Ordinance No. 4,85571112 -lb
Ordinance No. 4f355
ORDINANCE OF THE CITY OF BAYTOWN, TEXAS
APPROVING THE FINANCING BY THE BELL COUNTY HEALTH FACILITIES
DEVELOPMENT CORPORATION OF A HEALTH FACILITY LOCATED
WITHIN THE CITY OF BAYTOWN, TEXAS
WHEREAS, the Health Facilities Development Act, Article
1528j, Vernon's Annotated Texas Civil Statutes, as amended (the
"Act "), authorizes and empowers the Bell County Health Facilities
Development Corporation (the "Issuer ") to issue revenue bonds on
behalf of Bell County, Texas ( the "Issuing Unit"), to finance the
costs of health facilities found by the Board of Directors of the
Issuer to be required, necessary or convenient for health care,
research and education, any one or more, within the State of
Texas and in furtherance of the public purposes of the Act; and
WHEREAS, Section 4.01(1) of the Act provides that the Issuer
may provide for the financing of one or more health facilities
located outside the limits of the Issuing Unit with the consent
of every other city, county or hospital district within which
® such health facility is or is to be located; and
WHEREAS, Advanced Living Technologies, Inc. proposes to
obtain financing from the Issuer from a portion of the proceeds
of the Issuer's bonds issued pursuant to the Act for the costs of
the health facility described 'in Exhibit A hereto (the
"Project"); and
WHEREAS, the Project is or is to be located within the City
of Baytown, Texas (the "City ") and outside the limits of the
Issuing Unit;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF BAYTOWN, TEXAS : .<
Section 1. The City hereby consents to and approves the
financing by the Issuer of the Project as required by Section
4. 0 1 (1 ) of the Act.
Section 2. This Ordinance shall take effect immediately
from and after its adoption and it is accordingly so ordered.
PAS_ SED AND APPROVED, this the 12th day of November ,
1987.
EMMETT-6"H TTO, Mayor
ATTEST: '
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EXHI BI T A
DESCRIPTION OF THE PROJECT
0 The Project consists of the following:
(1) the acquisition, improvement and expansion of a 100 bed
nursing home known as Green Acres Convalescent Center located at
2000 Beaumont Road, Baytown, Texas 77520; and
(2) the acquisition, improvement and expansion of a 120 bed
nursing home known as Allenbrook Healthcare Center located at
4109 Allenbrook, Baytown, Texas 77520.
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