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CC Resolution No. 14372709 RESOLUTION NO. 1437 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 (THE OAKS OF HITCHCOCK APARTMENTS PROJECT), SERIES 2000A, BY SOUTHEAST TEXAS HOUSING FINANCE CORPORATION; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. *:** t** s** ts*****• r****r** t+* s*** e*+* s+******+**r** rs*+ t**** + * : : : * + : + * *aet *s * *a *• * * + * * *•rr* WHEREAS, the Southeast Texas Housing Finance Corporation (the "Corporation') has proposed offering Multifamily Housing Revenue Bonds (The Oaks of Hitchcock Apartments Project), Series 2000A, in the aggregate principal amount not to exceed $6,500,000 in order to finance a multifamily complex in Hitchcock, Galveston County, Texas; 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 (The Oaks of Hitchcock Apartments Project), Series 2000A, 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 execute the certificate of highest elected official and 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: 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 13'h day of April, 2000. ATTEST: PETE C. ALFARO, Mayor GARY W. MITH, City Clerk APPROVED AS TO FORM: Wr" c kl h243 \Counci I\ Resolutions \STHFCMultifam ilyHou singRevenuenondsHitchcock .Resolution 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 Multifamily Housing Revenue Bonds (The Oaks of Hitchcock Apartments Project), Series 2000A (the `Bonds ") in the aggregate principal amount of $6,500,000. 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:\ MULTI _FA.PGM\2000 \OKS_HTK\GEN_CRT. WPD April 5, 260 EXHIBIT A u 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. ❑ County Judge El County Attorney ❑ Other Signature: Printed Name: Pete C. Alfaro, Mayor OFFICE: Mayor ❑ Mayor Pro Tem ❑ City Secretary ❑ LOCAL GOVERNMENTAL UNIT: City of Baytown Name of Member of Issuer's Board of Directors: Daniel Sandoval [DO NOT DATE THIS PAGE] G:\MU TI FA.PGM\2000 \0KS_HTK \GEN_CRT.WPD April 5, 2000 Expiration of Director's Term: 01/31/01 Date of this Certificate: May 8, 2000 Jim Thomassen, Assistant Attorney General Chief -- Public Finance Division Office of the Attorney General 300 West 15th Street, 9th Floor Austin, Texas 78701 RE: $6,500,000 The Southeast Texas Housing Finance Corporation Multifamily Housing Revenue Bonds (The Oaks of Hitchcock Apartments Project), Series 2000A 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. 0 LOCAL GOVERNMENTAL UNIT City of Baytown G:\MULTI_FA.FGM\2D00 \OKS HTR \GEN CRT.WPD April 5, 2000 - Printed Name: Pete C. Alfaro Title: Mayor