R-2016-012 2016-02-22RESOLUTION NO. R2016-12
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 water, sewer and drainage projects
(Hooper Road and North Spectrum water/sewer and Regional
Detention) 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 water, sewer and
drainage projects, the plans and specifications for which have been approved by the City
Council of the City of Pearland.
PASSED, APPROVED, AND ADOPTED this 22nd day of February, A.D., 2016.
ATTEST:
NG NG, T
Y SEC TARY
APPROVED AS TO FORM:
DARRIN M. COKER
CITY ATTORNEY
O
TOM REID
MAYOR
•
CITY OF PEARLAND
February 22, 2016
The Honorable Leslie Brock
Attorney General of Texas
William P. Clements Building
300 West 15th Street, 7th Floor
Austin, Texas 78701
02/2.1/7 I
Resolution No. R2016-12
Exhibit "A"
Re: Lower Kirby Pearland Management District Unlimited Tax Bonds, Series
2016
Ladies and Gentlemen:
You are hereby notified that 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 water, sewer and drainage 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 of Pearland at a duly posted
City Council meeting on February 22, 2016.
Sincerely,
CITY OF PEARLAND
Tom eid, Mayor
Consent letter LKPMD ws&d bonds