R-2015-137 2015-08-24 RESOLUTION NO. R2015-137
A Resolution of the City Council of the City of Pearland, Texas,
authorizing the Lower Kirby Pearland Management District
("District") to issue and sell bonds for certain road improvement
projects (Hooper Road and North Spectrum between Kirby Drive and
Hooper Road) in the District.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS:
Section 1. That Chapter 375.207 of the Texas Local Government Code requires
the District to obtain approval of the City for bond issues that support improvement
projects in the District.
Section 2. That the Mayor is hereby authorized to sign the consent letter,
attached hereto as Exhibit "A," authorizing the issuance of bonds for certain road
improvement projects, the plans and specifications for which have been approved by
the City Council.
PASSED, APPROVED, AND ADOPTED this 10th day of August, A.D., 2015.
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TOM EID
MAYOR
ATTEST:
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APPROVED AS TO FORM:
DARRIN M. COKER
CITY ATTORNEY
Resolution No. R2015-137
CITY OF PEARLAND Exhibit "A"
August 10,2015
The Honorable Leslie Brock
Attorney General of Texas
William P.Clements Building
300 West 15th Street, 7th Floor
Austin,Texas 78701
Re: Lower Kirby Pearland Management District Unlimited Tax Road Bonds,
Series 2015
Ladies and Gentlemen:
You are hereby notified that the City Council of the City of Pearland, Texas, has
authorized the Lower Kirby Pearland Management District to issue and sell the above-
captioned bonds for the purposes of funding certain road improvement projects, the
plans and specifications for which have also been approved by the City Council of the
City of Pearland, Texas, each in compliance with Section 375.207 of the Texas Local
Government Code. The approval was passed by the City Council at a duly posted City
Council meeting on August 10,2015.
Sincerely,
CITY OF PEARLAND
Tom eid, Mayor
Consent Letter