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HomeMy WebLinkAboutResolution 964 RESOLUTION FILE NO. RESOLUTION NO. APPROVING THE FORM OF THE OFFICIAL STATEMENT AND 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 1984 , 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 ( 1984 , in the aggregate principal amount of $50 ,535 ,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 January 17 , 1984 , for use in the public offering of the i� 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. 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 17th day of January, 1984. Mayor ATTEST: City Secretlary APPROVED AS TO FORM AND LEGALITY: v City Attorney (SEAL)