HomeMy WebLinkAboutResolution 3141A Resolution
RESOLUTION APPROVING THE RESOLUTION
OF SERVICE CENTER RELOCATION, INCORPORATED
ADOPTED ON OCTOBER 26, 2004
AUTHORIZING THE ISSUANCE OF BONDS BY THE
SERVICE CENTER RELOCATION, INCORPORATED,
AND APPROVING THE EXECUTION BY THE CITY OF A LEASE WITH AN
OPTION TO PURCHASE AGREEMENT AND A
BOND PURCHASE AGREEMENT RELATING TO THE
SALE OF THE BONDS
WHEREAS, Service Center Relocation Incorporated (the Corporation) was
created under the auspices of the City of Fort Worth, Texas (the City") and
WHEREAS, the Corporation by resolution to be adopted October 26, 2004 authorized the
issuance of the hereinafter described bonds for the purposes described in said resolution, and
WHEREAS, the Corporation sold rts Lease Purchase Revenue Bonds, Series 2004 (Service
Center Project} in the aggregate principal amount of $22,725 000 (the 'Bonds") and
WHEREAS, it is deemed necessary and advisable that this Resolution be adopted.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS
Section 1 The resolution (the 'Bond Resolution') adopted by the Corporation, in substantially the form
and substance as attached to this Resolution and made a part hereof for all purposes, is hereby approved,
and the Bonds maybe issued for the purpose of providing all or a portion of the cost of the project as
specified in the Resolution (the 'Project") and said Bond Resolution, Bonds and Project are hereby
approved.
Section 2. The 'Lease with an Option to Purchase Agreement" between the City and the
Corporation, m substantially the form and substance as attached to this Resolution and made a part
hereof for all purposes (the 'Lease'), is hereby ratified and approved and the City Manager and the City
Secretary are hereby authorized to execute, attest, seal and deliver the Lease on behalf of the City
Section 3 The 'Bond Purchase Agreement" by and among the City the Corporation, and the
underwriters named therein, m substantially the form and substance as attached to this Resolution and
made a part hereof for all purposes (the 'Purchase Agreement"), is hereby ratified and approved and the
City Manager and the City Secretary are hereby authorized to execute, attest, seal and deliver the
Purchase Agreement on behalf of the City
Section 4 This Resolution shall be effective immediately upon its adoption by the City Council,
and supersedes the action taken by the City Council on October 26 2004 with respect to the Project and
the sale of the Bonds.
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Adopted this _ / tP __ day of 1 \~QIJ~_~1~iJ _
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Marty Hendrix, :City Secretary
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APPROVED
CITY COUNCIL
NOV 1 6 2004
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City Secretary of the
City of Fort Worth, Texas
CERTIFICATE FOR RESOLUTION
THE STATE OF TEXAS
COUNTIES OF TARRANT AND DENTON
CITY OF FORT WORTH
We, the undersigned officers of said City hereby certify as follows
1 The City Council of said City convened in REGULAR MEETING ON THE 16TH DAY OF
NOVEMBER, 2004 at the City Hall, and the roll was called of the duly constituted officers and
members of said City Council, to-wrt:
Mayor Michael Moncnef,
Councilmembers,
Jim Lane,
Chuck Silcox,
Becky Haskm,
Donavan Wheatfall,
Clyde Picht,
John Stevenson
Ralph McCloud,
Wendy Davis,
Charles Boswell, Crty Manager
David Yett, City Attorney
Jim Keyes, Director of Finance,
Marty Hendnx, City Secretary
and all of said persons were present, except the following absentees. thus constituting a
quorum. Whereupon, among other business, the following was transacted at said Meeting: a wntten
RESOLUTION APPROVING THE RESOLUTION
OF SERVICE CENTER RELOCATION INCORPORATED
ADOPTED ON OCTOBER 26, 2004
AUTHORIZING THE ISSUANCE OF BONDS BY THE
SERVICE CENTER RELOCATION INCORPORATED
AND APPROVING THE EXECUTION BY THE CITY OF A LEASE WITH AN
OPTION TO PURCHASE AGREEMENT AND A
BOND PURCHASE AGREEMENT RELATING TO THE
SALE OF THE BONDS
was duly introduced for the consideration of said City Council and read m full. It was then duly moved
and seconded that said Resolution be passed, and, after due discussion, said motion carr}nng with rt the
passage of said Resolution, prevailed and carned by the followm vote:
AYES
NOES
2. That a true, full and correct copy of the aforesaid Resolution passed at the Meeting described
in the above and foregoing paragraph is attached to and follows this Certificate; that said Resolution has
been duly recorded m said City Council's minutes of said Meeting; that the above and foregoing
paragraph is a true, full and correct excerpt from said Crty Council's minutes of said Meeting pertaining
to the passage of said Resolution, that the persons named m the above and foregoing paragraph are the
duly chosen, qualified and acting officers and members of said Crty Council as indicated therein, that
each of the officers and members of said City Council was duly and sufficiently notified officially and
personally to advance, of the time, place and purpose of the aforesaid Meeting, and that said Resolution
would be introduced and considered for passage at said Meeting, and each of said officers and members
consented, in advance, to the holding of said Meeting for such purpose, and 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 Chapter 551 Texas Government Code.
SIGNED AND SEALED the i 6th day of November 2004 ,~
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Crty Secretary
APPROVED
CITY COUNCIL
NOV 1 6 2004
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City Secretary o[ the
City of Fort Worth, Texas
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