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RDAP-2012-06 - 2012-02-20 RESOLUTION 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 20`h day of February. A.D 2012. 21-4 DAP CHAIRMAN ATTEST: DAP SECRETARY