RES 1249 05/06/2003 RESOLUTION � a49
APPROVING A BOND RESOLUTION TO BE ADOPTED BY THE BOARD
OF TRUSTEES OF THE CANYON REGIONAL WATER AUTHORITY
AUTHORIZING THE ISSUANCE OF OBLIGATIONS DESIGNATED AS
"CANYON REGIONAL WATER AUTHORITY TAX-EXEMPT CONTRACT
REVENUE BONDS (LAKE DUNLAP PROJECT) SERIES 2003";
ACKNOWLEDGING THAT THESE OBLIGATIONS WILL BE SOLD TO
THE TEXAS WATER DEVELOPMENT BOARD; RATIFYING,
RECONFIRMING, AND READOPTING THE PROVISIONS OF A
REGIONAL TAX-EXEMPT WATER SUPPLY CONTRACT PREVIOUSLY
APPROVED AND EXECUTED BETWEEN THE CITY OF CIBOLO, TEXAS
AND THE CANYON REGIONAL WATER AUTHORITY; AUTHORIZING
THE MAYOR AND CITY ADMINISTRATOR OF THE CITY OF CIBOLO,
TEXAS TO EXECUTE ON BEHALF OF THE CITY OF CIBOLO, TEXAS
ALL DOCUMENTS IN CONNECTION WITH THIS TRANSACTION; AND
OTHER MATTERS IN CONNECTION THEREWITH
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CIBOLO, TEXAS THAT:
The City Council of the City of Cibolo, Texas has reviewed and hereby approves (i) the
Bond Resolution, including the factual findings contained therein, to be adopted by the Board of
Trustees of the Canyon Regional Water Authority relating to the issuance of obligations
designated as "Canyon Regional Water Authority Tax-Exempt Contract Revenue Bonds (Lake
Dunlap Project) Series 2003" to be adopted within 180 days from the approval date hereof, (ii)
the Project to be financed with the proceeds of these obligations to be sold to the Texas Water
Development Board, (iii) the Tax-Exempt Water Supply Contract, including the factual findings
contained therein, previously approved and executed between the City of Cibolo, Texas and the
Canyon Regional Water Authority which provides certain security for the payment of these
obligations, and (iv) the Sale and Offering Documents (as defined in the Contract). The Mayor
of the City of Cibolo, Texas is hereby authorized to execute on behalf of the City any and all
documents in connection with this transaction. This resolution may be relied upon by the
appropriate representatives to this transaction including the Texas Water Development Board
and the Texas Attorney General in their review and approval of this transaction.
ATTEST:
bLe�_, h lt/140wr,
1Aministrator Mayor
APPROVED THIS THE 6TH DAY OF MAY, 2003.
2134155.3
CERTIFICATE FOR RESOLUTION
The undersigned officer of the City of Cibolo, Texas (the "Issuer") hereby certifies as
follows:
1. The City Council of the Issuer (the "Council") held a meeting on May 6, 2003
(the "Meeting") of the duly constituted members of the Council, at which a duly constituted
quorum was present. Whereupon among other business transacted at the Meeting, a written
APPROVING A BOND RESOLUTION TO BE ADOPTED BY THE BOARD
OF TRUSTEES OF THE CANYON REGIONAL WATER AUTHORITY
AUTHORIZING THE ISSUANCE OF OBLIGATIONS DESIGNATED AS
"CANYON REGIONAL WATER AUTHORITY TAX-EXEMPT CONTRACT
REVENUE BONDS (LAKE DUNLAP PROJECT) SERIES 2003";
ACKNOWLEDGING THAT THESE OBLIGATIONS WILL BE SOLD TO
THE TEXAS WATER DEVELOPMENT BOARD; RATIFYING,
RECONFIRMING, AND READOPTING THE PROVISIONS OF A
REGIONAL TAX-EXEMPT WATER SUPPLY CONTRACT PREVIOUSLY
APPROVED AND EXECUTED BETWEEN THE CITY OF CIBOLO, TEXAS
AND THE CANYON REGIONAL WATER AUTHORITY; AUTHORIZING
THE MAYOR AND CITY ADMINISTRATOR OF THE CITY OF CIBOLO,
TEXAS TO EXECUTE ON BEHALF OF THE CITY OF CIBOLO, TEXAS
ALL DOCUMENTS IN CONNECTION WITH THIS TRANSACTION; AND
OTHER MATTERS IN CONNECTION THEREWITH
(the "Resolution") was duly introduced for the consideration of the Council and discussed. It
was then duly moved and seconded that the Resolution be adopted; and, after due discussion,
said motion, carrying with it the adoption of the Resolution, prevailed and carried by a majority
vote of the Council.
2. A true, full, and correct copy of the Resolution adopted at the Meeting is attached
to and follows this Certificate; the Resolution has been duly recorded in the Council's minutes of
the Meeting; each of the officers and members of the Council was duly and sufficiently notified
officially and personally, in advance, of the time, place, and purpose of the Meeting; and the
Meeting was held and conducted in accordance with the Open Meetings Act.
SIGNED AND SEALED May 6, 2003.
City Administrator
(SEAL)
2134155.3