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<br />RESOLUTION NO. 85-094
<br />
<br />RESOLUTION CONSENTING TO CAPITAL IMPROVEMENTS
<br />AT ST. JOSEPH'S HOSPITAL AND HEALTH CENTER
<br />AND THE ISSUANCE OF BONDS BY THE BEXAR
<br />COUNTY HEALTH FACILITIES DEVELOPMENT CORPORATION
<br />TO REFINANCE SUCH IMPROVEMENTS
<br />
<br />WHEREAS, St. Joseph's Hospital and Health Center (the
<br />"Hospital"), situated in the City of Paris, Paris, Texas, is
<br />owned and operated by St. Joseph's Hospital and Health
<br />Center, a Texas non-profit corporation; and,
<br />
<br />WHEREAS, St. Joseph's Hospital and Health Center has
<br />previously financed certain capital improvements to the
<br />Hospital, for the purpose of expanding said Hospital; and,
<br />
<br />WHEREAS, the project was financed in part with the
<br />proceeds of Paris Hospital Authority Hospital Revenue Bonds,
<br />Series 1980 and 1983, St. Joseph's Hospital Project, the
<br />"outstanding bonds"; and,
<br />
<br />WHEREAS, the Health Facilities Development Act, Article
<br />1528j, Vernon's Texas Civil Statutes, hereinafter, together
<br />with any amendments, called the "Act", provides for the
<br />creation by sponsoring entities of health facilities
<br />development corporations with powers to provide, expand, and
<br />improve health facilities; and,
<br />
<br />WHEREAS, the Act defines a "sponsoring entity" as any
<br />city, county or hospital district in Texas; and,
<br />
<br />WHEREAS, Bexar County, Texas, is a sponsoring entity
<br />pursuant to the act and has established the Bexar County
<br />Health Facilities Development Corporation, the "Health
<br />Facilities Corporation", pursuant to the Act; and,
<br />
<br />WHEREAS, the Health Facilities Corporation at its
<br />October 23, 1985, meeting adopted a resolution agreeing and
<br />declaring its intention to issue its limited obligation
<br />notes and/ or bonds to provide all or a portion of the
<br />amounts necessary to refinance the Project by refunding the
<br />Outstanding Bonds; and,
<br />
<br />WHEREAS, the Health Facilities Corporation may so act
<br />with respect to the Hospital, a health facility outside the
<br />limits of Bexar County, only with the consent of every other
<br />sponsoring entity within which the Hospital is located; and,
<br />
<br />WHEREAS, the City of Paris, Paris, Texas, is a
<br />sponsoring entity within which the Hospital is located and
<br />has been requested to give its consent pursuant to the Act;
<br />and,
<br />
<br />WHEREAS,
<br />
<br />the
<br />
<br />action
<br />
<br />of
<br />
<br />the
<br />
<br />Health
<br />
<br />FR~_i 1; r; ~Q
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