HomeMy WebLinkAboutResolution 1795A . Resolutou~~ ~~~o~ No.~~•
JOINT RESOLUTION OF THE CITIES OF DALLAS AND FORT
WORTH, TEXAS REGARDING TEFRA APPROVAL. OF THE DALLAS-
FORT WORTH REGIONAL AIRPORT JOINT REVENUE BONDS,
SERIES 1992 AND SERIES 1992A PREVIOUSLY AUTHORIZED AND
SOLD CONCURRENTLY BY THE CITIES
WHEREAS, the Cities of Dallas and Fort Worth, Texas (the
"Cities") have previously approved the issuance and forward the
sale of the Dallas-Fort Worth Regional Airport Joint Revenue Bonds,
Series 1992 and Series 1992A (the "Bonds-); and
WHEREAS, Section 147 of the Federal Income Tax Code requires that
a public hearing be held and approval be given for purposes.of
Section 147 by the highest elected official of the issuer within
the year preceding the date of delivery of the Bonds in order for
such Bonds to be exempt from Federal Income Taxes;
NOW, THEREFORE, be it resolved by the City of Fort Worth, Texas
Richard S. Williams is hereby appointed to be the
designated Hearing Officer for a public hearing relating
to the Bonds to be held for purposes of satisfying
Section 147 of the Code and the Mayors are hereby
authorized to approve the issuance of the Bonds and the
use of the proceeds thereof for the purposes of
satisfying the requirements of Section 147 of the Code.
Adopted this -~~~//f day of, 1992.
Kay Granger
Mayor
~PPRDVED BY
CITY. COUNCIL
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