RDAP 2015-08 2015-09-14 RESOLUTION NO. RDAP-2015-08
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$6,840,000.
BE IT RESOLVED BY DAP BOARD OF DIRECTORS:
Section 1. That the Board of Directors hereby authorizes a cash reimbursement in the
amount of $6,840,000 to Shadow Creek Ranch Development Company LTD for TIRZ
infrastructure improvements.
PASSED, APPROVED, AND ADOPTED this 14TH day of September A.D.,
2015.
Tom Reid
DAP CHAIRMAN
ATTEST:
a A?"
Ed Baker
DAP SECRETARY