CC Resolution No. 1415 2676
RESOLUTION NO. 1415
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN,
TEXAS; AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE THE
GENERAL CERTIFICATES OF LOCAL GOVERNMENTAL UNIT RELATING
TO THE ISSUANCE OF MULTIFAMILY HOUSING REVENUE BONDS AND
RESIDUAL REVENUE CAPITAL APPRECIATION BONDS BY SOUTHEAST
TEXAS HOUSING FINANCE CORPORATION; AND PROVIDING FOR THE
EFFECTIVE DATE THEREOF.
WHEREAS, the Southeast Texas Housing Finance Corporation (the "Corporation") has
proposed offering Multifamily Housing Revenue Bonds (Ridgeview Apartments/Huntsville), Series
1999, in the aggregate principal amount not to exceed $3,800,000 in order to finance a multifamily
project located in Huntsville Texas; and
WHEREAS, the Corporation additionally has proposed offering Residual Revenue Capital
Appreciation Bonds, Series 1999, in order to make additional mortgage finds available for first-time
home buyers by refinancing portions of the Corporation's 1983A, 1984A, and 1985A single family
programs; and
WHEREAS, the issuance of the above-referenced bonds is expected to advance the
Corporation's continued efforts in providing safe, decent, sanitary and affordable housing to
residents of its sponsoring political subdivisions, including the City of Baytown; and
WHEREAS, to gain approval of the Texas Attorney General's Office for the issuance of the
bonds, the Corporation has asked that the City of Baytown confirm certain information regarding
the Corporation; NOW THEREFORE
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS:
Section 1: That the City Council of the City of Baytown, Texas, hereby authorizes and
directs the Mayor to execute the General Certificate of Local Governmental Unit relating to the
issuance of Multifamily Housing Revenue Bonds (Ridgeview Apartments/Huntsville), Series 1999,
by Southeast Texas Housing Finance Corporation, which certificate is attached hereto as Exhibit"A"
and made a part hereof for all intents and purposes. The Mayor is further directed to authorize the
Attorney General of the State of Texas, any Assistant Attorney General of the State of Texas or any
of their respective delegates or assigns, to complete the date on the certificate.
Section 2: That the City Council of the City of Baytown, Texas, hereby authorizes and
directs the Mayor to execute the General Certificate of Local Governmental Unit relating to the
issuance of Residual Revenue Capital Appreciation Bonds, Series 1999, by Southeast Texas Housing
Finance Corporation, which certificate is attached hereto as Exhibit`B" and made a part hereof for
all intents and purposes. The Mayor is further directed to authorize the Attorney General of the State
of Texas, any Assistant Attorney General of the State of Texas or any of their respective delegates
or assigns, to complete the date on the certificate.
2677
Section 3: This resolution shall take effect immediately from and after its passage by the
City Council of the City of Baytown, Texas.
INTRODUCED, READ and PASSED, by the affirmative vote of the City Council of the
City of Baytown this the 23`d day of November, 1999.
PETE C. ALFAR , Mayor
ATTEST:
EILEEN P. HALL,ALL, City Clerk
APPROVED AS TO FORM:
ACID RAMIREZ City Attorney
d:klh2l I\Council\Resolutions\STHFCSeniorl IousingMultifamilyRevenueBond.Resolution4Huntsville
2
GENERAL CERTIFICATE
OF LOCA1, GOVERNMENTAL IMT
I have executed this Certificate for the benefit of all persons interested in the validity of the
proceedings of The Southeast Texas Housing Finance Corporation (the "Issuer") related to the
issuance by the Issuer of its "Multifamily Housing Revenue Bonds (Ridgeview
Apartments/Huntsville), Series 1999" (the "Bonds"). Capitalized terms used herein and not
otherwise defined shall have the same meanings ascribed to such terms in the Texas Housing
Finance Corporations Act, Chapter 394, Texas Local Government Code, as amended (the"Act").
I hereby certify as follows:
1. I am the duly elected and incumbent official of City of Baytown (the "Local
Governmental Unit") holding the office indicated below.
2. The Issuer has been authorized to act on behalf of the Local Governmental Unit by
action of the governing body of the Local Governmental Unit.
3. The Restated Articles of Incorporation of the Issuer have been approved by the
governing body of the Local Governmental Unit. The minutes of the governing body of the Local
Governmental Unit do not reflect any amendment to the Restated Articles of Incorporation of the
Issuer.
4. The minutes of the governing body of the Local Governmental Unit do not reflect any
action for the purpose of(i)changing the structure,organization, programs or activities of the Issuer,
(ii)terminating the Issuer, (iii)withdrawing from the Issuer or(iv) limiting the effectiveness of the
resolution of the Issuer's board of directors authorizing the issuance of the Bonds or otherwise
affecting the Bond transaction.
5. Except for the Issuer, the Local Governmental Unit has not created or authorized to
act on its behalf any housing finance corporation(including any joint housing finance corporation),
except a housing finance corporation that has no power to make home mortgages or to make loans
to lending institutions, the proceeds of which are to be used to make home mortgages or to make
loans on residential developments.
6. The Local Governmental Unit has appointed the individual named below to act as a
member of the board of directors of the Issuer for a term ending as indicated below. That individual
is a resident of a Local Governmental Unit which is a member of the Issuer. The minutes of the
governing body of the Local Governmental Unit do not reflect that such individual has been removed
as a member of the Issuer's board of directors.
7. No litigation is pending or, to my knowledge, threatened against the Local
Governmental Unit relating to the Issuer,the Bonds, the proceeding regarding the issuance of Bonds,
G:VMULTI FA.PGMI991IIUNTSVLAF\GEN'LC-I.WPD
Nov.kr 3,1999
EXHIBIT A
r
the bonds being refunded with the Bonds,the representation on the Issuer's board of directors of the
Local Governmental Unit, or the participation of the Local Governmental Unit in the Issuer or the
Program.
Signature:
Printed Name: Pete C. Alfaro, Mayor
OFFICE:
❑ County Judge Mayor ❑
❑ County Attorney Mayor Pro Tern ❑
❑ Other City Secretary ❑
LOCAL GOVERNMENTAL UNIT:
City of Baytown
Name of Member of Expiration of
Issuer's Board of Directors: Daniel Sandoval Director's Term: 01/31/01
[DO NOT DATE THIS PAGE]
Date of this
Certificate:
G:�,MULTI FA.PGM\99VIUNTSVL.MRGEN'LC—I.WPD
November 3,1999
November 15, 1999
Jim Thomassen,Assistant Attorney General
Chief—Public Finance Division
Office of the Attorney General
Price Daniel Building
209 West 14th Street, 6th Floor
Austin,Texas 78701
RE: The Southeast Texas Housing Finance Corporation Multifamily
Housing Revenue Bonds(Ridgeview Apartments/Huntsville), Series
1999
Dear Mr. Thomassen:
By this letter, the Attorney General of the State of Texas, any Assistant Attorney General or
any of their respective delegates or assigns, is authorized to complete the date of the "General
Certificate of Local Governmental Unit"of the undersigned Local Governmental Unit and to rely
upon such information unless notified otherwise.
By:
Printed Name: Pete C. Alfaro
Title: Mayor
LOCAL GOVERNMENTAL UNIT
City of Baytown
G:\MULTi FA.PGAt\99ViUNTSVL.MF\GEN'LC-I.`.VPD
No, mba 3.1999
P
GENERAL CERTIFICATE
OF LOCAL GOVERNMENTAL UNIT
I have executed this Certificate for the benefit of all persons interested in the validity of the
proceedings of The Southeast Texas Housing Finance Corporation (the "Issuer") related to the
issuance by the Issuer of its Residual Revenue Capital Appreciation Bonds, Series 1999 (the
"Bonds"). Capitalized terms used herein and not otherwise defined shall have the same meanings
ascribed to such terms in the Texas Housing Finance Corporations Act, Chapter 394, Texas Local
Government Code, as amended (the"Act"). I hereby certify as follows:
I. I am the duly elected and incumbent official of City of Baytown (the "Local
Governmental Unit") holding the office indicated below.
2. The Issuer has been authorized to act on behalf of the Local Governmental Unit by
action of the governing body of the Local Governmental Unit.
J. The Restated Articles of Incorporation of the Issuer have been approved by the
governing body of the Local Governmental Unit. The minutes of the governing body of the Local
Governmental Unit do not reflect any amendment to the Restated Articles of Incorporation of the
Issuer.
4. The minutes of the governing body of the Local Governmental Unit do notreflect any
action for the purpose of changing the structure,organization,programs or activities of the Issuer,
(ii)terminating the Issuer, (iii)withdrawing from the Issuer or(iv) limiting the effectiveness of the
resolution of the Issuer's board of directors authorizing the issuance of the Bonds or otherwise
affecting the Bond transaction.
5. Except for the Issuer, the Local Governmental Unit has not created or authorized to
act on its behalf any housing finance corporation(including any joint housing finance corporation),
except a housing finance corporation that has no power to make home mortgages or to make loans
to lending institutions, the proceeds of which are to be used to make home mortgages or to make
loans on residential developments.
6. The Local Governmental Unit has appointed the individual named below to act as a
member of the board of directors of the Issuer for a term ending as indicated below. That individual
is a resident of a Local Governmental Unit which is a member of the Issuer. The minutes of the
governing body of the Local Governmental Unit do not reflect that such individual has been removed
as a member of the Issuer's board of directors.
7. No litigation is pending or, to my knowledge, threatened against the Local
Governmental Unit relating to the Issuer,the Bonds,the proceeding regardingthe issuanceof Bonds,
S?SETx1SFAMILNI rk,99 R<rid.4Gcnl Cerra or LGUr.wpd
O,tobcr 29,1999
EXHIBIT B
r
the bonds being refunded with the Bonds,the representation on the Issuer's board of directors of the
Local Governmental Unit, or the participation of the Local Governmental Unit in the Issuer or the
Program.
Signature:
Printed Name: Pete C. Alfaro, Mayor
OFFICE:
El County Judge Mayor ❑
El County Attorney Mayor Pro Tern ❑
❑ Other City Secretary ❑
LOCAL GOVERNMENTAL UNIT:
City of Baytown
Name of Member of Expiration of
Issuer's Board of Directors: Daniel Sandoval Director's Term: 01/31/01
[DO NOT DATE THIS PAGE]
Date of this
Certificate:
SASGTMSFAMn.Y\Scricn 99 Rcaidual\Gcdl Cater of LGUs.wpd
October 29,1999
r"
November 12, 1999
Jim Thomassen, Assistant Attorney General
Chief—Public Finance Division
Office of the Attorney General
Price Daniel Building
209 West 14th Street, 6th Floor
Austin, Texas 78701
RE: The Southeast Texas Housing Finance Corporation Residual
Revenue Capital Appreciation Bonds, Series 1999
Dear Mr. Thomassen:
By this letter,the Attorney General of the State of Texas,any Assistant Attorney General or
any of their respective delegates or assigns, is authorized to complete the date of the "General
Certificate of Local Governmental Unit" of the undersigned Local Governmental Unit and to rely
upon such information unless notified otherwise.
By:
Printed Name: Pete C. Alfaro
Title: Mayor
LOCAL GOVERNMENTAL UNIT
City of Baytown
S:M.SEIMSFANMY%Scrio 99 Roid.4Gm I Cc .ofLGU,.wpd
Oanbcr 29,1999