CC Resolution No. 1753RESOLUTION NO. 1753
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS;
AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE THE GENERAL
CERTIFICATE OF LOCAL GOVERNMENTAL UNIT RELATING TO SOUTHEAST
TEXAS HOUSING FINANCE CORPORATION'S ISSUANCE OF MULTIFAMILY
HOUSING REVENUE BONDS (BAY -VIEW ESTATES APARTMENTS) IN ONE OR
MORE SERIES IN AN AGGREGATE AMOUNT NOT TO EXCEED FIFTEEN
MILLION AND NO/100 DOLLARS ($15,000,000.00); AND PROVIDING FOR THE
EFFECTIVE DATE THEREOF.
WHEREAS, the Southeast Texas Housing Finance Corporation (the "Corporation") is proposing
to issue the Corporation's Multifamily Housing Revenue Bonds for a multifamily property in the City of
La Marque, Texas; and
WHEREAS, the Corporation has represented to the City of Baytown that (i) it has held a public
hearing concerning the anticipated bond issuance on October 11, 2005, in the City Council Chambers of
the City of La Marque, Texas; (ii) there were no comments received at the public hearing; and (iii) no one
submitted any written comments for the same; 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; 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 Southeast
Texas Housing Finance Corporation's issuance of Multifamily Housing Revenue Bonds (Bayview Estates
Apartments) in one or more series in an aggregate amount not to exceed FIFTEEN MILLION AND
NO/100 DOLLARS ($15,000,000.00).
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 25`h day of October, 2005.
CALVIN MUNDINGER, May
Hrrtcu v nr) H3 i v r vrcivr:
r �
ACIO RAMIREZ, SR., ty Attorney
R:AJeaneneAMy DocumentsVCounci1A05-06A0ctober 2nd\SETHbondsBayviewEstatesApartments.doc
(;EN ERAL CERTIFICATE OF LOCAL GOYER"IENTAL UNIT
I hereby certif i that I am a duly elected or appointed and an acting officer of the City of
Baytown, Texas (the `Local Governmental Unit'. I do hereby further certify that:
1, This Cer',af7cate is for the benefit of the Attorney General of the State of Texas (the
"Attorney General'), and all persons interested in the validity of the proceedings of The
Southeast Texas lJou: ing Finance Corporation (the ,Co)poration'� related to the issuance by the
Corporation of its loll lti:family Dousing Revenue Bonds (Bayview Estates Apartments) in one or
more series (the "Bon ds' in an aggregate amount not to exceed 515,000,000.
2. The Cit r Council (the "Governing Body') of the Local Governmental Unit
authorized the creaticn of the Corporation as a joint housing finance corporation pursuant to the
Texas Dousing Fina ice Corporations Act, Texas Local Government Code, Chapter 394, as
amended
the "Act'), and approved the Articles of Incorporation and Bylaws of the Corporation
(and all amendment; thereto). The Corporation's Articles of Incorporation have not been
amended since Marcl : 29, 1983.
3, The offiL:Iers and directors of the Corporation are currently as follows:
SPONsORING
NAMF
OFFICE
LOCAL GOVERNMENT
Winne Corwo
President
First Vice President
City of Santa Fe
City of La Porte
Pat Muston
Second Vice President
Cities of La Marque and Texas
Gary Meyer
City
John Towner
Assistant Secretary
Galveston County
City of Pasadena
Bob Allen
Carolyn Bilsl 7
Director
Director
Austin County
I.O. Coleman, J;r.
Director
Wharton County
City of Deer Park
Jerry as
Director
Director
City of Shoreacres
Josephh Gomt omF r
Andrea Greer'
Director
City of Dickinson
Rick Fergusc n
Director
Chambers County
City of Tomball
Hap Harrington
Director
Director
Matagorda County
Leonard Lary ar
Daniel Sandoval
Director
City of Baytown
Clary Van Df venter
Director
Liberty County
City of League City
E. Rusty Vid tine
Director
Director
Waller County
Milton Whit•ng
Brian Woodward
Director
Walker County
Andy Zutnw ilt
Director
Brazoria County
4. The C overning Body has taken no action pursuant to the Act, including
Section 394.016(c) hereof; or otherwise, to limit the effectiveness of the resolution authorizing
Beyview No Ut cert.doc
1614338/BMC
the issuance of the Bcnds or in any way affecting the proceedings relating to the issuance of the
Bonds.
5. The Govorning Body has not created any other Corporation with the power to make
home mortgages or lc °ans to lending institutions or borrowers, the proceeds of which are to be
used to make home m, ?rtgages or loans on residential developments.
6. No litiga ;ion is pending, or to our knowledge threatened, in any court in any way
affecting the existence; of the Corporation or seeking to restrain or to enjoin the issuance, sale or
delivery of the Bonds, or in any way contesting or affecting the validity or enforceability of the
Bonds or the financing documents to which the Corporation is a party, or contesting in any way
the completeness or <Iccuracy of the statements made in the offering document relating to the
Bonds, or contesting he powers of the Corporation or its authority with respect to the financing
documents to which it is party.
7. Each of the undersigned officers of the Local Governmental Unit hereby certifies
that he or she is the d aly elected or appointed incumbent of the office appearing below his or her
signature and that the ,signature of the other officer appearing below is the true and correct
,signature of such person.
S. The Atic rney General of the State of Texas is hereby authorized and directed to date
this certificate concurrently with the date of his approval of the Bonds and this Certificate shall
be deemed for all ptu poses to be accurate and correct on and as of that date and on and as of the
date of the initial issu an:e and delivery of the Bonds to the initial purchasers thereof.
[Remainder of page intentionally left blank]
f,)CF-CUTED AN b DBLIVERED AS OF THE DATE SET FORTH BELOW.
CITY OF BAYTOWN, TEXAS
Mayor
DO NOT DATE T [1]S PAGE
Date of this
Certificate:
CERTIFICATION
I, KELVIN KNAUF, the duly appointed and Acting Interim City Clerk of the City of
Baytown, Harris County, Texas, do hereby certify and attest that as part of my duties, I do
supervise and act as lawful custodian of the records of the City of Baytown; that the attached
document is a true and correct copy of Resolution 1753.
RESOLUTION NO. 1753
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS,
AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE THE GENERAL
CERTIFICATE OF LOCAL GOVERNMENTAL UNIT RELATING TO SOUTHEAST TEXAS
HOUSING FINANCE CORPORATION'S ISSUANCE OF MULTIFAMILY HOUSING
REVENUE BONDS (BAYVIEW ESTATES APARTMENTS) IN ONE OR MORE SERIES IN
AN AGGREGATE AMOUNT NOT TO EXCEED FIFTEEN MILLION AND NO/100 DOLLARS
($15,000,000.00); AND PROVIDING FOR THE EFFECTIVE DATE THEREOF.
Adopted by the City Council at its Meeting held on October 25, 2005.
WITNESS MY HAND AND SEAL of the City on October 27, 2005.
elvin Knauf, feting Interim/,City Clerk
(SEAL)