HomeMy WebLinkAboutResolution 1984-021
RESOLUTION NO. 84-21
A RESOLUTION approving and authorizing the exe-
cution of a "Paying Agent/Registrar Agree-
ment" in relation to the "CITY OF NORTH
RICHLAND HILLS, TEXAS, WATERWORKS AND SEWER
SYSTEM REVENUE BONDS, SERIES 1984", and
resolving other matters incident and related
thereto.
WHEREAS, on this date the city Council of the city of
North Richland Hills, Texas, authorized the issuance of
"CITY OF NORTH RICHLAND HILLS, TEXAS, WATERWORKS AND SEWER
SYSTEM REVENUE BONDS, SERIES 1984", in the principal amount
of $2,000,000 (the "Securities" ) ; such securities to be
issued in fully registered form only; and
WHEREAS, in relation to the payment, registration,
transfer and exchange of said Securities, the Paying
Agent/Registrar selected therefor is TEXAS AMERICAN BANK/
FORT WORTH, N.A., Fort Worth, Texas; and
WHEREAS, a "paying Agent/Registrar Agreement" by and
between the City and said Bank has been prepared and sub-
mitted to the City Council for approval and execution, such
Agreement, setting forth the duties and responsibilities of
the Paying Agent/Registrar for such Securities, being
attached hereto as Exhibit A and incorporated herein by
reference as a part of this Resolution for all purposes; and
WHEREAS, the City Council hereby finds and determines
that such "Paying Agent/Registrar Agreement" should be
approved and execution of the same for and on behalf of the
City authorized; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF NORTH
RICHLAND HILLS, TEXAS that the "paying Agent/Registrar
Agreement" by and between the City and TEXAS AMERICAN BANK/
FORT WORTH, N.A., Fort Worth, Texas, relating to the above
described Securities, attached hereto as Exhibit A, is
hereby approved as to form and content, and the Mayor and
City Secretary of the City are hereby authorized and
directed to execute such Agreement in substantially the same
form and content herein approved for and on behalf of the
City and as the act and deed of this City Council.
PASSED AND APPROVED, this July 23, 1984.
CITY OF NORTH RICHLAND HILLS, TEXAS
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(City Seal)