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HomeMy WebLinkAboutResolution 2052A Resolution a D 5a CONSENTING TO THE FINANCING IN THE AMOUNT OF $6,675,000 OF CERTAIN HEALTH FACILITIES FOR THE BENEFIT OF TARRANT COUNTY HOSPITAL DISTRICT UNDER THE CENTRAL TEXAS POOLED HEALTH CARE LOAN PROGRAM (SERIES 1993A) WHEREAS, the Bell County Health Facilities Development Corporation (the `Issuer") was created by Bell County pursuant to the Health Facilities Development Act, as amended (Chapter 221 Texas Health and Safety Code) (The Act") and WHEREAS, pursuant to the Act, the Issuer has funded a pooled health care loan program through the issuance of a serves of revenue bonds designated as `Bell County Health Facilities Development Corporation Revenue Refunding Bonds (Central Texas Pooled Health Care Loan Program), Series 1993A (the `Program') and WHEREAS, the purpose of the Program is to make loans to finance `health facilities" within the meaning of the Act; and WHEREAS, the Issuer ~s contemplating making a loan under the Program to enable Tarrant County Hospital Distract (the `User") to acquire certain health facilities (the `Project") located (or to be located) within the territorial hmrts of the Crty of Fort Worth, Texas (the `City") and WHEREAS, the Project consists of acquiring certain personal property as more particularly described m the Order of the Commissioners Court of Tarrant County authorizing the issuance of Tarrant County Hospital District Public Property Finance Contractual Obligations, Series 1995 and WHEREAS, Section 221 030 of the Act provides that the Issuer may cause health facilities to be acquired, constructed, and/or improved under the Act at a location outside of the territorial hmrts of such Issuer's `sponsorang entity only with the consent of ae ch other sponsoring entity in which such health facilities are located, and WHEREAS, the City is a sponsorang entity under the Act whose consent is so required, and WHEREAS, the City desires to give such consent with respect to the Project; now therefore; CITY OF FORT WORTH BE IT RESOLVED BY THE CITY OF FORT WORTH. The statements m the preamble of this Resolution are hereby adopted and made a part of this Resolution. 2. The City solely for purposes of Section 221 030 of the Act, hereby consents to the acquisition of the Project under the Program for the benefit of the User That this Resolution shall take effect and be in full force and effect from and after the date of rts passage, and rt is so resolved. 4 That rt is hereby officially found and determined that the meeting at which this Resolution was passed 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, as amended. ATTEST City Secretary City of Fort Worth, Texas APPROVED AS TO FORM AND LEGALITY City Attorney City of Fort Worth, Texas APPROVED CITY COUN~iL APR 41995 ~.~ ~af.si~e,~,J cic°y ~ ~°'°~r'~o~'~ CITY OF FORT WORTH