HomeMy WebLinkAboutResolution 1162
RESOLUTION NO. 11021
APPROVING THE FORM OF THE OFFICIAL STATEMENT AND
r AUTHORIZING ITS EXECUTION BY THE MAYOR AND CITY
SECRETARY; AUTHORIZING ITS USE IN THE PUBLIC
OFFERING OF CITY OF FORT WORTH, TEXAS WATER AND
SEWER SYSTEM REVENUE REFUNDING BONDS, SERIES
1986-A, IN ACCORDANCE WITH THE PURCHASE CONTRACT
CONCURRENTLY AUTHORIZED; AUTHORIZING THE MAYOR TO
DELIVER-EXECUTED COPIES OF SAME TO THE PURCHASERS
OF THE BONDS NAMED IN THE PURCHASE CONTRACT
THE STATE OF TEXAS
COUNTY OF TARRANT
CITY OF FORT WORTH
WHEREAS, concurrently herewith the City has passed an
ordinance authorizing the issuance of City of Fort Worth,
Texas Water and Sewer System Revenue Refunding Bonds, Series
1986-A, in the aggregate principal amount of $62,950,000
(the "Bonds") ; and
WHEREAS, said ordinance provides therein that the Bonds
are to be sold to the purchasers therein named at the price
therein stated in accordance with the terms of a Purchase
Contract; and
WHEREAS, the Purchase Contract requires the City to
deliver to the purchasers of the Bonds executed copies of
the Official Statement substantially in the form dated July
22, 1986, for use in the public offering of the Bonds; and
WHEREAS, it is the desire. of the City to approve the
form of the Official Statement and authorize its execution
by the proper officers of the City.
I
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF FORT WORTH, TEXAS:
1. That the Official Statement substantially in the
form attached hereto and made a part hereof is hereby in all
respects approved by the city Council, and the Mayor and the
City Secretary are hereby authorized to execute same.
2. That upon execution in the manner herein prescribed
the Mayor is hereby directed to deliver executed copies of
said Official Statement to the purchasers of the Bonds named
in the Purchase Contract.
3. That the Official Statement with such appropriate
variations as shall be approved by the Mayor and said
purchasers shall be used by the said purchasers in the
public offering and sale of the Bonds.
4. That this resolution shall be effective immediately
upon adoption.
ADOPTED this 22nd day of July, 1986.
..
mayor
ATTEST:
City Secretary
APP OVED AS TO FORM AN GALITY:
?k ?JV v
City Attorney
(SEAL)
r°
THE STATE OF TEXAS
COUNTY OF TARRANT s
CITY OF FORT WORTH .
I, Ruth Howard, 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 which was held on July 22nd,
1986, 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
22nd day of July, 1986.
City-Secretary of the City of
Fort Worth, Texas
(.SEAL)