R-2015-116 2015-07-13 Resolution No. R2015-116
CERTIFICATE FOR RESOLUTION NO.2010 0
THE STATE OF TEXAS §
COUNTIES OF BRAZORIA,FORT BEND AND HARRIS §
CITY OF PEARLAND §
I, the undersigned officers of the City of Pearland, Texas (the "City"), hereby certify as
follows:
1. The City Council of the City convened in a regular meeting on July 13, 2015, at the
regular meeting place thereof, within the City, and the roll was called of the duly constituted officers and
members of the City Council,to wit:
Tom Reid Mayor
Tony Carbone Mayor Pro Tern
Derrick Reed Councilmember
Gary Moore Councilmember
Keith Ordeneaux Councilmember
Greg Hill Councilmember
and all of such persons were present, thus constituting a quorum. Whereupon, among other business, the
following was transacted at said meeting: a written
RESOLUTION AUTHORIZING PUBLICATION OF NOTICE OF INTENTION TO
ISSUE CERTIFICATES OF OBLIGATION, IN AN AGGREGATE PRINCIPAL
AMOUNT NOT TO EXCEED $4,860,000, FOR THE ACQUISITION,
CONSTRUCTION AND IMPROVEMENT OF CERTAIN PUBLIC WORKS,
AUTHORIZING DISTRIBUTION OF A PRELIMINARY OFFICIAL STATEMENT
RELATING TO SUCH SERIES OF CERTIFICATES AND AUTHORIZING CERTAIN
OTHER MATTERS RELATING THERETO
(the "Resolution") was duly introduced for the consideration of the City Council and read in full. It was
then duly moved and seconded that the Resolution be adopted; and, after due discussion, such motion,
carrying with it the adoption of the Resolution,prevailed and carried by the following vote:
AYES: NAYS: 1 ABSTENTIONS: a
2. That a true, full and correct copy of the 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 City Council's minutes of such meeting; that the above and foregoing paragraph is a
true, full and correct excerpt from the City Council's minutes of such meeting pertaining to the adoption
of the Resolution; that the persons named in the above and foregoing paragraph are the duly chosen,
qualified and acting officers and members of the City Council as indicated therein; that each of the
officers and members of the City Council was duly and sufficiently notified officially and personally, in
advance, of the date, hour, place and subject of the aforesaid meeting, and that the Resolution would be
introduced and considered for adoption at such meeting, and each of such officers and members
consented,in advance,to the holding of such meeting for such purpose;that such meeting was open to the
public as required by law; and that public notice of the date, hour, place and subject of such meeting was
given as required by the Open Meetings Law, Chapter 551, Texas Government Code.
HOU:3573198.1
RESOLUTION NO. 20151/1w
RESOLUTION AUTHORIZING PUBLICATION OF NOTICE OF INTENTION
TO ISSUE CERTIFICATES OF OBLIGATION, IN AN AGGREGATE
PRINCIPAL AMOUNT NOT TO EXCEED $4,860,000, FOR THE
ACQUISITION, CONSTRUCTION AND IMPROVEMENT OF CERTAIN
PUBLIC WORKS, AUTHORIZING DISTRIBUTION OF A PRELIMINARY
OFFICIAL STATEMENT RELATING TO SUCH SERIES OF CERTIFICATES
AND AUTHORIZING CERTAIN OTHER MATTERS RELATING THERETO
STATE OF TEXAS §
COUNTIES OF BRAZORIA, FORT BEND AND HARRIS §
CITY OF PEARLAND §
WHEREAS, the City Council (the "City Council") of the City of Pearland, Texas (the
"City"), is authorized to issue certificates of obligation to pay contractual obligations to be
incurred for the construction of public works, for the purchase of materials, supplies, equipment,
machinery, buildings, land and rights-of-way for authorized needs and purposes, and for the
payment of contractual obligations for professional services pursuant to Subchapter C of Chapter
271,Texas Local Government Code, as amended;
WHEREAS, the City Council has determined that it is in the best interests of the City and
otherwise desirable to issue the City of Pearland, Texas Certificates of Obligation, Series 2015 in
an aggregate principal amount not to exceed $4,860,000 (the "Certificates") for the design,
engineering, acquisition and construction of certain public works and the purchase of certain
equipment for authorized needs and purposes;
WHEREAS, in connection with the Certificates, the City Council intends to publish
notices of intent to issue the Certificates (the "Notice") in a newspaper of general circulation in
the City; and
WHEREAS, the City Council has been presented with and has examined the proposed
forms of Notice and finds that the forms and substance thereof are satisfactory, and that the
recitals and findings contained therein are true, correct and complete.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND,
TEXAS:
Section 1. Preamble. The facts and recitations contained in the preamble of this
Resolution are hereby found and declared to be true and correct.
Section 2. Authorization of Notice. The City Secretary is hereby authorized and
directed to execute and deliver the Notice set forth in Exhibit A hereto and to publish such
Notice on behalf of the City once a week for two (2) consecutive weeks in a newspaper which is
of general circulation in the City, the date of the first publication of the Notice to be at least
HOU:3568535.2
thirty-one (31) days before the date tentatively set in the Notice for the passage of the ordinances
authorizing the issuance of the each series of the Certificates.
Section 3. Engagement of Professionals. This City Council hereby approves the
engagement of Andrews Kurth LLP, as bond counsel ("Bond Counsel") in connection with the
issuance of the Certificates.
Section 4. Authorization of Other Matters Relating Thereto. The Mayor, City
Secretary and other officers and agents of the City are hereby authorized and directed to do any
and all things necessary or desirable to carry out the provisions of this Resolution.
Section 5. Effective Date. This Resolution shall take effect immediately upon
passage.
Section 6. Public Meeting. It is officially found, determined and declared that the
meeting at which this Resolution is adopted was open to the public and public notice of the time,
place and subject matter of the public business to be considered at such meeting, including this
Resolution, was given all as required by the Texas Government Code, Chapter 551, as amended.
[signature page follows]
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EXHIBIT A
NOTICE OF INTENTION TO ISSUE CERTIFICATES
NOTICE IS HEREBY GIVEN that the City Council of the City of Pearland, Texas (the
"City") will meet at its regular meeting place at City Hall, Pearland, Texas at 6:30 p.m. on the
24th day of August, 2015, which is the time and place tentatively set for the passage of an
ordinance and such other action as may be deemed necessary to authorize the issuance of the
City's certificates of obligation, payable from ad valorem taxation and a limited (in an amount
not to exceed $10,000) subordinate pledge of certain revenues of the water and sewer system of
the City, in the maximum aggregate principal amount of$4,860,000, bearing interest at any rate
or rates, not to exceed the maximum interest rate now or hereafter authorized by law, as shall be
determined within the discretion of the City Council at the time of issuance and maturing over a
period of years not to exceed forty (40) years from the date thereof, for the purpose of evidencing
the indebtedness of the City to pay all or any part of the contractual obligations to be incurred for
the construction of public works and the purchase of materials, supplies, equipment, machinery,
buildings, land and rights-of-way for authorized needs and purposes and for the payment of
contractual obligations for professional services, to wit: (i) certain street improvements within
the City including improvements to Industrial Drive; (ii) certain improvements to existing City
facilities including Fire Station 2, and (iii) professional services rendered in connection with the
above listed projects.
WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY, this 13th day of
July, 2015.
/s/
City Secretary
City of Pearland,Texas
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SIGNED AND SEALED this'°rill /.3I , 2015.
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C. 'ecretary�!oung L. 'fi g, TRMC Mayor Tom REid
OF PE ' AND, TEXAS CITY OF PEARLAND,TEXAS
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HOU:3573198.I
PASSED AND APPROVED this 13th day of July, 2015.
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Mayor Tom Reid
City of Pearland, Texas
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