R97-52 08-25-97RESOLUTION NO. R97-52
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PEARLAND,
TEXAS, DECLARING THE INTENT OF THE CITY COUNCIL TO ENTER
INTO AGREEMENTS FOR THE CREATION OF MUNICIPAL UTILITY
DISTRICTS WITHIN THE CORPORATE CITY LIMITS OF THE CITY OF
PEARLAND WHEN AND IF THE COUNCIL FINDS IT BENEFICIAL TO THE
CITY.
WHEREAS, the City is authorized to enter into agreements creating municipal
utility districts within its city limits ("in-city MUDs"); and
WHEREAS, in-city MUDs provide a mechanism by which a more comprehensive
tax base may be developed within the City; and
WHEREAS, in-city MUDs allow for the extension of utilities without additional
costs incurred by current users; and
WHEREAS, in-city MUDs provide development incentives without
disenfranchising citizens; and
WHEREAS, in-city MUDs allow for a variety of housing and amenities which
might otherwise be unavailable; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS:
Section 1. It is the intent of the City Council to accept and authorize the
creation of municipal utility districts within the city limits of the City of Pearland,
Texas when and if the Council finds it beneficial to the City.
PASSED, APPROVED and ADOPTED this the ~-~,.~r'~'~day of ~-z-~c~('', A.D.,
1997. ~,t,,~9
TOM REID
MAYOR
RESOLUTION NO. R97-52
ATTEST:
AMY MCTES McCULLOI3GH~~
CITY A.'I'q'ORNEY
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