RES 1328 03/30/2006 RESOLUTION 1328
RESOLUTION 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 REFUNDING BONDS (MID-CITIES
PROJECT), SERIES 2006"; APPROVING AN AMENDMENT TO THE
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 MANAGER 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 THEREWITHTHIS 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 Refunding
Bonds (Mid-Cities Project), Series 2006" to be adopted within 180 days from the approval date
hereof, (ii) the refunding of certain outstanding bonds as designated in the "Bond Resolution",
(iii) the Amendment No. 2 to the Tax-Exempt Water Supply Contract, as amended, 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 Attorney General in their
review and approval of this transaction.
ATTEST:
City Secretary M
APPROVED THIS THE 30TH DAY OF MARCH, 2006.
45722416.1