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R-2012-062-2012-05-21 RESOLUTION NO. R2012-62 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, APPROVING A BOND ORDER OF BRAZORIA COUNTY MUNICIPAL UTILITY DISTRICT NO. 2 AUTHORIZING THE ISSUANCE OF $2,345,000 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 81-2, dated January 26, 1981 , 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 $2,345,000 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. 2, authorizing the issuance of its $2,345,000 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. R2012-62 TOM REID MAYOR ATTEST: AL■Ayg I)-d . Yir NG di RFING, .;co; Y SE 'ETARY APPROVED AS TO FORM: DARRIN M. COKER CITY ATTORNEY 2