HomeMy WebLinkAboutResolution 2633;y
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.--•-- CERTIFICATE FOR RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
FORT WORTH, TEXAS GIVING PERMISSION TO CITY OF
DAINGERFIELD, TEXAS HEALTH FACILITIES DEVELOPMENT
CORPORATION FOR THE FINANCING OF HEALTH
CARE FACILITIES WITHIN THE CITY OF FORT WORTH, TEXAS
THE STATE OF TEXAS §
CITY OF FORT WORTH §
We, the undersigned officers of the Crty Council of the Crty of Fort Worth, Texas (the
Crty"), hereby certify as follows
1 The Crty Council of Fort Worth, Texas convened in regular meeting on the 16th
day of May 2000 at the regular meeting place, and the roll was called of the duly constituted
officers and members of said Crty Council, to-wit.
Kenneth Barr Mayor
Jim Lane - a-~o•..~C Crty Councilmember
Chuck Silcox Crty Councilmember
Becky Haskm Crty Councilmember
Frank Moss Crty Councilmember
Clyde Picht Crty Councilmember
• Jeff Wentworth Crty Councilmember
Ralph McCloud Crty Councilmember
Wendy Davis City Councilmember
and it was found and determined that a quorum was present. Whereupon, among other business,
the following was transacted at said Meeting A written
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS
GIVING PERMISSION TO CITY OF DAINGERFIELD TEXAS HEALTH
FACILITIES DEVELOPMENT CORPORATION FOR THE FINANCING OF
HEALTH FACILITIES WITHIN THE CITY OF FORT WORTH, TEXAS
was introduced for the consideration of said Crty Council and read m full. It was then duly
moved and seconded that said Resolution be passed, and, after due discussion, said motion,
carrying with rt the passage of said Resolution, prevailed and carried by the following vote
AYES _ NOES _ ABSTENTIONS
2 That a true, full and correct copy of the aforesaid Resolution passed at the
meeting described m the above and foregoing paragraph is attached to and follows this
Certificate that said Resolution has been duly recorded m the minutes of said Meeting; that the
above and foregoing paragraph is a true, full and correct excerpt from the minutes of said
• Meeting pertaining to and passage of said Resolution, that the persons named m the above and
foregoing paragraph are the duly chosen, qualified and acting members of said City Council as
indicated therein, that each of the members of said Crty Council was duly and sufficiently
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notified officially and personally m 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 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 the provisions of Chapter 551 Texas
Government Code
SIGNED AND SEALED THIS ~6
G'ity Secretary
day of 2000
c~~.
Mayor
(SEAL)
APP VED AS TcO~FO'RM/ AND LEGALITY
David Yett, Crty Att ey
APPROVED
CITY COUNCIL
MAY 16 2000
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•~" Git~ S®crecary oS ens
(`ilty OIE pore ~OSen,'rAx3S
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RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FORT WORTH,
.• TEXAS GIVING PERMISSION TO CITY OF DAINGERFIELD, TEXAS
HEALTH FACILITIES DEVELOPMENT CORPORATION FOR THE
FINANCING OF HEALTH FACILITIES WITHIN
THE CITY OF FORT WORTH, TEXAS
WHEREAS the City of Fort Worth, Texas is a Sponsoring Entity" as defined m the
Health Facilities Development Act, Title IV Subtitle A, Chapter 221 of the Texas Health and
Safety Code, as amended (the Act") and
WHEREAS The Gladney Center ("Gladney"), doing business as The Gladney Center for
Adoption, a Texas nonprofit corporation as described m Section 501(c)(3) of the Internal
Revenue Code of 1986 as amended (the Code'), intends to acquire, construct, equip or improve
'health facilities as defined m the Act, including a 25 600 square foot, 2 story office building, a
5,200 square foot, 1 story visitors center a 14 000 square foot, 1 story community center and an
18 000 square foot, 1 story dormitory all located at 6200 John Ryan Drive m the Crty of Fort
Worth, Texas (the 'Project") and
WHEREAS Gladney has requested the City of Damgerfield, Texas Health Facilities
Development Corporation, a health facilities development corporation created under the Act (the
Corporation'), to enter into a series of loan transactions (the 'Loans') and to lend the proceeds
of the Loans in the maximum amount of $9,975 000 to Gladney for the purpose of financing the
• costs of the Project and the Loans, and
WHEREAS the Project shall be 'health facilities as defined in the Act; and
WHEREAS pursuant to Section 221 030 of the Act, the Corporation has authority to
acquire or cause a user to acquire, construct or improve one or more health facilities located
outside the limits of the Corporation's Sponsoring Entity with the consent of each other
Sponsoring Entity m which the health facilities are or will be located, and
WHEREAS the City Council of Fort Worth, Texas, as a Sponsoring Entity m which the
health facilities described above are to be acquired, constructed or improved by Gladney with
proceeds from the Loans, deems rt necessary and convenient to give permission to the
Corporation for the use of the proceeds of the Loans for the purposes hereinbefore described.
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT
WORTH, TEXAS THAT
1 Consent is given to the Corporation to lend the proceeds of the Loans to Gladney
and/or any affiliate thereof to be used to acquire, construct, equip or improve the Project and to
pay all costs associated with the Loans.
2. This Crty Council finds, determines and declares that the use of the proceeds of
• the Loans as described herein is in the public interest and to the benefit of the citizens of the Crty
of Fort Worth, Texas and the citizens of the State of Texas, and is required, necessary or
convenient for health care, research and education within the State of Texas.
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~° 3 This Resolution is given solely for the purpose of complying with Section
221 030 of the Act and for no other purpose, and the Loans shall in no way be an obligation or
habilrty of the Crty of Fort Worth, Texas, or any other political subdivision.
4 This approval shall take effect immediately
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