RESO 1996-06 - Issue TRA Revenue BondsRESOLUTION NO. 96-06
RESOLUTION APPROVING A RESOLUTION AUTHORIZING THE ISSUANCE,
SALE, AND DELIVERY OF TRINITY RIVER AUTHORITY OF TEXAS
CONTRACT REVENUE BONDS, SERIES 1996 (HUNTSVILLE REGIONAL
WATER SUPPLY SYSTEM PROJECT) AND APPROVING AND AUTHORIZING
INSTRUMENTS AND PROCEDURES RELATING THERETO
WHEREAS, the governing body of the City deems it to be
appropriate and in the best interests of the City to approve a
Resolution Authorizing the Issuance, Sale and Delivery of Trinity
River Authority of Texas Contract Revenue Bonds, Series 1996
(Huntsville Regional Water Supply System Project) and Approving and
Authorizing Instruments and Procedures Relating Thereto.
THEREFORE, BE IT-RESOLVED BY THE CITY COUNCIL OF THE CITY OF
HUNTSVILLE:
Section 1. That there has been submitted to the City the
attached draft of Resolution No. R-954, being a "Resolution
Authorizing the Issuance, Sale and Delivery of Trinity River
Authority of Texas Contract Revenue Bonds, Series 1996 (Huntsville
Regional Water Supply System Project) and Approving and Authorizing
Instruments and Procedures Relating Thereto" (the "Bond
Resolution") proposed to be adopted by the Board of Directors of
Trinity River Authority of Texas (the "Authority"). Said draft is
hereby approved by the City as to form and substance, and the bonds
(the "Bonds") described therein may be issued the the Authority in
accordance with the terms and provisions set forth therein.
Section 2. That the maturity schedule, interest rates and
other details with respect to the Bonds, as well as the purchase
price of the Bonds, shall be set forth in a bond purchase agreement
to be executed as set forth in the Bond Resolution, and such
maturity schedule, interest rates, other details and purchase price
as so determined are hereby approved by the City.
Section 3. That it is acknowledged and agreed by the City
that the Bonds as so authorized pursuant to the Bond Resolution
will be issued in strict conformance and compliance with the
Trinity River Authority of Texas - City of Huntsville Water
Treatment Facilities, Water Transmission and Clear Well Storage
Facilities Contract (the "Contract"), dated as of September 28,
1976, as amended on December 7, 1983 and November 2, 1995, executed
between the Authority and City, and relating to the Project as
defined in said Contract, and that the City will be fully bound by
the provisions of said Bond Resolution insofar as they pertain to
the City, and the City will be unconditionally obligated to make
the payments with respect to the Bonds as required by the Contract
and the Bond Resolution.
CERTIFICATE FOR
RESOLUTION APPROVING A RESOLUTION AUTHORIZING THE ISSUANCE,
SALE, AND DELIVERY OF TRINITY RIVER AUTHORITY OF TEXAS
CONTRACT REVENUE BONDS, SERIES 1996 (HUNTSVILLE REGIONAL
WATER SUPPLY SYSTEM PROJECT) AND APPROVING AND AUTHORIZING
INSTRUMENTS AND PROCEDURES RELATING THERETO
THE STATE OF TEXAS
COUNTY OF WALKER
CITY OF HUNTSVILLE
We, the undersigned, Mayor and City Secretary of the City of
Huntsville, Texas, hereby certify as follows:
1. The City Council of the. City of Huntsville convened in
SPECIAL MEETING ON THE 26th DAY OF February, 1996, in the City
Council Chamber in the City Hall, and the roll was called of the
duly constituted officers and members of said City Council, to wit:
William B. Green, Mayor
Ronald L. Lange, Mayor Pro Tem
David Martinez
Marjorie Rex
Andrew Holmes
Dan Davis
Ann James
Dave Luning
Jo Ann Matthews
and all of said persons were present, except the following
absentees: Ann James, JoAnn Matthews
thus constituting a quorum. Whereupon, among other business, the
following was transacted at said Meeting: a written
RESOLUTION APPROVING A RESOLUTION AUTHORIZING THE ISSUANCE,
SALE, AND DELIVERY OF TRINITY RIVER AUTHORITY OF TEXAS
CONTRACT REVENUE BONDS, SERIES 1996 (HUNTSVILLE REGIONAL
WATER SUPPLY SYSTEM PROJECT) AND APPROVING AND AUTHORIZING
INSTRUMENTS AND PROCEDURES RELATING THERETO
was duly introduced for the consideration of said City Council and
duly read. It was then duly moved and seconded that said
Resolution be adopted; and, after due discussion, said motion,
carrying with it the adoption of said Resolution, prevailed and
carried by the following record vote:
AYES: Unanimous
NOES:
ABSTENTIONS:
That a true, full, and correct copy of the aforesaid
Resolution adopted at the Meeting described in the above and
foregoing paragraph is attached to and follows this Certificate;
that said Resolution has been duly recorded in said City Council's
minutes of said Meeting; that the above and foregoing paragraph is
a true, full, and correct excerpt from said City Council's minutes
of said Meeting pertaining to the adoption of said Resolution; that
the persons named in the above and foregoing paragraph are the duly
chosen, qualified, and acting officers and members of said City
Council as indicated therein; and that each of the officers and
members of said City Council was duly and sufficiently notified
officially, in advance, of the time, place, and purpose of the
aforesaid Meeting, and that said Resolution would be introduced and
considered for adoption at said Meeting; and that said Meeting was
open to the public, and public notice of the time, place, and
purpose of said Meeting was given, all as required by Chapter 551,
Texas Government Code.
SIGNED AND SEALED the
26th day of
February
41/k
ity Secretary Mayor
City of Huntsville, Texas
, 1996.
City of Huntsville, Texas
(CITY SEAL)
I, the undersigned, City Attorney of the City of Huntsville,
Texas, hereby certify that I read and approved as to legality the
attached and following Resolution, prior to its adoption.
City Attney
ACKNOWLEDGMENT OF NOTICE OF
SPECIAL MEETING FOR ABSENTEES
THE STATE OF TEXAS
COUNTY OF WALKER
CITY OF HUNTSVILLE
Each of the undersigned officers or members of the City
Council of said City hereby acknowledges and certifies that he
or she was duly and sufficiently notified officially and
personally, in advance, of the time, place and purpose of the
Special Meeting of said City, which was held at the regular
designated meeting place in said City on February 26
1996, and that a
RESOLUTION APPROVING A RESOLUTION AUTHORIZING THE ISSUANCE,
SALE, AND DELIVERY OF TRINITY RIVER AUTHORITY OF TEXAS
CONTRACT REVENUE BONDS, SERIES 1996 (HUNTSVILLE REGIONAL
WATER SUPPLY SYSTEM PROJECT) AND APPROVING AND AUTHORIZING
INSTRUMENTS AND PROCEDURES RELATING THERETO
would be introduced and considered for passage at said Special
Meeting, and that he or she consented in advance to the
holding of said Special Meeting for such purpose.
SIGNED the 27th 4y of February , 1996.
atthews
Ann James