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
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CITY OF FORT WORTH