RDAP-2014-08 RESOLUTION NO. RDAP-2014-08
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 $6,285,000.
BE IT RESOLVED BY DAP BOARD OF DIRECTORS:
Section 1. That the Board of Directors hereby authorizes a cash reimbursement in the
amount of $6,285,000 to Shadow Creek Ranch Development Company LTD for TIRZ
infrastructure improvements.
PASSED, APPROVED, AND ADOPTED this 29th day of September, A.D 2014.
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Development Authority of Pearland
Chairman
ATTEST:
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Development Authority of Pearland
Secretary