R2017-172 2017-09-18 RESOLUTION NO. R2017-172
A Resolution of the City Council of the City Of Pearland, Texas, approving a
bond order of Brazoria County Municipal Utility District No. 6 and authorizing
the issuance of Series 2018 Bonds in an amount not to exceed $4,870,000.00.
WHEREAS, the Brazoria County Municipal Utility District No. 6 (the "District") is primarily
located within the extraterritorial jurisdiction of the City of Pearland, Texas (the "City"); and
WHEREAS, by Resolution No. R 86-7, dated February 10, 1986, the City consented to the
creation of the District, and placed certain conditions on the issuance of bonds by the District,
including the approval by the City Council of the District's issuance of such bonds; and
WHEREAS,the City Council has considered the District's proposed Series 2018 Bonds in an
amount not to exceed $4,870,000.00 and has found it to be acceptable; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS:
Section 1. All of the matters and facts set forth in the preamble hereof are true and
correct.
Section 2. The bond order of the board of directors of Brazoria County Municipal Utility
District No. 6, authorizing the issuance of Series 2018 Bonds in an amount not to exceed
$4,870,000.00 is hereby approved.
PASSED, APPROVED and ADOPTED this the 18th day of September, A. D., 2017.
TOM REID
MAYOR
ATTEST:
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APP OVED AS TO FORM:
DARRIN M. COKER
CITY ATTORNEY