R2018-046 2018-03-05RESOLUTION NO. R2018-46
A Resolution of the City Council of the City of Pearland, Texas, authorizing
the Lower Kirby Pearland Management District ("District") to issue and sell
bonds, totaling $2,985,000, for certain water, sewer and drainage projects
(South Spectrum Boulevard West) in the District.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS:
Section 1. That Chapter 375.207 of the Texas Local Government Code requires the
District to obtain approval of the City for bond issues that support improvement projects in the
District.
Section 2. That the Mayor is hereby authorized to sign the consent letter, attached
hereto as Exhibit "A," authorizing the issuance of bonds for certain projects, the plans and
specifications of which have been approved by the City Council.
PASSED, APPROVED, AND ADOPTED this 5th day of March, A.D., 2018.
ATTEST:
APPROVED AS TO FORM:
DARRIN M. COKER
CITY ATTORNEY
TOM REID
MAYOR
Resolution No. R2018-046
Exhibit A Exhibit A
CITY OF PEARLAND
March 5, 2018
The Honorable Leslie Brock
Attorney General of Texas
William P. Clements Building
300 West 15th Street, 7th Floor
Austin, Texas 78701
Re: Lower Kirby Pearland Management District Unlimited Tax Bonds, Series
2018
Ladies and Gentlemen:
You are hereby notified that the City Council of the City of Pearland, Texas, has
authorized the Lower Kirby Pearland Management District to issue and sell the above -
captioned bonds for the purposes of funding certain water, wastewater and drainage
projects, the plans and specifications for which have also been approved by the City
Council of the City of Pearland, Texas, each in compliance with Section 375.207 of the
Texas Local Government Code. The approval was passed by the City Council at a duly
posted City Council meeting on March 5, 2018.
708207
Sincerely,
CITY OF PEARLAND
Grn
Tom Reid, Mayor
SOUTH SPECTRUM BOULEVARD
December, 2016
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Aerial Photo. ra•h: nearmap 2016
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