Loading...
HomeMy WebLinkAbout1990/11/13-Minutes-City CouncilCouncil Met Members present Invocation Pledge of Aliegiance CITY COUNCIL MEETING NOVEMBER 13, 1990 On the 13th day of November, A.D., 1990, the City Council of the City of Fort Worth, Texas, met in regular session, with the following members and officers present, to -wit: Mayor Bob Bolen; Mayor Pro tempore Garey W. Gilley; Council Members Louis J. Zapata, William N. Garrison, Kay Granger, Eugene McCray, Bill Meadows, Virginia Nell Webber, and David Chappell; City Manager David Ivory; City Attorney Wade Adkins; City Secretary Ruth Howard; with more than a quorum present, at which time the following business was transacted: The invocation was given by Rabbi Ralp Mecklenberg, Temple Beth El. The Pledge of Allegiance was recited. Minutes of City Council Q-3 Page 348 Ainutes of Hovelaber 5. 19990 were approved Mr. Tom Tyler Pres anted a certificat to Mayor Boien 11i thdrew M&C C-126 Withdrew Mal"C G-1.03 Withdrew M&C L-103 Ci ty, Managet Ivory requetted.:M&C Nos. G-8904, G-8905 and C-12604 be cont. until after the bond sale schedule for 11:60 a.m. Consent agenda approved 39 TUESDAY, NOVEMBER 13, 1990 On motion of Mayor Pro tempore Gilley, seconded by Council Member Zapata, the minutes of the meeting of November 6, 1990, were approved. Mr. Tom Taylor, Sr., World Safety Organization, presented a certificate of appreciation to Mayor Bob Bolen. Council Member Meadows requested that Mayor and Council Communication No. C-12604 be withdrawn from the consent agenda. Council Member Webber requested that Mayor and Council Communication No. L-10306 be withdrawn from the consent agenda. Council Member Granger requested that Mayor and Council Communication No. L-10304 be withdrawn from the consent agenda. City Manager Ivory requested that Mayor and Council Communication Nos. G-8904, G-8905, and C-12604 be continued until after the bond sale scheduled for 11:00 a.m. On motion of Mayor Pro tempore Gilley, seconded by Council Member Zapata, the consent agenda, as amended, was approved. Council Member McCray advised City Councoil that he is abstaining from the vote on the resolution proving a resolution authorizing the issuance of bonds and other matters with respect to the Page Avjet Corporation project at Meacham Field. Introduced Mayor Pro tempore Gilley introduced a resolution and made a motion that it be a Resolution adopted. The motion was seconded by Council Member Zapata. The motion, carrying with it the adoption of said resolution, prevailed by the following vote: AYES: Mayor Bolen; Mayor Pro tempore Gilley; Council Members Zapata, Garrison, Granger, Meadows, Webber, and Chappell NOES: None ABSENT: None NOT VOTING: Council Member McCray The resolution, as adopted, is as follows: Raso l uti ori No. 168 RESOLUTION NO. 1687 WHEREAS, Sunbelt Industrial Development Corporation (the "Corporation") was created under the auspices of the City of Fort Worth (the "City"); and WHEREAS, on February 22, 1990, the City and Page Avjet Corporation, a Delaware corporation (the "Company") executed that certain "Fort Worth Aircraft Maintenance Hangar Facility Agreement" (the "Ground Lease"). whereunder the City was to lease certain land located at Meacham Field to the Company, and the Company was to build or cause to be built thereon an aircraft maintenance facility; and WHEREAS, the parties to the Ground Lease expressed their intent to have the City, acting through the Corporation, to issue tax-exempt revenue bonds to finance the construction of the facility, with the Company being obligated to make the debt service payments in support of said bonds; and WHEREAS, the Company has found a purchaser for said bonds, and the Corporation has adopted a resolution authorizing the issuance of said bonds; and WHEREAS, the purchaser of said bonds had requested that as a condition to the purchase of said bonds it be granted a security interest in the leasehold interest of the Company, as set forth in the "Ground and Facilities Use Agreement" between the Corporation and the Company, dated as of November 1, 1990 (the "Facilities Use Agreement") and as contemplated by the Ground Lease; and WHEREAS, in order to enable said purchaser to perfect the security interest in the leasehold interest of the Company, it is deemed necessary and advisable for the City to amend the Ground Lease solely for the purpose of more accurately defining the premises subject to the Ground Lease; and WHEREAS, notice of a public hearing on the Project (as defined in the Facilities Use Agreement attached hereto), as required by Section 147 of the Internal Revenue Code of 1986, as amended (the "Code"), was published in a newspaper of general circulation in the City at least 14 days prior to such public hearing; and Minutes of City Council Q-3 Page 349 359 . TUESDAY, NOVEMBER 13, 1990 eso&ution No. WHEREAS, it is deemed necessary and advisable that this Resolution be 687 cont. adopted. THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH THAT: Section 1. The "Ground and Facilities Use Agreement" by and between the Company and the Corporation (the "Facilities Use Agreement"), in substantially the form and substance as attached to this Resolution and made a part hereof for all purposes, is hereby approved, and revenue bonds in the principal amount of $6,000,000 (the "Bonds"), may be issued for the purpose of providing all or a portion of the cost of the acquisition, construction, equipping and improvement of certain airport facilities within the boundaries of the City for use by the Company, which Project is in compliance with the Development Corporation Act of 1979, as amended, and the rules promulgated thereunder by the Texas Department of Commerce; and said Project is hereby approved. Section 2. The resolutions adopted by the Corporation authorizing the execution of the Facilities Use Agreement, the issuance of the Bonds and the execution of the Trust Indenture by and between the Corporation and Ameritrust Texas National Association, as Trustee, in substantially the form and substance attached to this Resolution and made a part hereof for all purposes, are hereby specifically approved, and the Bonds may be issued as provided for therein. Section 3. The City Manager or the designee thereof is hereby authorized to execute and deliver the appropriate instruments to amend the Ground Lease to correct the property description therein set forth, which corrected property description is substantially in the form attached to this Resolution and made a part hereof for all purposes. Section 4. The City hereby consents to the assignment of certain interests of the Company granted by the Ground Lease to the Trustee, in particular as evidenced by the Ground Lease Deed of Trust, Assignment of Rents and Security Agreement from the Company to the Trustee, and the execution by the City Manager of the City thereof to evidence the aforesaid consent being hereby authorized, for the benefit of the purchasers of the Bonds, in accordance with and subject to the terms and conditions set forth in the Ground Lease, is hereby authorized. Section 5. The City Council of the City of Fort Worth hereby approves the issuance of the aforesaid Bonds in the principal amount not to exceed $20,000,000 for the Company, and such approval shall be solely for the purposes of Section 147 of the Code, as amended, and the City of Fort Worth, Texas shall have no liabilities for the payment of the Bonds nor shall any of its assets be pledged to the payment of the Bonds. n tr oduced an Council Member Zapata introduced an ordinance and made a motion that it be adopted. r Bina nce The motion was seconded by Mayor Pro tempore Gilley. The motion, carrying with it the adoption of said ordinance, prevailed by the following vote: AYES: Mayor Bolen; Mayor Pro tempore Gilley; Council Members Zapata, Garrison, Granger, McCray, Meadows, Webber, and Chappell NOES: None ABSENT: None The ordinance, as adopted, is as follows: CITY OF FORT WORTH ORDINANCE rd i aance No. II NO. 10721 0721 An ordinance passed concurrently by the City Councils, respectively, of the Cities of Dallas and Fort Worth, authorizing the issuance of Dallas -Fort Worth Regional Airport Joint Revenue Refunding Bonds, Series 1992A, in the aggregate principal amount of not to exceed $116,280,000, bearing interest at the rates specified, for the purpose of refunding up to $110,700,000 of Joint Revenue Bonds, Series 1982A maturing November 1, 2012; providing for the form of said bonds; appointing a Paying Agent/Registrar and providing for the transfer and exchange of such bonds; awarding the sale of such bonds to the purchasers thereof; authorizing the Dallas -Fort Worth International Airport Board to deliver said bonds as herein directed; providing that such bonds are on a parity with the outstanding Dallas -Fort Worth Regional Airport Joint Revenue Bonds heretofore or hereafter issued; adopting pertinent provisions of and supplementing the 1968 Regional Airport Concurrent Bond Ordinance and the Supplemental Regional Airport Concurrent Bond Ordinances which authorized the issuance of Outstanding Bonds; providing for the deposit of the proceeds of the Series 1992A Bonds into certain funds and into special escrow funds Minutes of City Council Q-3 Page 350 351 TUESDAY, NOVEMBER 13, 1990 Ordinance No. authorized to be established hereby for the benefit of certain of the said 10721 cont. bonds being refunded; and directing that due observance of the covenants herein contained be made by the Board; providing for severability; ordaining other matters incident and relating to the subject and purpose hereof; and declaring an emergency. WHEREAS, pursuant to applicable laws and a certain contract and agreement, dated April 15, 1968 (the "Contract and Agreement"), the City Councils, respectively, of the Cities of Dallas and Fort Worth, by an ordinance passed concurrently on November 11, 1968, and November 12, 1968 (the "1968 Ordinance"), authorized the issuance of and sold their Dallas -Fort Worth Regional Airport Joint Revenue Bonds, Series 1968 (the "Series 1968 Bonds"), and by ordinances concurrently passed subsequently authorized the issuance of and sold the Outstanding Bonds for the purpose of paying the costs of the Dallas -Fort Worth International Airport (formerly known as the "Dallas -Fort Worth Regional Airport") and for the purpose of refunding certain bonds issued pursuant to the 1968 Ordinance as supplemented; and WHEREAS, such subsequently issued bonds were issued as "Bonds" in accordance with the terms of the 1968 Ordinance and on a parity with the Series 1968 Bonds; and WHEREAS, said ordinances authorizing the Outstanding Bonds permit the issuance of Refunding Bonds, on a parity with the Outstanding Bonds, to refund any part or all of the Outstanding Bonds; and WHEREAS, in accordance with the Contract and Agreement said City Councils have been requested by the Dallas -Fort Worth International Airport Board to issue additional joint revenue bonds pursuant to a concurrent bond ordinance to refund a maturity of a series of previously issued Outstanding Bonds; and WHEREAS, it is deemed by said City Councils to be desirable, appropriate and necessary to issue such series of bonds for such purposes; and WHEREAS, the City Councils have each found and determined as to each that the matters to which this 1992A Ordinance relates are matters of imperative public need and necessity in the protection of the health, safety and morals of the citizens of each of the Cities and, as such, that this 1992A Ordinance is an emergency measure and shall be effective as to each City respectively upon its adoption by its City Council, and the meetings were open to the public as required by law; and that public notices of the time, place and purpose of said meetings were given as required by Article 6252-17, V.A.T.C.S., as amended. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF DALLAS, TEXAS: NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: ARTICLE I TITLE, PREAMBLES AND RATIFICATION Section 1.1. Short Title. This 1992A Ordinance may be cited by the short title, "Eighteenth Supplemental Regional Airport Concurrent Bond Ordinance." Section 1.2. Adoption of Preambles. All of the declarations and findings contained in the preambles of this 1992A Ordinance are made a part hereof and shall be fully effective as a part of the ordained subject matter of this 1992A Ordinance. Section 1.3. Ratification. All action heretofore taken (not inconsistent with the provisions hereof) by the Cities, by the Board and by the employees and officers of each directed toward the Airport and the issuance of the bonds herein authorized is hereby ratified, approved and confirmed. ARTICLE II DEFINITIONS AND CONSTRUCTION Section 2.1. Adoption of Definitions. The definitions set forth in Article II of the 1968 Ordinance are made a part hereof and shall be as fully effective as part of the subject matter of this 1992A Ordinance as if repeated in full herein. Minutes of City Council Q-3 Page 351 352 TUESDAY, NOVEMBER 13, 1990 Section 2.2. Additional Definitions. In addition to the definitions set Ordinance No. forth in the said 1968 Ordinance, the terms defined in this Section for all 1.0721 cont• purposes of this 1992A Ordinance and of any ordinance amendatory hereof, supplemental or relating hereto, and of any instruments or documents appertaining hereto, except where the context by clear implication shall otherwise require, shall have the respective meanings herein specified as follows, to -wit: "MASTER PLAN" shall mean and refer to the Airport's Master Plan of Development adopted on September 30, 1969, as amended from time -to -time. "1968 ORDINANCE" shall mean and refer to the 1968 Regional Airport Concurrent Bond Ordinance passed by the City Councils of the Cities, respectively, on November 11, 1968 and November 12, 1968. "1972 ORDINANCE" shall mean and refer to the Fifth Supplemental Regional Airport Concurrent Bond Ordinance passed by the City Councils of the Cities on March 6, 1972. "1976 ORDINANCE" shall mean and refer to the Seventh Supplemental Regional Airport Concurrent Bond Ordinance passed by the City Councils of the Cities on October 20, 1976, as amended November 8, 1976. "1977 ORDINANCE" shall mean and refer to the Eighth Supplemental Regional Airport Concurrent Bond Ordinance passed by the City Councils of the Cities on August 30 and August 31, 1977. "1978 ORDINANCE" shall mean and refer to the Ninth Supplemental Regional Airport Concurrent Bond Ordinance passed by the City Councils of the Cities on April 4 and April 5, 1978. "1982 ORDINANCE" shall mean and refer to the Tenth Supplemental Regional Airport Concurrent Bond Ordinance passed by the City Councils of the Cities on March 3, 1982. "1982A ORDINANCE" shall mean and refer to the Eleventh Supplemental Regional Airport Concurrent Bond Ordinance passed by the City Councils of the Cities on November 16 and November 17, 1982. "1984 ORDINANCE" shall mean and refer to the Twelfth Supplemental Regional Airport Concurrent Bond Ordinance passed by the City Councils of the Cities on September 11 and September 12, 1984. "1984A ORDINANCE" shall mean and refer to the Thirteenth Supplemental Regional Airport Concurrent Bond Ordinance passed by the City Councils of the Cities on October 9 and October 10, 1984. "1985 ORDINANCE" shall mean and refer to the Fourteenth Supplemental Regional Airport Concurrent Bond Ordinance passed by the City Councils of the Cities on December 3 and December 4, 1985. "1987 ORDINANCE" shall mean and refer to the Fifteenth Supplemental Regional Airport concurrent Bond Ordinance passed by the City Councils of the Cities on October 6 and 7, 1987. "1992 ORDINANCE" shall mean and refer to the Sixteenth Supplemental Regional Airport Concurrent Bond Ordinance passed by the City Councils of the Cities on September 11 and 12, 1990. "1992A ORDINANCE" shall mean and refer to the Eighteenth Supplemental Regional Airport concurrent Bond Ordinance passed by the City Councils of the Cities on November 13 and 14, 1990. "1994 ORDINANCE" shall mean and refer to the Seventeenth Supplemental Regional Airport Concurrent Bond Ordinance passed by the City Councils of the Cities on September 11 and 12, 1990. "OUTSTANDING BONDS" shall mean the outstanding Dallas -Fort Worth Regional Airport Joint Revenue Bonds, Series 1972, authorized by the 1972 Ordinance, the Dallas -Fort Worth Regional Airport Joint Revenue Refunding Bonds, Series 1976, authorized by the 1976 Ordinance, the Dallas -Fort Worth Regional Airport Joint Revenue Construction and Refunding Bonds, Series 1977, authorized by the 1977 Ordinance, the Dallas -Fort Worth Regional Airport Joint Revenue Bonds, Series 1978, authorized by the 1978 Ordinance, the Dallas -Fort Worth Regional Airport Joint Revenue Bonds, Series 1982A, authorized by the 1982A Ordinance, the Dallas -Fort Worth Regional Airport Joint Revenue Bonds, Series 1984, authorized by the 1984 Ordinance, the Dallas -Fort Worth Regional Airport Joint Revenue Refunding Bonds, Series 1984A, authorized by the 1984A Ordinance, the Dallas -Fort Worth Regional Airport Joint Revenue Bonds, Series 1985, authorized by the 1985 Ordinance and the Dallas -Fort Worth Regional Airport Joint Revenue Refunding Bonds, Minutes of City Council Q-3 Page 352 353 TUESDAY, NOVEMBER 13, 1990 Ordinance No. Series 1987, authorized by the 1987 Ordinance and shall also mean the 10721 Dallas -Fort Worth Regional Airport Joint Revenue Refunding Bonds, Series 1992 heretofore authorized and issued and the Dallas -Fort Worth Regional Airport Joint Revenue Refunding Bonds, Series 1994 heretofore authorized and issued once such series of Bonds are delivered and outstanding. "PAYING AGENT/ REGISTRAR" shall mean NCNB Texas National Bank, with respect to the Series 1992A Bonds or any successor appointed pursuant to the provisions of Section 3.4 hereof. "REFUNDING BONDS" shall mean any refunding bonds issued pursuant to Section 8.6 of the 1968 Ordinance for the purpose of refunding any Bonds outstanding. "SERIES 1972 BONDS" shall mean the Dallas -Fort Worth Regional Airport Joint Revenue Bonds, Series 1972, authorized by the 1972 Ordinance. "SERIES 1976 BONDS" shall mean the Dallas -Fort Worth Regional Airport Joint Revenue Refunding Bonds, Series 1976, authorized by the 1976 Ordinance. "SERIES 1977 BONDS" shall mean the Dallas -Fort Worth Regional Airport Joint Revenue Construction and Refunding Bonds, Series 1977, authorized by the 1977 Ordinance. "SERIES 1978 BONDS" shall mean the Dallas -Fort Worth Regional Airport Joint Revenue Bonds, Series 1978, authorized by the 1978 Ordinance. "SERIES 1982 BONDS" shall mean the Dallas -Fort Worth Regional Airport Joint Revenue Bonds, Series 1982, authorized by the 1982 Ordinance. "SERIES 1982A BONDS" shall mean the Dallas -Fort Worth Regional Airport Joint Revenue Bonds, Series 1982A, authorized by the 1982A Ordinance. "SERIES 1984 BONDS" shall mean the Dallas -Fort Worth Regional Airport Joint Revenue Bonds, Series 1984, authorized by the 1984 Ordinance. "SERIES 1984A BONDS" shall mean the Dallas -Fort Worth Regional Airport Joint Revenue Refunding Bonds, Series 1984A, authorized by the 1984A Ordinance. "SERIES 1985 BONDS" shall mean the Dallas -Fort Worth Regional Airport Joint Revenue Bonds, Series 1985, authorized by the 1985 Ordinance. "SERIES 1987 BONDS" shall mean the Dallas -Fort Worth Regional Airport Joint Revenue Refunding Bonds, Series 1987, authorized by the 1987 Ordinance. "Series 1992 BONDS" shall mean the Dallas -Fort Worth Regional Airport Joint Revenue Refunding Bonds, Series 1992, authorized by the 1992 Ordinance. "Series 1992A BONDS" shall mean the Dallas -Fort Worth Regional Airport Joint Revenue Refunding Bonds, Series 1992A, herein authorized to be issued and sold. "SERIES 1994 BONDS" shall mean the Dallas -Fort Worth Regional Airport Joint Revenue Refunding Bonds, Series 1994, authorized by the 1994 Ordinance. ARTICLE III THE BONDS Section 3.1. Authorization. So as to protect the public safety and in order to promote and advance the general welfare of the citizens of Dallas and Fort Worth and the North Central Texas region, it is hereby declared necessary that the Cities issue, and the Cities hereby authorize and direct the issuance of the Dallas -Fort Worth Regional Airport Joint Revenue Refunding Bonds, Series 1992A, in the aggregate principal amount of not to exceed $116,280,000, pursuant to the provisions of Article 46d, Article 1269]-5.1, Article 717k and Article 717q V.A.T.C.S., as amended, for the purpose of refunding on May 1, 1992 up to $110,700,000 of the Series 1982A Bonds maturing on November 1, 2012 being Series 1982A Bonds numbered 9,261 to 31,400, inclusive (the "Refunded Bonds"), now outstanding. It is hereby officially found and determined that the proceeds of the Series 1992A Bonds to be received February 5, 1992, if all such Series 1992A Bonds authorized are issued and delivered, together with the money hereafter authorized and directed to be transferred on February 5, 1992 from the Interest and Sinking Fund to the Dallas -Fort Worth Regional Airport Series 1992A Special Escrow Fund pursuant to Article V hereof, will be sufficient to provide funds to pay the principal of all or a portion of the Refunded Bonds, the applicable two percent (2%) premium and the interest thereon to May 1, 1992 and the bond insurance premium to Financial Guaranty Insurance Company in accordance with Minutes of City Council Q-3 Page 353 35-A TUESDAY, NOVEMBER 13, 1990 M 11 rdinance No. the commitment letter for such insurance. The Series 1992A Bonds are issued 0721 cont. as Refunding Bonds pursuant to and as permitted by the 1968 Ordinance, and shall be on a parity with the Outstanding Bonds remaining outstanding. Section 3.2. Date, Denominations and Maturities. The Series 1992A Bonds shall be dated November 1, 1990, shall be in the denomination of $5,000 each, or any integral multiple thereof, shall be numbered consecutively from one upward and shall mature and become due and payable on November 1 in the years and in the amounts as follows: The Series 1992A Bonds are being sold pursuant to an Escrow and Forward Purchase Agreement, referred to in Section 4.3 hereof, pursuant to which the Series 1992A Bonds are to be delivered on February 5, 1992. Such Escrow and Forward Purchase Agreement contemplates the possibility that less than all of the Series 1992A Bonds may be delivered in which event the Series 1992A Bonds not delivered to such purchasers shall be cancelled by the Paying Agent/Registrar and returned to the Board with a cancellation certificate and thereafter shall be treated as no longer authorized or outstanding under the 1968 Ordinance, as supplemented and amended, and under this 1992A Ordinance. Section 3.3. Interest Rates. A. The Series 1992A Bonds shall bear interest from February 5, 1992 to their stated maturities or earlier redemption at the following rates: all Maximum scheduled Maximum Years Amounts Years Amounts 1993 $465,000 2004 $ 8,155,000 1994 500,000 2005 8,905,000 1995 540,000 2006 9,515,000 1996 580,000 2007 10,390,000 1998 1,300,000 2008 11,115,000 1999 725,000 2009 11,945,000 2000 780,000 2010 13,000,000 2001 840,000 2011 13,880,000 2002 905,000 2012 15,165,000 2003 7,575,000 year 1996 The Series 1992A Bonds are being sold pursuant to an Escrow and Forward Purchase Agreement, referred to in Section 4.3 hereof, pursuant to which the Series 1992A Bonds are to be delivered on February 5, 1992. Such Escrow and Forward Purchase Agreement contemplates the possibility that less than all of the Series 1992A Bonds may be delivered in which event the Series 1992A Bonds not delivered to such purchasers shall be cancelled by the Paying Agent/Registrar and returned to the Board with a cancellation certificate and thereafter shall be treated as no longer authorized or outstanding under the 1968 Ordinance, as supplemented and amended, and under this 1992A Ordinance. Section 3.3. Interest Rates. A. The Series 1992A Bonds shall bear interest from February 5, 1992 to their stated maturities or earlier redemption at the following rates: all bonds scheduled to mature in the year 1993 ... 7.500% per annum; all bonds scheduled to mature in the year 1994 ... 7.500% per annum; all bonds scheduled to mature in the year 1995 ... 7.600% per annum; all bonds scheduled to mature in the year 1996 ... 7.600% per annum; all bonds scheduled to mature in the year 1998 ... 7.650% per annum; all bonds scheduled to mature in the year 1999 ... 7.700% per annum; all bonds scheduled to mature in the year 2000 ... 7.700% per annum; all bonds scheduled to mature in the year 2001 ... 7.750% per annum; all bonds scheduled to mature in the year 2002 ... 7.750% per annum; all bonds scheduled to mature in the year 2003 ... 7.750% per annum; all bonds scheduled to mature in the year 2004 ... 7.800% per annum; all bonds scheduled to mature in the year 2005 ... 7.800% per annum; all bonds scheduled to mature in the year 2006 ... 7.800% per annum; all bonds scheduled to mature in the year 2007 ... 7.800% per annum; all bonds scheduled to mature in the year 2008 ... 7.375% per annum; all bonds scheduled to mature in the year 2009 ... 7.375% per annum; all bonds scheduled to mature in the year 2010 ... 7.375% per annum; all bonds scheduled to mature in the year 2011 ... 7.375% per annum; all bonds scheduled to mature in the year 2012 ... 7.375% per annum; Said interest shall be payable to the registered owner of any such Series - 1992A Bond in the manner provided and on the dates stated in the Form of Bond set forth in Section 3.6 hereof. Section 3.4. Paying Agent/Registrar. A. The Cities shall keep or cause to be kept initially at the office of NCNB Texas National Bank in Fort Worth, Texas, or such other bank, trust company, financial institution or other agency named in accordance with the provisions of G. of this Section 3.4 hereof (the "Paying Agent/Registrar") books or records of the registration and transfer of the Series 1992A Bonds (the "Registration Books") and the Cities hereby appoint the Paying Agent/Registrar as its registrar and transfer agent to keep such books or records and make such transfers and registrations under such reasonable regulations as the Cities and the Paying Agent/Registrar may prescribe; and the Paying Agent/Registrar shall make such transfers and registrations as herein provided. It shall be the duty of the Paying Agent/Registrar to obtain from the registered owner and record in the Registration Books the address of such registered owner of each bond, and such other information as may be required by law, to which payments with respect to the Series 1992A Bonds shall be mailed, as herein provided. The Cities or their designee Minutes of City Council Q-3 Page 354 355 TUESDAY, NOVEMBER 13, 1990 Ordinance No. shall have the right to inspect the Registration Books during regular 10721 cont. business hours of the Paying Agent/Registrar, but otherwise the Paying Agent/Registrar shall keep the Registration Books confidential and, unless otherwise required by law, shall not permit their inspection by any other entity. Registration of each Series 1992A Bond may be transferred in the Registration Books only upon presentation and surrender of such bond to the Paying Agent/Registrar for transfer of registration and cancellation, together with proper written instruments of assignment, in form and with guarantee of signatures satisfactory to the Paying Agent/Registrar, evidencing the assignment of the bond, or any portion thereof in any integral multiple of $5,000, to the assignee or assignees thereof, and the right of such assignee or assignees to have the bond or any such portion thereof registered in the name of such assignee or assignees. Upon the assignment and transfer of any Series 1992A Bond or any portion thereof, a new substitute bond or bonds shall be issued in exchange therefor in the manner herein provided. B. The entity in whose name any Series 1992A Bond shall be registered in the Registration Books at any time shall be treated as the absolute owner thereof for all purposes of this 1992A Ordinance, whether or not such bond shall be overdue, and the Cities and the Paying Agent/Registrar shall not be affected by any notice to the contrary; and payment of, or on account of, the principal of, premium, if any, and interest on any such bond shall be made only to such registered owner. All such payments shall be valid and effectual to satisfy and discharge the liability upon such bond to the extent of the sum or sums so paid. C. The Cities hereby further appoint the Paying Agent/Registrar to act as the paying agent for paying the principal of and interest on the Series 1992A Bonds, and to act as its agent to exchange or replace Series 1992A Bonds, all as provided in this 1992A Ordinance. The Paying Agent/Registrar shall keep proper records of all payments made by the Cities and the Paying Agent/Registrar with respect to the Series 1992A Bonds, and of all exchanges of such bonds, and all replacements of such bonds, as provided in this 1992A Ordinance. The Paying Agent/Registrar shall agree that, to the extent possible, it will transfer or exchange bonds in no more than 3 business days after receipt of the Series 1992A Bonds to be transferred or exchanged, together with the written instrument of transfer or request for exchange duly executed by the holder or his duly authorized agent, in form satisfactory to the Paying Agent/Registrar. D. Each Series 1992A Bond may be exchanged for fully registered bonds in the manner set forth herein. Each bond issued and delivered pursuant to this 1992A Ordinance, to the extent of the unpaid or unredeemed principal balance or principal amount thereof, may, upon surrender of such bond at the principal corporate trust office of the Paying Agent/Registrar, together with a written request therefor duly executed by the registered owner or the assignee or assignees thereof, or its or their duly authorized attorneys or representatives, with guarantee of signatures satisfactory to the Paying Agent/Registrar, at the option of the registered owner or such assignee or assignees, as appropriate, be exchanged for fully registered bonds, without interest coupons, in the form prescribed in the Form of Bond set forth in this 1992A Ordinance, in the denomination of $5,000, or any integral multiple of $5,000 (subject to the requirement hereinafter stated that each substitute bond shall have a single stated maturity date), as requested in writing by such registered owner or such assignee or assignees, in an aggregate principal amount equal to the unpaid or unredeemed principal balance or principal amount of any Series 1992A Bond or Bonds so surrendered, and payable to the appropriate registered owner, assignee or assignees, as the case may be. If a portion of any Series 1992A Bond shall be redeemed prior to its scheduled maturity as provided herein, a substitute bond or bonds having the same maturity date, bearing interest at the same rate, in the denomination or denominations of any integral multiple of $5,000 at the request of the registered owner, and in an aggregate principal amount equal to the unredeemed portion thereof, will be issued to the registered owner upon surrender thereof for cancellation. If any Series 1992A Bond or portion thereof is assigned and transferred, each bond issued in exchange therefor shall have the same principal maturity date and bear interest at the same rate as the bond for which it is being exchanged. Each substitute bond shall bear a letter and/or number to distinguish it from each other bond. The Paying Agent/Registrar shall exchange or replace Series 1992A Bonds as provided herein, and each fully registered bond or bonds delivered in exchange for or replacement of any Series 1992A Bond or portion thereof as permitted or required by any provision of this 1992A Ordinance shall constitute one of the Series 1992A Bonds for all purposes of this 1992A Ordinance, and may again be exchanged or replaced. It is specifically provided, however, that any Series 1992A Bond delivered in exchange for or replacement of another Series 1992A Bond prior to the first scheduled interest payment date on the Series 1992A Bonds (as stated on the face thereof) shall be dated February 5, 1992, but each substitute bond so delivered on or after such first scheduled interest payment date shall be Minutes of City Council Q-3 Page 355 TUESDAY, NOVEMBER 13, 1990 dated as of the interest payment date preceding the date on which such Ordinance No. substitute bond is delivered, unless such substitute bond is delivered on an 10721 interest payment date, in which case it shall be dated as of such date of delivery; provided, however, that if at the time of delivery of any substitute bond the interest on the bond for which it is being exchanged has not been paid, then such substitute bond shall be dated as of the date to which such interest has been paid in full. On each substitute bond issued in exchange for or replacement of any Series 1992A Bond or Bonds issued under this 1992A Ordinance there shall be printed thereon a Paying Agent/Registrar's Authentication Certificate, in the form hereinafter set forth. An authorized representative of the Paying Agent/Registrar shall, before the delivery of any such substitute bond, date such substitute bond in the manner set forth above, and manually sign and date such Certificate, and no such substitute bond shall be deemed to be issued or outstanding unless such Certificate is so executed. The Paying Agent/Registrar promptly shall cancel all Series 1992A Bonds surrendered for exchange or replacement. No additional ordinances, orders or resolutions need be passed or adopted by the City Council or any other body or person so as to accomplish the foregoing exchange or replacement of any Series 1992A Bond or portion thereof, and the Paying Agent/Registrar shall provide for the printing, execution and delivery of the substitute bonds in the manner prescribed herein. Pursuant to Article 717k-6, V.A.T.C.S., and particularly Section 6 thereof, the duty of exchange or replacement of any Series 1992A Bonds as aforesaid is hereby imposed upon the Paying Agent/Registrar, and, upon the execution of the above Paying Agent/Registrar's Authentication Certificate, the exchanged or replaced bond shall be valid, incontestable and enforceable in the same manner and with the same effect as the Series 1992A Bonds which originally were delivered pursuant to this 1992A Ordinance, approved by the Attorney General, and registered by the Comptroller of Public Accounts. Neither the City nor the Paying Agent/Registrar shall be required to transfer or exchange any Series 1992A Bond selected for redemption when such redemption is scheduled to occur within 45 calendar days; provided, however, such limitation shall not apply to an exchange by the holder of an unredeemed balance of a Series 1992A Bond called for redemption in part. E. All Series 1992A Bonds issued in exchange or replacement of any other Series 1992A Bond or portion thereof, (i) shall be issued in fully registered form, without interest coupons, with the principal of and interest on such Series 1992A Bonds to be payable only to the registered owners thereof, (ii) may be redeemed prior to their scheduled maturities, (iii) may be transferred and assigned, (iv) may be exchanged for other Series 1992A Bonds, (v) shall have the characteristics, (vi) shall be signed and sealed, and (vii) the principal of and interest on the Series 1992A Bonds shall be payable, all as provided, and in the manner required or indicated, in the Form of Bond set forth in this 1992A Ordinance. If any of the officers who shall have signed or sealed any of the Series 1992A Bonds or whose facsimile signature shall be upon the Series 1992A Bonds shall cease to be such officer of the Cities before the Series 1992A Bond so signed and sealed shall have been authenticated by the Paying Agent/Registrar or delivered, such Series 1992A Bonds nevertheless may be authenticated, issued and delivered with the same force and effect as the person or persons who signed or sealed such Series 1992A Bonds or whose facsimile signature shall be upon the Series 1992A Bonds had not ceased to be such officer of the Cities; and any such Series 1992A Bond may be signed and sealed on behalf of the Cities by those persons who, at the actual date of the execution of such Series 1992A Bonds, shall be the proper officers of the Cities, although at the date of such Series 1992A Bond any such persons shall not have been such officer of the Cities. F. The Cities, acting by and through the Board, shall pay the Paying Agent/Registrar's reasonable and customary fees and charges for making transfers and exchanges of Series 1992A Bonds, but the registered owner of any Series 1992A Bond requesting such transfer or exchange shall pay any taxes or other governmental charges required to be paid with respect thereto. In addition, the Cities hereby covenant with the registered owners of the Series 1992A Bonds that they will (i) pay the reasonable and standard or customary fees and charges of the Paying Agent/Registrar for its services with respect to the payment the principal of and interest on the Series 1992A Bonds, when due, and (ii) pay the fees and charges of the Paying Agent/Registrar for services with respect to the transfer, exchange or registration of Series 1992A Bonds solely to the extent above provided. G. The Cities covenant with the registered owners of the Series 1992A Bonds that at all times while the Series 1992A Bonds are outstanding the Cities will provide a competent and legally qualified bank, trust company, financial institution or other agency to act as and perform the services of Paying Agent/Registrar for the Series 1992A Bonds under this 1992A Ordinance, and that the Paying Agent/Registrar will be one entity. The Cities reserve the right to, and may after February 5, 1992, at its option, change the Paying Agent/Registrar upon not less than 60 days written notice to the Minutes of City Council Q-3 Page 356 357 TUESDAY, NOVEMBER 13, 1990 Ordinance No. Paying Agent/Registrar. In the event that the entity at any time acting as 10721 Paying Agent/Registrar (or its successor by merger, acquisition, or other method) should resign or otherwise cease to act as such, the Cities covenant that they promptly will appoint a competent and legally qualified national or state banking institution which shall be a corporation organized and doing business under the laws of the United States of America or of any state, authorized under such laws to exercise trust powers, subject to supervision or examination by federal or state authority, and whose qualifications substantially are similar to the previous Paying Agent/Registrar to act as Paying Agent/Registrar under this 1992A Ordinance. Upon any change in the Paying Agent/Registrar, the previous Paying Agent/Registrar promptly shall transfer and deliver the Registration Books (or a copy thereof), along with all other pertinent books and records relating to the Series 1992A Bonds, to the new Paying Agent/Registrar designated and appointed by the Cities. Upon any change in the Paying Agent/Registrar, the Cities promptly will cause a written notice thereof to be sent by the new Paying Agent/Registrar•to each registered owner of the Series 1992A Bonds, by United States Mail, postage prepaid, which notice also shall give the address of the new Paying Agent/Registrar. By accepting the position and performing as such, each Paying Agent/Registrar shall be deemed to have agreed to the provisions of this 1992A Ordinance, and a certified copy of this 1992A Ordinance shall be delivered to each Paying Agent/Registrar. H. The Series 1992A Bonds herein authorized shall be issued initially as one fully registered bond (the "Initial Bond") in the principal amount of $116,280,000 with principal installments to become due and payable as provided in Section 3.2 hereof, bearing interest as described in Section 3.3 hereof, and numbered T-1, and registered in the name of The First Boston Corporation. The Initial Bond shall be (i) submitted to the Office of the Attorney General of the State of Texas. The Paying Agent/Registrar, upon the conditions of the Paying Agent/Registrar agreement being met, shall cancel the Initial Bond delivered hereunder and exchange therefore Series 1992A Bonds of authorized denominations, stated maturities, principal amounts, and bearing applicable interest rates for transfer and delivery to the registered owners named and at the addresses identified therefor pursuant to the "Owners List" to be supplied to the Paying Agent/Registrar pursuant to the Escrow and Forward Purchase Agreement. Section 3.5. Prior Redemption. A. The Series 1992A Bonds shall be redeemable at the Cities from any available moneys other than moneys on deposit and Sinking Fund, hereinafter described, on May 1, 2004, thereafter, at the respective Redemption Prices (expressed as the principal amount) set forth below, together with accrued redemption date: Period during which redeemed Redemption (both dates inclusive) Price (%) May 1, 2004 -October 31, 2004 102 % November 1, 2004 -April 30, 2005 101.5 May 1, 2005 -October 31, 2005 101 November 1, 2005 -April 30, 2006 100.5 May 1, 2006 and thereafter 100 election of the in the Interest or on any date percentages of interest to the If the Cities shall elect to optionally redeem less than all of the outstanding Series 1982A Bonds of a maturity, the selection of Series 1992A Bonds for optional redemption within a maturity shall be done by the Paying Agent/Registrar by lot or another random method of selection as determined by the Paying Agent/Registrar. B. The Series 1992A Bonds maturing November 1, 1998 shall be redeemed prior to stated maturity in part by lot or another random method of selection as determined by the Paying Agent/Registrar on November 1, 1997 from moneys required by Section 6.3C of this 1992A Ordinance to be deposited to the credit of the Interest and Sinking Fund at the principal amount thereof and accrued interest to date of redemption, without premium. C. At least thirty (30) days before the date fixed for any such redemption, the Board, acting on behalf of the Cities, shall cause a written notice of such redemption to be given to the registered owner of each Series 1992A Bond or a portion thereof being called for redemption by depositing such notice in the United States Mail, postage prepaid, addressed to each such owner at the address appearing on the Registration Books maintained by the Paying Agent/Registrar. With respect to any registered owner of $10,000,000 or more of bonds of this series, such notice shall be sent by Certified Mail with Return Receipt. By the date fixed for any such redemption, due provision shall be made with the Paying Agent/Registrar for Minutes of City Council Q-3 Page 357 353 TUESDAY, NOVEMBER 13, 1990 Ordinance No. the payment of the principal amount of the Series 1992A Bonds to be so 10721 cont. redeemed, plus any applicable premium thereon, and accrued interest thereon to the date fixed for redemption. If such written notice of redemption is given, and if due provision for payment is made, all as provided above, the Series 1992A Bonds, or the portions thereof which are to be so redeemed, thereby automatically shall be redeemed prior to maturity, and they shall not bear interest after the date fixed for redemption, and shall not be regarded as being outstanding except for the purpose of receiving the funds so provided for such payment. The Paying Agent/Registrar shall record in the Registration Books all such redemptions of principal of the Series 1992A Bonds or any portion thereof. If a portion of any Series 1992A Bond shall be redeemed a substitute Series 1992A Bond or Series 1992A Bonds having the same maturity date, bearing interest at the same rate, in any denomination or denominations in any integral multiple of $5,000, at the written request of the registered owner, and in an aggregate principal amount equal to the unredeemed portion thereof, will be issued to the registered owner upon the surrender thereof for cancellation, at the expense of the Cities, all as provided in this 1992A Ordinance. D. The redemption notice required by Section 3.5C shall include the complete official name of the Series 1992A Bonds including the series designation, the CUSIP numbers, interest rates, maturity dates and amount of principal per maturity date to be redeemed and the applicable redemption price of prices on a specified redemption date. Such notice shall also contain the name, address and phone number of a contact person at the Paying Agent/Registrar to whom inquiries can be addressed. E. The Paying Agent/Registrar shall cause to be forwarded by United States Mail to Moody's Investors Service, Inc., Standard & Poor's Corporation, The Bond Buyer and any registered bond depository holding any of the Bonds, at their respective last known addresses, a copy of the text of the notice referred to in Section 3.5D. The copy of the notice sent to each registered bond depository shall be sent by tested telex, facsimile, express mail or other express delivery service so that such registered bond depository will receive the copy of such notices at least two days prior to the date such notice is received by other registered owners. The failure of the Paying Agent/Registrar to mail or cause to be mailed or transmit or cause to be transmitted a copy of any such notice to any or all said firms shall not invalidate any such redemption. F. The Paying Agent/Registrar shall send to each registered owner indicated on its records as having failed to present such redeemed Series 1992A Bonds as of sixty days after the redemption date another copy of such redemption notice by the same method as the original notice pursuant to Section 3.5C; provided, however, that failure to send such additional notice shall not invalidate any such redemption. G. The Board, acting on behalf of the Cities, shall at least forty-five (45) days before the date fixed for any such redemption conduct the selection of the Series 1992A Bonds or portions thereof to be redeemed so that restrictions can be imposed by the Paying Agent/Registrar with respect to transfers and exchanges as provided in Section 3.4D. hereof. Section 3.6. Forms. The form of all Series 1992A Bonds, including the form of the Paying Agent/Registrar's Certificate, the Form of Assignment, and the form of the Registration Certificate of the Comptroller of Public Accounts of the State of Texas to accompany the Series 1992A Bonds on the initial delivery thereof, and shall be, respectively, substantially as follows, with such necessary and appropriate variations, omissions and insertions as permitted or required by this 1992A Ordinance, to -wit: (FORM OF BOND) UNITED STATES OF AMERICA STATE OF TEXAS COUNTIES OF DALLAS AND TARRANT DALLAS -FORT WORTH REGIONAL AIRPORT .JOINT REVENUE REFUNDING BOND Series 1992A Dated: November 1, 1990 MATURITY DATE INTEREST RATE ORIGINAL ISSUE DATE CUSIP Registered Owner: Principal Amount: Minutes of City Council Q-3 Page 358 359 TUESDAY, NOVEMBER 13, 1990 Ordinance No. On the Maturity Date specified above, the Cities of Dallas and Fort Worth 10721 cont. (herein collectively called the "Cities") municipal corporations duly incorporated under the laws of the State of Texas, for value received, hereby jointly promise to pay to the Registered Owner shown above, or to the registered assignee hereof (either being hereinafter called the "registered owner") solely from the revenues and funds described herein, the principal amount shown above and to pay interest thereon, from the Original Issue Date specified above, to the date of its scheduled maturity or the date of its redemption prior to scheduled maturity, at the rate of interest per annum specified above, with said interest being payable on May 1, 1992, and semiannually on each November 1 and May 1 thereafter, except that if the Paying Agent/Registrar's Authentication Certificate appearing on the face of this bond is dated later than May 1, 1992, such interest is payable semiannually on each May 1 and November 1 following such date. The terms and provisions of this bond are continued on the reverse side hereof and shall for all purposes have the same effect as though fully set forth at this place. * The principal of and interest on this bond are payable in lawful money of the United States of America, without exchange or collection charges. The principal of this bond shall be paid to the registered owner hereof upon presentation and surrender of this bond at maturity or upon the date fixed for its redemption prior to maturity, at the trust office of NCNB Texas National Bank, in Dallas, Texas, which is the initial "Paying Agent/Registrar" for this bond. The payment of interest on this bond shall be made by the Paying Agent/Registrar to the registered owner hereof as shown by the Registration Books kept by the Paying Agent/Registrar at the close of business on the "Record Date," which is the 15th day of the month next preceding such interest payment date by check drawn by the Paying Agent/Registrar on, and payable solely from, funds of the Cities required to be on deposit with the Paying Agent/Registrar for such purpose as hereinafter provided; and such check shall be sent by the Paying Agent/Registrar by United States mail, postage prepaid, on each such interest payment date, to the registered owner hereof at its address as it appears on the Registration Books kept by the Paying Agent/Registrar, as hereinafter described or, in lieu of payment by check, by such other method, separately agreed to in writing by the Paying Agent/Registrar and the holder hereof with the risk and expense thereof to be borne solely by the holder. In the event of a non-payment of interest on one or more maturities on a scheduled payment date, and for 30 days thereafter, a new Record Date for such interest payment for such maturity or maturities (a "Special Record Date") will be established by the Paying Agent/Registrar, if and when funds for the payment of such interest have been received. Notice of the Special Record Date and of the scheduled payment date of the past due interest (the "Special Payment Date" which shall be 15 days after the Special Record Date) shall be sent at least five business days prior to the Special Record Date by United States mail, first class, postage prepaid, to the address of each holder of a bond of such maturity or maturities appearing on the books of the Paying Agent/Registrar at the close of business on the last business day next preceding the date of mailing of such notice. The Cities covenant with the registered owner of this bond that no later than each principal payment date and interest payment date for this bond they will make available to the Paying Agent/Registrar, solely from the revenues and funds described herein, the amounts required to provide for the payment, in immediately available funds, of all principal of and interest on the bonds, when due. * If the date for the payment of the principal of or interest on this bond shall be a Saturday, Sunday, a legal holiday or a day on which banking institutions in the city where the Paying Agent/Registrar is located are authorized by law or executive order to close, then the date for such payment shall be the next succeeding day which is not such a Saturday, Sunday, legal holiday or a day on which banking institutions are authorized to close; and payment on such date shall have the same force and effect as if made on the original date payment was due. * The bonds of this series shall be redeemable at the election of the Cities from any available moneys, other than moneys on deposit in the Interest and Sinking Fund, hereinafter described, on May 1, 2004 or on date thereafter, at the respective Redemption Prices (expressed as percentages of the principal amount) set forth below, together with accrued interest to the redemption date: Period during which redeemed Redemption (both dates inclusive) Price % May 1, 2004 - October 31, 2004 102 % November 1, 2004 - April, 30 2005 101.5 May 1, 2005 - October 31, 2005 101 November 1, 2005 - April, 30 2006 100.5 May 1, 2006 and thereafter 100 Minutes of City Council Q-3 Page 359 3GO; TUESDAY, NOVEMBER 13, 1990 Ordinance No. * If the Cities shall elect to optionally redeem less than all of the 10721 cont. outstanding Series 1992A Bonds of a maturity, the selection of Series 1992A Bonds for optional redemption within a maturity shall be done by the Paying Agent/Registrar by lot or another random method of selection as determined by the Paying Agent/Registrar. * The bonds maturing November 1, 1998 shall be redeemed prior to stated maturity in part by lot on November 1, 1997, from moneys required to be deposited to the credit of the Interest and Sinking Fund at the principal amount thereof and accrued interest to date of redemption, without premium. * At least thirty (30) days before the date fixed for any such redemption, the Dallas -Fort Worth International Airport Board (the "Board"), acting on behalf of the Cities, shall cause a written notice of such redemption to be given to the registered owner of each Bond or a portion thereof being called for redemption by depositing such notice in the United States mail, postage prepaid, addressed to each such registered owner at the address appearing on the Registration Books maintained by the Paying Agent/Registrar.. With respect to any registered owner of $10,000,000 or more of bonds of this series, such notice shall be sent by Certified Mail, with a Return Receipt. By the date fixed for any such redemption, due provision shall be made with the Paying Agent/Registrar for the payment of the principal amount of the bonds to be so redeemed, the premium, if any, and accrued interest thereon to the date fixed for redemption. If such written notice of redemption is given, and if due provision for payment is made, all as provided above, the bonds, which are to be so redeemed, thereby automatically shall be redeemed prior to maturity, and they shall not bear interest after the date fixed for redemption, and they shall not be regarded as being outstanding except for the purpose of receiving the funds so provided for such payment. The Paying Agent/Registrar shall record in the Registration Books all such redemptions of principal of this bond or any portion hereof. If a portion of any bond shall be redeemed a substitute bond or bonds having the same maturity date, bearing interest at the same rate, in any denomination or denominations in any integral multiple of $5,000, at the written request of the registered owner, and in aggregate principal amount equal to the unredeemed portion thereof, will be issued to the registered owner upon the surrender thereof for cancellation, at the expense of the Cities. * The bonds of this series are issued under and pursuant to the laws of the State of Texas and an ordinance passed concurrently on November 11 and November 12, 1968, respectively, by the City Councils of the Cities of Dallas and Fort Worth entitled "1968 Regional Airport Concurrent Bond Ordinance" (the "1968 Ordinance") and, together with any other "Bonds" (as defined in the 1968 Ordinance) heretofore or hereafter issued in accordance with the 1968 Ordinance are equally and ratably secured by the revenues herein described. * This bond is one of a duly authorized series of bonds of like tenor and effect, except as to number, principal amount, interest rate, maturity and right of prior redemption, aggregating not to exceed $116,280,000, issued by the Cities for the purpose of refunding certain of the Bonds previously issued and outstanding pursuant to the Eighteenth Supplemental Regional Airport Concurrent Bond Ordinance (the "Eighteenth Supplemental Ordinance") adopted by the City Councils of said Cities supplemental to the 1968 Ordinance. For the purpose of providing for and securing the payment of the Bonds including this series of bonds, the Cities have jointly pledged their respective interests in the "Pledged Revenues" to be derived from the ownership and operation of the Dallas -Fort Worth International Airport. Such Pledged Revenues will be on deposit from time to time in various funds created by the 1968 Ordinance and Ordinances supplemental thereto. Pledged Revenues are defined in the 1968 Ordinance to be the "Gross Revenues" of said Airport less the amount required to pay the Senior Lien Bonds which matured and were paid on October 1, 1990. Reference is made to the 1968 Ordinance, as supplemented, and the ordinance authorizing this series of bonds for the definition of Gross Revenues and for a description of the revenues and funds charged with and pledged to the payment of the interest on and principal of the Bonds and the series of bonds of which this bond is one, the nature and extent of the security thereof, a statement of the rights, duties and obligations of each of the Cities, respectively, the rights and remedies of bondholders in the event of default thereunder, and the rights and priorities of the holders of said bonds, to all the provisions of which the holder hereof by the acceptance of this bond assents and agrees. * As provided in the 1968 Ordinance, the obligations of the Cities to pay money hereon out of Pledged Revenues are joint, and not several, and except as otherwise provided therein no claim, demand, suit or judgment shall ever be asserted, entered or collected against or from one City without the other and no individual liability shall ever exceed in the case of Dallas 7/11ths of the total amount thereof, and in the case of Fort Worth 4/11ths of the total amount thereof, and, except as otherwise provided in the 1968 Minutes of City Council Q-3 Page 360 TUESDAY, NOVEMBER 13, 1990 Ordinance, such sums shall be payable and collectable solely from,the funds Ordinance No. 10721 cont. in which Pledged Revenues shall from time to time be on deposit. * The 1968 Ordinance, as supplemented, provides that, to the extent therein stated, the Board, acting on behalf of the Cities, shall fix and shall from time to time revise the rate of compensation for use of and for services rendered by or at the Dallas -Fort Worth International Airport which will be fully sufficient to produce Pledged Revenues adequate to pay the operation and maintenance expenses thereof plus 1.25 times the amounts required to be deposited to the credit of the Interest and Sinking Fund (established by the 1968 Ordinance) for the payment of the principal of and interest on the parity Bonds from time to time outstanding thereunder as the same shall become due and payable and to timely purchase or redeem such Bonds prior to maturity as required therein. It is further provided in said Ordinance that to the extent Pledged Revenues are not adequate for said purposes and for the additional purpose of properly and adequately maintaining and operating said Airport, the Cities pledge and obligate themselves to levy and collect the ad valorem tax defined therein as the "Maintenance Tax," and to devote the proceeds thereof to the purpose of operating and maintaining said Airport in lieu of using revenues for said purpose, subject at all times to the limits of said tax provided by law and in said Ordinance. As further provided in said Ordinance, the obligations of the Cities to levy and collect such tax are several, and not joint, and no action, claim, suit or demand shall be made against one City for the default of the other, each City's respective obligation being limited to the collection of its proportionate amount required from said tax for such purposes, all as specified in said Ordinance. * The registered owner hereof shall never have the right to demand payment of this obligation out of any funds raised or to be raised by taxation. * All bonds of this series are issuable solely as fully registered bonds, without interest coupons, in the denomination of any integral multiple of $5,000. As provided in the Eighteenth Supplemental Ordinance, this bond, or any unredeemed portion hereof, may, at the request of the registered owner or the assignee or assignees hereof, be assigned, transferred and exchanged for a like aggregate principal amount of fully registered bonds, without interest coupons, payable to the appropriate registered owner, assignee or assignees, as the case may be, having the same maturity date, and bearing interest at the same rate, in any denomination or denominations in any integral multiple of $5,000 as requested in writing by the appropriate registered owner, assignee or assignees, as the case may be, upon surrender of this bond to the Paying Agent/Registrar for cancellation, all in accordance with the form and procedures set forth in the Ordinance. Among other requirements for such assignment and transfer, this bond must be presented and surrendered to the Paying Agent/Registrar, together with proper instruments of assignment, in form and with guarantee of signatures satisfactory to the Paying Agent/Registrar, evidencing assignment of this bond or any portion or portions hereof in any integral multiple of $5,000 to the assignee or assignees in whose name or names this bond or any such portion or portions hereof is or are to be transferred and registered. The form of assignment printed or endorsed on this bond may be executed by the registered owner to evidence the assignment hereof, but such method is not exclusive, and other instruments of assignment satisfactory to the Paying Agent/Registrar may be used to evidence the assignment of this bond or any portion or portions hereof from time to time by the registered owner. In the case of an assignment, transfer or exchange of a bond or bonds or any portion or portions thereof, the fees and charges of the Paying Agent/Registrar will be paid by the Cities, but any taxes or governmental charges required to be paid with respect thereto shall be paid by the one requesting such assignment, transfer or exchange as a condition precedent to the exercise of such privilege. In any circumstance, neither the Cities nor the Paying Agent/Registrar shall be required to transfer or exchange any bonds selected for redemption when such redemption is scheduled to occur within 45 calendar days; provided, however, such limitation shall not apply to an exchange by the holder of an unredeemed balance of a bond called for redemption in part. * In the event any Paying Agent/Registrar for the bonds is changed by the Cities, resigns or otherwise ceases to act as such, the Cities have covenanted in the Eighteenth Supplemental Ordinance that they promptly will appoint a competent and legally qualified substitute therefor, whose qualifications substantially are similar to the previous Paying Agent/Registrar it is replacing, and promptly will cause written notice thereof to be mailed to the registered owners of the bonds. * By becoming the registered owner of this bond, the registered owner thereby acknowledges all of the terms and provisions of the 1968 Ordinance, as supplemented, agrees to be bound by such terms and provisions, acknowledges that said Ordinance is duly recorded and available for inspection in the official minutes and records of the Cities, and agrees that the terms and provisions of this bond and said Ordinance constitute a contract between each registered owner hereof and the Cities. Minutes of City Council Q-3 Page 361 362 TUESDAY, NOVEMBER 13, 1990 Ordinance No. It is hereby certified 10721 the Constitution and laws of be performed precedent to which it is one have been required. and recited that all acts and things required by the State of Texas to be done, to exist and to and in the issuance of this bond and the series of done, do exist and have been performed as so IN WITNESS WHEREOF, the City Council of the City of Dallas, Texas, has caused the facsimile seal of that City to be placed hereon and this bond to be signed by the facsimile signature of its Mayor and countersigned by the facsimile signatures of its Director of Finance and City Secretary; and the City Counsel of the City of Fort Worth, Texas, has caused the facsimile seal of that City to be placed hereon and this bond to be signed by the facsimile signature of its Mayor, countersigned by the facsimile signature of its City Secretary, and approved as to form and legality by its City Attorney. COUNTERSIGNED: Director of Finance, City of Dallas, Texas City Secretary, City of Dallas, Texas COUNTERSIGNED: City Secretary, City of Fort Worth, Texas APPROVED AS TO FORM AND LEGALITY: City Attorney, City of Fort Worth, Texas Mayor, City of Dallas, Texas Mayor, City of Fort Worth, Texas FORM OF PAYING AGENT/REGISTRAR'S AUTHENTICATION CERTIFICATE PAYING AGENT/REGISTRAR'S AUTHENTICATION CERTIFICATE It is hereby certified that this bond has been issued under the provisions of said Ordinance described on the face of this bond; and that this bond has been issued in exchange for or replacement of a bond, bonds, or a portion of a bond or bonds of an issue which originally was approved by the Attorney General of the State of Texas and registered by the Comptroller of Public Accounts of the State of Texas. Dated Paying Agent/Registrar By Authorized Signature FORM OF ASSIGNMENT: ASSIGNMENT FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto Please insert Social Security or Taxpayer Identification Number of Transferee Minutes of City Council Q-3 Page 362 363. . TUESDAY, NOVEMBER 13, 1990 Ordinance No. (Please print or type name and address, including zip code of Transferee) 10721 cont. 11 the within Bond and all rights thereunder, and hereby irrevocably constitutes and appoints attorney to register the transfer of the within Bond on the books kept for registration there of with full power of substitution in the premises. Dated: Signature Guaranteed: NOTICE: Signature(s) must be guaranteed by a member firm of the New York Stock Owner Exchange or a commercial bank or trust Bond company. NOTICE: The signature above must with the name of the Registered it appears upon the front of this in every particular, without alteration or enlargement or any change whatsoever. ** (FORM OF COMPTROLLER'S CERTIFICATE ATTACHED TO THE BONDS UPON INITIAL DELIVERY THEREOF) OFFICE OF COMPTROLLER STATE OF TEXAS REGISTER NO. I hereby certify that there is on file and of record in my office a certificate of the Attorney General of the State of Texas to the effect that this Bond has been examined by him as required by law, and that he finds that it has been issued in conformity with the Constitution and laws of the State of Texas, and that it is a valid and binding special obligation of the Cities of Dallas and Fort Worth, Texas, payable in the manner provided by and in the ordinance authorizing same, and said Bond has this day been registered by me. WITNESS MY HAND and seal of office at Austin, Texas (Seal) Comptroller of Public Accounts of the State of Texas FORM OF INITIAL BOND The Initial Bond shall be in the form set forth above, except that there will be no Paying Agent/Registrar Certificate and the form of the single fully registered Initial Bond shall be modified as follows: (i)Immediately after the name of the Bond the headings "INTEREST RATE " and "MATURITY DATE " shall be both completed with the words "as shown below" and the headings "Original Issue Date", "Cusip" and "Principal Amount" shall not appear thereon. (ii)Paragraph one shall read as follows: On the Maturity Dates specified below, the Cities of Dallas and Fort Worth (herein collectively called the "Cities") municipal corporations duly incorporated under the laws of the State of Texas, for value received, hereby jointly promises to pay to the Registered Owner shown above, or to the registered assignee hereof (either being hereinafter called the "registered owner") solely from the revenues and the funds described herein, the principal amount as shown below and to pay interest thereon at the interest rates shown below, from February 5, 1992, to the dates of scheduled maturity or the date of its redemption prior to scheduled maturity, with said interest being payable on May 1, 1992, and semiannually on each November 1 and May 1 thereafter. MATURITY PRINCIPAL INTEREST DATE AMOUNT RATE (Information to be inserted from schedules in Sections 3.2 and 3.3). Minutes of City Council Q-3 Page 363 364 Ordinance No. 10721 cont. TUESDAY, NOVEMBER 13, 1990 * to be on reverse of bond ** not to be on bond ARTICLE IV EXECUTION, APPROVAL, REGISTRATION, SALE AND DELIVERY OF Series 1992A BONDS Section 4.1. Method of Execution. Each of the Series 1992A Bonds shall be signed and executed on behalf of the City of Dallas by the manual or facsimile signature of its Mayor and countersigned by the manual or facsimile signatures of its Director of Finance and City Secretary, and the corporate seal of that City shall be impressed or printed or lithographed on each bond. Each of the Series 1992A Bonds shall be signed and executed on behalf of the City of Fort Worth by the manual or facsimile signature of its Mayor and countersigned by the manual or facsimile signature of its City Secretary; the same shall be approved as to form and legality by the manual or facsimile signature of the City Attorney of the City, and its corporate seal shall be impressed or printed or lithographed upon each bond. All manual or facsimile signatures placed upon the Series 1992A Bonds shall have the same effect as if manually placed thereon, all as provided in Article 717j-1, V.A.T.C.S., as amended. Section 4.2. Approval and Registration. The Board is hereby authorized to have control and custody of the Series 1992A Bonds and all necessary records and proceedings pertaining thereto pending their delivery, and the Chairman and officers and employees of the Board and of the Cities are hereby authorized and instructed to make such certifications and to execute such instruments as may be necessary to accomplish the delivery of said bonds to the Attorney General of the State of Texas and to assure the investigation, examination and approval thereof by the Attorney General of the State of Texas and their registration by the Comptroller of Public Accounts. Upon registration of the Series 1992A Bonds, the Comptroller of Public Accounts (or a deputy designated in writing to act for him) shall manually sign the Comptroller's Registration Certificate accompanying the Series 1992A Bonds, and the seal of the Comptroller shall be impressed, or placed in facsimile, on each such certificate. The Chairman of the Board and the Executive Director of the Airport shall be further authorized to make provisions for holding the initial Series 1992A Bonds with the Paying Agent/Registrar pending their delivery and to make such agreements and arrangements with the purchasers of said bonds and with the Paying Agent/Registrar as may be necessary to assure that the same will be delivered to such purchasers in accordance with the terms of sale and the Escrow and Forward Purchase Agreement referred to in Section 4.3 hereof. Section 4.3. The Sale of the Bonds. The Series 1992A Bonds are hereby sold pursuant to a forward purchase arrangement in accordance with law and the terms and conditions of an Escrow and Forward Purchase Agreement, the execution and delivery of which is being separately authorized by an ordinance adopted concurrently herewith, at the price specified therein plus accrued interest, if any. The initial Series 1992A Bonds shall be registered in the name of The First Boston Corporation. The Board is hereby authorized to take such action as may be necessary to qualify the Series 1992A Bonds for exemption from the blue sky laws of the State of New York. ARTICLE V DISPOSITION OF BOND PROCEEDS Section 5.1. Disposition of Bond Proceeds. The proceeds from the sale of the Series 1992A Bonds, together with available funds herein provided, shall be applied on February 5, 1992 as follows: To NCNB Texas National Bank, as paying agent for the Refunded Bonds and as Escrow Agent under the Dallas -Fort Worth International Airport Series 1992A Special Escrow Fund created and established with said bank in accordance with the terms of the Dallas -Fort Worth International Airport Series 1992A Escrow Agreement dated as of November 1, 1990 (i) an amount from the Interest and Sinking Fund representing amounts on deposit therein equal to the interest accruing from November 1, 1991 to May 1, 1992 on the amount of the Refunded Bonds determined to be refundable from the proceeds received; (ii) the proceeds received as a result of the initial delivery of the Series 1992A Bonds, other than liquidated damages and the cost of the municipal bond insurance policy to be issued by Financial Guaranty Insurance Company, which amounts will be sufficient to provide for the payment of all or a portion of principal of, and premium, due on the Refunded Bonds on May 1, 1992; and (iii) from the Operating Revenue and Expense Fund an amount representing the Paying Agent charges on the Refunded Bonds determined to be refundable. The cost of the municipal bond insurance policy received as proceeds from the Minutes of City Council Q-3 Page 364 365 TUESDAY, NOVEMBER 13, 1990 Ordinance No. initial delivery of the Series 1992A Bonds shall be received by NCNB Texas 10721 cont. National Bank as paying agent and immediately by wire transferred to Financial Guaranty Insurance Company upon prior receipt of such policy delivered in escrow to the Paying Agent/Registrar. In the event sufficient proceeds are not received to meet the required deposit of (ii) above and the full price of the policy of bond insurance as a result of failures to purchase Series 1992A Bonds on February 5, 1992, the amount of liquidated damages received shall be used to the extent necessary to fund such insurance premium and any refund under the Commitment for Insurance shall be deposited to the separate account for liquidated damages hereinafter established. Liquidated damages shall be deposited to a separate account within the Interest and Sinking Fund hereby created and designated the "1992A Liquidated Damages Account" which shall be applied as the direction of the Executive Director solely to the retirement of the principal of Bonds. ARTICLE VI ADOPTION OF PROVISIONS OF CERTAIN ORDINANCES, PLEDGE, INTEREST AND SINKING FUND Section 6.1. Adoption. The Series 1992A Bonds authorized hereby are parity "Refunding Bonds" as the term is defined herein and as permitted to be issued in the 1968 Ordinance, and in addition to the definitions set forth in Article II of the 1968 Ordinance here tofore adopted, for purposes of this 1992A Ordinance, Section 2.2 of Article II and Articles V through XI, both inclusive, of the 1968 Ordinance, Sections 7.2 and 7.3 of the 1970 Ordinance, Sections 7.2 and 7.4 of the 1976 Ordinance and Sections 6.4 and 7.2 of the 1977 Ordinance are hereby adopted by reference and shall be applicable to the Series 1992A Bonds for all purposes, except to the extent hereinafter specifically modified or supplemented. Section 6.2. Pledge. The principal of and the interest on the Series 1992A Bonds and the Outstanding Bonds are and shall be secured by and payable from a first lien on and pledge of the Pledged Revenues and the funds in which they shall from time to time be on deposit. Such revenues are hereby irrevocably pledged to the payment of the Outstanding Bonds, the Series 1992A Bonds and any other Bonds hereafter issued in accordance with the terms of the 1968 Ordinance. Section 6.3. Interest and Sinking Fund. In addition to all other amounts required by the 1972 Ordinance, the 1976 Ordinance, the 1977 Ordinance, the 1978 Ordinance, the 1982A Ordinance, the 1984 Ordinance, the 1984A Ordinance, the 1985 Ordinance, the 1992 Ordinance and the 1994 Ordinance, so long as any of the Series 1992A Bonds remain outstanding and unpaid the Board shall transfer on or before the 1st day of each month, from the Operating Revenue and Expense Fund (except for the amount of the accrued interest, if any, received from the purchasers of the Series 1992A Bonds) to the Interest and Sinking Fund, after taking into account unexpended investment earnings on deposit in the Interest and Sinking Fund: A. beginning on March 1, 1992, in equal monthly installments an amount necessary to provide 1/2 of the amount of interest to become due on the Series 1992A Bonds on May 1, 1992, and thereafter in equal monthly installments an amount necessary to provide 1/6th of the amount of interest to become due on the Series 1992A Bonds on November 1, 1992 and on each succeeding interest payment date thereafter; B. beginning on October 1, 1992 for the Series 1992A Bonds maturing November 1, 1993 to November 1, 2012, both inclusive, an amount necessary to provide in twelve equal installments the amount of principal of the Series 1992A Bonds maturing on November 1 following each of the twelve month periods ending September 30, 1993, through September 30, 2012, except for the period beginning on October 1, 1996 through September 1, 1998 which is provided for in Section 6.3C hereof; and C. beginning on October 1, 1996 and on the first day of each month thereafter through September 1, 1998 for each twelve-month period ending September 30, one -twelfth of the amounts indicated, as follows: 1997 $625,000 1998 675,000 The sinking fund payments required by this sub -paragraph C may be used to purchase Series 1992A Bonds as permitted in Section 7.4 of the 1968 Ordinance, and to the extent not so used, shall be used to redeem prior to stated maturity by lot or to pay at final maturity, on November 1 in each of the years 1997 through 1998, both inclusive, the Series 1992A Bonds maturing on November 1, 1998, at the principal amount thereof and accrued interest to date of redemption or maturity without premium. Section 6.4. Transfers to Paying Agent/Registrar. The Director of Finance shall make transfers of funds on deposit in the Interest and Sinking Minutes of City Council Q-3 Page 365 TUESDAY, NOVEMBER 13, 1990 Fund for payment of the principal of and interest on the Series 1992A Bonds Ordinance No. to the Paying Agent/Registrar on the applicable due dates and redemption 10721 cont. dates in immediately available funds. ARTICLE VII MISCELLANEOUS COVENANTS AND PROVISIONS Section 7.1. Use of Bond Proceeds. A. The Cities covenant to and with the purchasers of the Series 1992A Bonds that they will make no use of the proceeds of such Bonds at any time throughout the term of such Bonds which, if such use had been reasonably expected on the date of delivery of such Bonds to and payment for such Bonds by the purchasers, would have caused such Bonds to be arbitrage bonds within the meaning of Section 148 of the Internal Revenue Code of 1986, as amended (the "Code"), or any regulations or rulings pertaining thereto; and by this covenant the Cities are obligated to comply with the requirements of the aforesaid Section 148 and all applicable and pertinent Department of the Treasury regulations relating to arbitrage bonds. The Cities further covenant that the proceeds of such Bonds will not otherwise be used directly or indirectly so as to cause all or any part of such Bonds to be or become arbitrage bonds within the meaning of the aforesaid Section 148, or any regulations or rulings pertaining thereto. The Cities further covenant to comply with the requirements of Sections 148(d) and 148(f) of the Code including restrictions on reserve fund investments and limitations on investments in nonpurpose obligations and the requirement of such Section that certain earnings on nonpurpose obligations be paid to the United States. B. The Cities covenant to and with the purchasers of the Series 1992A Bonds that they will make no use of the proceeds of such Bonds at any time throughout the term of such Bonds which would cause the interest to be paid on the Series 1992A Bonds to not be exempt from all present federal income taxes under existing statutes, regulations, published rulings and court decisions except possibly as provided by Section 147(a) of the Code, with respect to any Series 1992A Bond for any period during which such Bond is held by a person who is a substantial user of the facilities financed or refinanced with the proceeds of the Series 1992A Bonds, or by a "related person" as defined in the applicable provisions of the Code. C. The Cities covenant to and with the purchasers of the Series 1992A Bonds that the facilities financed or to be financed with the proceeds of the Refunded Bonds have or will have a remaining average reasonably expected economic life of at least 84 percent of the average maturity of the Series 1992A Bonds determined under Section 147(b) of the Code. Section 7.2. Covenant Not to Impair. The Cities covenant that the Dallas -Fort Worth Regional Airport Use Agreement, entered into between the Board and various airlines, as amended by the Second Amendment, dated as of October 1, 1981, the Passenger Service Special Facilities Agreement, dated as of April 1, 1972, and the Capital Improvement Trust Account Agreement dated as of April 1, 1972, as amended as of October 1, 1981, will not be amended, altered or rescinded in any manner so as to impair the rights or security of the holders of the Series 1992A Bonds. Section 7.3. Observance of Covenants. The Board, the officers, employees and agents are hereby directed to observe, comply with and carry out the terms and provisions of this 1992A Ordinance. Section 7.4. Damaged, Mutilated, Lost, Stolen or Destroyed Bonds. A. In the event any outstanding Series 1992A Bond is damaged, mutilated, lost, stolen or destroyed, the Paying Agent/Registrar shall cause to be printed, executed and delivered, a new bond of the same principal amount, maturity and interest rate, as the damaged, mutilated, lost, stolen or destroyed Series 1992A Bond, in replacement for such Series 1992A Bond in the manner hereinafter provided. B. Application for replacement of damaged, mutilated, lost, stolen or destroyed Series 1992A Bonds shall be made to the Paying Agent/Registrar. In every case of loss, theft or destruction of a Series 1992A Bond, the applicant for a replacement bond shall furnish to the Cities and to the Paying Agent/Registrar such security or indemnity as may be required by them to save each of them harmless from any loss or damage with respect thereto. Also, in every case of loss, theft or destruction of a Series 1992A Bond, the applicant shall furnish to the Cities and to the Paying Agent/Registrar evidence to their satisfaction of the loss, theft or destruction of such Series 1992A Bond, as the case may be. In every case of damage or mutilation of a Series 1992A Bond, the applicant shall surrender to the Paying Agent/Registrar for cancellation the Series 1992A Bond so damaged or mutilated. Minutes of City Council Q-3 Page 366 367 TUESDAY, NOVEMBER 13, 1990 Ordinance No. C. Notwithstanding the foregoing provisions of this Section, in the 1.0721 cont. event any such Series 1992A Bond shall have matured, and no default has occurred which is then continuing in the payment of the principal of, redemption premium, if any, or interest on the Series 1992A Bond, the Cities may authorize the payment of the same (without surrender thereof except in the case of a damaged or mutilated Series 1992A Bond) instead of issuing a replacement Series 1992A Bond, provided security or indemnity is furnished as above provided in this Section. D. Prior to the issuance of any replacement bond, the Paying Agent/Registrar shall charge the owner of such Series 1992A Bond with all legal, printing and other expenses in connection therewith. Every replacement bond issued pursuant to the provisions of this Section by virtue of the fact that any Series 1992A Bond is lost, stolen or destroyed shall constitute a contractual obligation of the Cities whether or not the lost, stolen or destroyed Series 1992A Bond shall be found at any time, or be enforceable by anyone, and shall be entitled to all the benefits of this 1992A Ordinance equally and proportionately with any and all other Series 1992A Bonds duly issued under this 1992A Ordinance. E. In accordance with Section 6 of Art. 717k-6, V.A.T.C.S., as amended, this Section of this 1992A Ordinance shall constitute authority for the issuance of any such replacement bond without necessity of further action by the governing body of the Cities or any other body or person, and the duty of the replacement of such bonds is hereby authorized and imposed upon the Paying Agent/Registrar, and the Paying Agent/Registrar shall authenticate and deliver such bonds in the form and manner and with the effect, as provided in Section 3.4D of this 1992A Ordinance for Series 1992A Bonds issued in exchange for other Series 1992A Bonds. Section 7.5. Bond Insurance. The Series 1992A Bonds have been offered with a commitment for bond insurance provided by Financial Guaranty Insurance Company, a New York stock insurance company ("Financial Guaranty"), with the bond insurance to be evidenced by the then current legal form of the Municipal Bond New Issue Insurance Policy (the "Policy"). The Cities have sold the Series 1992A Bonds based on such Commitment but are not required to obtain bond insurance from another source if Financial Guaranty does not honor or is unable to honor its Commitment on the delivery date. In the event the Policy is not issued at the time of delivery, this section shall be of no force and effect. In accordance with the terms and conditions applicable to the Commitment and the Policy provided by Financial Guaranty, and subject to the preceding sentence, the Cities covenant and agree that: A. Optional Redemption of Bonds. Notwithstanding the provisions of Section 4(e) hereof, prior to the circulation of any notice of redemption of the Series 1992A Bonds (other than mandatory sinking fund redemption and excepting any notice that refers to Bonds that are the subject of an advance refunding), sufficient funds to pay the redemption price of the Series 1992A Bonds to be redeemed shall have been deposited with the Paying Agent/Registrar to accomplish such redemption. In addition, Financial Guaranty shall be provided with notice of the redemption of any of the Series 1992A Bonds (other than mandatory sinking fund redemption). B. Event of Default. Upon the occurrence of an Event of Default which would require Financial Guaranty to make payments under the Policy, Financial Guaranty and its designated agent shall be provided with access to the Registration Books relating to the Series 1992A Bonds. In addition, Financial Guaranty shall be deemed the sole Holder of the Series 1992A Bonds with respect to any action taken pursuant to Section 10.2 of the 1968 Ordinance. In determining whether a payment default relating to the Series 1992A Bonds has occurred pursuant to Section 10.1 of the 1968 Ordinance, no effect shall be given to payments made under the Policy. Furthermore, notice of any payment default with respect to the Bonds shall be given immediately by the Board to Financial Guaranty. C. Amendments and Modifications to Ordinance. Notwithstanding the provisions of Section 11.1 of the 1968 Ordinance, any amendment or modification to the 1992A Ordinance shall be subject to the prior written consent of Financial Guaranty which shall not be unreasonably withheld. For the purposes of Section 11.1 of the 1986 Ordinance Financial Guaranty shall be treated as the Holder of the Series 1992A Bonds with respect to consent to any amendments thereunder. In addition, Financial Guaranty shall be provided by the Board with all proceedings relating to any amendment or modification to the 1992A Ordinance. D. Notices. Unless otherwise directed, all notices to Financial Guaranty hereunder shall be addressed: Financial Guaranty Insurance Company 175 Water Street New York, New York 10038 Minutes of City Council Q-3 Page 367 366 TUESDAY, NOVEMBER 13, 1990 Ordinance No. 10721 cont. 11 Attention: General Counsel E. Paying Agent/Registrar. Notwithstanding Section 3.4 hereof, no resignation or removal of the Paying Agent/Registrar shall become effective until a successor has been appointed and has accepted the duties of the Paying Agent/Registrar. Financial Guaranty shall be furnished with written notice of the resignation or removal of the Paying Agent/Registrar and the appointment of any successor thereto. F. Information and Data. The following information and data shall be • provided to Financial Guaranty by the Board periodically as noted: 1. Annually, when available, the Airport Budget as approved by the Cities and the annual audited financial statements. 2. An official statement or offering document, if any, prepared in connection with the issuance of any Bonds. 3. Notice of any draw upon the Debt Service Reserve Fund. 4. Simultaneously with the delivery of the annual audited financial statements such other statistical data concerning passenger statistics, landed weights and aircraft operations as are compiled and made generally available by the Airport. ARTICLE VIII AMENDMENTS TO ORDINANCE Section 8.01. Amendments. This 1992A Ordinance may be amended by concurrent ordinances adopted by the City Councils, in the same manner as provided in the 1968 Ordinance for the amendment of the 1968 Ordinance. ARTICLE IX SEVERABILITY, REPEAL AND COUNTERPARTS Section 9.1. Ordinance Irrepealable. After any of the Series 1992A Bonds shall be issued, this 1992A Ordinance shall constitute a contract between the Cities and the owner or owners of the Series 1992A Bonds from time to time outstanding, and this 1992A Ordinance shall be and remain irrepealable until the Series 1992A Bonds and the interest thereon shall be fully paid, cancelled, refunded or discharged or provision for the payment thereof shall be made. Section 9.2. Severability. If any Section, paragraph, clause or provision of this 1992A Ordinance shall for any reason be held to be invalid or unenforceable, the invalidity or unenforceability of such Section, paragraph, clause or provision shall not affect any of the remaining provisions of this 1992A Ordinance. If any Section, paragraph, clause or provision of the Contract and Agreement shall for any reason be held to be invalid or unenforceable, the invalidity or unenforceability of such Section, paragraph, clause or provision shall not affect any of the remaining provisions of the Contract and Agreement, or of any other provisions of this 1992A Ordinance not dependent directly for effectiveness upon the provision of the Contract and Agreement thus declared to be invalid and unenforceable. Section 9.3. Repealer. All orders, resolutions and ordinances, or parts thereof, inconsistent herewith are hereby repealed to the extent of any such inconsistency. Section 9.4. Counterparts. This 1992A Ordinance may be executed in counterparts, and when duly passed by both Cities, and separate counterparts are duly executed by each City, the Ordinance shall be in full force and effect. APPROVED AND ADOPTED BY THE DALLAS CITY COUNCIL THIS NOVEMBER 14, 1990. APPROVED AS TO FORM: Analeslie Muncy, City Attorney, City of Dallas, Texas PASSED NOVEMBER 13, 1990 Mayor, City of Fort Worth, Texas Minutes of City Council Q-3 Page 368 339 TUESDAY, NOVEMBER 13, 1990 Ordinance No. I (SEAL) 10721 cont. , ATTEST: City Secretary, City of Fort Worth, Texas APPROVED AS TO FORM AND LEGALITY: City Attorney, City of Fort Worth, Texas THE STATE OF TEXAS COUNTY OF DALLAS CITY OF DALLAS I, Robert S. Sloan, City Secretary of the City of Dallas, Texas, do hereby certify: 1. That the above and foregoing is a true and correct copy of an excerpt from the minutes of the City Council of the City of Dallas, had in regular meeting, November 14, 1990, authorizing the issuance of Dallas -Fort Worth Regional Airport Joint Revenue Refunding Bonds, Series 1992A in the aggregate principal amount not to exceed $116,280,000 which ordinance is duly of record in the minutes of said City Council. 2. That said meeting was open to the public, and public notice of the time, place and purpose of said meeting was given, all as required by Vernon's Ann. Texas Civ. St. Article 6252-17, as amended. WITNESS MY HAND and seal of the City of Dallas, Texas, this 14th day of November, 1990. City Secretary, City of Dallas, Texas (SEAL) THE STATE OF TEXAS COUNTY OF TARRANT CITY OF FORT WORTH I, Ruth Howard, City Secretary of the City of Fort Worth, Texas, do hereby certify: 1. That the above and foregoing is a true and correct copy of an Ordinance, duly presented and passed by the City Council of the City of Fort Worth, Texas, at a regular meeting held on November 13, 1990, as same appears of record in the Office of the City Secretary. 2. That said meeting was open to the public, and public notice of the time, place and purpose of said meeting was given, all as required by Vernon's Ann. Texas Civ. St. Article 6252-17, as amended. WITNESS MY HAND and the Official Seal of the City of Fort Worth, Texas, this 13th day of November, 1990. City Secretary, City of Fort Worth, Texas (SEAL) Introduced an Council Member Chappell introduced an ordinance and made a motion that it be Ordinance adopted. The motion was seconded by Council Member Garrison. The motion, carrying with it the adoption of said ordinance, prevailed by the following vote: AYES: Mayor Bolen; Mayor Pro tempore Gilley; Council Members Zapata, Garrison, Granger, McCray, Meadows, Webber, and Chappell NOES: None Minutes of City Council Q-3 Page 369 370 :.TUESDAY, NOVEMBER 13, 1990 Ordinance No.II ABSENT: None 1.0722 coni:. The ordinance, as adopted, is as follows: CITY OF FORT WORTH ORDINANCE NO. 10722 AN ORDINANCE ADOPTED CONCURRENTLY BY THE CITY COUNCILS OF THE CITIES OF DALLAS AND FORT WORTH AUTHORIZING THE EXECUTION OF A CERTAIN ESCROW AGREEMENT, AGREEMENT TO ENTER INTO ESCROW AND FORWARD PURCHASE AGREEMENT AND ESCROW AND FORWARD PURCHASE AGREEMENT WHEREAS, concurrently herewith the City Councils, respectively, of the Cities of Dallas and Fort Worth (the "Cities") have adopted the Eighteenth Supplemental Regional Airport Concurrent Bond Ordinance authorizing the issuance of the Dallas -Fort Worth Regional Airport Joint Revenue Refunding Bonds, Series 1992A (the "Bonds"); and WHEREAS, the Joint Revenue Bonds to be refunded are to be paid and retired, pursuant to the terms of the Dallas -Fort Worth International Airport Series 1992A Escrow Agreement with respect to the Series 1982A Joint Revenue Bonds to be refunded (the "Escrow Agreement") between the Cities of Dallas and Fort Worth and NCNB Texas National Bank; and WHEREAS; the Bonds are to be sold to the Underwriters pursuant to the terms and conditions of the Agreement to Enter Into Escrow and Forward Purchase Agreement (the "Agreement to Enter Into Escrow and Forward Purchase Agreement"); and WHEREAS, the Bonds are to be delivered to the holders of the Escrow Receipts pursuant to a forward purchase arrangement in accordance with the terms and conditions of the Escrow and Forward PURCHASE Agreement (the "Escrow and Forward Purchase Agreement") which has previously been approved by the Dallas -Fort Worth International Airport Board and forwarded on for action by the Cities. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF DALLAS, TEXAS: NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: That the Escrow Agreement in substantially the form attached hereto and made a part hereof as Exhibit A, the Agreement to Enter Into Escrow and Forward Purchase Agreement in substantially the form attached hereto and made a part hereof as Exhibit B and the Escrow and Forward Purchase Agreement in substantially the form attached hereto and made a part hereof as Exhibit C, are hereby accepted, approved and authorized to be executed and delivered in such forms, with such changes and modifications as the respective City Attorneys shall approve as necessary and appropriate as evidenced by their execution thereof, to the respective parties set forth in such Agreements. Such Agreements shall be executed on behalf of the City of Dallas by the City Manager, with its corporate seal impressed thereon, attested by the City Secretary, and approved as to form by the City Attorney. Such Agreements shall be executed on behalf of the City of Fort Worth by the City Manager, with its corporate seal impressed thereon, attested by the City Secretary, and approved as to form and legality by the City Attorney. After such execution the Escrow and Forward Purchase Agreement shall be forwarded by the Dallas -Fort Worth International Airport Board along with the transcript of proceedings relating to the Bonds for approval by the Attorney General of Texas as a "Credit Agreement" in accordance with Article 717q, V.A.T.C.S. OCS-205 re There was presented Mayor and Council Liability Bonds the City Secretary recommending that the cancellation of liability bonds, as follows: PARKWAY CONTRACTOR'S BONDS Lonnie Ray Eaves Randy Feuerhelm dba Feuerhelm Concrete Co. Cancellations Lonnie Ray Eaves Alliance Restora- tion, Inc. Lonnie Ray Eaves Randy Feuerhelm dba Feuerhelm Concrete Co. PARKWAY CONTRACTOR'S BONDS Lonnie Ray Eaves Alliance Restoration, Inc. Communication No. OCS-205 from the Office of City Council authorize the acceptance or CANCELLATIONS INSURANCE COMPANY Western Surety Company Lawyers Surety Corporation CANCELLATION DATE INSURANCE COMPANY November 17, 1990 Western Surety Company December 9, 1990 Western Surety Company Minutes of City Council Q-3 Page 370 3'71 TUESDAY, NOVEMBER 13, 1990 It was the consensus of the City Council that the recommendation be adopted and that the bonds remain in full force and effect for all work performed prior to date of cancellation. CS -206 re There was presented Mayor and Council Communication No. OCS-206 from the Office of ]aims the City Secretary recommending that City Council refer notices of claims regarding alleged damages and/or injuries to the Risk Management Department, as follows: ayne Lee Menking 1. Claimant: Wayne Lee Menking Date Received: November 1, 1990 Date of Incident: September 15, 1990 Location of Incident: 4350 Ranch View Road Estimate of Damages/ Injuries: $130.20 Nature of Incident: Alleges damages as the result of an irrigation pipe being broken by garbage crew. aura Emma Fox 2. Claimant: Laura Emma Fox Date Received: November 1, 1990 Date of Incident: Undeclared Location of Incident: 3006 Schadt Estimate of Damages/ Injuries: $187.50 - $424.85 Nature of Incident: Alleges damages as the result of a broken water main. enni s Dunki ns 3. Claimant: Dennis Dunkins Date Received: November 1, 1990 Date of Incident: Undeclared Location of Incident: Undeclared Estimate of Damages/ Injuries: $59.95 Alleges damages as the result of clogged sewer line. edro Muniz 4. Claimant: Pedro Muniz Date Received: November 2, 1990 Date of Incident: October 4, 1990 Location of Incident: 4821 Trueland Estimate of Damages/ Injuries: $74.50 - $300.91 Nature of Incident: Seeks reimbursement for estimates for sewer line repairs. amela J. Rooney 5. Claimant: Pamela J. Rooney Date Received: November 2, 1990 Date of Incident: May 13, 1990 Attorney: Michael Y. Saunders Location of Incident: Emergency Room - Harris Methodist Hospital Estimate of Damages/ Injuries: Undeclared Nature of Incident: Alleges injuries as the result of being exposed to chemical fumes from a patient. illi a Thompson 6. Claimant: Willie Thompson Date Received: November 2, 1990 Date of Incident: June 18, 1990 Attorney: Wallace Brady Location of Incident: 2500 Blk of Cobb Park Drive Estimate of Damages/ Injuries: Undeclared Nature of Incident: Alleges injuries and/or damages as the result of a vehicular accident involving City -owned vehicle (dump truck). i liner Perry, Jr. 7. Claimant: Wilmer Perry, Jr. Date Received: November 2, 1990 Date of Incident: June 18, 1990 Attorney: Wallace Brady Location of Incident: 2500 Blk of Cobb Park Drive Estimate of Damages/ Injuries: Undeclared Nature of Incident: Alleges injuries and/or damages as the result of a vehicular accident involving City -owned vehicle (dump truck). Minutes of City Council Q-3 Page 371 3702"* TUESDAY, NOVEMBER 13, 1990 Diane Jo Looney 8. Claimant: Diane Jo Looney Date Received: November 5, 1990 Date of Incident: October 19, 1990 Location of Incident: 201 Main First City Bank Tower Estimate of Damages/ Injuries: Undeclared Nature of Incident: Alleges injuries as the result of a fall. Gregory Lee Fowler 9, Cl aimant: Gregory Lee Fowler Date Received: November 5, 1990 Date of Incident: October 12, 1990 Location of Incident: 2926 Clary Avenue Estimate of Damages/ Injuries: $2,902.75 - $3,252.63 Nature of Incident: Alleges damages as the result of a vehicular accident involving City -owned vehicle (dump truck). Raymond McDavid 10. Claimant: Raymond McDavid Date Received: November 5, 1990 Date of Incident: September 24, 1990 Attorney: Michael A. Robertson Location of Incident: 3500 N. Beach @ 3900 Woodlane Estimate of Damages/ Injuries: $500,000.00 Nature of Incident: Alleges injuries and damages as result of vehicular accident allegedly caused by unkept weeds at the intersection. Aetna Personal 11. Claimant: Aetna Personal Financial Security Division Financial Security Date Received: November 6, 1990 Division Date of Incident: January 1, 1989 Location of Incident: 3100 Miller and 4100 E. Berry Estimate of Damages/ Injuries: Undeclared Nature of Incident: Alleges damages as the result of a vehicular accident involving City vehicle (Police). armen B. Barrient 's 12. Claimant: Carmen B. Barrientes Date Received: November 6, 1990 Date of Incident: May 7, 1990 Location of Incident: 3721 So. Main Estimate of Damages/ Injuries: $186.46 Nature of Incident: Alleges damages as the result of actions by Fort Worth Police Personnel. ames Malcolm 13. Claimant: James Malcolm Brown, Jr. rown, Jr. Date Received: November 7, 1990 Date of Incident: October 28, 1990 Location of Incident: 2224 Winton Terrace East Estimate of Damages/ Injuries: $147.00 Nature of Incident: Alleges damages as the result of a broken water meter cover. orman Jack Myers 14. Claimant: Norman Jack Myers Date Received: November 7, 1990 Date of Incident: Undeclared Location of Incident: 5217 Townsend Drive Estimate of Damages/ Injuries: $381.59 - $392.75 Alleges damages as the result of a water main break. ames Henry 15. Claimant: James Henry Atkinson, D.D.S. tkinson, D.D.S. Date Received: November 7, 1990 Date of Incident: August 28, 1990 Location of Incident: 2417 Park Hill Estimate of Damages/ Injuries: $289.20 Nature of Incident: Alleges damages as the result of a rock being propelled f rom a mower. Kenneth Wayne Green 16. Claimant: Kenneth Wayne Green Date Received: November 7, 1990 Date of Incident: Undeclared Location of Incident: 1832 Green Field Estimate of Damages/ Injuries: Undeclared Minutes of City Council Q-3 Page 372 373 TUESDAY, NOVEMBER 13, 1990 Claim of KennethII Nature of Incident: Alleges damages to vehicle as the result Wayne Green cont. of improper actions taken at auto pound. OCS-206 adopted Il It was the consensus of the City Council that the recommendation be adopted. OC S-207 re There was presented Mayor and Council Communication No. OCS-207 from the Office Correspondence frod of the City Secretary recommending that correspondence from Mr. John L. Richardson, Mr. John L. Rich- expressing his opinion regarding the involvement of the Trinity Housing Finance ardson referred Corporation with regard to Leonard Briscoe (Regalridge Apartments), and correspondence to the Office of from Mr. Joe Detrick regarding the elimination of obscene ads in the Fort Worth the City Manager Star -Telegram. It was the consensus of the City Council that the recommendation be adopted. M&C G-8900 re There was presented Mayor and Council Communication No. G-8900 from the City authorized continu Manager stating that the City Council on July 24, 1990, by Mayor and Council ed employment of Communication No. G-8740 authorized the continued employment of Vinson and Elkins to Vinson and Elkins, provide special expertise and assistance in the Arlington Rate Case and litigation; Attorneys at Law that the City Council approved an additional $30,000.00 on June 21, 1988, by Mayor and as outside counsel Council Communication No. G-7615 for the continued employment of Vinson and Elkins to to provide special assist with the negotiations of new wholesale water contracts and continued expertise and ass- negotiations with the City of Arlington to execute a wastewater contract; that the City istance in the Council authorized continued employment of Vinson and Elkins on May 2, 1989, by Mayor Arlington Rate CasE and Council Communication No. C-11614 to provide special expertise and assistance to and litigation the City Attorney in wastewater matters, with the services not to exceed $150,000.00; that, to date, the Water Department has paid a total of $400,630.00 to Vinson and Elkins for service rendered; that Water Department staff estimates the representation will cost approximately an additional $150,000.00 through the end of this fiscal year; stating that funds are available in Water and Sewer Operating Fund PE45, Center No. 0701000, Account No. 531200; and recommending that the City Council authorize continued employment of Vinson and Elkins, Attorneys -at -Law, as an outside counsel to provide special expertise and assistance in the Arlington Rate Case and litigation in an amount not to exceed $150,000.00. It was the consensus of the City Council that the recommendation be adopted. M&C G-8901 re There was presented Mayor and Council Communication No. G-8901 from the City authorized Manager, as follows: participation in the Texas Medicaid SUBJECT: MEDICAID - EPSDT DENTAL PROGRAM Assistance Program EPSDT Dental Progr RECOMMENDATION: It is recommended that the City Council authorize the City Manager to: 1. Participate in the Texas Medicaid Assistance Program (Medicaid) by implementing the Early and Periodic Screening, Diagnosis, and Treatment (EPSDT) Dental Program in the Dental Clinics in the Public Health Department; 2. Approve the fee schedule proposed for the Dental Health Services; 3. Deposit revenue collected from the Dental Health Clinics in the following revenue accounts: (1) Medicaid-EPSDT Dental Program; (2) Preventive Dental Health Services; and 4. Approve the monthly transfer of program related revenue from General Fund GG 01 to Special Revenue Fund GR 03, based on a rate proportionate to the total state support for the City's dental health clinics (currently at 11%), to be reserved for reinvestment in the Dental Health Program. RACKGROHND The Medicaid activities focus on initiating the Medicaid EPSDT Dental Program which provides early detection and treatment of dental health problems to eligible persons under age 21. The fee schedule proposed for the City of Fort Worth dental clinics is listed below. Included as a part of the fee schedule, is the recommendation that the sliding fee schedule followed by the Fort Worth Health Department for Medicaid activities in the Maternal and Child Health section be used with this dental program. The services with the asterisk (*) are the ones that may be applied to a sliding fee scale according to client's personal income and family size. * No client will be denied services due to inability to per. Minutes of City Council Q-3 Page 373 3": . TUESDAY, NOVEMBER 13, 1990 M&C G-8901 cont. DENTAL HEALTH PROPOSED FEE SCHEDULE One Surface Amalgam, Permanent arti- authorized parti- Two Surfaces Amalgam, Permanent 48.00* cipation in the cipation DESCRIPTION FEE Medicaid - EPSDT Initial Oral Exam 10.00 Resin, One Surface Dental Program X -Ray Full Mouth Exam 32.00* 48.00* X -Ray - Periapical, First Film/Exam 18.00* Resin, Four or More Surfaces X -Ray - Periapical, Each Additional Film 4.00 Pin, for Retention 8.00 X -Ray - Occlusal Film/Exam 22.00* 64.00* X -Ray - Bitewings/Exam 22.00* Recement crown X -Ray - Panoramic/Exam 48.00* Temporary (Sedative) Filling 24.00* Oral Prophylaxis (age 13-20) 30.00* 46.00* Oral Prophylaxis (age 3-12) 20.00* Root Canal - Two Canals Amalgam - Pit, Primary 24.00* Root Canal - Three or more Canals 312.00* One Surface Amalgam, Primary 38.00* 572.00* Two Surfaces Amalgam, Primary 48.00* Reline Denture (Laboratory) Three Surfaces Amalgam, Primary 64.00* Extraction, Single Tooth, Primary Amalgam - Pit, Permanent 24.00* One Surface Amalgam, Permanent 36.00* Two Surfaces Amalgam, Permanent 48.00* Three Surfaces Amalgam, Permanent 64.00* Four or more Surfaces Amalgam, Permanent 64.00* Resin, One Surface 36.00* Resin, Two Surfaces 48.00* Resin, Three Surfaces 60.00* Resin, Four or More Surfaces 66.00* Pin, for Retention 8.00 Crown - Full Stainless Steel, Primary 64.00* Crown - Full Stainless Steel, Permanent 64.00* Recement crown 22.00* Temporary (Sedative) Filling 24.00* Therapeutic Pulpotomy with Base 46.00* Root Canal - One Canal 240.00* Root Canal - Two Canals 266.00* Root Canal - Three or more Canals 312.00* Complete Upper Denture - High Impact 572.00* Complete Lower Denture - High Impact 572.00* Reline Denture (Laboratory) 128.00* Extraction, Single Tooth, Primary 26.00* Extraction, Single Tooth, Permanent 42.00* Extraction, Soft Tissue Impaction 84.00* Extraction, Partial Bony Impaction 92.00* Extraction, Complete Bony Impaction 112.00* Extraction, Residual Root Tip 40.00* Incision and Drainage of Abscess 40.00* Removal of Foreign Body 70.00* Palliative (Emergency) Treatment of Pain 20.00* Splint, Acid Etch Material 54.00* DISCUSSION: Approval of this program for use in the dental clinics will have the following financial impact: The projected revenue during FY 1990-91 is $45,158. This projection is based on estimated client visits and the assumption that 20% of the client visits will qualify on Medicaid visits. The projected revenue is based on a full year, however, the dental program would not probably be implemented until the 2nd or 3rd month in the 1st quarter of the fiscal year. Recommendation (4) will establish a separate account in Special Revenue Fund GR 03 to record the proportionate state share of program related revenue which will be reserved for reinvestment into the Medicaid Program as outlined by the Texas Department of Health Local Health Services guidelines. The program related income policy will be followed for the revenue collected at the clinics and for Medicaid payments, as outlined in the Texas Department of Health Local Health Services Contract, and the Federal/State Uniform Grant and Contract Management Standards. The essence of these standards is that program related income must be: a) used to expand or enhance the program; b) used to finance the non-federal/state share of the project if the state/ federal government approves; or c) deducted from the federal/state contribution. Program Related Income used to expand the program could include resources such as staff, contractual services or supplies. Minutes of City Council Q-3 Page 374 375 TUESDAY, NOVEMBER 13, 1990 M&C G-8901 cont. authorized partici To remain consistent with City financial policy, all transfers from Special patio n in the Revenue Fund GR 03 to General Fund GG 01 will require City Council approval. Medicaid - EPSDT When the Health Department requests use of these funds to expand the program, Dental Program or to finance the non-Federal/State share of the program, a M&C will be submitted for City Council approval. All expenses will be charged to the General Fund. FINANCING! Upon approval and completion of Recommendation (4) a project account will be established in Special Revenue Fund GR 03 to record the proportionate state share of program -related revenue reserved for reinvestment into the Medicaid Program. Sufficient funds are available in General Fund GG01, Center No. 0501520. The expenditures will be in various accounts in the General Fund GG 01, Public Health, Medicaid Program, Center No. 0501520. M&C G-8901II It was the consensus of the City Council that the recommendations, as contained in adopted Mayor and Council Communication No. G-8901, be adopted. M&C G-8902 re There was presented Mayor and Council Communication No. G-8902 from the City deleting one Manager stating that the City Council approved Mayor and Council Communication Sergeant's positio No. G-8244, dated September 26, 1989, for the addition of a Sergeant's position in the from the Training Training Division - Weapons Range - to better align the functions at that section; that Division - Weapons the department felt that a greater need existed for the Rangemaster to continue his Range in the Police duties at the Weapons Range rather than transferring him to another duty assignment; Department, adding that, since that time, the Sergeant has resigned his position with the Police one Corporal/Detec Department and another Rangemaster has been selected who holds the rank of tive position in Corporal/Detective; that the Corporal/Detective position is carried as an overage in the Training Di vi si the Training Division - Weapons Range; that, during Fiscal Year 1989-90, the department on - Weapons Range was authorized 171 Corporal/Detective positions; and, at the end of the fiscal year, in the Police De- the department had 171 actual Corporal/Detectives; that, through one demotion and the partment and au- reclassification described above, the department will have an authorized strength of thorized on tempor 169 with 170 actual Corporal/Detectives; that the creation of one temporary overage ary overage Corporal/Detective position is necessary at this time; that the temporary position will Corporal/Detective be deleted at the first opportunity when a vacant Corporal/Detective position occurs position for the through attrition or promotional opportunities; and recommending that the City Council department to be approve the attached ordinance which: deleted as soon as the next vacant 1. Deletes one Sergeant's position from the Training Division -Weapons Range Corporal /Detective in the Police Department, Fund GGO1, Center No. 0353201; position occurs. 2. Adds one Corporal/Detective position in the Training Division -Weapons Range in the Police Department, Fund GGO1, Center No. 0353201; and 3. Authorizes one temporary overage Corporal/Detective position for the department to be deleted as soon as the next vacant Corporal/Detective position occurs. M&C G-8902 It was the consensus of the City Council that the recommendations be adopted. adopted Introduced an Mayor Pro tempore Gilley introduced an ordinance and made a motion that it be Ordinance adopted. The motion was seconded by Council Member Zapata. The motion, carrying with it the adoption of said ordinance, prevailed by the following vote: AYES: Mayor Bolen; Mayor Pro tempore Gilley; Council Members Zapata, Garrison, Granger, McCray, Meadows, Webber, and Chappell NOES: None ABSENT: None The ordinance, as adopted, is as follows: Ordinance No.II ORDINANCE NO. 10723 10723 AN ORDINANCE SPECIFYING THE ADJUSTED TOTAL NUMBER OF AUTHORIZED CIVIL SERVICE POSITIONS AT EACH RANK IN THE POLICE DEPARTMENT; CREATING ONE ADDITIONAL CORPORAL/ DETECTIVE POSITION IN THE DEPARTMENT; DELETING ONE SERGEANT POSITION; AUTHORIZING ONE OVERAGE CORPORAL/ DETECTIVE POSITION; PROVIDING THAT THIS ORDINANCE SHALL BE CUMULATIVE; PROVIDING A SEVERABILITY CLAUSE; PROVIDING FOR ENGROSSMENT AND ENROLLMENT OF THIS ORDINANCE; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: Minutes of City Council Q-3 Page 375 3'7F TUESDAY, NOVEMBER 13, 1990 Ordinance No. SECTION 5. 10723 cont. This ordinance shall take effect and be in full force and effect from and after its passage, and it is so ordained. M&C G-8903 re There was presented Mayor and Council Communication No. G-8903 from the City adopt ordinance Manager stating that the City Council authorized publication of Notice of Intention to authorizing Issue Certificates of Obligation on October 23, 1990, for the purpose of providing issuance of funds for an airport control tower; that notice has been published for two consecutive $6,000,000.00 weeks as provided by law, setting November 13, 1990, as the date for adoption of the in certificates of ordinance authorizing issuance of certificates; and recommending that the City Council obligation adopt an ordinance authorizing issuance of $6,000,000.00 in certificates of obligation; engage the firm of McCall, Parkhurst and Horton to issue the legal opinion on the certificates; and engage the firm of First Southwest Company to serve as financial advisor in the transaction. Council Member Garrison made a motion, seconded by Council Member Zapata, that the recommendation as contained in Mayor and Council Communication No. G-8903 be adopted. Mr. Jeff Leuschel Mr. Jeff Leuschel, representing McCall, Parkhurst and Horton, appeared before the re G-8903 issuance City Council and advised the City Council that the bids will not be received in Finance of $6,000,000.00 Director Judson Bailiff's office until 11:00 and requested that Mayor and Council in certificates of Communication No. G-8903 be continued until after 11:00. obligation Council Member Zapata made a motion, seconded by Council Member Garrison, that Mayor and Council Communication No. G-8903, Adoption of Ordinance for the Issuance of $6,000,000.00 City of Fort Worth, Texas, Certificate of Obligation, Series 1990, be reconsidered. When the motion was put to a vote by the Mayor, it prevailed unanimously. Council Member Garrison made a motion, seconded by Council Member Chappell, that Mayor and Council Communication Nos. G-8903, G-8904, and G-8905 be continued until after the bid opening at 11:00. When the motion was put to a vote by the Mayor, it prevailed unanimously. M&C P-4537 re There was presented Mayor and Council Communication No. P-4537, dated November 6, agreement with 1990, from the City Manager stating that the City Council authorized Mayor and Council Eastside Landfill Communication No. P-4259, dated May 8, 1990, for landfill space for Village Creek for dumping loose Wastewater Treatment Plant to dump loose yards of trash; that the Park and Recreation trash Department especially needs landfill space for dumping trash and debris from its routine park clean-up operations; that the $0.10 surcharge is an environmental fee mandated by the Texas Department of Health; stating that budgeted funds are sufficient to cover the anticipated expenditure by the departments participating in the agreement; and recommending that the City Council authorize amending the purchase agreement with Eastside Landfill for dumping loose trash at $2.50 + $0.10 cents per cubic yard to include various departments. Mr. Judson Bailiff Mr. Judson Bailiff, Director of the Finance Department, appeared before the City re P-4537 dumping Council and advised the City Council that the estimated total amount for dumping trash loose trash and debris from its cleanup operation is $13,000.00. Mayor Pro tempore Gilley made a motion, seconded by Council Member Granger, that the recommendation, as contained in Mayor and Council Communication No. P-4537, be adopted, as amended, to include a not to exceed amount of $13,000.00. When the motion was put to a vote by the Mayor, it prevailed unanimously. M&C P-4546 re There was presented Mayor and Council Communication No. P-4546 from the City agreement to Manager stating that Hastik and Associates, Inc., is the single source for obtaining provide S.I.F. parts and service for B.I.F. equipment; that the service rendered has been parts and service satisfactory and staff has recommended that the purchase agreement be renewed; stating with Hastik and that budgeted funds are sufficient to cover the anticipated expenditure by the Water Associates, Inc. Department participating in the agreement; and recommending that the City Council authorize a one-year sole source purchase agreement to provide the B.I.F. parts and service with Hastik and Associates, Inc., on bid of list price plus 15% net, f.o.b. Houston, Texas, and that the term of agreement be effective date of authorization by City Council and expire one year later. It was the consensus of the City Council that the recommendations be adopted. M&C P-4547 re There was presented Mayor and Council Communication No. P-4547 from the City agreement to Manager stating that the City Council authorized a one-year purchase agreement with provide janitorial options to renew for two additional years on September 20, 1988, by Mayor and Council service for the Communication P-2926 to provide janitorial service at the Central Library; that M&C Fort Worth Public P-3729, dated September 26, 1989, authorized the first option to renew the agreement; Central Library that service has been satisfactory, and it is recommended that the City exercise the with General second and final option to renew the agreement, at the lower price which has been Building Mainten- agreed to, based on substantially reduced services due to budget cuts; stating that ance Company budgeted funds are sufficient to cover the anticipated expenditure in General Fund GGO1, Center 0205003, Account 539120; and recommending that the City Council authorize: 1. Exercising the second (final) option for renewal of the purchase agreement to provide janitorial service for the Fort Worth Public Central Minutes of City Council Q-3 Page 376 3'77 TUESDAY, NOVEMBER 13, 1990 M&C P-4547 cont. Library with General Building Maintenance Company at the negotiated price re agreement with General Building of $3,349.00 per month not to exceed $36,839.00 net, f.o.b. Fort Worth; Maintenance Compan3 2. The agreement to become effective November 1, 1990, and end September 30, to provide janitor 1991; and ial service for th Fort worth Public 3. The confirmation of the purchase of service for the month of October, Central Library 1990, for $3,349.00 M&C, P-4547 It was the consensus of the City Council that the recommendations be adopted. adopted There was resented Mayor and Council Communication No. P-4548 from the Cit M&C P-4548 re p y y agreement with Manager stating that the Water Department will use oils and lubricants in the operation Mid -American Corp- and maintenance of plant equipment; stating that budgeted funds are sufficient to cover oration to supply the anticipated expenditure by the department participating in this agreement; and oil and lubricants recommending that the City Council authorize: to the 'dater Depart- ment 1. A purchase agreement with Mid American Corporation to supply oil and lubricants to the Water Department on the low bid of the following unit prices: A. Compressor Oil $2.58/gal. B. Wire Rope & Cable lubricant $0.82/lb. C. Bearing grease $0.86/lb. D. Food grease $1.75/tube E. Air Tool Oil $3.07/gal. F. Bearing Oil $2.24/gal. G. Motor oil SW40 $2.58/gal. H. Hydraulic Oil R&068 $2.07/gal. I. Motor oil SAE30 $2.49/gal. J. Hydraulic oil R&032 $2.00/gal. 2. The agreement to begin the date of authorization by Council and end one year later. M&C P-4548 adapted it It was the consensus of the City Council that the recommendations be adopted. M&C P-4549 re There was presented Mayor and Council Communication No. P-4549 from the City confirmed purchase Manager stating that, during a routine inspection of the elevator at the Rolling Hills of elevator repair Chemical Building, structural damage was discovered; that the elevator is utilized to services from transport chemicals and equipment for plant operation; that continued operation of this Schindier Elevator elevator is essential and, therefore, the elevator at the Chemical Building at Rolling Corporation for the Hills was repaired on August 8, 1990, by Schindler Elevator Corporation; stating that Dater Department funds are available in Water Department Fund PE45, Center No. 0605003, Account No. 536010; and recommending that the City Council confirm the purchase of elevator repair services from Schlinder Elevator Corporation for the Water Department for an amount not to exceed $5,157.12. It was the consensus of the City Council that the recommendations be adopted. M&C P-4550 re There was presented Mayor and Council Communication No. P-4550 from the City purchase of variou Manager submitting a tabulation of bids received for the purchase of various sizes sizes of copper of copper tubing for the Water Department; stating that purchases will be charged to tubing for the Water and Sewer Operating Fund PE45, Inventory Subsidiary Account No. 141279, Center (later Department No. 0000000; and recommending that the purchase be made from Triangle Supply on low bid form Triangle of $6,847.00 net, f.o.b. Fort Worth, Texas. It was the consensus of the City Council S uppI that the recommendation be adopted. M&C P-4551 re There was presented Mayor and Council Communication No. P-4551 from the City agreement with Manager stating that the Water Department will use parts to maintain the Beck Harold Beck and actuators; that the actuators are used to operate valves throughout the process control Sons, Inc. to rpo- on 8 -inch lines or larger; that Harold Beck and Sons, Inc., is the manufacturer and vide parts for Becl only source of supply; stating that budgeted funds are sufficient to cover the a u tua for s for the anticipated expenditure by the Water Department; and recommending that the City Council Water Department authorize a one-year sole source purchase agreement to provide parts for Beck actuators with Harold Beck and Sons, Inc., on bid of list price, net, f.o.b. Newton, PA. It was the consensus of the City Council that the recommendation be adopted. M&C P-4552 re There was presented Mayor and Council Communication No. P-4552 from the City renew purchase Manager stating that the City Council on January 30, 1990, authorized a one-year agreement for purchase agreement with a one-year renewal with Badger Meters, Inc./Precision Products, parts, labor, and Inc., to provide parts, labor, and training on Badger Sewer Flow Meters for the Water training on Badger Department; that the service rendered has been satisfactory; that staff has requested Sewer Flow meters the last option to renew be exercised; that Badger Meters, Inc./Precision Products, with Badger Meters Inc., has agreed to maintain unit prices as originally bid; that, however, no guarantee Inc./Precision has been made that a specific quantity of goods or services will be purchased; stating Products, Inc. that budgeted funds are sufficient to cover the anticipated expenditure by the Water Department; and recommending that the option to renew be exercised with Badger Meters, Inc./Precision Products, Inc., for an amount not to exceed $15,000.00, and that the Water Department be authorized to participate in this agreement exclusively, effective from date of authorization by City Council until one year later. It was the consensus of the City Council that the recommendations be adopted. Minutes of City Council Q-3 Page 377 3'78 MU*C P-4553 re renewal purchase agreement with TCOM Human Fitnes Center/The YMCA to provide ren physical assess- ments for the Police Department M&C P-4553 adopted M&C P-4554 re one-year purchase agreement to provide office supplies for the Finance Departmen with Miller Busi- ness Systems TUESDAY, NOVEMBER 13, 1990 There was presented Mayor and Council Communication No. P-4553 from the City Manager stating that the City Council authorized a purchase agreement with five one-year renewal options on November 15, 1988, by Mayor and Council Communication No. P-3043 to provide physical assessments of Police personnel; that the assessments will include a medical history, laboratory analysis of urine, blood and hemoculture, a physical examination, musculoskeletal evaluation, and graded exercise stress test; that other tests may be performed based on needs of the individual at additional cost; stating that funds are available in General Fund GG01, Center No. 0353200, Account No. 539120; and recommending that the City Council authorize: 1. Exercise the second option for renewal to the purchase agreement TCOM Human Fitness Center/The YMCA to provide physical assessments for the Police Department as follows: Physical Assessment $160.00 per test FEE SCHEDULE FOR OPTIONAL DIAGNOSTIC PROCEDURES 2 -View Chest X -Ray Audiometric Screen Drug Screen Pre -Employment Physical Flexible Proctosigmoidoscopy Structural Low Back X -Rays (2 -View) Mammography (With Educational Program) Family Health Care Fees Initiation Fee for Medifast Program if Already Performed Initiation Fee for Medifast Program if Not Performed $33.00 $10.00 $25.00 $228.00 $50.00 $30.00 $95.00 $95.00 Health Assessment Waived Health Assessment $75.00 Weekly Charges (Includes Food Supplement) $40.00 2) The effective date to begin November 15, 1990 and end November 15, 1991 and end November 15, 1991 or third renewal option is authorized. It was the consensus of the City Council that the recommendations be adopted. There was presented Mayor and Council Communication No. P-4554 from the City Manager submitting a tabulation of bids received for a one-year purchase agreement to provide office supplies for the Finance Department; stating that purchases will be charged to Office Services Fund PI60, Inventory Account No. 141275; and recommending that the City Council authorize the purchase agreement with Miller Business Systems based on low overall bid of unit prices, not to exceed $500,000.00 net, f.o.b. Fort Worth, with the agreement to become effective upon date of authorization and end one year later, with option to renew from one year. It was the consensus of the City Council that the recommendations be adopted. M&C P-4555 re There was presented Mayor and Council Communication No. P-4555 from the City renew purchase Manager stating that the City Council authorized a purchase agreement with a one-year agreement with renewal option with Hi -Tech Signals, Inc., November 14, 1989, on Mayor and Council Hi -Tech Signals Communication P-3827 to provide vehicle loop wire sealant; that user departments have to provide vehicle recommended the agreement be renewed for one year; that the vendor has agreed to hold loop wire sealant firm price for one year; stating that budgeted funds are sufficient to cover the for City Depart- anticipated expenditure by each department participating in the agreement; and vents for one recommending that the City Council exercise the option to renew the purchase agreement additional year with Hi -Tech Signals, Inc., to provide vehicle loop wire sealant for City departments for one additional year on the bid of $8.75 per quart, f.o.b, Fort Worth, with new agreement to become effective November 14, 1990, and end November 13, 1991. It was the consensus of the City Council that the recommendation be adopted. M&C P-4556 re There was presented Mayor and Council Communication No. P-4556 from the City confirmed ptirchase Manager stating that the air conditioning unit at North Branch Library failed on August of a heating/air 15, 1990, requiring the purchase of a new unit; that emergency handling of the request conditioning was required to keep the building open to the public; stating that funds are available unit for the in General Fund GG01, Center No. 0205002, Account No. 536010; and recommending that the Transportation/ City Council confirm the purchase of a heating/air conditioning unit for the Public Works De- Transportation/Public Works Department with Carrier Bock for an amount not to exceed partment with $6,936.00. It was the consensus of the City Council that the recommendation be Carrier Bock adopted. M&C P-4557 re There was presented Mayor and Council Communication No. P-4557 from the City purchase agree- Manager submitting a quote received for a purchase agreement to supply bulk Portland ment with Texas Type I cement for the Transportation/Public Works Department; stating that budgeted Industries, Inc. funds are sufficient to cover the anticipated expenditure by the department to supply bulk participating in the agreement; and recommending that the City Council authorize a Portland Type I purchase agreement with Texas Industries, Inc., to supply bulk Portland Type I cement cement to be to be spread by the vendor at construction sites on low bid of unit prices at $53.50 spread by the per ton, with the agreement to begin date of authorization by City Council and end one vendor at construyear later. It was the consensus of the City Council that the recommendations be tion sites adopted. Minutes of City Council Q-3 Page 378 379 TUESDAY, NOVEMBER 13, 1990 M&C P-4558 re There was presented Mayor and Council Communication No. P-4558 from the City agreement with Manager submitting a tabulation of bids received for Armored Car Service for various Armored Transport City departments; stating that budgeted funds are sufficient to cover the anticipated of Texas, Inc. to expenditure by each department participating in the agreement; and recommending that provide armored the City Council authorize: car service for various depart- 1. A purchase agreement with Armored Transport of Texas, Inc., to provide ments armored car service for various departments on the low bid of the following unit prices: Cost Per Location Pick Up 1) Park & Recreation $ 7.25 Meadowbrook G.C. 2) Park & Recreation $ 7.25 Pecan Valley G.C. 3) Park & Recreation $ 7.25 Sycamore G.C. 4) Airport $ 7.25 Collections 5) Park & Recreation $ 7.25 Fort Worth Zoo 6) Park & Recreation $ 7.25 Administration 7) Park & Recreation $ 7.25 McLeland Tennis Center 8) Park & Recreation $ 7.25 Haws Athletic Center 9) Park & Recreation $ 7.25 Log Cabin Village 10) Health Department $ 7.25 Collections 11) Health Department $ 7.25 7 Nursing Clinics 12) Police Department $ 7.25 Auto Pound 13) Police Department $ 7.25 Records Division 14) Finance Department $10.00 City Treasurer's Central Cashier Depository 15) Finance Department $12.50 Central Cashier to TASC 2. The beginning date for the purchase agreement as November 30, 1990 and ending November 29, 1991 with two (2) additional one-year options to renew. a M&C P-4558 adopted It was the consensus of the City Council that the recommendations be adopted. M&C P-4559 re There was presented Mayor and Council Communication No. P-4559 from the City purchase of food Manager stating that a list of vendors has been contacted, as well as others, in order and soft drinks to determine who can supply perishable foodstuffs or ingredients on an "as needed" by purchase order basis; that price, quality, and availability will influence election of a particular for the Park and vendor; that authority to order direct from a wide range of local suppliers would Recreation Depart- alleviate delays, expedite purchases best suited to patrons' needs, and guarantee the ment from various best quality of goods for the operation of the snack bar; stating that budgeted funds authorized vendors are sufficient to cover the anticipated expenditure of the department; and recommending for a period of that the City Council authorize: one year 1. The purchase of food and soft drinks by purchase order for the Park and Recreation Department from various authorized vendors for a period of one year based on the unit prices at current market prices; and Minutes of City Council Q-3 Page 379 TUESDAY, NOVEMBER 13, 1990 M&C P-4559 cont. re purchase of 2. This agreement will begin December 19, 1990, and end one year from that food and soft drinks date, with option to renew for one additional year. for the Park and Recreation Depart- ment from various vendors 1. Ben E. Keith Distributing Company 2. Continental Baking Company 3. Lee's Candy and Tobacco 4. Snack Attach, Inc. 5. Frito-Lay, Inc. 6. Pepsi-Cola Bottling Company 7. Farmer Brothers Coffee Company 8. Pretzels, Inc. 9. Johnson Milk Sales &C P-4559 adopted 11 It was the consensus of the City Council that the recommendations be adopted. M&C P-4560 re purchase of soft- ware and support materials, hardwar for the Wellness Division of the Risk Management Department from Wellsource M&C P-4561 re purchase of a 40 foot by 400 foot pre -fabricated building from Mid- west Wrecking Company for Fire Department as central storage facility for hazar dous materials re- sponse equipment and supplies There was presented Mayor and Council Communication No. P-4560 from the City Manager submitting a tabulation of bids received for the purchase of hardware, software, and support materials for the Wellness Division of the Risk Management Department; stating the funds were available in Group Health Insurance Fund FE85, Center No. 0158500, Account No. 541370; and recommending that the purchase be made from Wellsource, for its low bid meeting City specifications of $10,916.00, f.o.b. Fort Worth, for use in the Health Risk Assessment Program for City employees. It was the consensus of the City Council that the recommendation be adopted. There was presented Mayor and Council Communication No. P-4561 from the City Manager, as follows: SUBJECT: PURCHASE OF PRE -FABRICATED BUILDING FOR THE FIRE DEPARTMENT RECOMMENDATION: It is recommended that the City Council authorize the use of surplus bond funds in the amount of $8,000 for the purchase of a 40' x 40' pre -fabricated building from Midwest Wrecking Company to be used by the Fire Department as.a ,x central storage facility for hazardous materials response equipment and supplies. DT�cISS TON! The bond funds used for construction of Fire Station 30 currently has an account balance of $15,187, with all billings for the project considered finished. The Fire Department has located a 40' x 40' pre -fabricated building owned by Midwest Wrecking Company. The building, constructed with overhead doors and containing bath facilities, has been offered to the Fire Department at a cost of $8,000. The building would be used by the Fire Department to consolidate the hazardous materials response team at Fire Station 1. Currently, materials and equipment used by the team are stored at various fire stations throughout the City. In addition, the Department lacks garage or fire station space to park the Haz Mat Rescue Truck and the trailer used to transport seized drug lab chemicals and materials. Purchase of the building will allow the Department to consolidate all hazardous materials supplies, equipment and vehicles at one central location. It is anticipated that the bath facilities would be converted in order to allow decontamination of personnel responding to hazardous materials incidents, and, with the addition of a holding tank, remove the risk of contaminates draining into the City sewage system. Since the purchase is for less than $10,000, it is not required to be bid under state law. However, City purchasing regulations are more strict than state law and generally require bids on contracts over $5,000. This requirement may be administratively waived pursuant to Section 3.8 of the regulations in the event of extraordinary circumstances documented in writing. The department head has complied with this requirement by memo to the City Manager's Office, the Finance Director and the Purchasing Manager. FINANCING: Sufficient funds are available in Public Safety Improvements Fund GC27, Center No. 016270111300, Fire Station #30. Expenditures will be made to Account No. 541100. M&C C-4561 adopted It was the consensus of the City Council that the recommendation, as contained in Mayor and Council Communication P-4561, be adopted. M&C L-10299 re eminent domain There was presented Mayor and Council Communication No. L-10299 from the City proceedings to Manager recommending that the City Attorney be authorized to institute eminent domain acquire a perman- proceedings to acquire an irregularly-shaped permanent utility easment out of ent easement and two temporary con- struction easement Minutes of City Council Q-3 Page 380 381 . TUESDAY, NOVEMBER 13, 1990 M&C L-10299 cont. re eminent domain Tract 1C1, J. Askew Survey, Abstract 16, as described in Volume 9503, Page 124, Deed proceedings to Records, Tarrant County, Texas; same being 471.38 feet along its south line, 35.56 feet acquire a perman- along its east line, 441.38 feet along its north line, and 43.68 feet along its west enant easement and line; and two irregularly-shaped temporary construction easements 25.0 feet in width two temporary con- and lying one on each side of the described permanent easement; located at the proposed struction easement Western Center Boulevard; and required for Northside II Water Transmission Main, Phase II. It was the consensus of the City Council that the recommendation be adopted. M&C L-10300 re There was presented Mayor and Council Communication No. L-10300 from the City eminent domain Manager recommending that the City Attorney be authorized to institute eminent domain proceedings to proceedings to acquire an irregularly-shaped permanent easement out of Tract 1C2, acquire a permanent Tract 1A4, Tract 1A, Tract 1A2F1, and Tract 1A2D1 of the J. Askew Survey, Abstract 16, easement and two- as recorded in Volume 9503, Page 118; Volume 7748, Page 180; Volume 7748, Page 267; temporary construc Volume 7207, Page 1719; and Volume 7748, Page 180, respectively, Deed Records, Tarrant tion easements County, Texas; and two irregularly-shaped temporary construction easements lying on each side of the described utility easement; located at the proposed Western Center Boulevard; and required for Northside II Water Transmission Main, Phase II. It was the consensus of the City Council that the recommendation be adopted. M&C L-10301 re There was presented Mayor and Council Communication No. L-10301 from the City eminent domain Manager recommending that the City Attorney be authorized to institute eminent domain proceedings to proceedings to acquire an irregularly-shaped permanent utility easement out of acquire permanent Tract 3B1, Thomas Benjamin Survey, Abstract 1497, as described in Volume 4831, nd temporary con- Page 151, Deed Records, Tarrant County, Texas; same being 861.88 feet in width along struction easements its north line and 852.30 feet in width along its south line which lies parallel to and contiguous with the north right-of-way line of Bailey -Boswell Road; and an irregularly-shaped strip of land out of Tract 3B1, Thomas Benjamin Survey, Abstract 1497, as described in Volume 4831, Page 151, Deed Records, Tarrant County, Texas; same lying parallel to, contiguous with, and north of the described permanent utility easement; located at the northeast corner of the intersection of Bailey -Boswell Road and Old Decatur Road; and required for Northside II Water Transmission Main, Phase II. It was the consensus of the City Council that the recommendation be adopted. M&C L-10302 re There was presented Mayor and Council Communication No. L-10302 from the City acquisition of Manager recommending that the City pay a total consideration of $1,560.00 for Lots 17 Lots 17 nd 18, Blockand 18, Block 126, Chamberlain Arlington Heights #2 Filing Addition; located at Helmick 126, Chamberlain and Halloran; owned by Ronald Boswell and Ronald Michael Boswell; required for Arlington Heights Chamberlain Park Extension/Como Multi -Purpose Center Replacement; and recommending that 2nd Fi i i ng Addiiton a bond fund transfer be authorized in the amount of $15,000.00 from GC23-080230410200, required for Cham- All Districts Unspecified, to GC23-016781011607, Chamberlain Park, to provide for berlain Park Ex- present and future purchases at the park. It was the consensus of the City Council tension/Como Multi that the recommendations be adopted. Purpose Center Re- that the recommendation be adopted. When the motion was put to a vote by the Mayor, it placement There was presented Mayor and Council Communication No. L-10303 from the City Committee Manager recommending that the City Attorney be authorized to institute eminent domain M&C L-10303 re proceedings to acquire an irregularly-shaped permanent utility easement out of eminentgsdomain Tract 12, A. F. Albright Survey, Abstract 1849, as described in Volume 9415, Page 891, proceedings to Deed Records, Tarrant County, Texas; same being 1708.42 feet along its south line, acquire permanent 49.34 feet along its east line, 1746.66 feet along its north line, and 28.38 feet along temporary con- its west line; and an irregularly-shaped temporary construction easement being 10.0 strucand ion ease- feet in width and lying parallel to, contiguous with, and north of the above-described ments me n is permanent easement and an irregularly-shaped strip of land 25.0 feet in width and lying construction of parallel to, contiguous with, and south of the described permanent easement; located bi ddi son and Ripy south of Longhorn Drive East of Old Decatur Road; and required for Northside II Water Streets Transmission Main, Phase II, UE -12 and TCE-12. It was the consensus of the City Council that the recommendation be adopted. M&C L-40304 re There was presented Mayor and Council Communication No. L-10304 from the City acquisition of Manager recommending that the City pay a total consideration of $445,185.00 for an Tract 1T, P.E. Col irregularly-shaped parcel of land out of the westerly portion of Tract 1T, man Survey Abstract P. E. Coleman Survey, Abstract No. 372, as recorded in Volume 7472, Page 1301, Deed No. 372 required Records, Tarrant County, Texas; located at the northeast corner of Bridge Street and for East Regional Oakland Hills Boulevard; owned by Alden E. Wagner, Jr., Trustee; and required for the Library Site East Regional Library site. Council Member Council Member Granger congratulated the Citizens Advisory Committee on its choice Granger re L-10304 for the East Regional Library and made a motion, seconded by Council Member Zapata, congratulated the that the recommendation be adopted. When the motion was put to a vote by the Mayor, it Citizens Adi vosry prevailed unanimously. Committee There was presented Mayor and Council Communication No. L-10305 from the City M&C L-10305 re Manager recommending that the City pay a total consideration of $350.00 for an acquisition of irregularly-shaped strip of land out of the northwest corner of Lot 4-R, Block 4, right-of-way in Brentmoor Addition, as described in Volume 5183, Page 1701, Deed Records, Tarrant Lot 4-11, Block 4, County, Texas; same being 3.03 feet in depth on the east and 25.11 feet in depth along Brentmoore Addition, ,the west and 58.50 feet in length; located at 700 East Ripy Street; owned by required for re- Jesus R. Garcia - Estate, et ux Hortencia Garcia; and required for reconstruction of construction of Biddison and Ripy Streets. It was the consensus of the City Council that the land be bi ddi son and Ripy acquired as recommended and that the expenditure be charged to Street Improvement Fund Streets GS67, Center No. 016670401670, Account No. 541100. Minutes of City Council Q-3 Page 381 3804.0,. TUESDAY, NOVEMBER 13, 1990 M&C L-10306 re There was presented Mayor and Council Communication No. L-10306 from the City acquisition of Manager recommending that the City pay a total consideration of $772.00 for a right-of-way and rectangularly -shaped strip of land being four feet in width and 186.90 feet in length temporary construc out of Block A, Eastwood Addition, Fourth Filing, as recorded in Volume 6754, Page 687, tion easement out Deed Records, Tarrant County, Texas; same being located adjacent and parallel to the of Block A, East- west side of Village Creek Road; and a rectangularly -shaped temporary construction wood Addition, easement being three feet in width and 80 feet in length adjacent and parallel to the Fourth Filing right-of-way as described above; located in the 3600 block of Village Creek Road; owned required for by Bobby Webber; and required for Village Creek Road Improvements. Village Creek Roa Street Improvement Fund GS67, Center No. 016670401320, Account No. 541100. improvements Council Member Webber advised the City Council that she is abstaining from voting acquisition of on Mayor and Council Communication No. L-10306 on the advice of the City Attorney. two temporary con Council Member Granger made a motion, seconded by Council Member McCray, that the struction ease- recommendation, as contained in Mayor and Council Communication No. L-10306, be adopted. ments from Tract When the motion was put to a vote by the Mayor, it prevailed by the following vote: 1-A-1, J.B. Martir AYES: Mayor Bolen; Mayor Pro tempore Gilley; Council Members Zapata, Survey, Abstract Garrison, Granger, McCray, Meadows, and Chappell NOES: None ABSENT: None NOT VOTING: Council Member Webber M&C L-10307 re There was presented Mayor and Council Communication No. L-10307 from the City acquisition of Manager recommending that the City pay a total consideration of $344.00 for an right-of-way from irregularly-shaped strip of land out of Lot C, McKnight Highpoint Addition, as Lot c. McKnight described in Volume 2158, Page 19, Deed Records, Tarrant County, Texas; same being i nt Addi ti o e adjacent to, parallel with, and north of the north right-of-way line of Meadowbrook requir required for r Drive; located at 6150 Meadowbrook Drive; owned by Cecil Dwayne Carter, Independent Drive Executor of the Estate of Edmond Grover Carver; and required for Meadowbrook Drive reconstructook reconstruction reconstruction project from Watson to I-820. It was the consensus of the City Council project from that the right-of-way be acquired as recommended and that the expenditure be charged to Watson to I- 820 Street Improvement Fund GS67, Center No. 016670401320, Account No. 541100. MUOC L-10308 re There was presented Mayor and Council Communication No. L-10308 from the City acquisition of Manager recommending that the City pay a total consideration of $1,000.00 for a two temporary con rectangularly -shaped temporary construction easement out of Tract 1-A-1, J. B. Martin struction ease- Survey, Abstract 1133, as described in Volume 7540, Page 1583, Deed Records, Tarrant ments from Tract County, Texas; same being 10.0 feet in depth and 49.0 feet in length and lying adjacent 1-A-1, J.B. Martir to, parallel with, and within the north right-of-way line of Meadowbrook Drive; and a Survey, Abstract rectangularly -shaped temporary construction easement out of Tract 1-A-1, J. B. Martin 1133 required for Survey, Abstract No. 1133, as described in Volume 7540, Page 1583, Deed Records, Meadowbrook Drive Tarrant County, Texas; same being 9.0 feet in depth and 55.0 feet in length and lying reconstruction adjacent to, parallel with, and within the north right-of-way line of Meadowbrook from Watson to Drive; located at 5682 Meadowbrook Drive; and required for Meadowbrook Drive 1-820 reconstruction from Watson to I-820. It was the consensus of the City Council that the easements be acquired as recommended and that the expenditure be charged to Street Improvement Fund GS67, Center No. 016670401320, Account No. 541100. M&C L-10309 re There was presented Mayor and Council Communication No. L-10309 from the City acquisition of Manager recommending that the City pay a total consideration of $531.00 for two two temporary temporary construction easements out of Lot 25-R, Lee Murray Addition, as described in constructionease- Volume 8909, Page 1535, Deed Records, Tarrant County, Texas; located at 5700 ments from Lot 25 Meadowbrook Drive; owned by Inway Meadowbrook Drive; and required for Meadowbrook Drive -R, Lee Murray reconstruction from Watson to I-820. It was the consensus of the City Council that the Addition required easements be acquired as recommended and that the expenditure be charged to Street for Meadowbrook Improvement Fund GS67, Center No. 016670401320, Account No. 541100. Drive There was presented Mayor and Council Communication No. L-10310 from the City M&C L-10310 re Manager, as follows: acquisition of permanent and SUBJECT: ACQUISITION OF EASEMENT/REHABILITATION OF SANITARY SEWER MAIN 42, temporary constru - LATERAL 527 AND MAIN 383-A/PARCELS 17 AND 18 tion easements from Lot 1, Block 1, RECOMMENDATION: Samuels Avenue Baptist Church It is recommended that approval be given for the acquisition of the property Addition and from described below: Lot 4A 1. Name and Description of Project: Rehabilitation of Sanitary Sewer Main 42, Lateral 527 and Main 383-A 2. Type of Acquisition: Outright Purchase/Permanent and Temporary Construction Easements 3. Description of Land: Minutes of City Council Q-3 Page 382 M&C L-10310 cont. re acquisition of permanent and temporary construc tion easements fro Lot 1, Block 1. Samuels Avenue Baptist Church M&C L-10310 adopte M&C L-10311 re granting of ease- ment and righ-of- way to TU Electric Company for reloca tion of a power pole in conjunctio with the widening Green Oaks Blvd. M&C L-10312 re acquisition of right-of-way in Lot 1, Block 14, Vickery Addition required for re- construction of Troost Street from East Rosedale to Terrell Avneue M&C PZ -1596 re vacating a utility easement 383 TUESDAY, NOVEMBER 13, 1990 Permanent Easement (Parcel 17) - A rectangularly shaped parcel of land 15 feet in width and approximately 93.01 feet in length located across the westerly portion of Lot 1, Block 1, Samuels Avenue Baptist Church Addition, as recorded in Volume 388-112, Page 78, Deed Records, Tarrant County, Texas. This parcel of land contains approximately 1,395 square feet as required for a permanent easement. Construction Easement - A rectangularly shaped parcel of land 25 feet in width and approximately 93.01 feet in length adjacent to the westerly line of said permanent easement. This parcel of land contains approximately 2,325 square feet as required for a construction easement. Permanent Easement (Parcel 18) - A rectangularly shaped parcel of land 15 feet in width and approximately 50.27 feet in length located across the westerly portion of Lot 4A, Mulligan Addition out of the F.G. Mulliken Survey, Abstract No. 1045, as recorded in Volume 6456, Page 289, Deed Records, Tarrant County, Texas. This parcel of land contains approximately 754 square feet as required for a permanent easement. Construction Easement - A rectangularly shaped parcel of land 25 feet in width and approximately 50.27 feet in length adjacent to the westerly line of said permanent easement. This parcel of land contains approximately 1,857 square feet as required for a construction easement. Square Feet: Parcel 17 - Parcel 18 - Zoning: "D" Multi -Family Parcel Nos.: 17 and 18 P. Esmt.: 1,395 C. Esmt.: 2,325 P. Esmt.: 754 C. Esmt.: 1,857 4. Consideration: Payment for land $750.00 Total Consideration $750.OU Supplemental Information: The City also acquired additional right-of-way in the form of a temporary construction easement. This easement will allow the City the right to extend the existing sanitary sewer line from the existing sewer main to the proposed sanitary sewer main without interruption of sanitary sewer service. Once this project is completed, the old sanitary sewer main including manholes will be abandoned. 5. Location: 715 Samuels Avenue 6. Owner: Samuels Avenue Baptist Church 7. Financing: Sufficient funds are available in Sewer Capital Improvements Fund PS58, Center No. 016580170650, Sanitary Sewer Rehabilitation Main 42 and Lateral 527. Expenditures will be made from Account No. 541100. 8. Land Agent: Aleeta Hackney It was the consensus of the City Council that the recommendation, as contained in Mayor and Council Communication L-10310, be adopted. There was presented Mayor and Council Communication No. L-10311 from the City Manager stating that T. U. Electric has requested an easement for the purpose of relocating a utility pole on City property of Village Creek Plant; that the Water Department has reviewed this request and has no objection to this relocation; that the City will not incur any expenses in the granting of this easement; and recommending that the City Manager be authorized to grant an easement and right-of-way to T.U. Electric Company for relocation of a power pole in conjunction with the widening of Green Oaks Boulevard, south of Village Creek Plant. It was the consensus of the City Council that the recommendation be adopted. There was presented Mayor and Council Communication No. L-10312 from the City Manager recommending that the City Council pay a total consideration of $1,010.25 for an irregularly-shaped parcel of land 20 feet in depth and approximately 71.66 feet in length located across the westerly portion of Lot 1, Block 14, Vickery Addition, as recorded in Volume 309, Page 4, Deed Records, Tarrant County, Texas; located at 1151 Troost Street; owned by Eugene Scott; and required for reconstruction of Troost Street from East Rosedale Street to Terrell Avenue. It was the consensus of the City Council that the recommendation be adopted. There was presented Mayor and Council Communication No. PZ -1596 from the City Manager recommending that an ordinance be adopted vacating the east five foot of a ten -foot wide utility easement located to the rear of Lot 19, Block 7, Lost Creek Minutes of City Council Q-3 Page 383 TUESDAY, NOVEMBER 13, 1990 M&C PZ -1596 cont• vacating a utility Addition, as recorded in Volume 388-115, Page 97, P.R.T.C.T. It was the consensus of easement the City Council that the recommendation be adopted. Introduced an Mayor Pro tempore Gilley introduced an ordinance and made a motion that it be Ordinance adopted. The motion was seconded by Council Member Zapata. The motion, carrying with it the adoption of said ordinance, prevailed by the following vote: AYES: Mayor Bolen; Mayor Pro tempore Gilley; Council Members Zapata, Garrison, Granger, McCray, Meadows, Webber, and Chappell NOES: None ABSENT: None The ordinance, as adopted, is as follows: rdi nance No. 10724 ORDINANCE NO. 10724 AN ORDINANCE VACATING, ABANDONING AND CLOSING AND EXTINGUISHING A PORTION OF A UTILITY EASEMENT IN LOT 19, BLOCK 7, LOST CREEK ADDITION; PROVIDING FOR REVERSION OF FEE IN SAID LAND; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. &C C-12602 re There was presented Mayor and Council Communication No. C-12602 from the City uthorized contracl Manager submitting a tabulation of bids received for the water line replacement in i th J.D. Vickers , Northwest 30th Street and for the paving of Northwest 30th Street from Long to Kearney; nc. for water and recommending that the City Council: ine replacement nNW 30 Street and 1. Approve the following fund transfers: uthorized contrac i th Wal Williams FROM TO AMOUNT REASON onstruction, Inc. or the paving of GS94-020940099050. GS67-060670171560 $47,893.00 To provide funds W 30 Street from Special Assessments NW 30th Street for water line ong to Kearney Unspecified Water Replacement replacement plus $4,344.00 for possible change orders. PE45-0609020 PW53-060530171560 $ 5,000.00 To provide funds Water and Sewer NW 30th Street for inspection Operating Fund Water Replacement and survey. GS94-020940099050 GS67-020670401930 $ 3,000.00 To move property Special Assessments NW 30th Street owners's share of Unspecified Long to Kearney cost from revolv- ing fund to pro- ject account. GS67-020670409010 GS67-020670401930 $50,077.26 To provide funds Inner City Streets NW 30th Street for the City's Unspecified Long to Kearney share of con- struction cost plus $3,538.48 for possible change orders. GR76-005206080350 GR76-02020608058 $21,230.91 To provide funds Eleventh Year CDBG NW 30th Street for street con - Inner City Streets Long to Kearney struction. 2. Authorize the City Manager to execute a contract with J.D. Vickers, Inc., in the amount of $43,548.60 based on the low bid for the Water Line Replacement in NW 30th Street; and 3. Authorize the City Manager to execute a contract with Walt Williams Construction, Inc., in the amount of $70,769.69 and 27 working days for the paving of NW 30th Street from Long to Kearney. &C C-12602 It was the consensus of the City Council that the recommendations be adopted. dopted &C C-12603 re There was presented Mayor and Council Communication No. C-12603 from the City icense agreement Manager stating that General Dynamics has used the Botanic Garden's parking lot ermi tti ng General adjacent to the I-30 access road east of Montgomery Street under an eight-year license ynamics to use the agreement with the City of Fort Worth for parking for General Dynamics employees who otanic Garden work in the Montgomery Street Plant; that the Botanic Gardens must reclaim 110 feet at arking lot the east boundary of this lot in order to relocate greenhouses which are in the way of the new demonstration garden; that, in order to replace the parking spaces lost to General Dynamics, the owner of the General Dynamics building has offered an abandoned Minutes of City Council Q-3 Page 384 ass TUESDAY, NOVEMBER 13, 1990 M&C C-12503 cont. 40 -foot railroad right-of-way area for inclusion in the parking area; that the amount re License agree- to be contributed by the City will be paid in the form of a reduction in the 1990-91 ment pervii tti ng Dynamics license fee payment, which is estimated at $1,000.00; that this license agreement is General to use the Botanc for a period of three years and is not renewable; stating that the Cash Management Garden parking Division of the Finance Department will be responsible for collection of the license lot fee which will continue to be deposited in FE72488662-080502101010; and recommending that the City Manager be authorized to execute a license agreement permitting General Dynamics to use the Botanic Gardens parking lot, which is adjacent to the I-30 access road east of Montgomery Street, for a period of three years, non-renewable, at a fee of $18,988.00 per year. It was the consensus of the City Council that the recommendation be adopted. M&C C-12605 re There was presented Mayor and Council Communication No. C-12605 from the City contract with Manager stating that the City Council approved Mayor and Council Communication No. Texas Department G-8641 on May 29, 1990, to implement the Texas Medicaid Assistance Program at the of Human Services Maternal/Child Health Clinics of the Public Health Department; that implementation of to participate this Medicaid Program includes the Maternity Clinic Services Program which offers in a clinic -based antepartum and postpartum care to eligible clients and Early and Periodic Screening program for Texas Diagnosis and Treatment Program which offers Medicaid screening for children; that this Department of contract with TDHS would enable a maximum of three Income Assistance Medicaid workers Human Services to be based at City public health clinics; that the primary duties of a TDHS-assigned Income Assistance/Medicaid worker will be to determine patients' eligibility for Medicaid income assistance and assist with coordination of patient referrals to other TDHS services and to community social services; that the contract would require the City of Fort Worth Contractor to pay TDHS, the single state agency responsible for administering the Medicaid Assistance Program, 50% of actual cost for salary, fringe, and travel for a maximum of three staff positions plus a maximum monthly administrative cost of $220.00 for each TDHS staff person hired; that the remaining 50% salary and fringe cost matched by TDHS will be regarded as inkind contribution for the assistance workers; that the actual cost will be determined by the tenure and past merit raises of the person(s) hired; stating that sufficient funds are available in General Fund GG01, Center No. 0501520, Account No. 539120; and recommending that the City Manager be authorized to execute a contract with the Texas Department of Human Services to participate in a clinic -based program for Texas Department of Human Services staff and expend a maximum amount of $56,000.00 pursuant to this contract in FY 90-91 using funds available in General Fund GG01, Center No. 0501520, Medicaid Program, Account No. 539120. It was the consensus of the City Council that the recommendations be adopted. M&C C-12606 re There was presented Mayor and Council Communication No. C-12606 from the City amendment to M&C Manager stating that the City Council authorized the City Manager to enter into C-12533 in order contracts with the Texas Department of Commerce for implementation of the Job Training to increase the Partnership Act for Title IIA and Title III for the period July 1, 1990, to June 30, limit of classroom 1991; that the City Council authorized services to be procured on a "buy -in" or training expendi - "as -needed" basis; that, because of increased demand for classroom training as a result tures funded under of layoffs by General Dynamics, it is necessary to amend amounts previously authorized JTPA Titles IIA on by Mayor and Council Communication C-12533 for institutions; stating that funds are and III available in Grant Fund GR76, Center No. 008405524010, Account No. 531180; and recommending that the City Manager be authorized to amend Mayor and Council Communication No. C-12533 issued October 2, 1990, in order to increase the limit of classroom training expenditures funded under JTPA Titles IIA and III during the 1990 program year for Texas Aero Tech, American Trade Institute, ITT Technical Institute, Bryan Institute, DeVry Institute of Technology, National Education Center, Arlington Court Reporting College, Texas Wesleyan University, and Love Aviation Training Center. It was the consensus of the City Council that the recommendation be adopted. M&C C-12607 re There was presented Mayor and Council Communication No. C-12607 from the City letter of agreement Manager stating that the City of Fort Worth is continuing to expand its geoprocessing with Lone Star data base in support of infrastructure management; that the City Manager was authorized Gas in April of 1987 to enter into a public partnership agreement between the City and TAD which allowed for data exchange; that the City again has an opportunity to expand its geoprocessing data base by entering into an agreement with Lone Star Gas for data exchange; that the exchange would primarily consist of 1) the City giving base map data to Lone Star Gas in computer form, 2) all gas lines along with future updates provided by Lone Star Gas and delivered to the City of Fort Worth in computer form, 3) and additional compensation to the City of Fort Worth as a part of the exchange; that the revenue received from Lone Star Gas will be used by Information Systems and Services to improve the City mapping system capabilities to include upgrading an existing position; and recommending that the City Council authorize the City Manager to: 1. Enter into a letter of agreement between the City of Fort Worth and Lone Star Gas which allows for data exchange in computer form; 2. Accept payment from Lone Star Gas for hardware, software and services used to provide a current copy of computerized Tarrant County base maps not to exceed $38,000.00 for Year 1, $42,000.00 for Year 2, $42,000.00 for Year 3, and $9,000.00 per year thereafter; providing for a 90 -day termination by either party; and 3. Adopt the attached supplemental appropriations ordinance increasing revenues by $38,000.00 in the General Fund GG01, Account No. 481306, Miscellaneous Revenues, Center No. 0041000, Information Systems and Minutes of City Council Q-3 Page 385 3SG TUESDAY, NOVEMBER 13, 1990 M&C C-12607 cont. Services, and increasing appropriations by $38,000.00 in the General Fund re letter of GG01, Account No. 511010, Center No. 0041000, Information Systems and agreement with Services, from the increased revenues. Lone Star Gas M&C C12607 adopted1lit was the consensus of the City Council that the recommendations be adopted. Introduced an Mayor Pro tempore Gilley introduced an ordinance and made a motion that it be Ordinance adopted. The motion was seconded by Council Member Zapata. The motion, carrying with it the adoption of said ordinance, prevailed by the following vote: AYES: Mayor Bolen; Mayor Pro tempore Gilley; Council Members Zapata, Garrison, Granger, McCray, Meadows, Webber, and Chappell NOES: None ABSENT: None The ordinance, as adopted, is as follows: Ordinance No.II ORDINANCE NO. 10725 10725 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS IN THE GENERAL FUND GGO1, ACCOUNT 481306, MISCELLANEOUS REVENUE, CENTER 0041000, INFORMATION SYSTEMS AND SERVICES OF THE THE CITY OF FORT WORTH FOR FISCAL YEAR 1990-91 BY $38,000.00 IN PAYMENT BY LONE STAR GAS COMPANY FOR DATA EXCHANGE AND APPROPRIATING SAID AMOUNT TO THE GENERAL FUND, GG01, ACCOUNT 511010, CENTER 0041000, INFORMATION SYSTEMS AND SERVICES FOR THE PURPOSE OF FUNDING STAFF POSITION; PROVIDING FOR A SEVERABILITY CLAUSE, MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES AND REPEALING ALL PRIOR ORDINANCES IN CONFLICT HEREWITH;PROVIDING FOR ENGROSSMENT AND ENROLLMENT; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 5. M&C FP -2747 re There was presented Mayor and Council Communication No. FP -2747 from the City contract with Manager stating that Sanitary Sewer M-211 Replacement and Rehabilitation has been Circle C. Constru completed in accordance with plans and specifications under Contract No. 17688 awarded ction Company for to Circle C Construction Company on January 16, 1990; and recommending that the City Sanitary Sewer Council accept as complete the contract with Circle C Construction Company for Sanitary M-211 Replacement Sewer M-211 Replacement and Rehabilitation; approve Change Order No. 1 in the amount of and Rehabilitation $8,449.31; and authorize final payment in the amount of $10,065.18 to Circle C Construction Company. It was the consensus of the City Council that the recommendations be adopted. M&C FP -2748 re There was presented Mayor and Council Communication No. FP -2748 from the City contract to Tri- Manager stating that the Water Main Replacement in Sixth Avenue has been completed in Tech Construction, accordance with plans and specifications under Contract 17977 awarded to Tri -Tech Inc. for Water Construction, Inc, on July 12, 1990; and recommending that the City Council accept as Main Replacement complete Water Main Replacement in Sixth Avenue and authorize final payment in the inSixth Avenue amount of $15,748.74 to Tri -Tech Construction, Inc., with funds available in Street Improvement Fund GS67, Account No. 205078, Center No. 000670171420, and Contract Encumbrance No. 17977, Account No. 541200, Center No. 060670171420. It was the consensus of the City Council that the recommendations be adopted. M&C FP -2749 re There was presented Mayor and Council Communication No. FP -2749 from the City contract to Larry Manager stating that Water Line Replacement in Weiler Boulevard from Meadowbrook Drive H. Jackson Con- to Norma Street has been completed in accordance with plans and specifications awarded struction, Inc. for Water Line Re placement in Weiler Blvd. from Meadow brook Drive to Norma Street Minutes of City Council Q-3 Page 386 This ordinance shall take effect and be in full force and effect from and after the date of its passage, and it is so ordained. M&C C-12608 re There was presented Mayor and Council Communication No. C-12608 from the City amendment with Manager stating that the City Council authorized a lease of property at Fort Worth Pa6e Avjet Corpor Meacham Airport to Page Avjet Corporation on February 27, 1990, for the purpose of ation for Ground allowing that firm to build an aircraft maintenance hangar on site; that the lease, Lease at Fort City Secretary Contract No. 17700, contemplates that the maintenance facility project Worth Meacham Air will be developed in three phases; that the premises leased under the contract is for port the first phase, and the lease contains a contract option for Page Avjet to lease adjacent property for Phases II and III; that, during the process of developing the site plan, after execution of the contract, the parties decided it would be mutually beneficial to locate the first hangar on one of the option sites rather than on the site described in the contract as Phase I site; and recommending that the City Council authorize the City Manager to execute an amendment to City Secretary Contract No. 17700, with Page Avjet Corporation. It was the consensus of the City Council that the recommendation be adopted. M&C FP -2747 re There was presented Mayor and Council Communication No. FP -2747 from the City contract with Manager stating that Sanitary Sewer M-211 Replacement and Rehabilitation has been Circle C. Constru completed in accordance with plans and specifications under Contract No. 17688 awarded ction Company for to Circle C Construction Company on January 16, 1990; and recommending that the City Sanitary Sewer Council accept as complete the contract with Circle C Construction Company for Sanitary M-211 Replacement Sewer M-211 Replacement and Rehabilitation; approve Change Order No. 1 in the amount of and Rehabilitation $8,449.31; and authorize final payment in the amount of $10,065.18 to Circle C Construction Company. It was the consensus of the City Council that the recommendations be adopted. M&C FP -2748 re There was presented Mayor and Council Communication No. FP -2748 from the City contract to Tri- Manager stating that the Water Main Replacement in Sixth Avenue has been completed in Tech Construction, accordance with plans and specifications under Contract 17977 awarded to Tri -Tech Inc. for Water Construction, Inc, on July 12, 1990; and recommending that the City Council accept as Main Replacement complete Water Main Replacement in Sixth Avenue and authorize final payment in the inSixth Avenue amount of $15,748.74 to Tri -Tech Construction, Inc., with funds available in Street Improvement Fund GS67, Account No. 205078, Center No. 000670171420, and Contract Encumbrance No. 17977, Account No. 541200, Center No. 060670171420. It was the consensus of the City Council that the recommendations be adopted. M&C FP -2749 re There was presented Mayor and Council Communication No. FP -2749 from the City contract to Larry Manager stating that Water Line Replacement in Weiler Boulevard from Meadowbrook Drive H. Jackson Con- to Norma Street has been completed in accordance with plans and specifications awarded struction, Inc. for Water Line Re placement in Weiler Blvd. from Meadow brook Drive to Norma Street Minutes of City Council Q-3 Page 386 S7 TUESDAY, NOVEMBER 13, 1990 M&C CP -2749 cont. re contract to under Contract 17855 to Larry H. Jackson Construction, Inc., on May 8, 1990; and Larry H. Jackson recommending that the City Council accept as complete the contract with Larry H. Construction, Inc. Jackson Construction, Inc., for Water Line Replacement in Weiler Boulevard from for water line re- Meadowbrook Drive to Norma Street and authorize final payment in the amount of placement $14,797.04 to Larry H. Jackson Construction, Inc., with funds available in Water Capital Improvement Fund GS67, Retainage Account No. 205083, Center No. 000670171460; Contract Encumbrance No. 17855, Center No. 060670171460; Sewer Capital Improvement Fund PS58, Retainage Account No. 205022, Center No. 000580171030, and Contract Encumbrance No. 17855, Account No. 541200, Center No. 070580171030. It was the consensus of the City Council that the recommendations be adopted. It appearing to the City Council that Resolution No. 1680 was adopted by the City Council of the City of Fort Worth, Texas, on October 23, 1990, setting today as the date for hearing in connection with recommended changes and amendments to Zoning Ordinance No. 3011, and the due notice of the hearing has been given by publication in the Fort Worth Star -Telegram, the official newspaper of the City of Fort Worth, Mayor Bolen asked if there was anyone present desiring to be heard. There being no one else present desiring to be heard in connection with the recommended changes and amendments to Zoning Ordinance No. 3011, Mayor Pro tempore Gilley made a motion, seconded by Council Member Zapata, that the hearing be closed and that the recommended changes in zoning, be approved, as follows: Z-90-113II Z-90-113 LONGVIEW BANK & TRUST COMPANY by Jim Austin 5809 East Lancaster Avenue From "E" Commercial to "F -R" Restricted Commercial Z -90-115Z-90-115 Z-90-115 KENNETH MERREL HOPKINS by H. Dennis Hopkins 2800-2812 Prairie Avenue From "E" and "F" Commercial to "I" Light Industrial Z-90-116 Z-90-116 ARCO PIPELINE COMPANY by Carter & Burgess, Inc. Northwest corner of Highway 157 and C. R.I. & G.R.R. From "AG" Agricultural to "K" Heavy Industrial Z -90-117Z-90-117 Z-90-117 THE PEROT GROUP by H. Dennis Hopkins Southeast corner of I.H. 35W and Keller -Haslet Road From "AG" Agricultural to "G" Commercial Z -90-119Z-90-119 Z-90-119 ANN & PETER STAHL by Linda Sepulvado 908 Dorothy Lane From "B" Two -Family to "B/HC" Two-Family/Historic and "Cultural Subdistrict Council Member Chappell requested permission of the City Council to abstain from voting on Zoning Docket No. Z-90-120 involving Fort Worth Independent School District. Council Member Zapata made a motion, seconded by Council Member Garrison, that Council Member Chappell be permitted to abstain from voting on Zoning Docket No. Z-90-120. When the motion was put to a vote by the Mayor, it prevailed unanimously. Z-90-120 approved Mayor Pro tempore Gilley made a motion, seconded by Council Member Zapata, that the application of North Hi Mount Elementary School/Fort Worth Independent School District for a change in zoning of property located at 3801 West Seventh Street from "B" Two -Family and "C" Multi -Family to "B/HC" Two-Family/Historic and Cultural Subdistrict and "C/HC" Multi-Family/Historic and Cultural Subdistrict, Zoning Docket No. Z-90-120 be approved. When the motion was put to a vote by the Mayor, it prevailed by the following votes: AYES: Mayor Bolen; Mayor Pro tempore Gilley; Council Members Zapata, Garrison, Granger, McCray, Meadows, and Webber NOES: None ABSENT: None NOT VOTING: Council Member Chappell Mayor Pro tempore Gilley introduced an ordinance and made a motion that it be Introduced a n adopted. The motion was seconded by Council Member Zapata. The motion, carrying with Ordinance it the adoption of said ordinance, prevailed by the following vote: AYES: Mayor Bolen; Mayor Pro tempore Gilley; Council Members Zapata, Garrison, Granger, McCray, Meadows, and Webber Minutes of City Council Q-3 Page 387 M, TUESDAY, NOVEMBER 13, 1990 NOES: None ABSENT: None NOT VOTING: Council Member Chappell (Zoning Docket No. Z-90-120 only) The ordinance, as adopted, is as follows: Ordinance No. ORDINANCE NO. 10726 10726 AN ORDINANCE AMENDING THE COMPREHENSIVE ZONING ORDINANCE, ORDINANCE NO. 3011, AS AMENDED, SAME BEING AN ORDINANCE REGULATING AND RESTRICTING THE LOCATION AND USE OF BUILDINGS, STRUCTURES, AND LAND FOR TRADE, INDUSTRY, RESIDENCE OR OTHER PURPOSES, THE HEIGHT, NUMBER OF STORIES AND SIZE OF BUILDINGS AND OTHER STRUCTURES, THE SIZE OF YARDS AND OTHER OPEN SPACES, OFF-STREET PARKING AND LOADING, AND THE DENSITY OF POPULATION, AND FOR SUCH PURPOSES DIVIDING THE MUNICIPALITY INTO DISTRICTS OF SUCH NUMBER, SHAPE AND AREA AS MAY BE DEEMED BEST SUITED TO CARRY OUT THESE REGULATIONS AND SHOWING SUCH DISTRICTS AND THE BOUNDARIES THEREOF UPON "DISTRICT MAPS"; PROVIDING FOR INTERPRETATION, PURPOSE AND CONFLICT; PROVIDING THAT THIS ORDINANCE SHALL BE CUMULATIVE OF ALL ORDINANCES; PROVIDING A SAVINGS CLAUSE; PROVIDING A SEVERABILITY CLAUSE; PROVIDING A PENAL CLAUSE; PROVIDING FOR ENGROSSMENT AND ENROLLMENT; PROVIDING FOR PUBLICATION AND NAMING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 6. That any person, firm or corporation who violates, disobeys, omits, neglects or refuses to comply with or who resists the enforcement of any of the provisions of this ordinance shall be fined not more than Two Thousand Dollars ($2,000.00) for each offense. Each day that a violation is permitted to exist shall constitute a separate offense. Z-90-114 denial Mayor Pro tempore Gilley made a motion, seconded by Council Member McCray, that the recommendation of the City Zoning Commission for the denial of the application of Ricky Lane Reed for a change in zoning of property located at 4201 Miller Avenue from "E" Commercial and "B" Two -Family to "F -R" Restricted Commercial, Zoning Docket No. Z-90-114, be upheld. When the motion was put to a vote by the Mayor, it prevailed unanimously. Z-90-121 bar It appearing to the City Council that on October 16, 1990, the City Council zoning continued the Special City Council Zoning Hearing on a proposed Zoning Ordinance text amendment amending Section 17, Nonconforming Use Regulations, and amending Section 20 - Board of Adjustment, by providing the Board of Adjustment the power to terminate and amortize Nonconforming Uses, Zoning Docket No. Z-90-121, and a proposed Zoning Ordinance text amendment adding Section 18, Subsection E, regulating the location of bars in "F" and "G" Commercial Districts, requiring the termination of certain legal Nonconforming Uses, allowing the Zoning Board of Adjustment to grant special exceptions for certain bars in "F" and "G" Commercial Districts, and permitting the Zoning Board of Adjustment to extend the period for termination of certain legal Nonconforming Uses, by revising Section 20 of Ordinance No. 3011 to permit the Zoning Board of Adjustment to grant special exceptions for certain bars in "F" and "G" Commercial Districts, Zoning Docket No. Z-90-112, from day to day and from time to time, and specially to the meeting of November 30, 1990, to give every interested person or citizen opportunity to 'be heard, Mayor Bolen asked if there was anyone present desiring to be heard. Mayor Bolen read Mayor Bolen read into the record correspondence, from the Rosemont Neighborhood a correspondence Association, as follows: from the Rose- mont Neighbor- hood Association November 10, 1990 Mayor Bob Bolen City Council Members 1000 Throckmorton Fort Worth, TX 76102 Mayor Bolen and Council Members We understand that you will be addressing the "Bar Ordinance" on Tuesday, November 13, 1990. This is to inform the Council that our position on this issue has not changed and we will be looking forward to you taking the action needed to rectify our problem. Minutes of City Council Q-3 Page 388 389 TUESDAY, NOVEMBER 13, 1990 Cont. correspondenc. We would like for this letter to be read into the official record at your read from the November 13 meeting. Rosemont Neighbor- hood Association Thank You, /s/Robert Snoke Robert Snoke Robert Snoke and Rosemont Neighborhood Association, Inc. Board of Directors Z-90-112 was re- Council Member Chappell made a motion, seconded by Council Member Granger, that ferred back to the Zoning Ordinance text amendment, amending Ordinance No. 3011, as amended, the Nonconforming Use Comprehensive Zoning Ordinance of the City of Fort Worth, Texas, codified as Committee Appendix "A" of the Code of the City of Fort Worth (1986) as amended, by amending Section 17, Non -Conforming Use Regulations; by amending Section 20 - Board of 420 Missouri Avenue, appeared before the City Council and Adjustment by providing the Board of Adjustment the power to terminate and amortize the bar ordinance. Nonconforming Uses, Zoning Docket No. Z-90-121, be referred back to the Nonconforming Use Committee, formerly known as the Bar Zoning Committee. Mr. Joe Bi lardi Mr. Joe Bil ardi, Director of the Development Department, appeared before the City re Z-90-121 and Council and explained the differences between Zoning Docket No. Z-90-121 and Zoning Z-90-112 Docket No. Z-90-112 and presented the City Council with an alternative Nonconforming Use Ordinance. Council Member Garrison requested that the Bar Committee be expanded to include the entire City Council. City Attorney Adki City Attorney Adkins advised the City Council that the hearing involving Zoning re Z-90-121 Ordinance text amendment, Z-90-121, will need to be readvertised unless the City Council sets a meeting time and place at this hearing. Mr. Terry Thompson Mr. Terry Thompson, 725 Woodland, appeared before the City Council and encouraged re Z-90-321 the City Council to continue its work on the Bar Ordinance and questioned whether or not the approval of the ordinance would in any way prohibit a referendum election being held in order to make Fort Worth a dry area. Mrs. Juanita Mrs. Juanita Salinas, 4109 South Henderson, appeared before the City Council and Salinas re expressed opposition to the bar ordinance. Z-90-121 Mr. Dick E. Salina Mr. Dick E. Salinas, 421 East Mason Street, appeared before the City Council and re Z-90-323 I expressed opposition to the bar ordinance. Mr. Joe Bi lardi Mr. Joe Bi lardi , Director of the Development Department, appeared before the City re fee to allow Council and advised the City Council that the application fee to allow the Zoning Board the Zoning Board of Adjustment to grant special exceptions for certain bars in "F" and "G" Commercial of Adjustment Districts is $350.00. Mr. Don Stanley re Mr. Don Stanley, 420 Missouri Avenue, appeared before the City Council and Z-90-121 expressed opposition to the bar ordinance. Mr. Billy Ray Hi i l Mr. Billy Ray Hill, 704 South Jennings Avenue, appeared before the City Council re Z-90-121 and expressed opposition to the bar ordinance. Ms. Cathy Swan re Ms. Cathy Swan, 809 Eastwood Village II, appeared before the City Council and Z-90-121 expressed opposition to the bar ordinance. Mr. Ronald Blanken Mr. Ronald Blankenship, Post Office Box 1003, appeared before the City Council and ship re Z-90-121 expressed opposition to the bar ordinance. Mr. Jimmy Boyd re Mr. Jimmy Boyd, representing the Food and Beverage Association of Texas, appeared Z-90-121 before the City Council and expressed opposition to the bar ordinance and proposed that a Business Standards Committee, as well as a Complaint Committee, be created. Mr. John Trice re Mr. John Trice, 7525 Lorie Drive, representing the Carroll Oaks Neighborhood Z-90-121 Association, appeared before the City Council and requested that the City Council give favorable consideration to Zoning Docket Nos. Z-90-121 and Z-90-112. Ms. Anne Smith re Ms. Anne Smith, representing the League of Neighborhoods, appeared before the City Z-90-121 Council and expressed support to the Legal Nonconforming Ordinance with the exception of the 500 feet distance between a church, public or private school, public park or residential zoning and advised the City Council that the League of Neighborhoods will be willing to assist the City Council in the fine tuning of this ordinance if referred back to the Bar Zoning Committee. Ms. Anne Smith re Ms. Anne Smith, representing the League of Neighborhoods, appeared before the City Z-90-121 Council and expressed support to the Legal Nonconforming Ordinance with the exception of the 500 feet distance between a church, public or private school, public park or residential zoning and advised the City Council that the League of Neighborhoods will Minutes of City Council Q-3 Page 389 TUESDAY, NOVEMBER 13, 1990 Ms. Anne Smith be willing to assist the City Council in the fine tuning of this ordinance if referred cont. re back to the Bar Zoning Committee. Z-90-121 Mr. Daniel Cetina, 4200 South Freeway, Suite 100, representing the Hemphill Mr. Daniel Cetina Corridor Task Force, appeared before the City Council and expressed support for the bar re Z-90-121 ordinance. Ms. Nancy Wells Ms. Nancy Wells, 500 Queensway Road, appeared before the City Council and re Z-90-121 expressed opposition to the bar ordinance. Mr. Craig Campbell Mr. Craig Campbell, 7703 Highway 80 West, appeared before the City Council and re Z-90-121 expressed opposition to the bar ordinance, and requested that the City Council look within the permitting processes of the City of Fort Worth to determine what should actually be recommended rather than the proposed bar ordinance. When the motion that Zoning Ordinance text amendment, amending Ordinance No. 3011, as amended, the Comprehensive Zoning Ordinance of the City of Fort Worth, Texas, codified as Appendix "A" of the Code of the City of Fort Worth (1986) as amended, by amending Section 17, Non -Conforming Use Regulations; by amending Section 20 - Board of Adjustment by providing the Board of Adjustment the power to terminate and amortize Nonconforming Uses, Zoning Docket No. Z-90-121, be referred back to the Nonconforming Use Committee, formerly known as the Bar Zoning Committee, was put to a vote by the Mayor, it prevailed by the following vote: AYES: Mayor Bolen; Mayor Pro tempore Gilley; Council Members Garrison, Granger, McCray, Meadows, Webber, and Chappell NOES: None ABSENT: Council Member Zapata Council Member Zapata assumed his place at the Council table at this time. Council Member Chappell made a motion, seconded by Council Member Granger, that Zoning Docket No. Z-90-112 amending Section 18, Subsection E, of the Comprehensive Zoning Ordinance by adding provisions regulating the location of bars in "F" and "G" Commercial Districts, requiring the termination of certain Legal Nonconforming Uses, allowing the Zoning Board of Adjustment to grant special exceptions for certain bars in "F" and "G" Commercial Districts, permitting the Zoning Board of Adjustment to extend the period for termination of certain Legal Nonconforming Uses; revising Section 20 of Ordinance No. 3011 by permitting the Zoning Board of Adjustment to grant special . exceptions for certain bars in "F" and "G" Commercial Districts be approved, as amended by adding a "one year" amortization in the period blank space on Page 3 of the ordinance. Mr. Dave Motheral Mr. Dave Motheral, representing the Historic Southside Business Association, re Z-90-112 appeared before the City Council and expressed support for the passage of the Bar Ordinance. Ms. Mary Jo Ms. Mary Jo Thomas -Kimball, Chairman of the Board of Adjustment, appeared before Thomas -Kimball re the City Council and expressed opposition to the referral of Zoning Docket No. Z-90-121 Z-90-121 back to the Bar Committee and advised Council that, in her opinion, there is no support for that ordinance. Mr. Jack Tollett Mr. Jack Tollett, 1144 Clara Street, appeared before the City Council in support re Z-90-112 of Zoning Docket No. Z-90-112 and requested that the portion of the ordinance be changed in regard to permanent exemption of bars. Mr. Steve Swander Mr. Steve Swander, 315 Main Street, appeared before the City Council and expressed re Z-90-112 opposition to the bar ordinance and advised the City Council that in his opinion the ordinance is discriminatory as it is written; that the focus of the Committee should be directed on problem bars. Ms. Sally Noble Ms. Sally Noble, 5677 Westcreek, appeared before the City Council and expressed re Z-90-112 opposition to the bar ordinance. Mr. Daniel Mr. Daniel Tartaglia, Assistant City Attorney, appeared before the City Council T ar taglia re regarding the continuance of Ms. Noble's bar should the bar ordinance be enacted. Z-90-112 Mr. Jim Schell Mr. Jim Schell, 901 Fort Worth Club, appeared before the City Council and re Z-90-112 requested that the City Council deal with problem bars and expressed opposition to Zoning Docket No. Z-90-112, and advised City Council that, in his opinion, sections of the Fort Worth City Code, if enforced, would solve certain problems at bars. Mr. Russell Mr. Russell Lancaster, 8001 Meadowbrook Drive, appeared before the City Council Lancaster re and requested that the City Council approve Zoning Docket No. Z-90-112. Z-90-112 ' Mr. Bob Jones Mr. Bob Jones, 3116 Alta Mere, appeared before the City Council and expressed re Z-90-112 opposition to Zoning Docket No. Z-90-112. Minutes of City Council Q-3 Page 390 TUESDAY, NOVEMBER 13, 1990 When the motion, that Zoning Docket No. Z-90-112 amending Section 18, Z-90-112 cont. When E, of Zoning Ordinance by adding provisions regulating the location of bars in "F" and "G" Commercial Districts, requiring the termination of certain Legal Nonconforming Uses, allowing the Zoning Board of Adjustment to grant special exceptions for certain bars in "F" and "G" commercial Districts, permitting the Zoning Board of Adjustment to extend the period for termination of certain Legal Nonconforming Uses; revising Section 20 of Ordinance No. 3011 by permitting the Zoning Board of Adjustment to grant special exceptions for certain bars in "F" and "G" Commercial Districts, be approved, as amended by adding a "one year" amortization period in the blank space on Page 3 of the ordinance, was put to a vote by the Mayor, it prevailed by the following vote: AYES: Mayor Bolen; Council Members Garrison, Granger, Webber, and Chappell NOES: Mayor Pro tempore Gilley; Council Members Zapata, McCray, and Meadows ABSENT: None Council Member Garrison made a motion, seconded by Council Member Chappell, that the City Council reconsider Zoning Docket No. Z-90-112, Zoning Ordinance text amendment. When the motion was put to a vote by the Mayor, it prevailed unanimously. Council Member Chappell made a motion, seconded by Council Member Granger, that the City Council overturn the recommendation of the Zoning Commission for denial of Zoning Docket No. Z-90-112. When the motion was put to a vote by the Mayor, it prevailed by the following vote: AYES: Mayor Bolen; Council Members Garrison, Granger, Webber, and Chappell NOES: Mayor Pro tempore Gilley; Council Members Zapata, McCray, and Meadows ABSENT: None Introduced an Council Member Chappell introduced an ordinance and made a motion that it be Ordinance adopted. The motion was seconded by Council Member Granger. The motion, carrying with it the adoption of said ordinance, prevailed by the following vote: AYES: Mayor Bolen; Council Members Garrison, Granger, Webber, and Chappell NOES: Mayor Pro tempore Gilley; Council Members Zapata, McCray, and Meadows ABSENT: None The ordinance, as adopted, is as follows: Ordinance No.II ORDINANCE NO. 10727 10721 AN ORDINANCE AMENDING THE COMPREHENSIVE ZONING ORDINANCE OF THE CITY OF FORT WORTH, BEING ORDINANCE NO. 3011, AS AMENDED, CODIFIED AS APPENDIX "A" OF THE CODE OF THE CITY OF FORT WORTH, TEXAS (1986), AS AMENDED, BY ADDING PROVISIONS TO SECTION 18, SUBSECTION E, REGULATING THE LOCATION OF BARS IN "F" AND "G" COMMERCIAL DISTRICTS, TO REQUIRE THE TERMINATION OF CERTAIN LEGAL NONCONFORMING USES, TO ALLOW THE ZONING BOARD OF ADJUSTMENT TO GRANT SPECIAL EXCEPTIONS FOR CERTAIN BARS IN "F" AND "G" COMMERCIAL DISTRICTS, AND TO PERMIT THE ZONING BOARD OF ADJUSTMENT TO EXTEND THE PERIOD FOR TERMINATION OF CERTAIN LEGAL NONCONFORMING USES; BY REVISING SECTION 20 OF ORDINANCE NO. 3011 TO PERMIT THE ZONING BOARD OF ADJUSTMENT TO GRANT SPECIAL EXCEPTIONS FOR CERTAIN BARS IN "F" AND "G" DISTRICTS; PROVIDING THAT THIS ORDINANCE SHALL BE CUMULATIVE; PROVIDING A SEVERABILITY CLAUSE; PROVIDING A SAVINGS CLAUSE; PROVIDING FOR ENGROSSMENT AND ENROLLMENT; PROVIDING FOR PUBLICATION IN PAMPHLET FORM; PROVIDING A PENALTY; PROVIDING FOR PUBLICATION IN THE OFFICIAL NEWSPAPER; AND PROVIDING AN EFFECTIVE DATE. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 5. Any person, firm or corporation who violates, disobeys, omits, neglects or refuses to comply with or who resists the enforcement of any of the Minutes of City Council Q-3 Page 391 TUESDAY, NOVEMBER 13, 1990 Ordinance No. provisions of this ordinance shall be fined not more than Two Thousand 10727 cont. Dollars ($2,000.00) for each offense. Each day that a violation is permitted to exist shall constitute a separate offense. SECTION 10. Council Member Zapata made a motion, seconded by Council Member Chappell, that the recommendation, as contained in Mayor and Council Communication No. C-12606 be approved. When the motion was put to a vote by the Mayor, it prevailed by the following vote: AYES: Mayor Pro tempore Gilley; Council Members Zapata, Garrison, Granger, McCray, Meadows, Webber, and Chappell NOES: ABSENT: NOT VOTING: None None Mayor Bolen Consent agenda Council Member Chappell made a motion, seconded by Council Member Zapata, that the approved as amend- consent agenda, as amended, be approved. When the motion was put to a vote by the ed Mayor, it prevailed unanimously. M&C G-8903 re There was presented Mayor and Council Communication No. G-8903 from the City Notice of Inten�- Manager stating that the City Council authorized publication of Notice of Intention to tion to Issue Issue Certificates of Obligation on October 23, 1990, for the purpose of providing Certificates of funds for an airport control tower; that notice has been published for two consecutive Obligation weeks as provided by law, setting November 13, 1990, as the date for adoption of the ordinance authorizing issuance of certificates; and recommending that the City Council adopt an ordinance authorizing issuance of $6,000,000.00 in certificates of obligation; engage the firm of McCall, Parkhurst and Horton to issue the legal opinion on the certificates; and engage the firm of First Southwest Company to serve as financial advisor in the transaction. On motion of Mayor Pro tempore Gilley, seconded by Council Member Garrison, the recommendations were adopted. Introduced an Mayor Pro tempore Gilley introduced an ordinance and made a motion that it be Ordinance adopted. The motion was seconded by Council Member Garrison. The motion, carrying with it the adoption of said ordinance, prevailed by the following vote: AYES: Mayor Bolen; Mayor Pro tempore Gilley; Council Members Zapata, ,Garrison, Granger, McCray, Meadows, Webber, and Chappell NOES: None Minutes of City Council Q-3 Page 392 This ordinance shall be in full force and effect from and after its passage and publication as required by law, and it is so ordained. Mr. Wilson Nash Mr. Wilson Nash and wife, Wanda Nash, appeared before the City Council regarding and wife, Wanda the alleged loss of three businesses; problems involving the Police Department; Code Nash re alleged Enforcement Department; and informed the City Council that his children have now been problems incurred taken into Child Protective Custody and stated that he will continue to fight for his by h i s fami i y re- family and advised the City Council of his intent to file a lawsuit against the City of gardi ng the loss Fort Worth. of businesses, problems with the Council Member Chappell made a motion, seconded by Council Member Garrison, that Police Department, the City Council reconsider the consent agenda at this time. When the motion was put and loss of child- to a vote by the Mayor, it prevailed unanimously. ren Council Member Mayor Bolen requested that Mayor and Council Communication No. C-12606 be Chappell reconside withdrawn from the consent agenda and advised the City Council that he is disqualified consent agenda from voting on Mayor and Council Communication No. C-12606 since he is on the Board of Mayor Bolen re Trustees at Texas Wesleyan College. M&C C-12606 be withdrawn from There was presented Mayor and Council Communication No. C-12606 from the City consent agenda Manager stating that the City Council authorized the City Manager to enter into M&C C-12606 re contracts with the Texas Department of Commerce for implementation of the Job Training contracts with the partnership Act for Title IIA and Title III for the period July 1, 1990, to June 30, Texas Department 1991; that the City Council authorized services to be procured on a "buy -in" or of Commerce for "as -needed" basis; that, because of increased demand for classroom training as a result implementation of of layoffs by General Dynamics, it is necessary to amend amounts previously authorized the Job Training on by Mayor and Council Communication C-12533 for institutions; stating that funds are Partnership Act available in Grant Fund GR76, Center No. 008405524010, Account No. 531180; and for Title IIA and recommending that the City Manager be authorized to amend Mayor and Council Title i i i Communication No. C-12533 issued October 2, 1990, in order to increase the limit of classroom training expenditures funded under JTPA Titles IIA and III during the 1990 program year for Texas Aero Tech, American Trade Institute, ITT Technical Institute, Bryan Institute, DeVry Institute of Technology, National Education Center, Arlington Court Reporting College, Texas Wesleyan University, and Love Aviation Training Center. Council Member Zapata made a motion, seconded by Council Member Chappell, that the recommendation, as contained in Mayor and Council Communication No. C-12606 be approved. When the motion was put to a vote by the Mayor, it prevailed by the following vote: AYES: Mayor Pro tempore Gilley; Council Members Zapata, Garrison, Granger, McCray, Meadows, Webber, and Chappell NOES: ABSENT: NOT VOTING: None None Mayor Bolen Consent agenda Council Member Chappell made a motion, seconded by Council Member Zapata, that the approved as amend- consent agenda, as amended, be approved. When the motion was put to a vote by the ed Mayor, it prevailed unanimously. M&C G-8903 re There was presented Mayor and Council Communication No. G-8903 from the City Notice of Inten�- Manager stating that the City Council authorized publication of Notice of Intention to tion to Issue Issue Certificates of Obligation on October 23, 1990, for the purpose of providing Certificates of funds for an airport control tower; that notice has been published for two consecutive Obligation weeks as provided by law, setting November 13, 1990, as the date for adoption of the ordinance authorizing issuance of certificates; and recommending that the City Council adopt an ordinance authorizing issuance of $6,000,000.00 in certificates of obligation; engage the firm of McCall, Parkhurst and Horton to issue the legal opinion on the certificates; and engage the firm of First Southwest Company to serve as financial advisor in the transaction. On motion of Mayor Pro tempore Gilley, seconded by Council Member Garrison, the recommendations were adopted. Introduced an Mayor Pro tempore Gilley introduced an ordinance and made a motion that it be Ordinance adopted. The motion was seconded by Council Member Garrison. The motion, carrying with it the adoption of said ordinance, prevailed by the following vote: AYES: Mayor Bolen; Mayor Pro tempore Gilley; Council Members Zapata, ,Garrison, Granger, McCray, Meadows, Webber, and Chappell NOES: None Minutes of City Council Q-3 Page 392 TUESDAY, NOVEMBER 13, 1990 ABSENT: None The ordinance, as adopted, is as follows: Ordinance No. ORDINANCE NO. 10720 10720 BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS, PROVIDING FOR THE ISSUANCE OF $6,000,000 CITY OF FORT WORTH, TEXAS COMBINATION TAX AND REVENUE CERTIFICATES OF OBLIGATION, SERIES 1990; PROVIDING FOR THE LEVY, ASSESSMENT AND COLLECTION OF A TAX SUFFICIENT TO PAY THE INTEREST ON SAID CERTIFICATES OF OBLIGATION AND TO CREATE A SINKING FUND FOR THE REDEMPTION THEREOF AT MATURITY; PLEDGING CERTAIN SURPLUS REVENUES IN SUPPORT OF SAID CERTIFICATES; PRESCRIBING THE FORM OF SAID CERTIFICATES OF OBLIGATION; AND ORDAINING OTHER MATTERS RELATING TO THE SUBJECT WHEREAS, on the 23rd day of October, 1990, the City Council of the City of Fort Worth (the "City" or the "Issuer") passed an ordinance authorizing and directing notice of its intention to issue the Certificates of Obligation herein authorized to be issued, to be published in a newspaper as required by Section 271.049 of the Texas Local Government Code; and WHEREAS, said notice was published in the Fort WorthStar-Telegram, as required by said Section 271.049 of the Texas Local Government Code on October 26, 1990 and November 2, 1990; and WHEREAS, no petition, signed by 5% of the qualified electors of said City as permitted by said Section 271.049 of the Texas Local Government Code protesting the issuance of such Certificates of Obligation, has been filed; and WHEREAS, said notice afforded the citizens of the City the opportunity to comment on the issuance of the Certificates of Obligation herein authorized to be issued and the facilities to be financed thereby, in satisfaction of the requirements of section 147(f) of the Internal Revenue Code 1986, as amended (the "IRS Code"); and WHEREAS, prior to the consideration of the adoption of this Ordinance, the City conducted a public hearing on the issuance of the Certificates of Obligation herein authorized and the facilities to be financed thereby, in accordance with the provisions of said section 147(f) of the IRS Code, at which the opportunity to comment was provided to members of the general public; and WHEREAS, the Certificates of Obligation hereinafter authorized are to be issued and delivered pursuant to Subchapter C of Chapter 271 of the Texas Local Government Code; BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: Section 1. AUTHORIZATION OF CERTIFICATES OF OBLIGA- TION. That said City's Certificates of Obligation, to be designated the "City of Fort Worth, Texas Certificates of Obligation, Series 1990", are hereby authorized to be issued and delivered in the principal amount of $6,000,000 for the purpose of providing part of the funds for paying contrac- tual obligations to be incurred for the construction of an air traffic control tower at Alliance Airport, and the payment of the engineering, legal and fiscal services related thereto. Section 2. DATE, DENOMINATIONS, NUMBERS AND MATURI- TIES. That said Certificates of Obligation shall initially be issued, sold and delivered hereunder as fully registered certificates, without interest coupons, dated November 1, 1990, in the respective denominations and principal amounts hereinafter stated, numbered consecutively from One (1) upward, payable to the respective initial registered owners thereof, or to the registered assignee or assignees of said certificates or any portion or portions thereof (in each case, the "Registered Owner"), and said Certificates of Obligation shall mature and be payable on March 1 in each of the years and in the principal amounts as follows: PRINCIPAL YEAR AMOUNT 1993 $325,000 1994 325,000 1995 325,000 1996 325,000 Minutes of City Council Q-3 Page 393 304 TUESDAY, NOVEMBER 13, 1990 The term "Certificates" as used in this Ordinance shall mean and include collectively the Certificates of Obligation initially issued and delivered pursuant to this Ordinance and all substitute Certificates of Obligation exchanged therefor, as well as all other substitute Certificates of Obligation and replacement Certificates of Obligation issued pursuant hereto, and the term "Certificate" shall mean any of the Certificates. Section 3. REDEMPTION. (a) That the City reserves the right to redeem the Certificates of Obligation maturing on and after March 1, 1997, in whole or in part, on March 1, 1996, and on any date thereafter, for the principal amount thereof plus accrued interest to the date fixed for redemption. The years of maturity of the Certificates called for redemption at the option of the City prior to stated maturity shall be selected by the City. The Certificates or portions thereof redeemed within a maturity shall be selected by lot or other method by the Paying Agent/Registrar (hereinafter defined). (b) At least 30 days prior to the date fixed for any such redemption, the City shall cause (i) a written notice of such redemption to be deposited in the United States mail, postage prepaid, addressed to each registered owner at his address shown on the Registration Books (hereinafter defined) of the Paying Agent/Registrar and (ii) notice of such redemption to be published one (1) time in a financial journal or publication of general circulation in the United States of America carrying as a regular feature notices of municipal bonds called for redemption; provided, however, that the failure to send, mail, or receive such notice described in (i) above, or any defect therein or in the sending or mailing thereof, shall not affect the validity or effectiveness of the proceedings for the redemption of any Certificate, and it is hereby specifically provided that the publication of notice described in (ii) above shall be the only notice actually required in connection with or as a prerequisite to the redemption of any Certificates. By the date fixed for any such redemption, due provision shall be made with the Paying Agent/Registrar for the payment of the required redemption price for the Certificates or the portions thereof which are to be so redeemed, plus accrued interest thereon to the date fixed for redemption. If the notice of redemption is given, and if due provision for such payment is made, all as provided above, the Certificates or the portions thereof which are to be so redeemed thereby automatically shall be redeemed prior to their scheduled maturities, and shall not bear interest after the date fixed for redemption, and shall not be regarded as being outstanding except for the right of the registered owner to receive the redemption price plus accrued interest to the date fixed for redemption from the Paying Agent/Registrar out of the funds provided for such payment. Section 4. INTEREST. The Certificates scheduled to mature during the years, respectively, set forth below shall bear interest at the following rates per annum: maturities 1997 325,000 Ordinance No. 1998 325,000 10720 cont. 1999 325,000 maturities 2000 325,000 maturities 2001 325,000 maturities 2002 325,000 maturities 2003 325,000 maturities 2004 325,000 maturities 2005 350,000 maturities 2006 350,000 maturities 2007 350,000 maturities 2008 350,000 maturities 2009 350,000 maturities 2010 350,000 The term "Certificates" as used in this Ordinance shall mean and include collectively the Certificates of Obligation initially issued and delivered pursuant to this Ordinance and all substitute Certificates of Obligation exchanged therefor, as well as all other substitute Certificates of Obligation and replacement Certificates of Obligation issued pursuant hereto, and the term "Certificate" shall mean any of the Certificates. Section 3. REDEMPTION. (a) That the City reserves the right to redeem the Certificates of Obligation maturing on and after March 1, 1997, in whole or in part, on March 1, 1996, and on any date thereafter, for the principal amount thereof plus accrued interest to the date fixed for redemption. The years of maturity of the Certificates called for redemption at the option of the City prior to stated maturity shall be selected by the City. The Certificates or portions thereof redeemed within a maturity shall be selected by lot or other method by the Paying Agent/Registrar (hereinafter defined). (b) At least 30 days prior to the date fixed for any such redemption, the City shall cause (i) a written notice of such redemption to be deposited in the United States mail, postage prepaid, addressed to each registered owner at his address shown on the Registration Books (hereinafter defined) of the Paying Agent/Registrar and (ii) notice of such redemption to be published one (1) time in a financial journal or publication of general circulation in the United States of America carrying as a regular feature notices of municipal bonds called for redemption; provided, however, that the failure to send, mail, or receive such notice described in (i) above, or any defect therein or in the sending or mailing thereof, shall not affect the validity or effectiveness of the proceedings for the redemption of any Certificate, and it is hereby specifically provided that the publication of notice described in (ii) above shall be the only notice actually required in connection with or as a prerequisite to the redemption of any Certificates. By the date fixed for any such redemption, due provision shall be made with the Paying Agent/Registrar for the payment of the required redemption price for the Certificates or the portions thereof which are to be so redeemed, plus accrued interest thereon to the date fixed for redemption. If the notice of redemption is given, and if due provision for such payment is made, all as provided above, the Certificates or the portions thereof which are to be so redeemed thereby automatically shall be redeemed prior to their scheduled maturities, and shall not bear interest after the date fixed for redemption, and shall not be regarded as being outstanding except for the right of the registered owner to receive the redemption price plus accrued interest to the date fixed for redemption from the Paying Agent/Registrar out of the funds provided for such payment. Section 4. INTEREST. The Certificates scheduled to mature during the years, respectively, set forth below shall bear interest at the following rates per annum: maturities 1993, % maturities 1994, % maturities 1995, % maturities 1996, % maturities 1997, % maturities 1998, % maturities 1999, % maturities 2000, % maturities 2001, % maturities 2002, % maturities 2003, % maturities 2004, % maturities 2005, % maturities 2006, % maturities 2007, % maturities 2008, % maturities 2009, % maturities 2010, % Minutes of City Council Q-3 Page 394 TUESDAY, NOVEMBER 13, 1990 Ordinance No. Said interest shall be payable to the registered owner of any such 10720 cont. Certificate in the manner provided and on the dates stated in the FORM OF CERTIFICATE set forth in this Ordinance. Section 5. CHARACTERISTICS OF THE CERTIFICATES. (a) The Issuer shall keep or cause to be kept at the principal corporate trust office of Ameritrust Texas National Association, or such other bank, trust company, financial institution, or other agency named in accordance with the provisions of (g) below (the "Paying Agent/Registrar") books or records for the registration and transfer of the Certificates (the "Registration Books"), and the Issuer hereby appoints the Paying Agent/Registrar as its registrar and transfer agent to keep such books or records and make such transfers and registrations under such reasonable regulations as the Issuer and Paying Agent/Registrar may prescribe; and the Paying Agent/Registrar shall make such transfers and registrations as herein provided. It shall be the duty of the Paying Agent/Registrar to obtain from the registered owner and record in the Registration Books the address of the registered owner of each Certificate to which payments with respect to the Certificates shall be mailed, as herein provided. The Issuer or its designee shall have the right to inspect the Registration Books during regular business hours of the Paying Agent/Registrar, but otherwise the Paying Agent/Registrar shall keep the Registration Books confidential and, unless otherwise required by law, shall not permit their inspection by any other entity. Registration of each Certificate may be transferred in the Registration Books only upon presentation and surrender thereof to the Paying Agent/Registrar for transfer of registration and cancellation, together with proper written instruments of assignment, in form and with guarantee of signatures satisfactory to the Paying Agent/Registrar, evidencing the assignment of such Certificate, or any portion thereof in any integral multiple of $5,000, to the assignee or assignees thereof, and the right of such assignee or assignees to have such Certificate or any such portion thereof registered in the name of such assignee or assignees. Upon the assignment and transfer of any Certificate or any portion thereof, a new substitute certificate or certificates shall be issued in exchange therefor in the manner herein provided. (b) The entity in whose name any Certificate shall be registered in the Registration Books at any time shall be treated as the absolute owner thereof for all purposes of this Ordinance, whether or not such certificate shall be overdue, and the City and the Paying Agent/Registrar shall not be affected by any notice to the contrary; and payment of, or on account of, the principal of, premium, if any, and interest on any such certificate shall be made only to such registered owner. All such payments shall be valid and effectual to satisfy and discharge the liability upon such certificate to the extent of the sum or sums so paid. (c) The City hereby further appoints the Paying Agent/Registrar to act as the paying agent for paying the principal of and interest on the Certificates, and to act as its agent to exchange or replace Certificates, all as provided in this Ordinance. The Paying Agent/Registrar shall keep proper records of all payments made by the City and the Paying Agent/Registrar with respect to the Certificates, and of all exchanges thereof, and all replacements thereof, as provided in this Ordinance. (d) Each Certificate may be exchanged for fully registered certificates in the manner set forth herein. Each Certificate issued and delivered pursuant to this Ordinance, to the extent of the unredeemed principal amount thereof, may, upon surrender thereof at the principal corporate trust office of the Paying Agent/Registrar, together with a written request therefor duly executed by the registered owner or the assignee or assignees thereof, or its or their duly authorized attorneys or representatives, with guarantee of signatures satisfactory to the Paying Agent/Registrar, at the option of the registered owner or such assignee or assignees, as appropriate, be exchanged for fully registered certificates, without interest coupons, in the form prescribed in the FORM OF CERTIFICATE set forth in this Ordinance, in the denomination of $5,000, or any integral multiple of $5,000 (subject to the requirement hereinafter stated that each substitute certificate shall have a single stated maturity date), as requested in writing by such registered owner or such assignee or assignees, in an aggregate principal amount equal to the unredeemed principal amount of any Certificate or Certificates so surrendered, and payable to the appropriate registered owner, assignee, or assignees, as the case may be. If a portion of any Certificate shall be redeemed prior to its scheduled maturity as provided herein, a substitute certificate or certificates having the same maturity date, bearing interest at the same rate, in the denomination or denominations of any integral multiple of $5,000 at the request of the registered owner, and in an aggregate principal amount equal to the unredeemed portion thereof, will be issued to the registered owner upon surrender thereof for cancellation. If Minutes of City Council Q-3 Page 395 326 TUESDAY, NOVEMBER 13, 1990 rdinance No. any Certificate or portion thereof is assigned and transferred, each 0720 cont. certificate issued in exchange therefor shall have the same principal maturity date and bear interest at the same rate as the certificate for which it is being exchanged. Each substitute certificate shall bear a letter and/or number to distinguish it from each other certificate. The Paying Agent/Registrar shall exchange or replace Certificates as provided herein, and each fully registered certificate or certificates delivered in exchange for or replacement of any Certificate or portion thereof as permitted or required by any provision of this Ordinance shall constitute one of the Certificates for all purposes of this Ordinance, and may again be exchanged or replaced. It is specifically provided, however, that any Certificate delivered in exchange for or replacement of another Certificate prior to the first scheduled interest payment date on the Certificates (as stated on the face thereof) shall be dated the same date as such Certificate, but each substitute certificate so delivered on or after such first scheduled interest payment date shall be dated as of the interest payment date preceding the date on which such substitute certificate is delivered, unless such substitute certificate is delivered on an interest payment date, in which case it shall be dated as of such date of delivery; provided, however, that if at the time of delivery of any substitute certificate the interest on the certificate for which it is being exchanged has not been paid, then such substitute certificate shall be dated as of the date to which such interest has been paid in full. On each substitute certificate issued in exchange for or replacement of any Certificate or Certificates issued under this Ordinance there shall be printed thereon a Paying Agent/Registrar's Authentication Certificate, in the form hereinafter set forth in the FORM OF CERTIFICATE set forth in this Ordinance. An authorized representative of the Paying Agent/Registrar shall, before the delivery of any such substitute certificate, date such substitute certificate in the manner set forth above, and manually sign and date such Authentication Certificate, and no such substitute certificate shall be deemed to be issued or outstanding unless such Authentication Certificate is so executed. The Paying Agent/Registrar promptly shall cancel all Certificates surrendered for exchange or replacement. No additional ordinances, orders, or resolutions need be passed or adopted by the City Council or any other body or person so as to accomplish the foregoing exchange or replacement of any Certificates or portion thereof, and the Paying Agent/Registrar shall provide for the printing, execution, and delivery of the substitute certificates in the manner prescribed herein, and said certificates shall be of type composition printed on paper with lithographed or steel engraved borders of customary weight and strength. Pursuant to Article 717k-6, V.A.T.C.S., and particularly Section 6 thereof, the duty of exchange or replacement of any Certificates as aforesaid is hereby imposed upon the Paying Agent/Registrar, and, upon the execution of said Paying Agent/Registrar's Authentication Certificate, the exchanged or replaced certificate shall be valid, incontestable, and enforceable in the same manner and with the same effect as the Certificates which originally were delivered pursuant to this Ordinance, approved by the Attorney General, and registered by the Comptroller of Public Accounts. Neither the City nor the Paying Agent/Registrar shall be required (1) to issue, transfer, or exchange any certificate during a period beginning at the opening of business 30 days before the day of the first mailing of a notice of redemption of certificates and ending at the close of business on the day of such mailing, or (2) to transfer or exchange any certificate so selected for redemption in whole when such redemption is scheduled to occur within 30 calendar days. (e) All Certificates issued in exchange or replacement of any other Certificate or portion thereof, (i) shall be issued in fully registered form, without interest coupons, with the principal of and interest on such Certificates to be payable only to the registered owners thereof, (ii) may be redeemed prior to their scheduled maturities, (iii) may be transferred and assigned, (iv) may be exchanged for other Certificates, (v) shall have the characteristics, (vi) shall be signed and sealed, and (vii) the principal of and interest on the Certificates shall be payable, all as provided, and in the manner required or indicated, in the FORM OF CERTIFICATE set forth in this Ordinance. (f) The City shall pay the Paying Agent/Registrar's reasonable and customary fees and charges for making transfers of Certificates, but the registered owner of any Certificates requesting such transfer shall pay any taxes or other governmental charges required to be paid with respect thereto. The registered owner of any Certificates requesting any exchange shall pay the Paying Agent/Registrar's reasonable and standard or customary fees and charges for exchanging any such certificate or portion thereof, together with any taxes or governmental charges required to be paid with respect thereto, all as a condition precedent to the exercise of such privilege of exchange, except, however, that in the case of the exchange of an assigned and transferred certificate or certificates or any portion or portions thereof in any integral multiple of $5,000, and in the case of the exchange of the unredeemed portion of a Certificate which has been redeemed in part prior to maturity, as provided in this Ordinance, such fees and charges will be paid Minutes of City Council Q-3 Page 396 .TUESDAY, NOVEMBER 13, 1990 Ordinance Pio. by the City. In addition, the City hereby covenants with the registered 10720 cont. owners of the Certificates that it will (i) pay the reasonable and standard or customary fees and charges of the Paying Agent/Registrar for its services with respect to the payment of the principal of and interest on Certificates, when due, and (ii) pay the fees and charges of the Paying Agent/Registrar for services with respect to the transfer or registration of Certificates solely to the extent above provided, and with respect to the exchange of Certificates solely to the extent above provided. (g) The City covenants with the registered owners of the Certificates that at all times while the Certificates are outstanding the City will provide a competent and legally qualified bank, trust company, financial institution, or other agency to act as and perform the services of Paying Agent/Registrar for the Certificates under this Ordinance, and that the Paying Agent/Registrar will be one entity. The City reserves the right to, and may, at its option, change the Paying Agent/Registrar upon not less than 60 days written notice to the Paying Agent/Registrar. In the event that the entity at any time acting as Paying Agent/Registrar (or its successor by merger, acquisition, or other method) should resign or otherwise cease to act as such, the City covenants that promptly it will appoint a competent and legally qualified national or state banking institution which shall be a corporation organized and doing business under the laws of the United States of America or of any state, authorized under such laws to exercise trust powers, subject to supervision or examination by federal or state authority, and whose qualifications substantially are similar to the previous Paying Agent/Registrar to act as Paying Agent/Registrar under this Ordinance. Upon any change in the Paying Agent/Registrar, the previous Paying Agent/Registrar promptly shall transfer and deliver the Registration Books (or a copy thereof), along with all other pertinent books and records relating to the Certificates, to the new Paying Agent/Registrar designated and appointed by the City. Upon any change in the Paying Agent/Registrar, the City promptly will cause a written notice thereof to be sent by the new Paying Agent/Registrar to each registered owner of the Certificates, by United States Mail, postage prepaid, which notice also shall give the address of the new Paying Agent/Registrar. By accepting the position and performing as such, each Paying Agent/Registrar shall be deemed to have agreed to the provisions of this Ordinance, and a certified copy of this Ordinance shall be delivered to each Paying Agent/Registrar. Section 6. FORM OF CERTIFICATES. The form of the Certificates, including the form of Paying Agent/Registrar's Authentication Certificate, the form of Assignment and the form of Registration Certificate of the Comptroller of Public Accounts of the State of Texas to be attached to the Certificates initially issued and delivered pursuant to this Ordinance, shall be, respectively, substantially as follows, with such appropriate variations, omissions, or insertions as are permitted or required by this Ordinance. FORM OF CERTIFICATE NO. $ UNITED STATES OF AMERICA STATE OF TEXAS COUNTIES OF TARRANT AND DENTON CITY OF FORT WORTH, TEXAS COMBINATION TAX AND REVENUE CERTIFICATE OF OBLIGATION SERIES 1990 MATURITY DATE INTEREST RATE ORIGINAL ISSUE DATE CUSIP % November 1, 1990 ON THE MATURITY DATE SPECIFIED ABOVE, THE CITY OF FORT WORTH, TEXAS (the "Issuer"), being a political subdivision of the State of Texas, hereby promi ses to pay to , or to the registered assignee hereof either being hereinafter called the "registered owner") the principal amount of DOLLARS and to pay interest thereon, from the Original Issue Date specified above, to the Maturity Date specified above, or the date of redemption prior to maturity, at the interest rate per annum specified above, with said interest payable on March 1, 1992, and semiannually on each September 1 and March 1 thereafter; except that if this Certificate is required to be authenticated and the date of its authentication is later than March 1, 1992, such interest is payable semiannually on each September 1 and March 1 following such date. THE TERMS AND PROVISIONS of this Certificate are continued on the reverse side hereof and shall for all purposes have the same effect as though fully set forth at this place. IN THE EVENT OF NON-PAYMENT of interest on a scheduled payment date, and for 30 days thereafter, a new record date for such interest payment (a Minutes of City Council Q-3 Page 397 3cls TUESDAY, NOVEMBER 13, 1990 Ordinance No. "Special Record Date") will be established by the Paying Agent/Registrar, if 10720 cont. and when funds for the payment of such interest have been received from the Issuer. Notice of the Special Record Date and of the scheduled payment date of the past due interest ("Special Payment Date", which shall be 15 days after the Special Record Date) shall be sent at least five business days prior to the Special Record Date by United States mail, first-class postage prepaid, to the address of each registered owner of a Certificate appearing on the Registration Books kept by the Paying Agent/Registrar at the close of business on the last business day next preceding the date of mailing of such notice. IF THE DATE for the payment of the principal of or interest on this Certificate shall be a Saturday, Sunday, a legal holiday, or a day on which banking institutions in the city where the principal corporate trust office of the Paying Agent/Registrar is located are authorized by law or executive order to close, then the date for such payment shall be the next succeeding day which is not such a Saturday, Sunday, legal holiday, or day on which banking institutions are authorized to close; and payment on such date shall have the same force and effect as if made on the original date payment was due. THE PRINCIPAL OF AND INTEREST ON this Certificate are payable in lawful money of the United States of America, without exchange or collection charges. The principal of this Certificate shall be paid to the registered owner hereof upon presentation and surrender of this Certificate at maturity or redemption prior to maturity at the principal corporate trust office of Ameritrust Texas National Association, in Dallas, Texas, which is the "Paying Agent/Registrar" for this Certificate. The payment of interest on this Certificate shall be made by the Paying Agent/Registrar to the registered owner hereof on each interest payment date by check, dated as of such interest payment date, drawn by the Paying Agent/Registrar on, and payable solely from, funds of the Issuer required by the ordinance authorizing the issuance of this Certificate (the "Certificate Ordinance") to be on deposit with the Paying Agent/Registrar for such purpose as hereinafter provided; and such check shall be sent by the Paying Agent/Registrar by United States mail, first-class postage prepaid, on each such interest payment date, to the registered owner hereof, at its address as it appeared on the fifteenth business day of the month preceding (the "Record Date") on the Registration Books kept by the Paying Agent/Registrar, as hereinafter described. Any accrued interest due at maturity or upon redemption of this Certificate prior to maturity as provided herein shall be paid to the registered owner upon presentation and surrender of this Certificate for redemption and payment at the principal corporate trust office of the Paying Agent/Registrar. The Issuer covenants with the registered owner of this Certificate that on or before each principal payment date, interest payment date, and accrued interest payment date for this Certificate it will make available to the Paying Agent/Registrar, from the "Interest and Redemption Fund" created by the Certificate Ordinance, the amounts required to provide for the payment, in immediately available funds, of all principal of and interest on the Certificates, when due. *THIS CERTIFICATE is one of a Series of Certificates dated as of the Original Issue Date stated above, authorized in accordance with the Constitution and laws of the State of Texas in the principal amount of $6,000,000, FOR THE PURPOSE OF PROVIDING PART OF THE FUNDS FOR PAYING CONTRACTUAL OBLIGATIONS TO BE INCURRED FOR THE CONSTRUCTION OF AN AIR TRAFFIC CONTROL TOWER AT ALLIANCE AIRPORT AND THE PAYMENT OF THE ENGINEERING, LEGAL AND FISCAL SERVICES RELATED THERETO. *ON MARCH 1, 1996, or on any date thereafter, the Certificates maturing on and after March 1, 1997 are subject to optional redemption by the Issuer, in whole or in part in principal amounts of $5,000 or any integral multiple thereof, at the par value thereof plus accrued interest to the date fixed for redemption. The years of maturity of the Certificates called for redemption at the option of the Issuer prior to stated maturity shall be selected by the Issuer. The Certificates or portions thereof redeemed within a maturity shall be selected by lot or other method by the Paying Agent/Registrar. *AT LEAST 30 days prior to the date fixed for any such redemption (a) a written notice of such redemption shall be given to the registered owner of each Certificate or a portion thereof being called for redemption by depositing such notice in the United States mail, first-class postage prepaid, addressed to each such registered owner at his address shown on the Registration Books of the Paying Agent/Registrar and (b) notice of such redemption shall be published one (1) time in a financial journal or publication of general circulation in the United States of America carrying as a regular feature notices of municipal bonds called for redemption; provided, however, that the failure to send, mail, or receive such notice described in (a) above, or any defect therein or in the sending or mailing thereof, shall not affect the validity or effectiveness of the proceedings for the redemption of any Certificate, and the Certificate Ordinance provides Minutes of City Council Q-3 Page 398 3'?9 TUESDAY, NOVEMBER 13, 1990 Ordinance No. that the publication of notice as described in (b) above shall be the only 10720 cont. notice actually required in connection with or as a prerequisite to the redemption of any Certificates. By the date fixed for any such redemption due provision shall be made by the Issuer with the Paying Agent/Registrar for the payment of the required redemption price for this Certificate or the portion hereof which is to be so redeemed, plus accrued interest thereon to the date fixed for redemption. If such notice of redemption is given, and if due provision for such payment is made, all as provided above, this Certificate, or the portion hereof which is to be so redeemed, thereby automatically shall be redeemed prior to its scheduled maturity, and shall not bear interest after the date fixed for its redemption, and shall not be regarded as being outstanding except for the right of the registered owner to receive the redemption price plus accrued interest to the date fixed for redemption from the Paying Agent/Registrar out of the funds provided for such payment. The Paying Agent/Registrar shall record in the Registration Books all such redemptions of principal of this Certificate or any portion hereof. If a portion of any Certificate shall be redeemed, a substitute Certificate or Certificates having the same maturity date, bearing interest at the same rate, in any denomination or denominations in any integral multiple of $5,000, at the written request of the registered owner, and in aggregate principal amount equal to the unredeemed portion thereof, will be issued to the registered owner upon the surrender thereof for cancellation, at the expense of the Issuer, all as provided in the Certificate Ordinance. *ALL CERTIFICATES OF THIS SERIES are issuable solely as fully registered certificates, without interest coupons, in the denomination of any integral multiple of $5,000. As provided in the Certificate Ordinance, this Certificate, or any unredeemed portion hereof, may, at the request of the registered owner or the assignee or assignees hereof, be assigned, transferred, and exchanged for a like aggregate principal amount of fully registered certificates, without interest coupons, payable to the appropriate registered owner, assignee, or assignees, as the case may be, having the same maturity date, and bearing interest at the same rate, in any denomination or denominations in any integral multiple of $5,000 as requested in writing by the appropriate registered owner, assignee, or assignees, as the case may be, upon surrender of this Certificate to the Paying Agent/Registrar for cancellation, all in accordance with the form and procedures set forth in the Certificate Ordinance. Among other requirements for such assignment and transfer, this Certificate must be presented and surrendered to the Paying Agent/Registrar, together with proper instruments of assignment, in form and with guarantee of signatures satisfactory to the Paying Agent/Registrar, evidencing assignment of this Certificate or any portion or portions hereof in any integral multiple of $5,000 to the assignee or assignees in whose name or names this Certificate or any such portion or portions hereof is or are to be transferred and registered. The form of Assignment printed or endorsed on this Certificate may be executed by the registered owner to evidence the assignment hereof, but such method is not exclusive, and other instruments of assignment satisfactory to the Paying Agent/Registrar may be used to evidence the assignment of this Certificate or any portion or portions hereof from time to time by the registered owner. The one requesting such exchange shall pay the Paying Agent/Registrar's reasonable standard or customary fees and charges for exchanging any Certificate or portion thereof. The foregoing notwithstanding, in the case of the exchange of a portion of a Certificate which has been redeemed prior to maturity, as provided herein, and in the case of the exchange of an assigned and transferred Certificate or Certificates or any portion or portions thereof, such fees and charges of the Paying Agent/Registrar will be paid by the Issuer. In any circumstance, any taxes or governmental charges required to be paid with respect thereto shall be paid by the one requesting such assignment, transfer, or exchange as a condition precedent to the exercise of such privilege. In any circumstance, neither the Issuer nor the Paying Agent/Registrar shall be required (1) to make any transfer or exchange during a period beginning at the opening of business 30 days before the day of the first mailing of a notice of redemption of certificates and ending at the close of business on the day of such mailing, or (2) to transfer or exchange any Certificates so selected for redemption when such redemption is scheduled to occur within 30 calendar days. *IN THE EVENT any Paying Agent/Registrar for the Certificates is changed by the Issuer, resigns, or otherwise ceases to act as such, the Issuer has covenanted in the Certificate Ordinance that it promptly will appoint a competent and legally qualified substitute therefor, and promptly will cause written notice thereof to be mailed to the registered owners of the Certificates. *IT IS HEREBY certified, recited and covenanted that this Certificate has been duly and validly authorized, is- sued, and delivered; that all acts, conditions, and things required or proper to be performed, exist, and be done precedent to or in the authorization, issuance, and delivery of this Certificate have been performed, existed, and been done in accordance with law; that this Certificate is a direct obligation of said Issuer, issued on Minutes of City Council Q-3 Page 399 490 TUESDAY, NOVEMBER 13, 1990 Ordinance No. the full faith and credit thereof; and that annual ad valorem taxes 10720 cont. sufficient to provide for the payment of the interest on and principal of this Certificate, as such interest comes due and such principal matures, have been levied and ordered to be levied against all taxable property in said Issuer, and have been pledged for such payment, within the limit prescribed by law; and that surplus revenues remaining in the Issuer's Airport Fund, after payment of all operation and maintenance expenses thereof, and all other obligations now or hereafter payable therefrom, have been pledged as additional security for the Certificates. BY BECOMING the registered owner of this Certificate, the registered owner thereby acknowledges all of the terms and provisions of the Certificate Ordinance, agrees to be bound by such terms and provisions, acknowledges that the Certificate Ordinance is duly recorded and available for inspection in the official minutes and records of the Issuer, and agrees that the terms and provisions of this Certificate and the Certificate Ordinance constitute a con- tract between each registered owner hereof and the Issuer. IN WITNESS WHEREOF, this Certificate has been signed with the manual or facsimile signature of the Mayor of the City, attested by the manual or facsimile signature of the City Secretary, and approved as to form and legality with the manual or facsimile signature of the City Attorney, and the official seal of the Issuer has been duly affixed to, or impressed, or placed in facsimile, on this Certificate. City Secretary Mayor APPROVED AS TO FORM AND LEGALITY: City Attorney (SEAL) FORM OF PAYING AGENT/REGISTRAR'S AUTHENTICATION CERTIFICATE PAYING AGENT/REGISTRAR'S AUTHENTICATION CERTIFICATE It is hereby certified that this Certificate of Obligation has been issued under the provisions of the Certificate Ordinance described on the face of this Certificate of Obligation; and that this Certificate of Obligation has been issued in exchange for or replacement of a certificate of obligation, certificates of obligation, or a portion of a certificate of obligation or certificates of obligation of an issue which originally was approved by the Attorney General of the State of Texas and registered by the Comptroller of Public Accounts of the State of Texas. Dated AMERITRUST TEXAS NATIONAL ASSOCIATION Paying Agent/Registrar By Authorized Representative FORM OF ASSIGNMENT: ASSIGNMENT FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto Please insert Social Security or Taxpayer Identification Number of Transferee) Please print or typewrite name and address, including zip code of Transferee) the within Certificate of Obligation and all rights thereunder, and hereby irrevocably constitutes and appoints attorney to register the transfer of the within Certificate of Obligation on books kept for registration thereof, with full power of substitution in the premises. Minutes of City Council Q-3 Page 400 Ordinance No. 10720 cont. Dated: Signature Guaranteed: NOTICE: Signatures must be guaranteed by a member firm of the New York Stock Exchange or a commercial bank or trust company. TUESDAY, NOVEMBER 13, 1990 NOTICE: The signature above must correspond with the name of the Registered Owner as it appears upon the front of this Certificate in every particu lar, without alteration or en- largement or any change whatsoever. **FORM OF COMPTROLLER'S CERTIFICATE ATTACHED TO THE CERTIFICATES UPON INITIAL DELIVERY THEREOF OFFICE OF COMPTROLLER REGISTER NO. STATE OF TEXAS 4�1 I hereby certify that there is on file and of record in my office a certificate of the Attorney General of the State of Texas to the effect that this Certificate has been examined by him as required by law, and that he finds that it has been issued in conformity with the Constitution and laws of the State of Texas, and that it is a valid and binding obligation of the City of Fort Worth, Texas, payable in the manner provided by and in the ordinance authorizing same, and said Certificate has this day been registered by me. WITNESS MY HAND and seal of office at Austin, Texas this Comptroller of Public Accounts of (SEAL) the State of Texas NOTE TO PRINTER: *s to be on reverse side of certificate ** not to be on certificate Section 7. DEFINITIONS. That the terms "Certificates" and "Certificates of Obligation" shall mean the City of Fort Worth, Texas Combination Tax and Revenue Certificates of Obligation, Series 1990 authorized to be issued and delivered by this Ordinance, and the term "Code" shall mean the Internal Revenue Code of 1986, and any amendment thereto. Section 8. INTEREST AND REDEMPTION FUND. That a special fund or account, to be designated the "City of Fort Worth, Texas Interest and Redemption Fund" is hereby created and shall be established and maintained by the Issuer at its official depository. Said Interest and Redemption Fund shall be kept separate and apart from all other funds and accounts of said Issuer, and shall be used only for paying the interest on and principal of said Certificates. All ad valorem taxes levied and collected for and on account of said Certificates shall be deposited, as collected, to the credit of said Interest and Redemption Fund. During each year while any of said Certificates are outstanding and unpaid, the governing body of said Issuer shall compute and ascertain the rate and amount of ad valorem tax, based on the latest approved tax rolls of said Issuer, with full allowances being made for tax delinquencies and the cost of tax collections, which will be sufficient to raise and produce the money required to pay the interest on said Certificates as such interest comes due, and to provide a sinking fund to pay the principal of said Certificates as such principal matures, but never less than 2% of the original amount of said Certificates as a sinking fund each year. Said rate and amount of ad valorem tax is hereby ordered to be levied against all taxable property in said Issuer for each year while any of said Certificates are outstanding and unpaid, and said ad valorem tax shall be assessed and collected each such year and deposited to the credit of the aforesaid Interest and Redemption Fund. Said ad valorem taxes necessary to pay the interest on and principal of said Certificates, as such interest comes due and such principal matures, are hereby pledged for such pay- ment, within the limit prescribed by law. Section 9. REVENUES. That the Certificates of Obligation are additionally secured by and shall be payable from and secured by the revenues remaining in the Issuer's Airport Fund after payment of all maintenance and operation expenses thereof, and all other obligations now or hereafter payable therefrom, constituting "Surplus Revenues". The Issuer shall deposit such Surplus Revenues to the credit of the Interest and Redemption Fund created pursuant to Section 8, to the extent necessary, after deposits of ad Minutes of City Council Q-3 Page 401 ti TUESDAY, NOVEMBER 13, 1990 Ordinance No. valorem taxes have been made to the credit of the Interest and Redemption 10720 cont. Fund, to pay the principal and interest on the Certificates of Obligation. Notwithstanding the requirements of Section 8, if Surplus Revenues are actually on deposit or budgeted for deposit in the Interest and Sinking Fund in advance of the time when ad valorem taxes are scheduled to be levied for any year, then the amount of taxes which otherwise would have been required to be levied pursuant to Section 8 may be reduced to the extent and by the amount of the Surplus Revenues then on deposit in the Interest and Sinking Fund or budgeted for deposit herein. Section 10. TRANSFER. That the City shall do any and all things necessary to accomplish the transfer of monies to the Interest and Redemption Fund of this issue in ample time to pay such items of principal and interest. Section 11. SECURITY FOR FUNDS. That the Interest and Redemption Fund created by this Ordinance shall be secured in the manner and to the fullest extent permitted or required by law for the security of public funds, and such Fund shall be used only for the purposes and in the manner permitted or required by this Ordinance. Section 12. DAMAGED, MUTILATED, LOST, STOLEN, OR DESTROYED CERTIFICATES. (a) Replacement Certificates. That in the event any outstanding Certificate is damaged, mutilated, lost, stolen, or destroyed, the Paying Agent/Registrar shall cause to be printed, executed, and delivered, a new certificate of the same principal amount, maturity, and interest rate, as the damaged, mutilated, lost, stolen, or destroyed Certificate, in replacement for such Certificate in the manner hereinafter provided. (b) Application for Replacement Certificates. That application for replacement of damaged, mutilated, lost, stolen, or destroyed Certificates shall be made by the registered owner thereof to the Paying Agent/Registrar. In every case of loss, theft, or destruction of a Certificate, the registered owner applying for a replacement certificate shall furnish to the City and to the Paying Agent/Registrar such security or indemnity as may be required by them to save each of them harmless from any loss or damage with respect thereto. Also, in every case of loss, theft, or destruction of a Certificate, the registered owner shall furnish to the City and to the Paying Agent/Registrar evidence to their satisfaction of the loss, theft, or destruction of such Certificate, as the case may be. In every case of damage or mutilation of a Certificate, the registered owner shall surrender to the Paying Agent/Reg- istrar for cancellation the Certificate so damaged or mutilated. (c) No Default Occurred. That notwithstanding the foregoing provisions OT this Section, in the event any such Certificate shall have matured, and no default has occurred which is then continuing in the payment of the principal of, redemption premium, if any, or interest on the Certificate, the City may authorize the payment of the same (without surrender thereof except in the case of a damaged or mutilated Certificate) instead of issuing a replacement certificate, provided security or indemnity is furnished as above provided in this Section. (d) Charge for Issuing Replacement Certificates. That prior to the issuance of any replacement certificate, the Paying Agent/Registrar shall charge the registered owner of such Certificate with all legal, printing, and other expenses in connection therewith. Every replacement certificate issued pursuant to the provisions of this Section by virtue of the fact that any Certificate is lost, stolen, or destroyed shall constitute a contractual obligation of the City whether or not the lost, stolen, or destroyed Certificate shall be found at any time, or be enforceable by anyone, and shall be entitled to all the benefits of this Ordinance equally and proportionately with any and all other Certificates duly issued under this Ordinance. (e) Authority for Issuing Replacement Certificates. That in accordance with Section 6 of Vernon's Ann. Tex. Civ. St. Art. 717k-6, this Section of this Ordinance shall con- stitute authority for the issuance of any such replacement certificate without necessity of further action by the City or any other body or person, and the duty of the replacement of such certificates is hereby authorized and imposed upon the Paying Agent/Registrar, and the Paying Agent/Registrar shall authenticate and deliver such Certificates in the form and manner and with the effect, as provided in Section 5(a) of this Ordinance for Certificates issued in conversion and exchange of other Certificates. Section 13. COVENANTS WITH RESPECT TO EXCLUSION FROM GROSS INCOME OF INTEREST ON THE CERTIFICATES. The City covenants to refrain from any action which would adversely affect, and to take such action (including the providing and enforcement of certain covenants in any document granting a leasehold interest in, or contract for management of the facilities (the "Project") financed with the proceeds of the Certificates) as is necessary to Minutes of City Council Q-3 Page 402 4 (3111 TUESDAY, NOVEMBER 13, 1990 assure, the treatment of the Certificates as obligations described in section Ordinance No. 103(a) of the Code, the interest on which is not includable in the "gross 10720 cont. income" of the owner thereof for purposes of federal income taxation (other than the gross income of a "substantial user" of the Project or a "related person" to such a "substantial user", within the meaning of the Code). In particular, but not by way of limitation thereof, the City covenants as follows: (a) to take such action to assure that the Certificates are "exempt facility bonds", as defined in section 142(a) of the Code, at least 95 percent of the proceeds of which are used to provide "airports" (within the meaning of said section 142(a) of the Code) or property functionally related and subordinate to such facilities; (b) to ensure that at all times during the term of the Certificates that the property provided with the proceeds thereof be treated as governmentally owned within the meaning of section 142(b) of the Code; ( c ) to refrain from taking any action that would result in the Certificates being "federally guaranteed" within the meaning of section 149(b) of the Code; (d) to refrain from using any portion of the proceeds of the Certificates, directly or indirectly, to acquire or to replace funds which were used, directly or indirectly, to acquire investment property (as defined in section 148(b)(2) of the Code) which produces a materially higher yield over the term of the Certificates, other than investment property acquired with ( 1 ) proceeds of the Certificates invested for a reasonable temporary period or, until such proceeds are needed for the purpose for which the Certificates are issued, (2) proceeds of amounts invested in a bona fide debt service fund, within the meaning of section 1.10313(b)(12) of the regulations promulgated pursuant to the Code, and (3) amounts deposited in any reasonably required reserve or replacement fund to the extent such amounts do not exceed 10 percent of the proceeds of the Certificates (and to the extent that at no time during any bond year will the aggregate amount invested at such higher yield exceed 150 percent of debt service on the Certificates for such bond year); (e) to otherwise restrict the investment of the proceeds of the Certificates or amounts treated as proceeds of the Certificates, as may be necessary, to satisfy the requirements of section 148 of the Code (relating to arbitrage); (f) to pay to the United States of America at least once during each five-year period (beginning on the date of delivery of the Certificates) an amount that is at least equal to 90 percent of the "Excess Earnings," within the meaning of section 148(f) of the Code and to pay to the United States of America, not later than 60 days after the Certificates have been paid in full, 100 percent of the amount then required to be paid as a result of Excess Earnings under section 148(f) of the Code; (g) to maintain or cause to be maintained such records as will enable compliance with the requirements of section 148 of the Code, and to retain or cause to be retained such records for at least six years following the final payment of principal of and interest on the Certificates; (h) to use no more than two percent of the proceeds of the Certificates for the payment of costs of issuance of the Certificates; ( i ) to use no portion of the proceeds of the Certificates to provide any airplane, sky -box or other private luxury box, facility primarily used for gambling or store the principal business of which is the sale of alcoholic beverages for consumption off -premises; and (j) to comply with the limitations imposed by section 147(c) of the Code (relating to the limitation of the use of proceeds to acquire land) and section 147(d) of the Code (relating to restrictions on the use of bond proceeds to acquire existing buildings, structures or other property). It is the understanding of the City that the covenants contained herein are intended to assure compliance with the provisions of the Code, and any regulations or rulings promulgated by the U.S. D partment of the Treasury pursuant thereto, pertaining to obligations described in section 103(a) of the Code. In the event that regulations or rulings applicable to the Certificates are hereafter promulgated which modify or expand such provisions of the Code, the City will not be required to comply with any covenant contained herein to the extent that, in the opinion of bond counsel, such Minutes of City Council Q-3 Page 403 4014 TUESDAY, NOVEMBER 13, 1990 Ordinance No. failure to comply will not adversely affect the excludability pursuant to 10720 cont. section 1O3(a) of the Code of interest on the Certificates from gross income of the owners thereof for federal income tax purposes. In the event that regulations or rulings are hereafter promulgated which impose additional requirements, pertaining to obligations described in section 1O3(a) of the Code, which are applicable to the Certificates, the City agrees to comply with the additional requirements to the extent necessary, in the opinion of bond counsel, to preserve the excludability pursuant to section 1O3(a) of the Code of interest on the Certificates from the gross income of the owners thereof for federal income tax purposes. In furtherance of the foregoing, the Mayor, the City Manager and the Director of Finance of the City may execute any certificates or other reports required by the Code and to make such elections, on behalf of the City, which may be permitted by the Code as are consistent with the purpose for the issuance of the Certificates. In order to facilitate compliance with the above covenants (e), (f), and (g), a "Rebate Fund" is hereby established by the City for the sole benefit of the United States of America, and such Rebate Fund shall not be subject to the claim of any other person, including without limitation the registered owners of the Certificates. The Rebate Fund is established for the additional purpose of compliance with section 148 of the Code. Section 14. CUSTODY, APPROVAL, AND REGISTRATION OF CERTIFICATES. That the Mayor of the City is hereby authorized to have control of the Certificates initially issued and delivered hereunder and all necessary records and proceedings pertaining to the Certificates pending their delivery and their investigation, examination, and approval by the Attorney General of the State of Texas, and their registration by the Comptroller of Public Accounts of the State of Texas. Upon registration of the Certificates said Comptroller of Public Accounts (or a deputy designated in writing to act for said Comptroller) shall manually sign the Comptroller's Registration Certificate attached to such Certificates, and the seal of said Comptroller shall be impressed, or placed in facsimile, on such Certificate. Section 15. DTC REGISTRATION. The Certificates of Obligation initially shall be issued and delivered in such manner that no physical distribution of the Certificates of Obligation will be made to the public, and The Depository Trust Company ("DTC"), New York, New York, initially will act as depository for the Certificates of Obligation. DTC has represented that it is a limited purpose trust company incorporated under the laws of the State of New York, a member of the Federal Reserve System, a "clearing corporation" within the meaning of the New York Uniform Commercial Code, and a "clearing agency" registered under Section 17A of the Securities Exchange Act of 1934, as amended, and the City accepts, but in no way verifies, such representations. The Certificates of Obligation initially authorized by this Ordinance shall be delivered to and registered in the name of CEDE & CO., the nominee of DTC. It is expected that DTC will hold the Certificates of Obligation on behalf of the Purchaser (as defined in Section 17 of this Ordinance) and its participants. So long as each Certificate of Obligation is registered in the name of CEDE & CO., the Paying Agent/Registrar shall treat and deal with DTC the same in all respects as if it were the actual and beneficial owner thereof. It is expected that DTC will maintain a book -entry system which will identify ownership of the Certificates of Obligation in integral amounts of $5,000, with transfers of ownership being effected on the records of DTC and its participants pursuant to rules and regulations established by them, and that the Certificates of Obligation initially deposited with DTC shall be immobilized and not be further exchanged for substitute Certificates of Obligation except as hereinafter provided. The City is not responsible or liable for any functions of DTC, will not be responsible for paying any fees or charges with respect to its services, will not be responsible or liable for maintaining, supervising, or reviewing the records of DTC or its participants, or protecting any interests or rights of the beneficial owners of the Certificates of Obligation. It shall be the duty of the DTC Participants, as defined in the Official Statement herein approved, to make all arrangements with DTC to establish this book -entry system, the beneficial ownership of the Certificates of Obligation, and the method of paying the fees and charges of DTC. The City does not represent, nor does it in any way covenant that the initial book -entry system established with DTC will be maintained in the future. Notwithstanding the initial establishment of the foregoing book -entry system with DTC, if for any reason any of the originally delivered Certificates of Obligation is duly filed with the Paying Agent/Registrar with proper request for transfer and substitution, as provided for in this Ordinance, substitute Certificates of Obligation will be duly delivered as provided in this Ordinance, and there will be no assurance or representation that any book -entry system will be maintained for such Certificates of Obligation. Section 16. PREAMBLE. That the findings set forth in the preamble to this Ordinance are hereby incorporated into the body of this Ordinance and made a part hereof for all purposes. Minutes of City Council Q-3 Page 404 � rlS TUESDAY, NOVEMBER 13, 1990 Ordinance No. Section 17. SALE. The Certificates of Obligation are hereby sold and 10720 cont. shall be delivered to (the "Purchaser"), for a price of par and accrued interest thereon to date of delivery. The Official Notice of Sale, Official Bid Form, and Official Statement, prepared and distributed in connection with the sale of the Certificates of Obligation, in subspantially the form attached hereto, are hereby approved by the City Council, and their use in the offer and sale of the Certificates of Obligation is hereby approved. ADOPTED this 13th day of November, 1990. Mayor, City of Fort Worth, Texas ATTEST: City Secretary, City of Fort Worth, Texas APPROVED AS TO FORM AND LEGALITY: City Attorney, City of Fort Worth, Texas (SEAL) OFFICE OF COMPTROLLER REGISTER NO. STATE OF TEXAS I hereby certify that there is on file and of record in my office a certificate of the Attorney General of the State of Texas to the effect that this Certificate has been examined by him as required by law, and that he finds that it has been issued in conformity with the Constitution and laws of the State of Texas, and that it is a valid and binding obligation of the City of Fort Worth, Texas, payable in the manner provided by and in the ordinance authorizing same, and said Certificate has this day been registered by me. WITNESS MY HAND and seal of office at Austin, Texas this Comptroller of Public Accounts of the State of Texas (SEAL) M&C G-8904 re There was presented Mayor and Council Communication No. G-8904 from the Sale of City Manager stating that bids for $6,000,000.00 City of Fort Worth, Texas, $6,000,000.00 of Certificates of Obligations, Series 1990, were received today at 10:00 a.m.; City of Fort, and recommending that the $6,000,000.00 City of Fort Worth, Texas Texas Certificates Certificates of Obligation, Series 1990, be sold to the bidder offering the of Obligation lowest interest cost, $4,631,941.67, at an average effective interest rate of 7.028743 and that the City Council adopt Ordinance No. 10720 authorizing the issuance of certificates. On motion of Council Member Garrison, seconded by Council Member Zapata, the recommendation was adopted. M&C G-8905 re There was presented Mayor and Council Communication No. G-8905 from the City authorized Manager stating that the City Council approved the issuance and sale of $6,000,000.00 appropriation of in Certificates of Obligation, Series 1990, to provide funds for the design and $6,000,000.00 from construction of the Alliance Airport Control Tower; that the present estimated cost of the sage of Cer ti- constructing the control tower is $5,500,000.00; that the estimated cost of issuance of fi cates of Obl i ga- the Certificate of Obligation is $50,000.00; that upon completion of this project, the tion Council will be asked to authorize the transfer of any residual funds to the General Debt Service Fund as a reserve for payments on the Certificates; and recommending that the City Council appropriate $6,000,000.00 from the sale of Certificates of Obligations, Series 1990, to GC49 0204900140010. On motion of Council Member Garrison, seconded by Council Member Chappell, the recommendation was adopted. M&C C-12604 re authorized contrac with Freese and Nichols Consulting Engineers for the Ailiance Control Toner Construction project and auth- orized a letter of agreement with Ron Engineers for oaterial testing services for the Alliance Control Tower construction There was presented Mayor and Council Communication No. C-12604 from the City Manager stating that the City Council authorized the sale of certificates of obligation for the construction of a Lyons Airport Control Tower on October 23, 1990, by Mayor and Council Communication G-8875; that the construction activity will require specialized services which will include pre-bid plan review and administrative services, construction inspection, contract compliance, recordskeeping, surveying and certain soils and material listing; the staff has selected two four -point based grooms, Freize and Nichols, Inc., and Rone Engineering,. Inc., for recommendation to the City Council to provide the services; that Freize and Nichols, Inc., would provide all of the services except the soils and material testing for a fee not to exceed $293,558.50 at Minutes of City Council Q-3 Page 405 M&C C-12604 cont. re authorized contract with Freese and Nichols Consult- ing Engineers for the Ailinace Control Tower Construction and authorized a letter of agree- ment with Rone Engineers for materials testing services for the Alliance Control Tower constructio Adjourned TUESDAY, NOVEMBER 13, 1990 an estimated time of 420 calendar days for completion, but that if a shorter time is required this fee will be appropriately less; that Rone Engineers would provide soils and material testing based on a pre -determined unit price as necessary; that the total cost of the testing will not exceed $40,000.00; that staff has reviewed both proposals and feels the fees are fair and reasonable for the work to be accomplished; that both firms have complied with the City's DBE policy; stating the fund is to be provided from the sale of Certificates of Obligation and upon receipt of the proceeds from the sale, adequate funds will be available in Fund GC49020490140010; and recommending that the City Manager be authorized to: 1. Execute a contract for construction management/engineering services with Freese and Nichols Consulting Engineers for the Alliance Control Tower construction project for a not to exceed fee of $293,558.50; 2. Execute a letter of agreement with Rone Engineers for material testing services for the Alliance Control Tower construction project for a not to exceed fee of $40,000. Council Member Meadows requested permission to abstain from voting on Mayor and Council Communication No. C-12604 involving a client of his, Freese and Nichols, Inc. Council Member Chappell made a motion, seconded by Council Member Webber, that Council Member Meadows be permitted to abstain from voting on Mayor and Council Communication No. C-12604. When the motion was put to a vote by the Mayor, it prevailed unanimously. Mayor Pro tempore Gilley advised City Council that he is abstaining from voting on Mayor and Council Communication No. C-12604 involving the firm of Freese and Nichols, Inc. Council Member Garrison made a motion, seconded by Council Member Chappell, that the recommendations, as contained in Mayor and Council Communication No. C-12504, be adopted. When the motion was put to a vote by the Mayor, it prevailed by the following vote: AYES: Mayor Bolen; Council Members Garrison, Granger, McCray, Chappell, Webber, and Zapata NOES: None ABSENT: None NOT VOTING: Mayor Pro tempore Gilley and Council Member Meadows. There being no further business, the meeting was adjourned. City Secretary Mayor Minutes of City Council Q-3 Page 406