HomeMy WebLinkAboutResolution 1242V
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RESOLUTION NO. Lz?
A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF
FORT WORTH, TEXAS, APPROVING THE "PRIVATE PLACE-
MENT MEMORANDUM" PREPARED IN CONNECTION WITH THE
ISSUANCE OF THE PROPOSED $978,000 "CITY OF FORT
WORTH, TEXAS PUBLIC PROPERTY FINANCE CONTRACTUAL
-- OBLIGATIONS, SERIES 1987", AND AUTHORIZING EXECU-
TION OF SAID DOCUMENT
WHEREAS, a "Private Placement Memorandum" has been
prepared in connection with the proposed issuance of
$978,000 "City of Fort Worth, Texas Public Property Finance
Contractual Obligations, Series 1987"; and
WHEREAS, said document has been submitted and reviewed
by the proper officials of the City, and such officials have
reported to this governing body that to the best of their
knowledge after reasonable investigation the representations
of fact pertaining to the City are true and correct; and
WHEREAS, the officials of the City, who reviewed said
"Private Placement Memorandum", and this governing body know
of no facts that have not been disclosed in said document
that would have a materially adverse bearing on the securi-
ties proposed to be issued and sold.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH:
Section 1. That the "Private Placement Memorandum"
prepared in connection with the issuance and sale of the
proposed $978,000 "City of Fort Worth, Texas, Yub11C
Property Finance Contractual Obligations, Series 1987" is
10 hereby approved, such document to read substantially as
.5 d
follows:
J
and the Mayor and City Secretary are hereby authorized to
execute and cause distribution to be made of said document
for and on behalf of the City of Fort Worth, Texas and this
governing body.
Section 2. The Finance Director is hereby authorized
to approve any ;addenda or amendments to the "Private Place-
ment Memorandum", and cause the same to be appropriately
circulated and/or published.
Mayor, City of Fort Worth, Texas
ATTEST:
1 Lid- 441,-t?
• G?°"' City cretary, City of Fort
Worth, Texas
P ROVED AS FO AN LEGALITY:
City Attorney, City of Fort
Worth, Texas
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THE STATE OF TEXAS
COUNTY OF TARRANT
CITY OF FORT WORTH
'1,n0- C 10 -j e r Ass,s+'art4 4?, 4h_,e
I, ,n City Secretary of the City of Fort
Worth, in the State of Texas, do hereby certify that I have
compared the attached and foregoing excerpt from the minutes
of the regular, open, public meeting of the City Council of
the City of Fort Worth, Texas, and of a Resolution which was
held on July 14, 1987, and of a Resolution which was duly
adopted at said meeting, and that said copy is a true and
correct copy of said excerpt and the whole of said
Resolution.
In testimony whereof, I have set my hand and have
hereunto affixed the seal of said City of Fort Worth, this
14th day of July, 1987.
City cretary of the City of
Fort Worth, Texas
(SEAL)
APPROVED BY
CITY COUNCIL
JUL 14
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Q ?4?
• r City Secretary of the
?~ .City of Fort Worth, Texas