Loading...
HomeMy WebLinkAboutResolution 1023 3 RESOLUTION APPROVING THE RESOLUTION OF THE FORT WORTH AIRPORT IMPROVEMENT AUTHORITY, INC. AUTHORIZING THE EXECUTION AND DELIVERY OF AN OFFICIAL STATEMENT AND A CONTRACT OF PURCHASE WHEREAS, Fort Worth Airport Improvement Authority, Inc. (the "Issuer") was created under the auspices of the City of Fort Worth, Texas (the "Unit") ; and WHEREAS, pursuant to an amendment to its Articles of Incorporation the Issuer's name is to be changed to the Lone Star Airport Improvement Authority, Inc. ; and WHEREAS, the Issuer, by Resolution adopted December 4., 1984, has authorized the execution and delivery of an Official Statement and a Contract of Purchase relating to the sale of its Multiple Mode Demand Revenue Bonds, Issue A of 1984 (American Airlines, Inc. Project) and its Multiple Mode Demand Revenue Bonds, Issue B of 1984 (American Airlines, Inc. Project) ; and WHEREAS, the Act requires that the governing body of the Unit approve by written resolution any agreement to issue bonds approved by the Issuer; and WHEREAS, it is deemed necessary and advisable that this Resolution be adopted. THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS THAT: Section 1 . The "Resolution Authorizing the Execution and Delivery of an Official Statement and a Contract of Purchase" , in substantially the form and substance attached to this Resolution and made a part hereof for all purposes, is hereby specifically approved, and the Bonds may be issued as provided for therein. Section 2. That this Resolution shall take effect immediately from and after its adoption. PASSED AND APPROVED this 4th day o 9 ecember, 19 d ( — JA — — Mayor, City of ort Worth, Texas ATTE = City tary, Ciity of-Fort Worth, Texas "(SEAI;) A ROVED AS TO FORM.-D City Attorney, City of Fort Worth, Texas