R2018-244 2018-12-17 RESOLUTION NO. R2018-244
A Resolution of the City Council of the City of Pearland, Texas, authorizing
the Lower Kirby Pearland Management District ("District") to issue and sell
road bonds, totaling $3,000,000.00, for certain roadway and storm drainage
projects (North Spectrum Boulevard between Kirby Drive and the TxDOT
Ditch; and South Spectrum Boulevard).
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 road bonds for certain projects, the plans and
specifications of which have been approved by the City Council.
PASSED, APPROVED, AND ADOPTED this 10th day of December, A.D., 2018.
TOM REID
MAYOR
ATTEST:
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CITY SECRETARY •.
APPROVED AS TO FORM:
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DARRIN M. COKER
CITY ATTORNEY
Resolution No.R2018-244
Exhibit A exhibit"A"
CITY OF PEARLAND
• December 10,2018
The Honorable Leslie Brock
Office of the 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 Road Bonds,
Series 2019
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. These Bonds are being issued for the purposes of funding certain
road improvement projects, the plans and specifications for which have been approved
by the City 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
December 10,2018.
Sincerely,
CITY OF PEARLAND
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Tom Reid,Mayor
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