RDAP-2013-03 - 2012-09-30 RESOLUTION NO. RDAP 2013- 3
A RESOLUTION OF THE DEVELOPMENT AUTHORITY OF
PEARLAND (DAP), ACCEPTING THE FINANCIAL REPORT FOR THE
PERIOD ENDING AUGUST 31, 2013.
BE IT RESOLVED BY DAP BOARD OF DIRECTORS:
Section 1. That the Development Authority of Pearland, TX hereby
accepts the Financial Report for the period ending August 31, 2013.
PASSED, APPROVED, AND ADOPTED this 30th day of September. A.D
2013.
TOM REID
DAP CHAIRMAN
ATTEST:
igeh--A--/
ED BAKER
DAP SECRETARY
EXHIBIT RDAP-2013-3
DEVELOPMENT AUTHORITY OF PEARLAND
BALANCE SHEET
FOR MONTH ENDED AUGUST 31, 2013
ASSETS:
Cash and Cash Equivalents 6,355,502
Money Market 4,347,563
Interest Receivable
Total Assets 10,703,065
LIABILITIES:
Accounts Payable -
Total Liabilities -
EQUITY:
Equity 10,703,065
Total Equity 10,703,065
Total Liabilities and Equity 10,703,065
DEVELOPMENT AUTHORITY OF PEARLAND
SCHEDULE OF REVENUES AND EXPENDITURES
FOR MONTH ENDED AUGUST 31, 2013
FY2013
ACTUAL
REVENUES TO - DATE
Contributions from TIRZ
Short Term Investment
Interfund Trsf from Fund 066 9,700,000
Bond Proceeds
Interest 1,454
TOTAL 9,701,454
EXPENDITURES
Professional Services 7,241
Reimbursement to Developer
Issuance Costs
Bond Payments
Principal
Interest 832,507
Fiscal Fees 6,950
TOTAL 846,699
Net Change in Fund Balance 8,854,755
BEGINNING FUND BALANCE 1,848,309
ENDING FUND BALANCE 10,703,065