HomeMy WebLinkAbout020621 RES - 03/14/1989A RESOLUTION
APPROVING THE FINANCING BY THE BELL COUNTY HEALTH FACILITIES
DEVELOPMENT CORPORATION OF A HEALTH FACILITY LOCATED WITHIN
THE CITY OF CORPUS CHRISTI, TEXAS.
WHEREAS, the Health Facilities Development Act, Article 1528j Vernon's
Annotated Texas Civil Statutes, as amended (the "Act"), authorizes and empowers
Bell County Health Facilities Development Corporation (the "Issuer") to issue
revenue bonds on behalf of Bell County, Texas, (the "Issuing Unit") , to finance
the costs of health facilities found by the Board of Directors of the Issuer to
be required, necessary or convenient for health care, research and education,
any one or more, within the State of Texas and in furtherance of the public
purposes of the Act; and
WHEREAS, Section 4.01(1) of the Act provides that the Issuer may
provide for the financing of one or more health facilities located outside the
limits of the Issuing Unit with the consent of every other city, county or
hospital district within which such health facility is or is to be located; and
WHEREAS, Parkside Lodge of Texas, Inc. (the "User") proposes to obtain
financing from the Issuer from a portion of the proceeds of the Issuer's bonds
issued pursuant to the Act for the costs of the health facility described in
Exhibit A hereto (the "Project") ; and
WHEREAS, the Project is or is to be located within the City of Corpus
Christi, Texas, (the "City") and outside the limits of the Issuing Unit;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
SECTION 1. That the City hereby consents to the financing by the
Issuer of the Project as required by Section 4.01(1) of the Act; provided that
the City shall have no liability in connection with the financing of the Project
and shall not be required to take any further action with respect thereto.
SECTION 2. This Resolution shall take effect immediately from and
after its adoption and it is accordingly so ordered.
City Secretary
APPROVED: IV DAY OF fl4v.4t 19S1
HAL GEORGE, CITY ATTORNEY
THE CITY OF CORPUS CHRISTI, TEXAS
206,01_ MICROFILMED
Corpus Christi, Texas
PI day of 4Qile,11
The above resolution was passed by the following vote:
Betty N. Turner
David Berl anga , Sr. a(f_
Leo Guerrero at' -`
Cl if Moss
Bill Pruet
Mary Rhodes
Frank Schwing, Jr. }
Mary Pat Slavik L
Linda Strong
a t,c)
de_
99.066.01
2062,E