HomeMy WebLinkAboutR2025-126 20250728RESOLUTION NO. R2025-126
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 $7,160,000.00, for
certain drainage and parks projects (Lower Kirby Park 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 28th day of July, A.D., 2025.
________________________________
J.KEVIN COLE
MAYOR
ATTEST:
________________________________
FRANCES AGUILAR, TRMC, MMC
CITY SECRETARY
APPROVED AS TO FORM:
______________________________
DARRIN M. COKER
CITY ATTORNEY
Docusign Envelope ID: 8EFE0C5D-67A8-4F2D-9834-B8B084F43455
City of Pearland
3519 Liberty Drive
Pearland, Texas 77581
Tel: 281.652.1662
pearlandtx.gov
CITY OF PEARLAND
July 28, 2025
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 2025 ("Utility Bonds") and
Unlimited Tax Park Bonds, Series 2025A ("Park Bonds")
Ladies and Gentlemen:
You are hereby notified that the City Council of the City of Pearland, Texas has
approved the issuance of the Utility Bonds and the Park Bonds by the Lower Kirby
Pearland Management District.
The issuance of the Utility Bonds and the Park Bonds was approved by the City
Council of the City at a duly posted City Council meeting on July 28, 2025.
Sincerely,
CITY OF PEARLAND
Kevin Cole, Mayor
4933-3025-7745 v.1