HomeMy WebLinkAboutContract 27838 07-6: -0 2._ PO4-52 (I IN CITY SECRETARY
CONTRACT NO. O��
CLOSING CERTIFICATE
THE STATE OF TEXAS
COUNTY OF TARRANT
CITY OF FORT WORTH
We, the undersigned, hereby certify that we are the City Manager and the City
Secretary of the City of Fort Worth, Texas (the "City"), and we further certify as follows:
1. That this certificate is executed for and on behalf of said City with reference to the
issuance of TRINITY RIVER AUTHORITY OF TEXAS CITY OF FORT WORTH
WATER AND WASTEWATER TRANSMISSION CONTRACT (SENDERA RANCH
PROTECT) REVENUE BONDS, SERIES 2002, in the principal amounts of$10,560,000
(the 'Bonds").
2. That,to our best knowledge and belief:
(a) the descriptions and statements of or pertaining to the City contained in the
Official Statement of the Trinity River Authority of Texas and any addenda, supplement or
amendment thereto,for the Bonds,on the date of such Official Statement,on the date of sale
of said Bonds, and on the date of the delivery,were and are true and correct in all material
respects;
(b) insofar as the City and its affairs, including its financial affairs, are concerned,
such Official Statement did not and does not contain an untrue statement of a material fact or
omit to state a material fact required to be stated therein or necessary to make the statements
therein, in the light of the circumstances under which they were made, not misleading;
(c) insofar as the descriptions and statements, including financial data, of or
pertaining to entities other than the City and their activities contained in such Official
Statement are concerned, such statements and data have been obtained from sources which
the City believes to be reliable and that the City has no reason to believe that they are untrue
in any material respect; and
(d) there has been no material adverse change in the financial condition of the City
since the date of the last audited financial statement of the City appearing in the Official
Statement.
C01ti' '� GC?( 1�1�, '11
.ter.:._.e-...........er,t.•a*.re^ �__
SIGNED AND SEALED this
CITY OF FORT WORTH
Marc Ott
Assistant City Manager
City Secretary
(CITY SEAL)
Approved as to Form: contract Authorization
l 4/
Date
Assistant 6ty Attorney
CCU Nfl llU``U
n
?. P!.!A)rIa o
City of Fort Worth, Texas
ql%yjofr and , uncit conimunimcion
0
CW
DATE REFERENCE NUMBER LOG NAME PAGE
6/4/02 **C_1 9112 60FINANCING 1 of 1
SUBJECT AGREEMENT BETWEEN THE CITY OF FORT WORTH AND THE TRINITY RIVER
AUTHORITY OF TEXAS FOR FINANCING THE CONSTRUCTION OF OFFSITE
WATER AND SEWER MAINS FOR THE SENDERA RANCH DEVELOPMENT
RECOMMENDATION:
i
It is recommended that the City Council authorize the City Manager to execute an agreement between
the City of Fort Worth and the Trinity River Authority of Texas for financing the construction of offsite
water and sewer mains for the Sendera Ranch Development.
DISCUSSION:
On December 11, 2001 (M&C C-18878), the City Council approved a Developer's Agreement between
the City of Fort Worth and Sendera Ranch, Ltd. One of the requirements of this agreement was that
the City would construct offsite water and sanitary sewer mains from an existing sewer main in the
Trinity River Authority service area east of the development to the southeastern boundary of the
development.
The Trinity River Authority (TRA) has agreed to provide financing for the design and construction of the
water and sewer infrastructure since the Sendera Ranch Development is located in the TRA service
area served by the Denton Creek Wastewater Treatment Plant. This agreement provides for the TRA
to issue bonds payable from and secured by payments made by the City, sufficient to fund the cost of
design and construction of the required facilities in the amount of$11,200,000.
FISCAL INFORMATION/CERTIFICATION:
The Finance Director certifies that funds for this agreement are not required at this time. Sufficient
funds will be budgeted in the Water and Wastewater Fund and payments to TRA will be accomplished
through the operating fund.
BG:n
Submitted for City Manager's FUND I ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
Bridgette Garrett(Acting) 6140
Originating Department Head:
Dale Fisseler 8207 (from) APPROVED 06/04/02
Additional Information Contact:
Dale Fisseler 8207