RDAP-2009-06 - 2009-05-18RESOLUTION NO. RDAP-2009-06
A RESOLUTION OF THE DEVELOPMENT AUTHORITY OF PEARLAND
(DAP), RATIFYING CHECKS 1013 THROUGH 1019 AND APPROVING
CHECKS 1001, 1020 AND 1021 FOR PAYMENT
BE IT RESOLVED BY DAP BOARD OF DIRECTORS:
Section 1. That the Development Authority of Pearland, TX hereby ratifies
check numbers 1013 through 1019 as shown in Exhibit A.
Section 2. That the Development Authority of Pearland, TX hereby approved
check numbers 1001, 1020 and 1021 for payment as shown in Exhibit A.
PASSED, APPROVED, AND ADOPTED this 18th day of May, A.D. 2009.
, -_ = -_ 3. ?"e_ '�_
Tom Reid
DAP Chairman
ATTEST:
Ed Baker
DAP Secretary
CITY OF PEARLAND, TX Exhibit "A"
DEVELOPMENT AUTHORITY OF PEARLAND Resolution No. RDAP-2009-06
FISCAL YEAR 2008-2009
CHECK REGISTER THRU MAY 2009
CHECK NO
PAYEE
AMOUNT
CHECK DATE
1013
ABHR LLP
1,777.40
11/3/2008 August and September Services
1014
Wells Fargo
2,000.00
11/3/2008 Trustee Fees for Bond Issuance 2006
WT
Developer Reimbursement
640,000.00
11/10/2008 Cash Contribution to Developer - Wire Transfer
1015
ABHR LLP
819.89
1/9/2009 Oct and Nov 08 Services
1016
City of Pearland, TX
2,029.40
1/9/2009 Oct - Jan 09 Financial Services
1017
Wells Fargo
9,000.00
1/9/2009 Trustee Fees for Series 2004, 2005, and 2007
1018
void
void
1019
Arbitrage Compliance
3,750.00
3/4/2009 Arbitrage Calculations on 2004, 2005, and 2007
1020
City of Pearland, TX
2,000.00
5/18/2009 Feb, - May 09 Financial Services
1021
ABHR LLP
222.10
5/18/2009 Mar - April 09 Services
Total through May 2009 661,598.79
Operating Expenses 21,598.79
Developer Reimbursement 640,000.00
Total 661,598.79
AGENDA REQUEST
DEVELOPMENT AUTHORITY OF PEARLAND
PEARLAND, TEXAS
AGENDA OF: 05/18/09 ITEM NO.: Resolution No. RDAP-2009-06
DATE SUBMITTED: 05/07/09 REPRESENTING: City of Pearland
PREPARED BY: Claire Bogard PRESENTOR: Claire Bogard
SUBJECT: Ratification of Checks and Invoices for Payment
EXHIBITS: Resolution No. RDAP-2009-06; (Exhibit A to Resolution No. RDAP-
2009-06).
EXPENDITURE REQUIRED: $2,222.10
PROJECT: N/A
EXECUTIVE SUMMARY
In July 2007, the Board approved the creation of an invoice review committee to review and
approve invoices for payment. At that time the Board directed that invoices and checks
signed by the committee be ratified by the Board.
Exhibit A is a list of all checks signed by the invoice committee, checks 1013 — 1019. The
register also includes the wire transfer payment of $640,000 for a cash developer
reimbursement, previously approved by the board. All invoices were reviewed for services
rendered, and subsequent checks approved.
Also, presented are invoices for approval for payment. To the City of Pearland for financial
services from February 2009 to May 2009, pursuant to agreement between the parties, in
the amount of $2,000.00 and two invoices totaling $222.10 to ABHR LLP for services
through April 15, 2009.
RECOMMENDED ACTION
Consideration and approval to ratify checks 1013 through 1019 and approve payment to
City of Pearland and ABHR, LLP on invoices presented.
Revised 2007-01-09
CITY OF PEARLAND, TX EXHIBIT A
DEVELOPMENT AUTHORITY OF PEARLAND
FISCAL YEAR 2008-2009
CHECK REGISTER THRU MAY 2009
CHECK NO
PAYEE
AMOUNT
CHECK DATE
1013
ABHR LLP
1,777.40
11/3/2008 August and September Services
1014
Wells Fargo
2,000.00
11/3/2008 Trustee Fees for Bond Issuance 2006
WT
Developer Reimbursement
640,000.00
11/10/2008 Cash Contribution to Developer- Wire Transfer
1015
ABHR LLP
819.89
1/9/2009 Oct and Nov 08 Services
1016
City of Pearland, TX
2,029.40
1/9/2009 Oct - Jan 09 Financial Services
1017
Wells Fargo
9,000.00
1/9/2009 Trustee Fees for Series 2004, 2005, and 2007
1018
void
void
1019
Arbitrage Compliance
3,750.00
3/4/2009 Arbitrage Calculations on 2004, 2005, and 2007
1020
City of Pearland, TX
2,000.00
5/18/2009 Feb, - May 09 Financial Services
1021
ABHR LLP
222.10
5/18/2009 Mar - April 09 Services
Total through May 2009 661,598.79
Operating Expenses 21,598.79
Developer Reimbursement 640,000.00
Total 661,598.79
DEVELOPMENT AUTHORITY OF PEARLAND
INVOICES FOR REVIEW AND APPROVAL
May-09
PAYEE INVOICE NO. DESCRIPTION
City of Pearland 11422 Feb. -May Financial Services
ABHR LLP 31888 March Services
32424 April Services
Total
CHECK
AMOUNT
NO.
2,000.00
2,000.00 1020
151.50
70.60
222.10 1021
2,222.10 2,222.10