2001R06- BOND RESOLUTION
RESOLUTION 4, 01-/2- ,
APPROVING A BOND RESOLUTION TO BE ADOPTED BY THE BOARD OF
DIRECTORS OF THE SCHERTZ/SEGUIN LOCAL GOVERNMENT
CORPORA nON AUTHORIZING THE ISSUANCE OF OBUGA TIONS
DESIGNATED AS "SCHERTZ/SEGUIN LOCAL GOVERNMENT CORPORATION
CONTRACT REVENUE BONDS, SERIES 2001"; ACKNOWLEDGING THAT
THESE OBLIGATIONS WILL BE SOLD TO FIRST SOUTHWEST COMPANY, AS
THE AUTHORIZED REPRESENTATIVE OF A GROUP OF UNDERWRITERS
PURSUANT TO THE PROVISIONS OF A PURCHASE CONTRACT; RATIFYING,
RECONFIRMING, AND READOPTING THE PROVISIONS OF A REGIONAL
WATER SUPPL Y CONTRACT EXECUTED BETWEEN THE CITY OF SCHERTZ,
TEXAS, THE CITY OF SEGUIN, TEXAS, AND THE SCHERTZ/SEGUIN LOCAL
GOVERNMENT CORPORATION; AUTHORIZING THE MAYOR, CITY
SECRETARY, AND THE CITY MANAGER OF THE CITY OF SCHERTZ, TEXAS
TO EXECUTE ON BEHALF OF THE CITY OF SCHERTZ, TEXAS ALL
DOCUMENTS IN CONNECTION WITH THIS TRANSACTION; AND OTHER
MATTERS IN CONNECTION THEREWITH
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SCHERTZ, TEXAS THAT:
The City Council of the City of Schertz, Texas has reviewed and hereby approves (i) the Bond
Resolution as to form and content, including the factual findings contained therein, adopted by the
Board of Directors of the Schertz/Seguin Local Government Corporation relating to the issuance of
obligations designated as "Schertz/Seguin Local Government Corporation Contract Revenue Bonds,
Series 2001" (the "Bonds"), (ii) the Project to be financed with the proceeds of these obligations sold
to First Southwest Company, as the authorized representative of a group of underwriters (the
"Underwriters"), (iii) the Regional Water Supply Contract, including the factual findings contained
therein, previously approved and executed among the City of Schertz, Texas, the City of Seguin, Texas
(collectively, the "Cities"), and the Schertz/Seguin Local Government Corporation (the "Contract")
which provides certain security for the payment of these obligations, (iv) the bond purchase contract
(the "Purchase Contract") authorizing the sale of the Bonds to the Underwriters, (v) the Sale and
Offering Documents (as defined in the Contract), including, but not limited to, the City's annual
continuing disclosure requirements in accordance with the Rule (as defined in the Contract), and (vi)
acknowledges that the payment of principal of and interest on such Bonds is payable, in whole or in
part, from the Annual Payments to be made by the Cities to the Corporation under and pursuant to the
Contract. The Mayor, City Secretary, and the City Manager of the City of Schertz, Texas are hereby
authorized to execute on behalf of the City, the Purchase Contract, and any and all documents in
connection with this transaction. This resolution may be relied upon by the appropriate representatives
of the parties to this transaction and the Texas Attorney General in his review and approval of this
transaction.
~~
City Secretary
ATTEST:
APPROVED THIS THE 22ND DAY OF FEBRUARY, 2001.
#2165264v2<
RESOLUTION ,Ale>. 01- /Z-"
APPROVING A BOND RESOLUTION TO BE ADOPTED BY THE BOARD OF
DIRECTORS OF THE SCHERTZ/SEGUIN LOCAL GOVERNMENT
CORPORATION AUTHORIZING THE ISSUANCE OF OBLIGATIONS
DESTGNA TED AS <<SCHERTZiSEGUINLOCAL GOVERNMENT CORPORA nON
CONTRACT REVENUE BONDS, SERIES 2001"; ACKNOWLEDGING THAT
THESE OBLIGATIONS WILL BE SOLD TO FIRST SOUTIfWESTCOMP ANY. AS
THE AUTHORIZED REPRESENTATNE OF A GROUP OF UNDERWRITERS
PURSUANT TO THE PROVISIONS OF A PURCHASE CONTRACT; RATIFYING,
RECONFIRMING, AND READOPTING THE PROVISIONS OF A REGIONAL
WATERSUPPL Y CONTRACT EXECUTED BETWEEN THE CIlYOF SCHERTZ,
TEXAS, THE CITY OF SEGUIN, TEXAS, AND THE SCHERTZ/SEGUIN LOCAL
GOVERNMENT CORPORATION; AUTHORIZING THE MAYOR, CITY
SECRETARY. AND THE CIlYMANAGER OF THE CITY OF SCHERTZ. TEXAS
TO EXECUTE ON BEHALF OF THE CITY OF SCHERTZ, TEXAS ALL
DOCUMENTs IN CONNECTION wrm THIS TRANSACTION; AND OTHER
MATTERS IN CONNECTION TIIEREWITH
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SCHERTZ. TEXAS THAT:
The City Council of the City of Schertz. Texas has reviewed and hereby approves (i) the Bond
Resolution as to fonn and content, including the factual fmdings contained therein. adopted by the
Board of Directors of the Schertz/Seguin Local Government COTpOration relating to the issuance of
obligations designated as ''Sehertz/Seguin Local Government Corporation Contract Revenue Bonds,
Series 2001" (the "Bonds"), (ii) the Project to be financed with the proceeds of these obligations sold
to First Southwest Company. as the authorized representative of a group of underwriters (the
"Underwriters"), (Hi) the Regional Water Supply Contract, including the factual findings contained
therein. previously approved and executed among the City of Schertz, Texas, the City of Seguin, Texas
(collectively, the "Cities"), and the Schertz/Seguin Local Government Corporation (the "Contract")
which provides certain security for the payment of these obligations. (iv) the bond purchase contract
(the "Purchase Contract") authorizing the sale of the Bonds to the Underwriters, (v) the Sale and
Offering Docum.ents (as defined in the Contract), including, but not limited to, the City's annual
continuing disclosure requirements in accordance with the Rule (as defined in the Contract), and (vi)
acknowledges that the payment of principal of and interest on such Bonds is payable. in whole or in
part, from the Annual Payments to be made by the Cities to the Corporation under and pursuant to the
Contract The Mayor, City Secretary, and the City Manager of the City of Schertz, Texas are hereby
authorized to execute on behalf of the City, the Purchase Contract, and any and all documents in
connection with this transaction. This resolution may be relied upon by the appropriate representatives
ofthe parties to this transaction and the Texas Attorney General in his review and approval of this
transaction.
ATTEST:
~t.f~
~~
City Secretary
Mayor
APPROVED THIS THE 22ND DAY OF FEBRUARY, 2001.
665264.2