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HomeMy WebLinkAbout1983-03-14-1000AM-Regulari r A i { i S ac 1 y E ~ i I i NOTICE OF PROPOSED INSTALLATION IN COUNTY RIGHT-OF-WAY TO THE COMMISSIONERS' COURT OF BRAZOS COUNTY, TEXAS r BRAZOS COUNTY COURTHOUSE BRIAN TEXAS 77801 1 1 Formal notice is hereby given that Andrus Pipeline Corporation , Applicant proposes to place a 4' Pipeline within the right-of-way of Old Reliance Road in Brazos County, Texas as follows R Road crossing only t c Installation paralleling the roadway a distance of feet The location or description of the proposed installation is more fully shown by 6 copies of the drawings attached to this notice I understand and agree that 1 The Commissioner of the Precinct in which the right-of-way lies must be notified prior to the beginning of construction in order that the Commissioner might be on hand to designate the actual location of the installation 2 That all damage to the roadways and rights-of-way will be repaired to their original condition to the satisfaction of the Commissioner in which the roadway or right-of-way lies 3 That BRAZOS COUNTY reserves the right to require Applicant to relocate , or lower any such line at no cost to BRAZOS COUNTY, should same become necessary due to widening or lowering, or other alteration of the roadway or right-of-way 4 That BRAZOS COUNTY is in no way responsible for any damage that may occur to any existing utility lines in the right-of-way S That the line will be constructed and maintained on the county right-of- way in accordance with governing laws E f 6 That the line or lines will be constructed no less than forty-eight inches ` (4811) lower than the lowest part of the drainage or bar ditch and the drainage is to be considered at least two feet (21) below the center of the roadway r 7 That all ro ds be bored to forty feet (401) on either side of the centerline of the right-of-way or cased for such distance 8 That all sites will be baracaded during construction period 9 That the normal charge established by the Commissioners' Court is $500 00 per crossing and/or $25 00 per rod when paralleling the roadway Construction of this line will begin or or after the 5th day of March , 1983 APPROVED BY COMMISSIONERS, COURT Firm Andrus Pipeline Corporation Date By Title i Fee Received r Address 7607 East Mark Drive Date Amount vocaPacE.qQ_ Suite 250, College Station, TX 77840 5 Phone 764-9411 / 764-9234 I } 1 s S 1 f 1 h s I i' I= s 1 1 I i ~ L 4 I 1 B RA ZOS COUNTY, TEXAS oe S F AUSTIN LEAGUE NO 10 SAM RIZZO t Fesdei Rood //Avy 6 A- 63 o H ~ o v► `a a ~ ` 1 ~ 1 1 1 I I N 40044'W , C Proposed PYpe/ine '#I o A a'' v q e~ 0 7 n j ° o ° a W C BEEL ER t ' > > 4 n 1O~ O a ~ ~ a10 ~ r O O ~ I O ~ 10 + 1 N b I4 ~ I' ~ 4 1 PLAN o7RO Seale = I' a 20' ~ OLD REL /A NCE ROAD, R/W # MINIMUM PIPE SPECIFICATIONS O CARRIER PIPE @ b C Q 4600'00 x0168 0T O q p (6 641be/ff) API X-42 41 oa e a a d , ~ ~ v o e ~ c CASING PIPE c \ V C W 8626'00 x0130 WT ~I V 1 22 36 Ibe/ff) Brad* 108' 3 C ~ ~ ~ 11 0 0 0 3 ~ d b b a ~ 11 !I f. O 1 to b b b I ` e \ in ` Abluro/ Ground ~ 1 T 7'AI1n 3'Alin i \ , Sea/ Both Ends ' roe E/ev 9/3' {C m 83'- 8 628O D Casing Pips E Proposed Pipe//ne PROFILE 1 P K Noi/ /n c O/d Scale: I ■ 20' H. 9V , Re%once Rood a Ste 1811131 y Assumed £/ev /00 00' N F 8 2020 Pq 23 % pctoo,.dpayM F B 2025 P 3 ) case,"° ANDRUS PIPELINE CORPORATION tom, ~vj , -'1t ,4~ ♦ HOUSTON TEXAS BRYAN PROPOSED PIPELINE KEY MAP UNDER OLD RELIANCE ROAD • sale 1 2 MI BRAZOS COUNTY TEXAS GULLETT ASSOCIATES INC DRAWN BY Mf DATE 12 7 82 ASSOCIATES, CMEcItro DY rhb DATE 3 I 83 I HOUSTON,TEXAS 6CALE= NOTED zr 0 ® I I ~ ~-V[~ W r+. v-.-~- c4 .aua. r.da.oi..wn.uA all'Ati.d H.f.tuat..(.na.. _ _ - 1 ~i _ w..._. is ..r v- _ ...r ...'r ws. Nf+> l Id ♦V wu ~TTT ~L1 ....L~.s._+.1~J '~npOS~ tlr.J~~ 1 e 1 t 1 r 5 = r r 1 F r. L i ~ ~ ~ r r uY z f w~•~•-•-~ ` f _ 5. f .7`. '.yam^~ 1 "~~9y '`'I'S' 1} 1y'~.t'~.'^'^Y• ~ •jh~ 4i~ e~ i~dti r. 1 f ~ , t 1 r ~ f ,1 r { ~ 1 a i d [ j i State Department of Highways and Public Transportation Page 1 of 3 SUPPLEMENTAL c CONTRACTUAL AGREEMENT FOR RIGHT OF STAY PROCUREMENT jE (COUNTY FORM) I~ hl STATE OF TEXAS 4 COUNTY Brazos 4 PROJECT 8017-1-23 I~ COUNTY OF TRAVIS S HIGHWAY SH 6 i z This supplemental contractual agreement by and between the State of Texas, acting by and f through the. State Department of Highways and Public Transportation, hereinafter called the ii State, and Brazos County, Texas, acting by and through its duly It authorized official under Commissioners' Court Order dated the day of , 19 , hereinafter called the County, shall be effective on the date of approval and exe- cution by and on behalf of the State WHEREAS, the State and County entered into contractual agreements and supplemental contractual agreements for procurement of right of way on the following projects on the dates indicated Highway Account No Limits Date of From Loop 507 at College Agreement Station, South to Navasota SH16 8017-1-25 River. 12-5-79 I ' ~ 101 ' 1 h\ e•1~ and, which are made a part of this instrument by reference, and, WHEREAS, the County has requested that they be relieved of the obligation to acquire the 1 necessary right of way and desires the State to assume the acquipition responsibility, and, WHEREAS, it is mutually desired by the County and the State to modify said original contracts and any supplemental Contracts implementing the terms and pfovisions of the original contracts 1 NOW, THEREFORE, in consideration of ,the foregoing premises and the mutual benefits to be ` derived therefrom, the above described contracts are modified hereby to the extent of the manner, mode and method of the County's obligation to acquire the necessary right of way and receive 90% reimbursement of the cost thereof in that the State hereby assumes the obligation to acquire the necessary right of way and the County shall accomplish its obli- ; gation by contributing 10% of the cost of the right of way as hereinafter described VaL PAGE .1 . ~ 1 r ~ w ~.~..w.w ~.~L-~Y~e••c '~'w.~~~w 1 1 f 1 Y, t v ` I( 4 s ' r -rr ,f e L I 1 I I I 1[ L 7 c ~ ! + ~ ' 1 ~ ~ Y rte.. - ..y,. - s r-,..... r ..-..~..e - c ~ ei... ~ - h J ~ F: - 1 i ~ r i r . , + v ~ ~ l ~ / 1 I }f 3 j .r. l l t 1 _ ! Lf I~ r State Department of Highways t I and Public Transportation ' Page 2 of 3 l The State is to acquire all right of way except that the County shall continue with its ' present obligations to acquire the f ollowing described right of way Parcels Betveen approcimately Station No 830 and Station No 1.474 i near Junction of SH 6 and Loop 508 at Navasota 4 w 1 R 1 ~r u I ' Utilities Betieen appro cimarcel y Station Flo C30 a,,d Station No 1474 I near Junction of SH 6 and Loop 508 at Navasota 1 h Other None Y , I 1 ~ I 7 i r K The County shall contribute to the State an amount equal to ten percent (10X) of the cost of the right of way to be acquired by the State and shall transmit to the State with the return of this agreement, executed by the County, a warrant or check payable to the State Department of Highways and Public Transportation in the amount of Tio Hundred and u i Vent Thousand o1 G and 0---------------------------------------- f h t o which represents 10% of the estimated cost of the rig Dollars 220,000 UI) way, however, if it is found that this amount is insufficient to pay the County's obliga- m ount in then the County, upon request of the State, will forthwith supplement this a tion 1 , such amount as requested by the State Upon completion of the project and in the event r ,I t the amount as paid is more than 10% of the cost of the right of way, then any excess amount will be returned to the County Cost of the right of way acquired by the State shall mean the total value of compensation to owners for their property interests either by negotiation or eminent domain iYh x 1 ! Vo {PAGE r ~ f , I ~ • 1 I ~ i I ~ i I j ii I. County Texas ATTEST CommissOfer Precinct THE STATE OF TEXAS Certified as being executed for the purpose and effect of activating and/or carrying out the orders established policies or vork programs heretofore approved and authorized by the State Highvay and Public Transportation Commission By Right of Way Engineer Executed and approved for State Highvay and Public Transportation Commission under authority of Commission Minute No and A 0 RECOMMENDED FOR APPROVAL 1✓L Commissioner Precinct #2 Commission Precinct #3 e, District Engineer Commissioner, Precinct i4 P, 1 j 4 t r r- r i 7 P I h + Z Y ft 11 Q l y r ~ r ~ V'" ~ e c w ~ ! L } f ' YOQqPAGE~& i r ! i ~I . 1 I, This supplemental contractual agreement is approved and executed on behalf of the State this day of 19` 1 L i 3 ~ ~ f 1 J i i f 1 NO. THE STATE OF TEXAS 4 COUNTY OF Q Zo 4 r O R D E R I , L r 5 , „ r t h , , r IY a ' , i , r ~ !5 f , , i it i 1 T WHEREAS a case styled Bush v Viterna (Civil Action No, A-80-CA-411) is pending in the United States District Court for the Western District of Texas, WHEREAS the suit Is one against the Jail Standards Commission of Texas; WHEREAS the federal court in Bush v Viterna has certified the class of plaintiffs to Include "all persons now incarcerated or to be Incarcerated In county jails in Texas", WHEREAS the plaintiffs In the suit challenge the constitutionality of existing state laws and regulations applicable to county jails in Texas, and seek to impose new and more stringent standards; WHEREAS the plaintiffs In the suit challenge the authority of the 3ail Standards Commission to grant variances from existent requirements and challenge the lawfulness of variances granted by the Commission In the pastl WHEREAS the plaintiffs In the suit seek to diminish the lawful discretion now present In the Jail Standards Commission and the County Commissioners Courts of this State to manage this State's jails; WHEREAS Texas cou aes in general and this County in particular and the taxpayers of such counties will be affected by any order imposing new or more stringent standards on the construction or operation of county falls; WHEREAS the Interests of Texas counties and of this County can be significantly affected by the outcome of Bush v Viterna; WHEREAS Texas counties are not now represented In this litigation; WHEREAS It is important In the view of this Commissioners Court that Texas counties in general and this County In particular have a voice In determining the nature of restrictions applicable to the construction and operation of county jails, and ' the outcome In Bush v Viterna, and WHEREAS it is impractical for each individual Texas county to seek Intervention and participation in Bush v Viterna; THEREFORE IT IS ORDERED: That this Commissioners Court on behalf of this County hereby acts pursuant to Article 4413(32c), the lnterlocal Cooperation Act, Texas Civil Statutes, and its authority elsewhere under state law to loin with other counties in Texas to create a fund to support the legal representation of county interests in Bush v Viterna, That this Court agrees that the Texas Association of Counties shall serve as administrator for this aforementioned fund and shall (1) approve any and all erpenditures from the fund, which shall be used only for legal fees, expert witness fees (if any), and actual expenses incurred in regard to Bush v Viterna and (2) shall periodicall/ notify this County of the nature of all expenditures, T1 at this Court agrees that upon comple•ion of Bush v Viterna or a determination by the Texas Association of Counties to terminate the legal representation of the interests of Texas counties in such litigation, all amounts remaining in the aforementioned fund shall be returned to participating counties on a pro rata basis, t i , ti I~ t r II V04-P 4GEs-..! ~I "~-••~v~ta+,P ^R 1 't4_ _ _ _ _ _ 0 MkZ: W 1 , That this Court agrees that if a final award of attorneys fees is made by the a court to attorneys for plaintiffs against the Texas Association of Counties or any other party wtuch has intervened at the request of the Texas Association of Counties to protect the interests of Texas counties, the aforementioned fund shall be utilized to pay such award and this County agrees to bear on a pro rata basis its share of any portion of such an award remaining unpaid after exhaustion of the fund; That this Court hereby appropriates the sum of $ 1,, 000 0 0 to be sent to the Texas Association of Counties for deposit to the fund with the understanding that additional such appropriations may become necessary but that this County reserves w the right to review and to approve or disapprove any such additional appropriations. BE IT 50 ORDERED. Adopted on thi; GTl~ day of t 983. Z I)e s County Judge 06-mmission Precinct A f Commissioner, Precinct a Commissioner, Precinct _QW,yo: ZZ-4-2-- 7 Jr #,I 'Commissioner, Precinct Approved Texas Association of Counties ~ , t S $ r , 1 t , { r l ~S 1 f j 11 1 { !y J NOW 7 i t 'Y F ~r f1 ' f~ 1C , , 4 t e• E G r 6 t C , , , I 7 l li S a I1 A RESOLUTION APPROVING RESOLUTION BY THE BRAZOS COUNTY INDUSTRIAL DEVELOPMENT CORPORATION PROVIDING FOR THE ISSUANCE OF BRAZOS COUNTY INDUSTRIAL DEVELOPMENT CORPORATION INDUSTRIAL DEVELOPMENT REVENUE BONDS (EUREKA INVESTMENT COMPANY PROJECT) SERIES 1983 WHEREAS, the Brazos County Industrial Development Corporation (the "Issuer") was created by the Commissioner's Court of Brazos County, Texas (the "Unit") pursuant to the provisions of the Development Corporation Act of 1979, Article 5190 6, Vernon's Texas Civil Statutes, as amended (the "Act"), WHEREAS, pursuant to Section 103(k) of the Internal Revenue Code of 1954, as amended (the "Code"), the Issuer has conducted a public hearing following reasonable public notice with respect to the captioned bonds (the "Bonds") and the captioned project and has submitted to the Unit certified minute entries containing the proceedings from such hearing which proceedings are attached hereto as Exhibit A, WHEREAS, in order to satisfy the requirements of Section 103(k) of the Code, it is necessary for the Unit to approve the Bonds after the public hearing has been held, WHEREAS, Section 25(f) of the Act requires that the governing body of the Unit approve the resolutions of the Issuer providing for the issuance of the Bonds no more than 60 days prior to the delivery of the Bonds, and ' WHEREAS, it is deemed necessary and advisable that this Resolution be adopted, THEREFORE, BE IT RESOLVED BY THE COMMISSIONER'S COURT OF BRAZOS COUNTY THAT Section 1 The Resolution Authorizing Brazos County Industrial Development Corporation Industrial Development Revenue Bonds (Eureka Investment Project) Series 1983, a Loan Agreement, an Indenture of Trust, a Guarantee Agreement, a Bond Purchase Agreement, Acceptance of a Deed of Trust, A Collateral Assignment, and Other Matters in Connection Therewith, adopted by the Issuer on March 15, 1983 (the "Resolution"), a copy of which is attached hereto as Exhibit "B" and made a part hereof for all purposes, is hereby specifically approved, r I VOLaPAGE~ I 1 7 ~.~~.~...wr+.•..-~ ..ate ~ s 1 f 1 h Section 2 The issue of bonds styled "Brazos County Industrial Development Corporation Industrial Development Revenue Bonds (Eureka Investment Company Pr03ect) Series 1983" in the principal amount of $1,500,000, is hereby approved pursuant to Section 103(k) of the Code Section 3 The approval herein given is in accordance with the provisions of Section 25(f) of the Act (and Section 103(k) of the Code) and for no other purpose and is not to be construed as any undertaking by the Unit, and the Bonds shall never constitute an indebtedness or pledge of the Unit, or the State of Texas, within the meaning of any constitutional or statutory provision, and the holder of the Bonds shall never be paid in whole or in part out of any funds raised or to be raised by taxation or any other revenues of the Issuer, the Unit, or the State of Texas except those revenues assigned and pledged by the Resolution Section 4 The programs and expenditures authorized and contemplated by the aforesaid documents are hereby in all respects approved Section 5 The County Judge, Commissioners, and County Clerk of the Unit and the other officers of the Unit are hereby authorized, jointly and severally to execute and deliver such endorsements, instruments, certificates, docu- ments, or papers necessary and advisable to carry out the intent and purposes of this Resolution PASSED AND APPROVED this March 15, 1983° o Coun Judge 5 ATTEST 1 1 County erk r w % (StAL`) r t 1 0 t i VOl4-PAGE I(21 -2- i 0 -vim 1 L S i i t 3 t k r ~M n~ e x~r +c i a~ T rt f t{ yy ( 1 C{ r 1 I° 1 ' E t ~t [ ms's d r rA , w~ > } r r I 1 -r r, ) r a { , ~I ' t 1 5 f s 1 t M 1 1 1 .t 1 I I d/ ~f 1 I 4 ' EXHIBIT "A" 1 CERTIFICATE s I, the undersigned, officer of the Brazos County Industrial Development Corporation (the "Issuer"), do hereby certify as follows 1 In accordance with the Bylaws of the Issuer the Board of Directors of the Issuer (the "Board") held a meeting on April 15, 1983 (the "Meeting") of the duly con- stituted officers and members of the Board, at which a duly constituted quorum was present Whereupon, among other business transacted at the Meeting, a public hearing concerning issuance of bonds styled as follows BRAZOS COUNTY INDUSTRIAL. DEVELOPMENT CORPORATION INDUSTRIAL DEVELOPMENT REVENUE BONDS (EUREKA INVESTMENT COMPANY PROJECT) SERIES 1983 (the "Hearing") was duly conducted for the consideration of the Board 2 A true, full, and correct copy of excerpts from the official minutes of the Board pertaining to the Hearing at the Meeting is attached to and follows this Certificate, such excerpts have been duly recorded in the Board's minutes of the Meeting, each of the officers and members of the Board was duly and sufficiently notified officially and personally, in advance, of the time, place, and purpose of the Meeting in accordance with the Bylaws, and that the Hearing would be conducted at the Meeting, and the meeting was held and conducted in accordance with the Articles of Incorporation and Bylaws of the Corporation SIGNED AND SEALED this March 15, 1983 (SEAL) r T ) 1 Y { A-1 VOQ~PAGIE Of~ r • 4 ~i c s l( 6 I f r 4 t k 7 t r r r A 4/1 r ~ 1 0 e RESOLUTION AUTHORIZING BRAZOS COUNTY INDUSTRIAL DEVELOPMENT CORPORATION INDUSTRIAL DEVELOPMENT REVENUE BONDS (EUREKA INVESTMENT COMPANY PROJECT) SERIES 1983, A LOAN AGREEMENT, AN INDENTURE OF TRUST; A GUARANTEE AGREEMENT, ACCEPTANCE OF A DEED OF TRUST,. A COLLATERAL ASSIGNMENT, AND OTHER MATTERS IN CONNECTION THEREWITH WHEREAS, pursuant to the Development Corporation Ac+t of 1979, Article 5190 6, Vernon's Texas Civil Statute, as amended (the "Act"), the Brazos County Industrial Development Corporation (the "Issuer"), on behalf of the Brazos County (the "Unit"), is empowered to finance the cost of projects to promote and develop industrial and manu- facturing enterprises to promote and encourage employment and the public welfare by the issuance of obligations of the Issuer which projects will be inside the Unit's boundaries. WHEREAS, Eureka Investment Corporation, a Texas corporation (the "User"), has requested the Issuer to finance the cost of acquiring, constructing, reconstructing, improving, or expanding, as the case may be, an industrial project (the "Project"), WHEREAS, on May 24, 1982, the Issuer adopted a "Resolution Concerning Issuance of Bonds to Finance a Project for Eureka Investment Company" (the "Initial Resolution"), WHEREAS, in order to finance the Project, the Issuer proposes to issue bonds styled, "Brazos County Industrial Development Corporation Industrial Development Revenue Bonds (Eureka Investment Corporation Project) Series 1983" (the "Bonds"), WHEREAS, pursuant to Section 103(k) of the Internal Revenue Code of 1954, as amended (the "Code"), a public hearing, following published notice thereof, was held by the Issuer on March 15, 1983 at which time the Project and the issuance of the Bonds were considered, and WHEREAS, there have been presented to the Issuer proposed forms of each of the following: s VOLQPAGE _LQD- i / t 1 } 1 l f f t ,r ~t ~I t, s' s~ r i r. r° 1 t fF.. } r 1 Y= rf J 1 ' a t 1 4 Vt I ~j H ur s r x' , , 1 r r ~ i i , 0 4 r J J b Y S 1. Loan Agreement, dated as of March 1, 1983, (the "Agreement"), between the Issuer and the User, including a promissory note from the User to the Issuer in the principal amount of the Bonds (the "Note"), 2 Indenture of Trust, dated as of March 1, 1983 (the "Indenture"), between the Issuer -and First City National Bank of Houston, Houston, Texas (the "Trustee"), 3 Guarantee Agreement, dated as of March 1, 1983 (the "Guarantee Agreement"), among Mustang Tractor & Equipment Company, a Texas corporation (the "Guarantor"), the Trustee, and the Issuer,) 4 Deed of Trust and Security Agreement, dated as of March 1, 1983 (the "Deed of Trust") from the User to the Issuer, 5. Collateral Assignment and Security Agreement, J dated as of March 1, 1983 (the "Collateral Assignment") from the Issuer to the Trustee, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE BRA20S COUNTY INDUSTRIAL, DEVELOPMENT CORPORATION THAT Section 1 Based solely upon the representations made to the Board of Directors (the "Board") and to the Texas Industrial Commission by the User, it appears and the Board hereby finds that A. The Project is suitable for the promotion of manufacturing or industrial development and expansion, and B Additionally (i) The Project will have an impact of increasing employment within the Unit's boundaries, and (ii) the Project is in furtherance of the public purposes of the Act Section 2 The Board hereby approves the Agree- ment in substantially the form and substance presented to the Board and the President or Vice President is hereby authorized and directed, for and on behalf of the Issuer, to date, sign, and otherwise execute the Agreement, and the secretary or any Assistant Secretary is authorized and -2- G-2 VQLqPAGE~ r l~ J , f K i pp y, ~'2°~w-~,,'~... ~ s - .~ti. i , -^bT~"'.~' s~ a-r'7" ..a-..-,. ..r Y. ~ !ra +iH •-.q ,+.C. r~' T ..u t r ~ 1 t 4 / I 4 I / i ~ C directed for and on behalf of the issuer to attest the Agreement, and such officer- are hereby authorized to deliver the Agreement Upon execution by the parties thereto and delivery thereof, the Agreement shall be binding upon the Issuer in accordance 4ith the terms and provisions thereof Section 3 The Bonds in the aggregate principal amount of $1,500,000 are authorized to be issued for the purpose of paying the cost of acquiring, constructing, reconstructing, improving, or expanding, as the case may be, the Project The Board hereby approves the Indenture in substantially the form and substance presented to the Board and the President or Vice President is authorized and directed for and on behalf of the Issuer to date, sign, and otherwise execute the Indenture and the Secretary or any Assistant Secretary is hereby authorized to attest the Indenture and such officers are hereby authorized to deliver the Indenture The details of the Bonds shall be as set forth in the Indenture Section 4 The Board hereby approves the Guarantee Agreement in substantially the form and substance presented to the Board and the President or Vice President is authorized and directed, for and on behalf of the Issuer, to date, sign, or otherwise execute the Guarantee Agreement and the Secretary or any Assistant Secretary is hereby authorized to attest the Guarantee Agreement on behalf of the Issuer, and such officers are hereby authorized to deliver the Guarantee Agreement. Section 5 The Board hereby approves the Deed of Trust in substantially the form and substance presented to the Board and the President or Vice President is authorized and directed, for and on behalf of the Issuer, to accept delivery of the Deed of Trust Section 6 The Board hereby approves the Collateral Assignment in substantially the form and sub- stance presented to the Board and the President or Vice President is authorized and directed, for and on behalf of the Issuer, to date, sign, or otherwise execute the Collateral Assignment and the Secretary or any Assistant Secretary is hereby authorized to attest the Collateral Assignment on behalf of the Issuer, and such officers are hereby authorized to deliver the Collateral Assignment. r 4 33 YOLaPAGE~l i It Ir 4 ! r r` A+ I I~ ~I k i .I F ti v t x~ R r ~ r I it t f Section 15 If any section, paragraph, clause, provision of the Resolution shall be held to be invalid or unenforceable, the invalidity or unenforceability of such section, paragraph, clause, provision shall not affect any of the remaining provisions of this Resolution In case any obligation of the Issuer authorized or established by this Resolution or the Bonds or interest coupons appertaining thereto is held to be in violation of law as applied to any person or in any circumstance, such obligation shall be deemed to be the obligation of the Issuer to the fullest extent permitted by law PASSED AND APPROVED ~y residen f t i r i t s r r ` r a • OLaPAriEft - - r _ ~atn ..._.._.e..e.......a,'r~-_ „z. ' _ r - - . t....,_ 'rte ri - -.~~►a~ „J '„~~iM "M~~-4 -u„~isi4'Z.Z rr _ r r r`~ •7 I ~ L ~ , 11 1 t 'r l Q . I o Section 7. The President and Secretary are hereby each authorized and directed to execute the Bonds, or have their facsimile signatures placed upon the Bonds, and each is' hereby authorized and directed to deliver the Bonds, and the seal of the Issuer is hereby authorized and directed to be affixed or placed in facsimile on the Bonds. Section 8. First City National Bank of Houston, Houston, Texas, is hereby appointed as Trustee under the Indenture thereby serving as Registrar and Paying Agent under the terms of the Indenture. Section 9. The sale of the Bonds to First City National Bank of Houston, Houston, Texas, at a price of 100% of the principal amount of the Bonds is hereby authorized and approved. Section 10. The President, the Vice President, or the Secretary is hereby authorized to execute and deliver to the Trustee the written order of the Issuer of the authentication and delivery of the Bonds by the Trustee in accordance with the Indenture. Section 11. All action (not inconsistent with provisions of this. Resolution) heretofore taken by the Board and officers of the Issuer directed toward the financing of the Project and the issuance of the Bonds be and the same hereby is ratified, approved, and confirmed. Section 12. The officers of the Issuer shall take all action in conformity with the Act, if necessary, or reasonably required to effectuate the issuance of the Bonds and take all action necessary or desirable in conformity with the Act to finance the Project and for carrying out, giving effect to, and consummating the transactions con- templated by the Bonds, the Initial Resolution, this Resolution, including without limitation, the execution and delivery of any closing documents in connection with the issuance of the Bonds. Section 13. The officers executing the documents approved by this Resolution are authorized to approve such changes to said documents as are necessary and appropriate and not contrary'to the general tenor thereof. j, Section 14. After any of the Bonds are issued, a this Resolution shall be and remain irrepealable until the Bonds or interest thereon shall have been fully paid or " provisions for payment made pursuant,to the Indenture. r VOL PACE 0(p -4- a-LA x Vg. w r t+ f I i l 's i i