CC Resolution No. 1449 2727
RESOLUTION NO. 1449
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 (1) MULTIFAMILY HOUSING
REVENUE BONDS (THE BAY COLONY PROJECT), SERIES 2000B, AND
(II) MULTIFAMILY HOUSING REVENUE BONDS (THE PINE TREE
LODGE AND PINE TREE COTTAGE PROJECT, 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 the following:
)0- Multifamily Housing Revenue Bonds (the Bay Colony Project), Series 2000B, in an
amount not to exceed $649,938, to finance a multifamily complex in League City,
Galveston County, Texas; and
➢ Multifamily Housing Revenue Bonds (the Pine Tree Lodge and Pine Tree Cottage
Project), in one or more series, in an amount not to exceed $8,845,000, to finance two
multifamily complexes in Pasadena, Harris 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 Certificates of Local Governmental Unit relating to
the issuance of i) Multifamily Housing Revenue Bonds (the Bay Colony Project), Series 2000B,
and (ii) Multifamily Housing Revenue Bonds (the Pine Tree Lodge and Pine Tree Cottage
Project), by Southeast Texas Housing Finance Corporation, which certificates are attached hereto
as Exhibits "A" and "B" and are made a part hereof for all intents and purposes. The Mayor is
further directed to execute the certificates 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 certificates.
Section 2: This resolution shall take effect immediately from and after its passage by
the City Council of the City of Baytown, Texas.
272s
INTRODUCED, READ and PASSED, by the affirmative vote of the City Council of the
City of Baytown this the 13th day of July, 2000.
PETE C. ALFAR , Mayor
ATTEST:
GARXi W. MITH, City Clerk
APPROVED AS TO FORM:
ACID RAMIREZ, R. City Attorney
c:klh253\Council\Resolutions\STHFCMultifamilyHousingRevenueBonds071300.Resolution
2
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(Bay Colony Apartments),Series
2000B (the"Bonds")in the aggregate principal amount of$649,938. 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 Govermnental 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,
the bonds being refunded with the Bonds,the representation on the Issuer's board of directors of the
G:`,MULTI_FA.PGAT20001BAY_COL\GEN_CRTS.W PD
June 22,2000
EWW A
Local Governmental Unit, or the participation of the Local Governmental Unit in the Issuer or the
Program.
Signature: fli C' G
Printed Name: Pete C. Alfaro, Mayor
OFFICE:
County Judge Mayor �!
County Attorney Mayor Pro Tem El
El Other City Secretary
LOCAL GOVERNMENTAL UNIT:
City of Baytown
Name of Member of Expiration of
Issuer's Board of Directors: Daniel Sandoval Director's Terns: 01/31/01
[DO NOT DATE THIS PAGE]
Date of this
Certificate:
GAMULTI_FA.PGM\2000\BAY COL\GEN CRTS.WPD
June 22,2000
July 14, 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: $649,938 The Southeast Texas Housing Finance Corporation
Multifamily Housing Revenue Bonds (Bay Colony Apartments),
Series 2000B
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:WULT1_FA.PGM\2000\6A Y_COL\GEN_CRTS.W PD
June 22,2000
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 Senior Housing Multifamily Revenue Bonds(Pine Tree Lodge and Pine
Tree Cottage), in one or more series not to exceed the original aggregate principal amount of
S8,845,000 (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 tern 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,
the bonds being refunded with the Bonds,the representation on the Issuer's board of directors of the
GAMULTI FA.PGM\2000\PINETREE\GEN CRTS.WPD
Jwc 22,2000'
EXHIBIT B
Local Governmental Unit, or the participation of the Local Governmental Unit in the Issuer or the
Program. /p�
Signature: IZA
Printed Name: Pete C. Alfaro, Mayor
OFFICE:
County Judge Mayor
County Attorney Mayor Pro Tem
❑ 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:
G1MULT1_FA.PGM\2000TfNETREE\GEN_CRTS.WPD
June 22,2000
July 14, 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: The Southeast Texas Housing Finance Corporation Senior Housing
Multifamily Revenue Bonds (Pine Tree Lodge and Pine Tree
Cottage)
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 . Alfaro
Title: Mayor
LOCAL GOVERNMENTAL UNIT
City of Baytown
GAMUT]_FA.PGM\2000\PINETREE\GEN_CRTS.W PD
June 22,2000