83-064 RES APPROVING ISSUANCE OF PARIS HEALTH FACILITIES DEVEOPMENT CORP REVENUE BONDS SERIES 1983RESOLUTION N0. 83-,Afi~
kESOLUTION
APPROVITIG TI-IE ISSUANCE OF THE PARIS HEALTH FACILITIES
DEVELCFNIENT CORPORATION FEVENUE BONDS, SERIES 1983
(McCUISTION RECIONAL MEDICAL CENTER PFOJECT)
IN THE PRINCIPAL M-IOliNT OF $1,750,000
WHEREAS, the City of Paris, Texas, approved the
creation of the Paris Health Facilities Development
Corporation pursuant to Article 1528j, V.A.T.C.S., as
amended; and
WHEREAS, the Paris F3ealth Facilities Development
Corporation (the "Issuer") intends to issue its Revenue
Bonds, Series 1983 (McCuistion Regional Medical Center
Project) in the principal amount of $1,750,000 (the
"Bonds"), the proceeds of which are to be loa.ned to L. P.
NlcCuistion Community Hospital, Inc. D/B/A McCuistion
Regional Medical Center;
and
P7hereas, Section 2.01(c) of the Bylaws of the Issuer
provides that if the City of Paris, Texas does not approve
the issuance of bonds, then bonds shall not be issued by the
Issuer.
NOW THEREFORE, BE I'I' RESOLVED BY THE CITY COUNCIL OF
TIIE C ITY OF PAP,I S, TEXAS :
That in order ta fulfill the requirements of Section
2.01(c) of the Bylaws of the Tssuer, the issuance of the
Bands by the Issuer is hereby approved and the City of
Paris, mexas sha11 have no li.ability for the payment of the
Bonds no.r shall any of its assets be pledged to the paymer.t
of the Bonds. Passed and adopted this 19th day of September, 1983.
(J,A-~IA lQ47"O
e ra am, . ayor
ATTEST;
F. C, r e, City CMr1F
APP OVED 0 FORI\1:
G~~--
, , nes, ity ttorney
CERTIFICATE FOR RESOLUTION
THE STATE OF TEXAS
COUNTY OF LAMAR
CITY OF PARIS
We, the undersigned officers of said City, hereby
certify as follows:
1. The City Council of said City convened in Special
Meeting on the 1 th day of September , 1983, at the
City Hall, and the roll was called of the duly constituted
officers and members of said City Council, to-wit:
Joe Graham, Mayor
H. C. Greene, City Clerk
Nathan J. Bell
Donald G. Wilson
Gene McWaters, Jr.
George Fisher, Jr.
Jeff Hoog
and all of said persons were present, except the following
absentees: nnnald G GTi1Gnn anci ('.PnrgP FiGhPr Tr t
thus constituting a quorum. Whereupon, ' among other
business, the following was transacted at said Meeting: a
written
RESOLUTION
APPROVING TF3E ISSUANCE OF THE PARIS HEALTH FACILITIES
DEVELOPMENT CORPORATION REVENUE BONDS, SERIES 1983
(McCUISTION REGIONAL MEDICAL CENTER PROJECT)
IN THE PRINCIPAL AMOUNT OF $1,750,000
was duly introduced for the consideration of said City
Council and read in full. It was then duly moved and
seconded that said Resolution be adopted; and, after due
discussion, said motion carrying with it the passage of said
Resolution, prevailed and carried by the following vote:
AYES: Four
NOES: Zero
2. That a true, full arid 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 passage 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; that each of the officers and
members of said City Cour.cil 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 passage 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..
St. Article 6252-17.
3. That the Mayor of said City has approved and hereby
approves the aforesaid Resolution; that the Mayor and the
City Clerk of said City have duly signed said Resolution;
and that the Mayor and the City Clerk of said City hereby
declare that their signing of this Certificate shall
constitute the signing of the attached and following copies
of said Resolution for all purposes.
1983.
SIGNED AND SEALED the 19th_day of
September
4L=::C4~
ity Clerk I
ayor
(SEAL)
[LETTERHEAD OF PARIS HEALTH FACILITIES DEVELOPMENT
CORPORATION]
September 1983
idayor and City Council
City of Paris
Paris, Texas 75460
RE: Paris Health Facilities Development Corporation
Revenue Bonds, Series 1983 (McCuistion Regional
Medical Center Project)
Mayor and City Council Members:
Pursuant to Section 4.03 of the Health Facilities Develop-
ment Act, Article 1528j V.A.T.C.S. (the "Act"), the Act
under which the City of Paris created the Paris Health
Facilities Development Corporation, notice is hereby given
that the Paris Health Facilities Development Corporation
intends to issue its above-captioned bonds (the "Bonds") for
the purpose of providing financing for part of the cost of a
health facility (as such term is defined in the Act) (the
"Project") for AicCuistion Regional Medical Center, a
non-profit corporation organized and existing under the laws
of the State of Texas (the "User"). The anticipated size of
the proposed bond issue is $1,750,000. The Project shall be
located at 865 DeShong Drive in Paris, Texas. A full and
ccmplete description of the Project, including an explana-
tion of projected costs of such Project, supplied by the
User, are attached hereto as Exhibit A. The necessity for
such Project is to assist the maintenance of public health
and to provide health facilities for the promotion and
development of health care, all for the public purpose of
promcting the health and welfare of citizens of the City of
Paris, and the citizens of the State of Texas and the
Project is needed for the purpose of improving the adequacy,
cost, and accessibility of health care, research and
education within this State.
The praposed Bonds shall be issued not less than fourteen
(14) days from the date of filing of this letter.
Sincerely,
PARIS HEALTH FACILITIES
DEVEL MENT ~ORPORAT~;,
,
` ✓ ` P
By ~
Tit~'
fP
(SEAL)
Exhibit A
Description of the Pro'ect
The Project will be located at the McCuistion Regional
Medical Center on 865 DeShong Drive in Paris, Texas.
The Project consists of the acquisition of a
computerized axial tomography (CAT) scanner and a chemistry
analyzer, the construction of a facility in which the CAT
scanner will be located, related remodeling of the User's
existing health care facility and the construction of a
parking facility to replace the parking facilities vacated
by the construction discussed above.
The projected costs of the Project are as follows:
CAT scanner
Chemistry Analyzer
Costs of Construction
(including architect's
fees and contingencies)
Costs of Issuance
$ 840,000
130,000
760,000
20,000
$1,750,000
A-1