HomeMy WebLinkAbout20241113 DAP Meeting MinutesCITY OF PEARLAND, TEXAS
DEVELOPMENT AUTHORITY OF PEARLAND MEETING MINUTES
NOVEMBER 13, 2024
The Development Authority of Pearland of the City Council of Pearland, Texas, convened
in a meeting on November 13, 2024 at the Pearland City Hall Sacramento Room, 3519
Liberty Drive, Pearland, Texas. The following represents the actions taken in the order they
occurred during the meeting.
I. CALL TO ORDER
Chair Carbone called the meeting to order at 4:00 p.m.
11. ROLL CALL AND CERTIFICATION OF QUORUM
Members present were Chair Tony Carbone, Tom Pool, Donna Rizzo, Christine
Turner, Member Mayor Cole.
All members were present.
Others present were Trent Epperson, City Manager, Ron Fraser, Deputy City Manager,
Victor Brownlees, Assistant City Manager; Kendra Murphy, Deputy Finance Director,
Tenecha Williams, Assistant Director of Finance, Joel Hardy, Grants/Special Projects
Administrator (Interim Purchasing Officer) Frances Aguilar, City Secretary, and Gladis
Sanchez, Deputy City Secretary.
Ill. CITIZEN COMMENTS
There were no 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 September 27, 2023.
Chair Carbone made the motion, seconded by Member Pool to approve the
Development Authority of Pearland (DAP) Board of Directors Regular Meeting
Minutes held on September 27, 2023.
Ayes: Carbone, Pool, Rizzo, Turner, and Cole.
Nays: None.
The motion carried.
2. Consideration and Possible Action - Approval by the Development
Authority of Pearland (DAP) to establish the frequency and dates of its
meetings.
No action was taken.
Pearland Development Authority of Pearland Minutes November 13, 2024
3. Consideration and Possible Action - Resolution No. RDAP 2024-01 - 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
$16,750,302 of Surplus Tax Increment Revenues as of November 7, 2024.
Member Mayor Cole made the motion, seconded by Member Pool to amend
Resolution No. RDAP 2024-01 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 $16,750,302 of Surplus Tax Increment Revenues as of November 14,
2024.
Ayes: Carbone, Pool, Rizzo, Turner, and Cole.
Nays: None.
The motion carried.
4. Consideration and Possible Action - Resolution No. RDAP 2024-02 - A
Resolution of the Development Authority of Pearland (DAP), Texas,
accepting the Financial Reports for the period ending September 30, 2024.
Chair Carbone made the motion, seconded by Member Pool to approve
Resolution No. RDAP 2024-02 a Resolution of the Development Authority of
Pearland (DAP), Texas, accepting the Financial Reports for the period ending
September 30, 2024.
Ayes: Carbone, Pool, Rizzo, Turner, and Cole.
Nays: None.
The motion carried.
5. Consideration and Possible Action - Resolution No. RDAP 2024-03 - A
Resolution of the Development Authority of Pearland (DAP), accepting the
quarterly Investment Reports for the periods ending September 2023,
December 2023, March 2024, and June 2024.
Chair Carbone made the motion, seconded by Member Pool to approve
Resolution No. RDAP 2024-03 a Resolution of the Development Authority of
Pearland (DAP), accepting the Investment Reports for the quarters ending
September 2023, December 2023, March 2024, and June 2024.
Ayes: Carbone, Pool, Rizzo, Turner, and Cole.
Nays: None.
The motion carried.
6. Consideration and Possible Action - Resolution No. RDAP 2024-04 - A
Resolution of the Development Authority of Pearland (DAP), Texas,
ratifying checks #1212 through #1220 totaling $6,950.00.
Chair Carbone made the motion, seconded by Member Pool to approve
Resolution No. RDAP 2024-04 a Resolution of the Development Authority of
Pearland Development Authority of Pearland Minutes November 13, 2024
Pearland (DAP), Texas ratifying checks #1212 through #1220 totaling
$6,950.00.
Ayes: Carbone, Pool, Rizzo, Turner, and Cole.
Nays: None.
The motion carried.
7. Consideration and Possible Action - Resolution No. RDAP 2024-05 - A
Resolution of the Development Authority of Pearland (DAP), Texas,
authorizing reimbursements in the total amount of $16,750,302 to City of
Pearland $16,555,185 for LFA # 19-10-002 - Shadow Creek Ranch Library
and 195,117 for LFA # 19-10-003 - Shadow Creek Ranch Trail Connection
to reimburse developers for TIRZ infrastructure improvements.
Chair Carbone made the motion, seconded by Member Pool to amend
Resolution No. RDAP 2024-05 a Resolution of the Development Authority of
Pearland (DAP), Texas, authorizing reimbursements in the total amount of
$16,750,302 to City of Pearland, or its successor or assignee, $16,572,493 for
LFA # 19-10-002 - Shadow Creek Ranch Library and 177,809 for LFA # 19-10-
003 - Shadow Creek Ranch Trail Connection to reimburse developers for TIRZ
infrastructure improvements.
Ayes: Carbone, Pool, Rizzo, Turner, and Cole.
Nays: None.
The motion carried.
V. ADJOURNMENT
Meeting was adjourned at 4:40 p.m.
The Minutes were approved on this the 1st of October
ATTEST:
Frans Aguilar, T
City cretary
,CMC
ony Carbone
Chair
Pearland Development Authority of Pearland Minutes November 13, 2024