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HomeMy WebLinkAboutR2026-117 20260727RESOLUTION NO. R2026-117 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 $17,370,000.00, for certain water, sewer, drainage and road improvement projects 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 27th day of July, A.D., 2026. ________________________________ QUENTIN WILTZ MAYOR ATTEST: ________________________________ FRANCES AGUILAR, TRMC, MMC CITY SECRETARY APPROVED AS TO FORM: ________________________________ LAWRENCE G. PROVINS CITY ATTORNEY Docusign Envelope ID: 64A1B826-3EB3-8D52-80C4-705E5C6958DB CITY OF PEARLAND July 27, 2026 The Honorable Leslie Brock Chief, Public Finance Division 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 2026 ("Utility Bonds") and Unlimited Tax Road Bonds, Series 2026 ("Road 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 Road Bonds by the Lower Kirby Pearland Management District. The issuance of the Utility Bonds and the Road Bonds was approved by the City Council of the City at a duly posted City Council meeting on July 27, 2026. Sincerely, CITY OF PEARLAND Quentin Wiltz, Mayor 4913-8069-3948 v.1