RDAP-2008-08 2008-11-03RESOLUTION NO. RDAP-2008-08
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.
BE IT RESOLVED BY DAP BOARD OF DIRECTORS:
Section 1. That the Board of Directors approves a cash payment in the amount
of $640,000 to Shadow Creek Ranch Development Company LTD to reimburse
for TIRZ infrastructure improvements.
PASSED, APPROVED, AND ADOPTED this 3`d day of November, A.D 2008.
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Development Authority of Pearland
Chairman
ATTEST:
~C~//~~~
Development Authority of Pearland
Secretary