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R-2015-233 2015-12-14RESOLUTION NO. R2015-233 A Resolution of the City Council of the City of Pearland, Texas, approving Pearland Economic Corporation expenditures estimated to be $758,900 for construction of the Lower Kirby Underground Electrical Phase II Duct Bank Facility and approving the related Terms and Conditions agreement with CenterPoint Energy. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS: Section 1. That certain expenditure estimated to be $758,900 by the Pearland Economic Development Corporation, for construction of the Lower Kirby Underground Electrical Phase II Duct Bank Facility, is hereby approved. Section 2. That the CenterPoint Energy Terms and Conditions for the Project are hereby approved. PASSED, APPROVED and ADOPTED this the 14th day of December, A.D., 2015. TOM REID MAYOR ATTEST: APPROVED AS TO FORM: DARRIN M. COKER CITY ATTORNEY