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HomeMy WebLinkAboutResolution - 1902 - Assignment - LIDC - Private Activity Bond Cap, CFL Inc Project - 12_20_1984RESOLUTION #1902 ASSIGNMENT OF PRIVATE ACTIVITY BOND CkP WHEREAS, the City Council of the City of Lubbock, Texas, (the "Unit"), on November 8, 1984, adopted a resolu- tion entitled "Resolution Approving Bonds and Approving a Resolution By Lubbock Industrial Development Corporation Providing for the Issuance of $3,000,000 Lubbock Industrial Development Corporation Industrial Development Revenue Bonds (Central Freight Lines Inc. Project) Series 1984" (the "Resolution"); WHEREAS, Section 5 of the Resolution authorizes the Mayor and City Secretary of the Unit to execute and deliver such endorsements, instruments, certificates, documents, or papers necessary and advisable to carry out the intent and purposes of the Resolution; WHEREAS, it is necessary and advisable to carry out the intent and purposes of the Resolution that this Assignment of Private Activity Bond Cap be executed and delivered; now, therefore: Acting pursuant to the authority conferred by Section 5 of the Resolution, the Mayor and City Secretary of the Unit, for and on behalf of the Unit, and the Unit, by and through its duly authorized representatives, presently assign to the Lubbock Industrial Development Corporation for the bonds approved by the Resolution, the Unit's allocation (whether in existence on the date hereof or hereafter acquired) of the Private Activity Bond Limit with respect to such bonds. The assignment herein made is irrevocable and is effective on the date shown below as the date this assignment is executed and, if not effective on such date due to any provision of law, is effective on the first date possible under law. The undersigned certify under penalty of perjury and to the best of their knowledge and belief that the assignment made hereby and the allocation for the bonds approved by the Resolution were not made in consideration of any bribe, gift, gratuity, or direct or indirect political contribution to any political campaign. Executed this 20th day of December, 1984. (CITY -SEAL) A�T£ST: (L2� l_ City Secretary, City f Lubbock, Texas city of ,.±:.. BANK OF THE SOUTHWEST BUILDING HOUSTON,TEXAS 77002 TELEPHONE (713) 651-5151 TELEX 76-2829 I1SO CONNECTICUT AVE.,N.W. WASHINGTON, D.C.20036 TELEPHONE(2021452-6800 TELEX 89-2602 AMERICAN BANK TOWER, SUITE 1740 221 WEST SIXTH STREET AUSTIN, TEXAS 78701 TELEPHONE 15121474-5201 VIA FEDERAL EXPRESS FULBRIGHT & JAWORSKI 2001 BRYAN TOWER, SUITE 1400 DALLAS, TEXAS 75201 TELEPHONE (2141969-1969 December 11, 1984 Mr. Grey Lewis Lubbock Chamber of Commerce 14th and Avenue K Lubbock, Texas 79408 2200 INTERFIRST PLAZA 300 CONVENT STREET SAN ANTONIO, TEXAS 7620E TELEPHONE 1S121 224-6S75 2 ST. JAMES'S PLACE LONDON, SWIA INP TELEPHONE (O11 629-1207 TELEX 28310 DUMAS. HUGUENIN, SOOTHMAN 6 MORROW 2001 BRYAN TOWER, SUITE 1400 DALLAS, TEXAS 75201 TELEPHONE (2I41 069-0969 Re: $3,000,000 "Lubbock Industrial Development Corporation Industrial Development Revenue Bonds (Central Freight Lines Inc. Project) Series 1984" -------------------------------------------------------- ---- Dear Grey: Enclosed please find: (1) four copies of an "Assignment of Private Activity Bond Cap" to be executed by the Mayor and City Secretary, sealed, and dated the date of execution; (2) four copies of a "Certificate of Delivery and Notice of Assignment" to be executed in blank by Peck or Bob Suter and left undated; and (3) four copies of "Notification of Need for Addi- tional Period" to be executed by Bob Suter and dated. Please return all executed copies to us by Federal Express as soon as possible. Please call is you have any questions. Very truly yours, Mark S. Westergard For the Firm MSW/rs —,c NOTICE OF MEETING NOTICE IS HERBY GIVEN THAT the governing body of LUBBOCK INDUSTRIAL DEVELOPMENT CORPORATION will meet at 1:30 o'clock P.M. on the 26th day of December , 19 84 , at its regular meeting place at Lubbock Chamber of Commerce Building, 14th Street & Avenue K in the City of Lubbock , Texas, for the purpose of considering all matters incident and related to the Application for Financial Participation of the Environmental Protection Resources, Inc. and adoption of a Resoultion Concerning the Issuance of Bonds to Finance a Project for Environmental Protection Resources, Inc. It is in the urgent public necessity that the matters be considered at an early date in order that the required improvements may be obtained at an early date so as to further the public welface of the inhabitants of the aforesaid govenmental unit. I HERBY CERTIFY that the above noficq4as posted on the bulletin board in the first floor lobby of City Ran , located at 1625 13th Street , Lubbock, Texas, Friday , December 21,1984 at 9.30 A. O�a unfi w l J AJL-1 ) h�tL - City Secretary