HomeMy WebLinkAboutContract 27838c�i�Y ��c��r��� ��1
CON`�R�ICY N� .
CL�STNG CERTIFICATE
TI-�E STATE OF TE�AS
COUNTY OF T�RR.ANT
CITY OF FORT W(?RTH
We, the undersigned, hereby certify tha# we are the City Manager and the City
Secretary of the City of Fort Warth, Texas (th� "Cily"}, and we fiirther c�rtify as follows:
1. That this certzficate is executed �ox and on behalf of said City �vitii reference to tl�e
issuance nf TRINTTY RNER AUTHORIT�.' OF TEXAS CITY QF FORT WORTH
WATER AND WASTEi�LjATE� TRAN�NIISSION CONTRA.CT {SENDERA R.ANCH
PROxECT) REVENU� BOI`�DS, SERIES 2002, xn the principal amounts of $1.4,560,000
(the "Bonds").
2. Tha.t, to our best knowledge and belief:
(a) the descriptions and statements a� ar pertain.ing to the City contained in ihe
Official Statem.ent of the Trinity R�iver Authority of Texas and any addenda, supplerzient ar
amencTment thereta, for the �3onds, on the date of such Official Statement, on ihe date o�'sale
of said Bond�, and on #he date of the deli�ery, were and are trtze and correct in a11 material
respects;
(%} insofar as the City and its affairs, inc�uding its financial affairs, axe cancerned,
such iJfficial Statement did not and daes not contain an untrue stateme�t of a material fact or
omit ta state a material fact ret�uired to be stated therein or necessary to make the statements
therein, in the light of the circumstances uz�der which they were made, noi misleading
(c) in.sofar as the descriptions and statement�, incluc�ir�g financial data, af or
pertaitung to entzties other than the City arid tbe�t aciivities cantainsd in such Official
Statement are concerned, such statements and daia have been obtained from sources which
the City belzeves ta be reiiable and that ihe City has no reason to believe that they are unt�rue
in any material respect; and
(d) there has been no material adverse change in the �i�.ancial condition of the City
since the date of the last audiied financial statement of the City appearing in �'ie Official
Statement.
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SIGNED AND SEALED fihis .`, �'►�FI(r1� r
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CI'TY OF FORT WORTH
Marc Ott
A5515t31]t
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Manager
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City Secretary
(CITY �EAL}
.A.pproved as to Form:
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Assistant ity Attorney
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Contxac�. Au�:h zization
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Date
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C'ity of'.�F'o�t Wor�th� T'�as
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DATE REFERENCE NUMBEF2 LOG NAIVI� PAGE
614102 **�d�g� �� 60FINANCING 1 of 1
SUBJECT AGREEMENT BETW�EN THE C1TY OF �ORT WORTH AND THE TRINITY RIVER
AUTHORITY OF TEXAS FOR FINANCING THE CONSTRUCTION �F OFFSfTE
WATER AND SEWER MAINS FOR THE SENDERA RANCH DEVELOPMENT
RECOMMENDATION:
It is recommended that t�e City Cauncil authorize the City Manager to execute an agreement befween
the City af Fort Warth and the Trinity Ri�er Authority of Texas for financing the constructEon of offsite
waier and sewer mains for the 5endera Ranch De�elopment.
DISCUSSIDN:
�n December 11, 2D�1 (M&C C-18878), the City Council approved a D�veloPer's Agreement between
the City of Fort Worth and Sendera Ranch, Ltd. One af the requirements of this agreement was that
the City wauld construct offsite water and sanitary sewer mains from an �xisting sewer main in the
Trinity River Authority service area east af th� d�velopment ta the southeastern boundary af the
development.
The Trinity Ri�er Autharity (TRA) has agreed to provi�e 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 Cfe�k Wastewaier Treafiment Plant. This agreement pro�ides for fhe TRA
to issue bonds payable from and secured by payments made by tF�e Ci#y, suffici�nt to fund the cosi of
design and construction of the required facili�i�s in the amount of $11,20Q,oaa.
FISCAL INFORMATlONIGERTIF'ECATION:
The Firtance Director certifies that ft�nds for this agreement are not required at this time. S�rfficient
funds will be budg�ted in the Water and Wastewater Fund and payments fo TRA will be accomplished
through the aperating fund.
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8ubmitted for City Manager's
Of6ce by:
�u�vn � accourrr �
(to)
CENTER I AMOYINT I CITY S�CRETARY
Bridgette Garrett {Acting)
Driginating DeparEment Head:
bale Fisseler
Additional Infarmat[on Cantact:
Dale Fisseler
6144
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82Q7 I (from}
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8207 I
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` APPROVED 06/Q4/02
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