R-2012-061-2012-05-21 RESOLUTION NO. R2012-61
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PEARLAND,
TEXAS, APPROVING A BOND ORDER OF BRAZORIA COUNTY
MUNICIPAL UTILITY DISTRICT NO. 3 AUTHORIZING THE ISSUANCE OF
$5,950,000 UNLIMITED TAX AND REVENUE REFUNDING BONDS,
SERIES 2012.
WHEREAS, the Brazoria County Municipal Utility District No. 2 (the "District") is
located within the extraterritorial jurisdiction and the incorporated limits of the City of
Pearland, Texas (the "City"); and
WHEREAS, by Resolution No. R 80-5, dated January 28, 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 issuance of such
bonds; and
WHEREAS, the City Council has considered the District's proposed $5,950,000
Unlimited Tax and Revenue Refunding Bonds, Series 2012, and has found it to be
acceptable; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS:
Section 1. All of the matters and facts set forth in the preamble hereof are true
and correct.
Section 2. The bond order of the board of directors of Brazoria County Municipal
Utility District No. 3, authorizing the issuance of its $5,950,000 Unlimited Tax and Revenue
Refunding Bonds, Series 2012, is hereby approved.
Section 3. This Resolution shall take effect immediately from and after its
passage in accordance with the provisions of the Charter of the City of Pearland and it is
accordingly so resolved.
PASSED, APPROVED and ADOPTED this the 21st day of May, A. D., 2012.
RESOLUTION NO. R2012-61
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TOM REID
MAYOR
ATTEST:
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APPROVED AS TO FORM:
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DARRIN M. COKER
CITY ATTORNEY
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