HomeMy WebLinkAboutRDAP2012-06 2012-02-20RESOLUTION NO. RDAP 2012-06
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
$1,272,070 to Shadow Creek Ranch Development Company LTD to reimburse for TIRZ
infrastructure improvements.
PASSED, APPROVED, AND ADOPTED this 20th day of February. A.D 2012.
DAP CHAIRMAN
ATTEST:
DAP SECRETARY