R2019-231 2019-09-16 RESOLUTION NO. R2019-231
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 $4,100,000.00, for certain water and drainage projects (BW8
and SH 288 waterlines and regional detention land acquisition).
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 16th day of September, A.D., 2019.
—:' TOM REID
'`• %\ MAYOR
ATTEST:
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MARIA RODRIGUEZ
INTERIM CITY SECRETARY
APPROVED AS TO FORM:
DARRIN M. COKER
CITY ATTORNEY
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City of Pearland
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4 3519 Liberty Drive, Pearland, TX 77581
Pearland, Texas 77581
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September 16, 2019
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 Bonds, Series 2020
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 water,wastewater and drainage
improvement 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 September 16, 2019.
Sincerely,
CITY OF PEARLAND
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Tom Reid, Mayor