HomeMy WebLinkAboutResolution 2977A Resolution
NO x.°17
RESOLUTION GIVING CONSENT TO A PROJECT FOR UT SOUTHWESTERN
MONCRIEF CANCER CENTER
WHEREAS, the Health Facilities Development Act, Chapter 221 Texas Health and
Safety Code as amended (the Act ') authorizes .and empowers HFDC of Central Texas
Inc (the `Issuer') on behalf of the City of Hubbard Texas (the `Issuing Unit") to
acquire by lease purchase or loan, health facilities found by the Board of Directors of the
Issuer to be required necessary or convenient for health care research and education any
one or more within the State of Texas and in furtherance of the public purposes of the
Act and
WHEREAS, Section 221 030(a)(1) of the Act provides that the Issuer may provide
for the financing and refinancing of one or more such health facilities located outside the
limits of the Issuing Unit with the consent of every city county and hospital district
within which such health facility is or is to be located and
~,~,, ,~
,~'` WHEREAS; the Issuer will finance the acquisition of certain hospital equipment
~' (th`e `Pr`oject")~in a~maximum principal amount of $3 000 000 from J P Morgan Chase &
.1~ C~.v~b~ UT Southwestern Moncrief Cancer Center (the Center") and
~~ WHEREAS th~e~Pro~ect will be located at the Center s facilities within the City of
F-~rt tWorth,-.Texas (xhe City") at 5801 Oakbend Trail Fort Worth, Texas and is located
oast ,de the limits of-°t1e~Issuing Unit
r ~ i,,,
'r'r~ ~: ~ '~ ~ J'
NOW; `THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS
Section 1 The City hereby consents to the financing by the Issuer of the Project as
provided by Section 221 030(a)(1) of the Act and approves the financing in a maximum
principal amount of $3 000 000 as required by Section 147(f) of the Internal Revenue
Code of 1986 provided that the City shall have no liability in connection with the
financing of the Project and shall not be required to take any further action with respect
thereto
Section 2 This Resolution shall take effect immediately from and after its adoption
and it is accordingly so ordered
Adopted this __ ~~_ day of ~ _ 2003
avor
APPROVED AS TO FORM AND LEGALITY
City Attorney
ATTEST
~°
s .r..,i
~~~ ~'~
;.
-~,~
• ~ n
i FF ~ l~..G
ty Secretary+-~ ~.,.
~m
'ref r~t~~""'x~yR^^'~'~i~1 t)~` ~'1
~PRRO~ED
C6~'Y CCs~NC~.
AUG 7 2003
'J
r,
.~., ~ i~' 4.u-~J
pity :~scYQtarxy of Q4te
Gzkp cif 4 csxt ~pT4h,, `~~T.a~
•