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R2023-031 2023-02-13RESOLUTION NO. R2023-31 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 (no City of Pearland bond obligations), totaling $6,220,000.00, for certain water and drainage projects (Fruge Road east of Kirby Drive, East Detention Pond 2, Conveyance 2 Diversion Channel and regional detention land acquisition) 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 the 13th day of February, A.D., 2023. ________________________________ J.KEVIN COLE MAYOR ATTEST: ________________________________ FRANCES AGUILAR, TRMC, MMC CITY SECRETARY APPROVED AS TO FORM: ______________________________ DARRIN M. COKER CITY ATTORNEY DocuSign Envelope ID: 3A47A33D-FC64-4827-BA0D-D75A8DF1DADC City of Pearland 3519 Liberty Drive Pearland, Texas 77581 Tel: 281.652 1600 pearlandtx.gov February 13, 2023 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 2023 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, sewer 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 February 13, 2023. Sincerely, CITY OF PEARLAND evin Cole, Mayor