HomeMy WebLinkAboutResolution 1006 Idopted Resolution�No.// '�
RESOLUTION APPOINTING THE
DALLAS-FORT WORTH REGIONAL AIRPORT BOARD
TO CONDUCT PUBLIC HEARINGS WITH RESPECT TO
DALLAS-FORT WORTH REGIONAL AIRPORT
JOINT REVENUE BONDS
WHEREAS, the Cities of Dallas and Fort Worth, Texas
pursuant to the Contract and Agreement have provided for the
establishment of the Dallas-Fort Worth Regional Airport and
the Dallas-Fort Worth Regional Airport Board;
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WHEREAS, the Cities jointly issue the Dallas-Fort Worth
Regional Airport Joint Revenue Bonds for the development of
the Airport. i
WHEREAS, the Tax Equity and Fiscal Responsibility Act
of 1982 requires that a public hearing be conducted by any
individual appointed to perform such function prior to the
issuance of any future Dallas-Fort Worth Regional Airport
Joint Revenue Bonds;
WHEREAS, the Dallas-Fort Worth Regional Airport Board
is the appropriate body to conduct such public hearings on
behalf of the Cities of Dallas and Fort Worth:
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF FORT WORTH, TEXAS, THAT:
The Dallas-Fort Worth Regional Airport Board is hereby
appointed to conduct public hearings on behalf of the City
of Fort Worth, Texas for bonds to be issued jointly by the
Cities of Dallas and Fort Worth to finance facilities at the
Dallas-Fort Worth Regional Airport for purposes of the
public approval requirement of Section 103 (k) of the
Internal Revenue Code of 1954, as amended. This Resolution
shall take effect at the time of its adoption.
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