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2009-05-18 DEVELOPMENT AUTHORITY OF PEARLAND SPECIAL MEETING AGENDAAGENDA -SPECIAL MEETING OF THE DEVELOPMENT AUTHORITY OF PEARLAND, CITY OF PEARLAND TEXAS , TO BE HELD ON MONDAY, MAY 18, 2009, 4:00 P.M., IN THE FIRST FLOOR CONFERENCE ROOM AT PEARLAND CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. I. CALL TO ORDER AND ROLL CALL II. PUBLIC COMMENTS. III. NEW BUSINESS: 1. CONSIDERATION AND POSSIBLE ACTION -APPROVAL OF THE DEVELOPMENT AUTHORITY OF PEARLAND BOARD OF DIRECTORS MEETING MINUTES FOR APRIL 20, 2009 SPECIAL MEETING HELD AT 4:00 P.M. DAP Board of Directors. 2. CONSIDERATION AND POSSIBLE ACTION -RESOLUTION NO. RDAP-2009-02 - A RESOLUTION OF THE DEVELOPMENT AUTHORITY OF PEARLAND (DAP), TEXAS, APPROVING A CONTRACT WITH ARBITRAGE COMPLIANCE SPECIALISTS, INC. FOR ARBITRAGE COMPLIANCE SERVICES. Ms. Claire Bogard, Director of Finance. 3. CONSIDERATION AND POSSIBLE ACTION -RESOLUTION NO. RDAP-2009-03 - A RESOLUTION OF THE DEVELOPMENT AUTHORITY OF PEARLAND (DAP), TEXAS, REGARDING ANNUAL REVIEW AND ADOPTION OF INVESTMENT POLICY, STRATEGY, AND LIST OF APPROVED BROKER/DEALERS. Ms. Claire Bogard, Director of Finance. 4. CONSIDERATION AND POSSIBLE ACTION -RESOLUTION NO. RDAP-2009-04 - A RESOLUTION OF THE DEVELOPMENT AUTHORITY OF PEARLAND (DAP), TEXAS, ACCEPTING THE DAP INVESTMENT REPORT FOR THE QUARTERS ENDING SEPTEMBER 2008, DECEMBER 2008, AND MARCH 2009. Ms. Claire Bogard, Director of Finance. 5. CONSIDERATION AND POSSIBLE ACTION -RESOLUTION NO. RDAP-2009-05 - A RESOLUTION OF THE DEVELOPMENT AUTHORITY OF PEARLAND (DAP), TEXAS, ACCEPTING THE FINANCIAL REPORT FOR THE PERIOD ENDING MARCH 31, 2009. Ms. Claire Bogard, Director of Finance. Page 1 of 2 - 5/18/2009 -DAP 6. CONSIDERATION AND POSSIBLE ACTION -RESOLUTION NO. RDAP-2009-06 - A RESOLUTION OF THE DEVELOPMENT AUTHORITY OF PEARLAND (DAP), TEXAS, RATIFYING CHECKS 1013 THROUGH 1019 AND APPROVING CHECKS 1020 AND 1021 FOR PAYMENT. Ms. Claire Bogard, Director of Finance. 7. .CONSIDERATION AND POSSIBLE ACTION -RESOLUTION NO. RDAP-2009-07 -A RESOLUTION AUTHORIZING THE ISSUANCE OF $7,905,000 DEVELOPMENT AUTHORITY OF PEARLAND TAX INCREMENT CONTRACT REVENUE BONDS, SERIES 2009; APPROVING DOCUMENTS RELATING TO THE SERIES 2009 BONDS; AND CONTAINING OTHER PROVISIONS RELATED THERETO. Mr. Ryan O'Hara, RBC Capital Markets. 8. CONSIDERATION AND POSSIBLE ACTION -RESOLUTION NO. RDAP-2009-07 - A RESOLUTION OF THE DEVELOPMENT AUTHORITY OF PEARLAND (DAP), TEXAS, APPROVING PAYMENT OF THE COSTS OF ISSUANCE AND DEVELOPER REIMBURSEMENT ASSOCIATED WITH THE DAP BOND SERIES 2009 AND AUTHORIZE THE EXECUTION OF CHECKS AND WIRE TRANSFERS THEREOF. Ms. Claire Bogard, Director of Finance. IV. ADJOURNMENT This site is accessible to disabled individuals. For special assistance, please call Young Lorfinq at 281-412-8101 prior to the meeting so that appropriate arrangements can be made. I, Young Lorfinq, City Secretary of the City of Pearland, Texas, do hereby certify that the foregoing agenda was posted in a place convenient to the general public at City Hall on the 14th day of May 2009, at 6:00 p.m. ~~~ _ Ycsung Lo ir~g IBC ~~~ity Sege etary ~~~~~ Agenda removed ~~~y of May 2009. Page 2Tof 2 - 5/18/2009 -DAP