RES 1191 7/11/2000 RESOLUTION #1191
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 2000-A";
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 ANDTHE MAYORO AND REGIONAL
WATER AUTHORITY; AUTHORIZING T
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 2000-A", (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:
rator Mayor
y Administ
APPROVED THIS THE 11TH DAY OF JULY, 2000.
634155.1