Loading...
HomeMy WebLinkAbout022920 RES - 05/13/1997RESOLUTION CONCERNING THE USE OF THE PROCEEDS OF REVENUE BONDS ISSUED BY THE BEXAR COUNTY HEALTH FACILITIES DEVELOPMENT CORPORATION TO FINANCE AND REFINANCE REHABILITATION FACILITIES LOCATED WITHIN THE BOUNDARIES OF THE CITY OF CORPUS CHRISTI, TEXAS WHEREAS, the Bexar County Health Facilities Development Corporation (the "Issuer") was created by the Bexar County Commissioners Court pursuant to the provisions of the Health Facilities Development Act, Chapter 221, Texas Health and Safety Code, as amended (the "Act"). WHEREAS, it has been proposed that the Issuer issue its limited obligation revenue bonds (the "Bonds") and loan the proceeds thereof to Warm Springs Rehabilitation Foundation, Inc., a Texas non-profit corporation (the "Borrower"), to finance and refinance rehabilitation facilities located within the territorial limits of the City of Corpus Christi, Texas (the "City"); WHEREAS, the City is a "sponsoring entity" within the meaning of the Act; WHEREAS, under the Act, use of the proceeds of the Bonds to establish a health facility located outside the limits of Bexar County, Texas but within the limits of the City requires the consent of the City Council of the City (the "City Council"). WHEREAS, it is deemed necessary and advisable that this Resolution be adopted; THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS THAT: Section 1. This Resolution is adopted for the purpose of satisfying the conditions and requirements of Section 221.030 of the Act. Section 2. The City acting by and through this City Council hereby consents, within the meaning of Section 221.030 of the Act, to the issuance of the Bonds by the Issuer, and for the use of the proceeds of the Bonds to finance and refinance rehabilitation facilities located within the boundaries of the City. Section 3. The Mayor and City Secretary of the City and each member of the City Council are hereby authorized, jointly and severally, to execute and deliver such endorsements, instruments, certificates, documents, or papers necessary and advisable to carry out the intent and purposes of this Resolution. 0265677 22 920 MICMQFILMaa Section 4. This Resolution shall take effect immediately from and after its adoption. ATT PASSED AND APPROVED May , 1997 4 49 Cit ''cretary APPROVED AS TO FORM: May / ?., 1997 0285877 'Mayor City of Corpus Christi, Texas Corpus Christi, Texas '9/ / day of , 19 P% The above resolution was passed by the following vote: Loyd Neal Jaime Capelo Melody Cooper Alex L. Garcia, Jr. Arnold Gonzales Betty Jean Longoria John Longoria Edward A. Martin Dr. David McNichols ?2 i CERTIFICATE OF CITY SECRETARY THE STATE OF TEXAS § CITY OF CORPUS CHRISTI § I, the City Secretary of the City of Corpus Christi, Texas, hereby certify as follows: 1. The members of the City Council of the City of Corpus Christi, Texas (the "City Council") convened in regular session on the 13th day of May, 1997, at 2:00 42.m. at the City Council Chambers, 1201 Leopard Street, Corpus Christi, Texas 78401 (the "Meeting'), and the roll was called of the duly constituted members of the City Council, to -wit: Loyd Neal Mayor Arnold Gonzales Councilmember Edward A. Martin Councilmember Alex Garcia, Jr. Councilmember Betty Jean Longoria Councilmember Jaime Capelo Councilmember John Longoria Councilmember Dr. David McNichols Councilmember Melody Cooper Councilmember od and all of the said persons were present, except ethus constituting a quorum. Whereupon, among other business, the follo ng was transacted at the meeting: RESOLUTION CONCERNING THE USE OF THE PROCEEDS OF REVENUE BONDS ISSUED BY THE BEXAR COUNTY HEALTH FACILITIES DEVELOPMENT CORPORATION TO FINANCE AND REFINANCE REHABILITATION FACILITIES LOCATED WITHIN THE BOUNDARIES OF THE CITY OF CORPUS CHRISTI, TEXAS (the "Resolution") was duly introduced for the consideration of the City Council. It was then duly moved and seconded that the Resolution be adopted, and, after due discussion, said motion, carrying with it the adoption of the Resolution, prevailed and carried by the following vote: AYES: y NOES: ABSTENTIONS: 2. A true, full, and correct copy of the Resolution adopted at the Meeting is attached to and follows this Certificate; the Resolution has been duly recorded in the minutes of the Meeting; the above and foregoing paragraph is a true, full and correct excerpt from the minutes of the Meeting pertaining to the adoption of the Resolution; the persons named in the above and foregoing paragraph are the duly chosen, qualified, and acting members of the City Council; each of such members of the City Council was duly and sufficiently notified, officially and personally, in advance, of the time, place, and purpose of the Meeting and that the Resolution would be introduced and considered for adoption at the Meeting, and each of such members consented, in advance, to the holding of the Meeting for such purpose; and the Meeting was open to the public, and public notice of the time, place, and purpose of the Meeting was given, all as required by Chapter 551, as amended, Texas Government Code. SIGNED this 13th day of May, 1997 (SEAL) 0x067/ City Secretary, City of Corpus Christi Texas