RDAP-2012-15 - 2012-09-17 RESOLUTION NO. RDAP-2012-15
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
$1,253,230 to Shadow Creek Ranch Development Company LTD to reimburse for TIRZ
infrastructure improvements.
PASSED, APPROVED, AND ADOPTED this 17t day of September. A.D 2012.
Deve opment Authority of Pearland
Tom Reid, Chairman
ATTEST:
Zit 646--L—
Development Authority of Pearland
Ed Baker, Secretary