RDAP-2012-14-A - 2012-09-17RESOLUTION NO. RDAP-2012-14-A
A RESOLUTION OF THE DEVELOPMENT AUTHORITY OF PEARLAND
(DAP), TEXAS AUTHORIZING A DEVELOPER REIMBURSEMENT TO
SHADOW CREEK RANCH DEVELOPMENT COMPANY LTD TO
REIMBURSE FOR TIRZ INFRASTRUCTURE IMPROVEMENTS IN THE
AMOUNT OF $5,480,000.
BE IT RESOLVED BY DAP BOARD OF DIRECTORS:
Section 1. That the Board of Directors hereby authorizes a cash reimbursement in the
amount of $5,480,000 to Shadow Creek Ranch Development Company LTD for TIRZ
infrastructure improvements.
PASSED, APPROVED, AND ADOPTED this 17th day of September. A.D 2012.
opment Authority of Pearland
Tom Reid, Chairman
ATTEST:
Development Authority of Pearland
Ed Baker, Secretary