R89-03-01-31-89RESOLUTION N0. R89-3
A RESOLUTION OF THE CITY OF PEARLAND, TEXAS
APPROVING THE RESOLUTION OF BRAZORIA COUNTY
MUNICIPAL UTILITY DISTRICT N0. 4 AUTHORIZING THE
ISSUANCE OF ITS SERIES 1989 REFUNDING BONDS
WHEREAS, Brazoria County Municipal Utility District No. 4
(the "District") is located within the extraterritorial jurisdiction
of the City of Pearland, Texas (the "City"); and
WHEREAS, by Resolution No. R80-13, dated June 9, 1980, the
City consented to the creation of the District and placed certain
conditions on the issuance of bonds by the District, including the
approval by the City Council of the District's resolution authorizing
the issuance of such bonds; and
WHEREAS, the City Council has considered such a bond
resolution in connection with the issuance of the District's proposed
Series 1989 Refunding Bonds and has found it to be acceptable; now,
therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND,
TEXAS, THAT:
1. All of the matters and facts set forth in the preamble
hereof are true and correct.
2. The resolution of the board of directors of Brazoria
County Municipal Utility District No. 4 authorizing the issuance of
its Unlimited Tax Refunding Bonds, Series 1989, is hereby approved.
3. The Mayor Of the City of Pearland is hereby authorized
to execute such letters or other documents required to be provided to
the Attorney General of Texas in connection with the issuance of such
bonds by the District.
4. This Resolution shall
after its passage in accordance with
the City of Pearland and it is
take effect immediately from and
the provisions of the Charter of
accordingly so resolved.
PASSED, APPROVED AND ADOPTED this
, A. D., 1989.
day of
CITY OF PEARLAND, TEXAS
B~~7~~~
Mayor
ATTEST:
City~cretar~y~-/~
APPROVED AS TO FORM:
City Attorney
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