HomeMy WebLinkAboutResolution No. 91-01 CITY OF THE COLONY, TEXAS
RESOLUTION NO. 91-01
RESOLUTION REQUESTING FINANCIAL ASSISTANCE
FROM THE TEXAS WATER DEVELOPMENT BOARD,
AUTHORIZING THE SUBMISSION OF AN
APPLICATION, DESIGNATING AN OFFICIAL
REPRESENTATIVE AND MATTERS RELATED THERETO
THE STATE OF TEXAS
COUNTY OF DENTON
CITY OF THE COLONY
WHEREAS, the City of The Colony, Texas (the "City")
proposes to make additions and improvements to its combined
waterworks and sewer system (the "Project") and to issue
revenue bonds to finance the Project.
WHEREAS, the City cannot reasonably finance the Project
without assistance from the Texas Water Development Board in
the approximate amount of $1,330,000.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF THE
COLONY, TEXAS THAT:
Section 1. The statements contained in the preamble of
this Resolution are true and correct and are adopted as
findings of fact.
Section 2. By this Resolution, the City requests
financial assistance from the Texas Water Development Board
Water Development State Revolving Fund and authorizes the
submission of an application for financial assistance to the
Texas Water Development Board.
Section 3. The Mayor of the City is hereby designated as
its official representative and is authorized to execute and
submit an application with the Texas Water Development Board
for financial assistance to make additions and improvements to
its waterworks and sewer system.
Section 4. The City's Mayor and City Manager, the City's
Financial Advisor, First Southwest Company, and the City's Bond
Counsel, Hutchison Boyle Brooks & Fisher, a Professional
Corporation, are hereby authorized to appear before the Texas
Water Development Board on behalf of the City regarding its
request for financial assistance.
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'~ PASSED and APPROV / ·
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~ t.
Mayor, Pro-tem
City of The Colony, Texas
City Secretary,
City of The Colony, Texas
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- CERTIFICATE FOR RESOLUTION
THE STATE OF TEXAS
COUNTY OF DENTON
CITY OF THE COLONY
I, the undersigned Secretary of the City of The Colony,
Texas, hereby certify as follows:
1. The City Council of the City convened in regular
Session on Monday, January 21, 1991, at the regular meeting
place thereof, and the roll was called of the duly constituted
officers and members of the City Council, to-wit:
Bill Manning, Mayor
Steve Withers, Mayor Pro Tem
Mike Lynch, Councilmember
Mike Alianell, Councilmember
Rob Burchard, Councilmember
Lou Gomez, Councilmember
Joel Marks, Councilmember
and all of said persons were present, except for the following:
Bill M~nning ;
thus constituting a quorum. Whereupon, among other business,
the following was transacted at said meeting: a written
Resolution entitled
RESOLUTION REQUESTING FINANCIAL
ASSISTANCE FROM THE TEXAS WATER
DEVELOPMENT BOARD, AUTHORIZING THE
SUBMISSION OF AN APPLICATION,
DESIGNATING AN OFFICIAL REPRESENTATIVE
AND MATTERS RELATED THERETO
was duly introduced for consideration of the City Council and
read in full. It was then duly moved and seconded that said
Resolution be passed; and, after due discussion, said motion,
carrying with it the passage of said Resolution, prevailed and
carried by the following vote:
AYES: Six
NOES: None
2. A true, full and correct copy of the aforesaid
Resolution passed at the meeting described in the above and
foregoing paragraph is attached to and follows this
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" Certificate; said Resolution has been duly recorded in the
' official minutes of the City; the above and foregoing paragraph
~is a true, full and correct excerpt from said minutes of said
meeting pertaining to the passage of said Resolution; the
· persons named in the above and foregoing paragraph, at the time
of said meeting and the passage of said Resolution, were the
duly chosen, qualified and acting officers and members of the
City Council of the City as indicated therein; each of said
officers and members 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 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 62~7, as amended.
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City Secretary
City of The Colony, Texas
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