periods ending September 2024, December 2024, March 2025, and June 2025. Resolution - Investment Reports RDAP 2025-03 Quarterly Investment Report -DAP - September 30, 2024 January 1 to March 31, 2025 - Quarterly Investment Report April 1 to June 30, 2025 - Quarterly Investment Report October 1 to December 31, 2024 - Quarterly Investment Report 5. Consideration and Possible Action - Resolution No. RDAP 2025-04 - A Resolution of the Development Authority of Pearland (DAP), Texas, ratifying checks 1221 through 1224 totaling $4,500.00. Resolution - Ratification of Checks RDAP 2025-04 Exhibit A - Check Register FY 25 6. Consideration and Possible Action - Resolution No. RDAP 2025-05 - A Resolution of the Development Authority of Pearland (DAP), Texas, authorizing reimbursements in the total amount of $14,531,559 to City of Pearland; specifically, in the amounts of $12,834,985 for LFA # 20-09-001 - Shadow Creek Ranch Park Phase II, $910,714 for LFA # 19-10-003 - Shadow Creek Ranch Nature Trail, and $785,860 for LFA # 21-02-001 - Shadow Creek Ranch Sidewalk Extensions to reimburse developers for TIRZ infrastructure improvements. Resolution - Developer Reimbursement RDAP 2025-05 DAP TIRZ 2 AUP Report 10-1-2025 V. ADJOURNMENT If you plan to attend this public meeting and you have a disability that requires special arrangements at the meeting, please contact the City Secretary at 281.652.1840 or by e-mail at citysecretary@pearlandtx.gov. Requests for special services must be received Forty-eight (48) hours prior to the meeting time. Reasonable accommodations will be made to assist your needs. I, Frances Aguilar, City Secretary, do hereby certify that this Notice of Meeting was posted on the City Hall bulletin board, a place convenient and readily accessible to the general public at all times and to the City's website, https://www.pearlandtx.gov, in compliance with Chapter 551, Texas Government Code. This said Notice was posted at City Hall, 3519 Liberty Dr., Pearland, Texas 77581 on September 25, 2025 by 6:00 p.m. and remained posted continuously for three business days preceding the scheduled time of said meeting.