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RTIRZ-2014-09RESOLUTION NO. RTIRZ 2014-09 A Resolution of the Board Of Directors of The Pearland Tax Increment Reinvestment Zone #2 (Tirz #2) Board Of Directors, accepting The Engineering Report and approving the Letter Of Finance Agreement on Southlake Phase 3, Project #14-06-001 Site BE IT RESOLVED BY TIRZ #2 BOARD OF DIRECTORS: Section 1. That the Board of Directors for the Pearland Tax Increment Reinvestment Zone #2 hereby accepts the Engineering Report and approving the Letter of Finance Agreement on Southlake Phase 3, Project #14-06-001 site. PASSED, APPROVED, AND ADOPTED this 23rd day of June, A.D 2014. 0 Kenneth R. P lips TIRZ #2 CHAIRMAN ATT S Mike urn TIRZ #2 SECRETARY WA Engineering, Inc. 29N& pa erne PMm 71395.M Sub Fax 713953.5326 H &W. Teras 77642a7N wxw.11ae,gineenrq.com June 23, 2014 Board of Directors Reinvestment Zone No. 2, City of Pearland, Texas City of Pearland, Texas 3519 Liberty Drive Pearland, Texas 77581 Re: Project # 14-06-002, Shadow Grove Phase 1 Reinvestment Zone No. 2, City of Pearland, Texas WA Project No. 1546-0000 (2.0) Dear Board of Directors: We have determined that the referenced project, as proposed, is included in the adopted TIRZ Project Plan, 15' Amendment. The budget for the proposed improvements totals $5,904,075.00 (2006 dollars), which includes construction cost, design cost, and contingency for Shadow Grove Phase 1 as shown on the attached exhibits. Attached is a budget status report that illustrates the remaining balances within the TIRZ budget and shows the proposed budget for the above referenced project. If you have any questions or concerns regarding this matter, please contact our office. Sincerely, James D. Ross, PE Vice President JDR/ew Attachments Copy: Ms. Lynne B. Humphries — Allen Boone Humphries Robinson LLP Mr. Russell Bynum — KB Home Mr. Robert Hulbert — KB Home Mr. Scott Wright—Jones & Carter, Inc. Mr. Clay Pearson — City of Pearland, Texas O:LLJWD\1546�15EG0000\TIRZFirerce 14-O6Ap2.tloc RNnVeeMeM L , No. ], EISW W Pearenn, Tex --1 et AMrSenene Budget b TIRZ Impmwmenb .., Fine.O•green.. Pr�t NumLw: 14g8Lgt pro*tNeme: BNeEox Brow PMa1 OeWloper: NB Hme Be4 of Neellrq: June 33, 3014 INFENSTRUCTURE .0 End yiwarginPOmr.eeswlpenneepxgl InaarYq mrvgen®el�owl uen"*I Emxemmeniei SLxCoxs ENSeuul a Ola 'e, .1-1zemzr+.m1.-11u-1—ewi.n LJA E.pvwonp.irc. ISE =1 ENSeuul a Ola 'e, .1-1zemzr+.m1.-11u-1—ewi.n LJA E.pvwonp.irc. i I � r I� k. 0 O STREET PAVEMENT 1 REINVESTMENT ZONE NO. 2. CITY OF PEARLAND, TEXAS 1st Amendment SOUTHLAKE PHASE 3 PROJECT NO. 14-06-001 Legend 28 PAVEMENT vwnw uxo avxl. WAYM o 1 I WATER REINVESTMENT ZONE NO. 1 CITY OF PEARLAND, TEXAS 1st A..d.at SOUTHLAKEPHASE3 Legend PROJECT NO. 1406-001 .......... u — PROPOSED WATER LINE erzaoi. I \ 0 T_ SANITARY SE W LR 1 REINVESTMENT ZONE NO. 2. CITY OF PEARLAND, TEXAS let Amendment 9GLE. '•t�:EE SOUTHLAKE PHASE 3 PROJECT NO. 14-06-001 Lownd ...r+.�`... IA PROPOSED SANITARY SEWER e�eertxo +Yxe. 6YAi� 1 I..kYiDYI� i �.1 T At fi DRAINAGE REINVESTMENT ZONE NO. 2. CITY OF PEARLAND, TEXAS letA=ndm n( SOUTHLAKE PHASE 3 PROJECT NO. 14-06-001 ZA CBIII bZAle SF -1 SF.O Sf3 50.E 1 $F16AI SF I I $FL SFd SF9 1.0 SF -12 i� I $F.11 ' II BENEFITTED AREAS 1 / REINVESTMENT ZONE NO. 2. CITY OF PEARLAND, TEXAS 1st Amendment SOUTHLAKEPHASE3 PROJECT NO. 14-06-001 Legend ALLAAEAS BENEFIT Fxwmr.e. +osrw vrml�