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RESOLUTION NO.6e 00q
A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF DENTON APPROVING AN
EXTENSION OF TIME FOR THE ISSUANCE OF BONDS BY NORTH TEXAS HIGHER
EDUCATION AUTHORITY, INC. AND MAKING CERTAIN FINDINGS IN CONNECTION
THEREWITH; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, by Resolution No. R2005-044 the City Council of the City of Denton
approved the issuance of $200,000,000 in principal amount of student loan revenue bonds by
North Texas Higher Education Authority, Inc. ("Authority") during the first quarter of 2006; and
WHEREAS, the Authority has asked the City to approve an extension of time for the
issuance of its bonds; and
WHEREAS, the City wishes to approve the extension; NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES:
SECTION 1. The City Council of the city of Denton, Texas, hereby grants its approval
to the North Texas Higher Education Authority, Inc. to issue and deliver its student loan revenue
bonds in the amount and for the purposes described in Resolution No. R2005-044 no later than
June 30, 2006.
SECTION 2. It is hereby officially found and determined that the meeting at which this
Resolution is passed is open to the public, as required by law, and that public notice of the time,
place and purpose of said meeting was posted, as required by law.
SECTION 3. This Resolution shall become effective immediately upon its passage and
approval.
PASSED AND APPROVED this the Sday of 12006.
EULINE BROCK, MAYOR
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
BY: 1,l
APPRO ED AS O LEGAL FORM:
EDWIN M. SNYD CIT TTORNEY
BY:
r
CERTIFICATE OF SECRETARY
THE STATE OF TEXAS
COUNTY OF DENTON
CITY OF DENTON
I, the undersigned, Secretary of the City of Denton, Texas do hereby certify the
following:
1.On the day of 2006, the City Council of
the City of Denton, Texas convened in regular sess n at its regular meeting place in City Hall,
with the duly constituted members of the City Council being as follows:
Euline Brock Mayor
Charlye Heggins Council Member, District 1
Pete Kamp Council Member, District 2
Jack Thomson Council Member, District 3
Perry McNeil Council Member, District 4 and Mayor Pro Tern
Bob Montgomery Council Member, At Large Place 5
Joe Mulroy Council Member, At Large Place 6
and all Council Members were present at said meeting, except the following: n,/
Among other business considered at said meeting, the attached resolution, entitled:
A RESOLUTION BY THE CITY COUNCIL OF THE
CITY OF DENTON APPROVING AN EXTENSION OF TIME
FOR THE ISSUANCE OF BONDS BY
NORTH TEXAS HIGHER EDUCATION AUTHORITY, INC.;
AND MAKING CERTAIN FINDINGS IN CONNECTION THEREWITH
was introduced and submitted to the Council for approval and ssage. After presentation and
due consideration//of the resolution, and u on a motion by pt 7,M
seconded by CrL the resolution was duly passed and adopted by the
City Council, to be effective imm ately, by the following vote:
J- voted "For"voted "Against"abstained
all as stated in the official Minutes of the City Council for the meeting held on the aforesaid date.
2.The attached resolution is a true and correct copy of the original resolution
on file in the official records of the City of Denton, Texas. The duly qualified and acting
members of the City Council of the City of Denton, Texas, on the date of the aforesaid Council
meeting are those persons above named; and according to the records of my office, each member
of the City Council was given advance notice of the time, place and purpose of the meeting, and
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