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<br />RESOLUTION NO. 98-135 <br /> <br />WHEREAS, the Health Facilities Development Act, Chapter 221, Texas Health and Safety <br />Code (the "Act"), authorizes and empowers Coastal Bend Health Facilities Development Corporation <br />(the "Issuer") to issue revenue bonds on behalf of the City of Corpus Christi, Texas (the "Issuing <br />Urnt"), to finance and refinance the costs of health facilities found by the Board of Directors of the <br />Issuer to be required, necessary, or convenient for health care, research, and education, anyone or <br />more, within the State of Texas and in furtherance of the public purposes of the Act; and, <br /> <br />WHEREAS, Section 221.030 of the Act provides that the Issuer may provide for the <br />financing of one or more health facilities located outside the limits of the Issuing Unit with the <br />consent of each city, county, or hospital district within which such health facility is or is to be located; <br />and, <br /> <br />WHEREAS, Incarnate Word Health System, a Texas nonprofit corporation, and St. Joseph's <br />Hospital and Health Care Center, one of its affiliates, propose to obtain financing from the Issuer <br />from a portion of the proceeds of the Issuer's bonds issued pursuant to the Act for the costs of the <br />health facility described in Exhibit A attached hereto (the "Project"); and, <br /> <br />WHEREAS, the Project will be located within the City of Paris, Paris, Texas (the "City") and <br />outside the limits of the Issuing Unit; NOW, THEREFORE, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS: <br /> <br />Section 1. That the City of Paris hereby consents to the financing by the Coastal Bend Health <br />Facilities Development Corporation of the Project described in Exhibit A, attached hereto, as required <br />by Section 221. 030 of the Act, provided that the City shall have no liability in connection with the <br />financing of the Project and shall not be required to take any further action with respect thereto. <br /> <br />Section 2. That this resolution shall take effect immediately from and after its adoption and <br />it is accordingly so ordered. <br /> <br />PASSED AND APPROVED this 14th day of September, 1998. <br /> <br /> <br />Charles H. Neeley, Mayor <br /> <br /> <br />ATTEST: <br /> <br />4 <br />'-m ~ lli it. ~ l'IW\!.>I\ ~ ~ <br />Mattie Cunningham, City Clerk - -- - <br /> <br />APPROVED AS TO FORM: <br /> <br />s~~ <br /> <br />Scott P. Foster, City Attorney <br /> <br />ATTACHMENT 1 <br />