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Resolution Compliance with Attorney General Requirements 2004-12-17RESOLUTION RELATING TO COMPLIANCE WITH ATTORNEY GENERAL REQUIREMENTS RELATING TO AGREEMENTS BETWEEN CITY OF PEARLAND, TEXAS, ALVIN INDEPENDENT SCHOOL DISTRICT, FORT BEND COUNTY, BRAZORIA COUNTY AND REINVESTMENT ZONE NUMBER TWO, CITY OF PEARLAND, TEXAS WHEREAS, Reinvestment Zone Number Two, City of Pearland, Texas (the "Zone has been legally created by the City of Pearland, Texas (the "City pursuant to Chapter 311, Texas Tax Code; and WHEREAS, the Board of Directors of the Zone (the "Zone Board on August 9, 1999, and the City Council of the City approved and adopted a Project Plan and a Reinvestment Zone Financing Plan for the Zone (the "TIRZ Plan"); and WHEREAS, on August 23, 1999, the Zone Board approved an interlocal agreement for the participation of Alvin Independent School District in the Zone (the "AISD Agreement and WHEREAS, on August 23, 1999, the Zone Board approved an interlocal agreement for the participation of Brazoria County in the Zone (the "Brazoria County Agreement and WHEREAS, on August 23, 1999, the Zone Board approved an interlocal agreement for the participation of Fort Bend County in the Zone (the "Fort Bend County Agreement" and together with the AISD Agreement and the Brazoria County Agreement, the "Interlocal Agreements"); and WHEREAS, at the time that the Zone Board approved the Interlocal Agreements on August 23, 1999, the full membership of the Zone Board had not yet been appointed by the various Zone participants; and WHEREAS, in connection with its review and approval of the Development Authority of Pearland Contract Tax Increment Revenue Bonds, Series 2004 (the proceeds of which will be used to finance Zone projects in accordance with the TIRZ Plan), the Attorney General of the State of Texas requested that the Zone Board ratify and re- approve the Interlocal Agreements; and WHEREAS, the Zone Board has convened on this date at a meeting open to the public and wishes to ratify and re- approve the Interlocal Agreements; Now, Therefore, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF REINVESTMENT ZONE NUMBER TWO, CITY OF PEARLAND, TEXAS, THAT: Section 1: The AISD Agreement, the Brazoria County Agreement and the Fort Bend County Agreement are hereby ratified and re- approved. This ratification and re- approval relates back to the date of the original approval by the Zone Board on August 9, 1999. This action should not be construed to change or alter any of the terms or conditions or effective dates of the various Interlocal Agreements. Section 2: All of the agreements, resolutions, certificates and other documents of the Zone contained in the official transcript of proceedings of the Development Authority of Pearland Contract Tax Increment Revenue Bonds, Series 2004, are hereby ratified and re- approved. Section 3: The Zone's attorneys are authorized to transmit this Resolution to the Attorney General of the State of Texas and to take appropriate action to release the proceeds of the Development Authority of Pearland Contract Tax Increment Revenue Bonds, Series 2004, for use in financing Zone projects in accordance with the TIRZ Plan. 50760 ATTEST: 50760 PASSED AND APPROVED this 17th day of December, 2004. Se retary, Board of Directors Chairman, Board of Directors THE STATE OF TEXAS COUNTIES OF BRAZORIA AND FORT BEND 50760.doc CERTIFICATE FOR RESOLUTION SIGNED this the 17th day of December, 2004. I, the undersigned officer of the Board of Directors of Reinvestment Zone Number Two, City of Pearland, Texas, hereby certify as follows: 1. The Board of Directors of Reinvestment Zone Number Two, City of Pearland, Texas, convened in regular session on the 5th day of October, 2004, at the regular meeting place thereof, and the roll was called of the duly constituted officers and members of the Board to -wit: Nigel Harrison Chair Gary Cook Vice Chair Mike Pyburn Secretary Jo Knight Director Ron Castillo Director Gary Davis Director Donna Coleman Director Larry Loessin Director James McFeron Director and all of said persons were present, except Director(s) �'u� M y L1rY■ Ley s +n thus constituting a quorum. Whereupon, among other busine §s, the following was transacted at the meeting: a written RESOLUTION RELATING TO COMPLIANCE WITH ATTORNEY GENERAL REQUIREMENTS RELATING TO AGREEMENTS BETWEEN CITY OF PEARLAND, TEXAS, ALVIN INDEPENDENT SCHOOL DISTRICT, FORT BEND COUNTY, BRAZORIA COUNTY AND REINVESTMENT ZONE NUMBER TWO, CITY OF PEARLAND, TEXAS was introduced for the consideration of the Board. It was then duly moved and seconded that the resolution be adopted, and, after due discussion, the motion, carrying with it the adoption of the resolution, prevailed and carried unanimously. 2. That a true, full and correct copy of the aforesaid Resolution adopted at the meeting described in the above and foregoing paragraph is attached to and follows this certificate; that the Resolution has been duly recorded in the Board's minutes of the meeting; that the persons named in the above and foregoing paragraph are the duly chosen, qualified and acting officers and members of the Board as indicated therein; that each of the officers and members of the Board was duly and sufficiently notified officially and personally, in advance, of the time, place and purpose of the aforesaid meeting, and that the Resolution would be introduced and considered for adoption at the meeting, and each of the officers and members consented, in advance, to the holding of the meeting for such purpose; that the meeting was open to the public as required by law; and that public notice of the time, place and subject of the meeting was given as required by Chapter 551, Texas Government Code. Secretary, Board of Directors