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1992-008-RES RESOLUTION APPROVING A BOND RESOLUTION BY PARIS HEALTH FACILITIES DEVELOPMENT RESOLUTION NO. Q2-0Q8 RESOLUTION APPROVING A BOND RESOLUTION BY PARIS HEALTH FACILITIES DEVELOPMENT CORPORATION PROVIDING FOR THE ISSUANCE OF BONDS FOR L. P. MCCUISTION COMMUNITY HOSPITAL D/B/A MCCUISTION REGIONAL MEDICAL CENTER THE STATE OF TEXAS : CITY OF PARIS WHEREAS, Paris Health Facilities Development Corporation (the "Issuer") was created under the auspices of the city of Paris, Texas; and WHEREAS, a public hearing was held with respect to the issuance of bonds by the Issuer for the benefit of L. P. McCuistion community Hospital d/b/a McCUistion Regional Medical Center; and WHEREAS, it is deemed necessary and advisable that this Resolution be adopted. THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PARIS, TEXAS THAT: Section 1. The "Resolution of Paris Health Facilities Development Corporation concerning issuance of Revenue Bonds with respect to certain health facilities of L. P. McCUistion community Hospital d/b/a McCUistion Regional Medical Center and Authorizing the Execution and Delivery of all Financing Documents relating to the Issuance, Sale, and Delivery of such Bonds, inclUding a Trust Indenture, a Loan Agreement, a Bond Purchase Agreement, an Escrow Agreement and Other Documents in Connection Therewith" in substantially the form and substance attached to this Resolution and made a part hereof for all purposes, is hereby specifically approved, and the Trust Indenture and Loan Agreement attached thereto are hereby specifically approved, and the Series 1992 Bonds in the maximum principal amount of $13,500,000 may be issued pursuant thereto for the purpose of financing and refinancing the costs of certain health facilities built and to be built by the Hospital and paying a portion of the cost of issuance. section 2. The city of Paris hereby approves the issuance of the aforesaid Series 1992 Bonds in the maximum aggregate principal amount of $13,500,000 for L. P. McCUistion Community Hospital d/b/a McCUistion Regional Medical Center, and further approves the Projects as described in the Bond Resolution relating to the Series 1992 Bonds, and such approval shall be solely for the purposes of section 147(f) of the Internal Revenue Code of 1986 and the City shall have no liabilities for the payment of the Series 1992 Bonds nor shall any of its assets be pledged to payment of the Series 1992 Bonds. PASSED AND APPROVED this loth day of February, 1992. The Bond Resolution is omitted at this time as it appears elsewhere in this transcript. ATTEST: Joe McCo City Clerk APPROVED ~~Sht~ CERTIFICATE FOR RESOLUTION APPROVING A BOND RESOLUTION BY PARIS HEALTH FACILITIES DEVELOPMENT CORPORATION PROVIDING FOR THE ISSUANCE OF BONDS FOR L. P. MCCUISTION COMMUNITY HOSPITAL D/B/A MCCUISTION REGIONAL MEDICAL CENTER THE STATE OF TEXAS CITY OF PARIS . . We, the undersigned officers of the city of Paris, Texas, hereby certify as follows: 1. The City Council of Paris, Texas convened in REGULAR MEETING ON THE 10TH DAY OF FEBRUARY, 1992, at the designated meeting place, and the roll was called of the duly constituted officers and members of said city Council of Paris, Texas, to wit: George Fisher, Mayor E. W. (Bill) Booth Don G. Shelton Emma Smith Joe McCollum, Assistant City Clerk Millie Ingram Jim Bell Billy Joe Burnett and all of said persons were present, except the following absentees: NONE , thus constituting a quorum. Whereupon, among other business, the following was transacted at said Meeting: a written RESOLUTION APPROVING A BOND RESOLUTION BY PARIS HEALTH FACILITIES DEVELOPMENT CORPORATION PROVIDING FOR THE ISSUANCE OF BONDS FOR L. P. MCCUISTION COMMUNITY HOSPITAL D/B/A MCCUISTION REGIONAL MEDICAL CENTER was introduced for the consideration of said City Council and read in full. It was then duly moved and seconded that said Resolution be adopted1 and, after due discussion, said motion, carrying with it the adoption of said Resolution, prevailed and carried by the following vote: AYES: 7 NOES: o ABSTENTIONS: n . 2. 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 1 that said Resolution has been duly recorded in said City Council's minutes of said Meeting1 that the above and foregoing paragraph is true, full, and correct excerpt from said City Council's minutes of said meeting pertaining to the adoption of said Resolution1 that the persons named in the above and foregoing paragraph are the duly ~hosen, 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 and personally, 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 each of said officers and members consented, in advance, to the holding of said Meeting for such purpose: 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 Vernon's Ann. civ. stat. Article 6252-17. SIGNED AND SEALED the loth day of February, 1992. ~fL Assistant ity Clerk Joe McCollum ~~ -/-~ ' /r/~r Geor8e Fisher (SEAL)