HomeMy WebLinkAboutRES 030822-F - Parks at Westhaven PLOMCERTIFICATE FOR RESOLUTION NO.0307, F
THE STATE OF TEXAS §
COUNTY OF WILLIAMSON §
CITY OF GEORGETOWN §
We, the undersigned officers and members of the City Council of the City of Georgetown,
Texas (the "City"), hereby certify as follows:
1. The City Council of the City convened in REGULAR MEETING ON THE 8TH DAY OF
MARCH, 2022, (the "Meeting"), and the roll was called of the duly constituted officers and
members of the City, to -wit:
Josh Schroeder, Mayor
Amanda Parr, Councilmember District 1
Shawn Hood, Councilmember District 2
Mike Triggs, Councilmember District 3
Steve Fought, Councilmember District 4
Kevin Pitts, Councilmember District 5
Jake French, Councilmember District 6
Tommy Gonzalez, Councilmember District 7
and all of the persons were present, except the following absentees:
r..-/ OL , thus constituting a quorum. Whereupon, among other business, the
following was transacted at the Meeting: a written
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS, APPROVING THE FORM AND
AUTHORIZING THE DISTRIBUTION OF A PRELIMINARY LIMITED
OFFERING MEMORANDUM FOR "CITY OF GEORGETOWN, TEXAS
SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2022 (PARKS AT
WESTHAVEN PUBLIC IMPROVEMENT DISTRICT PROJECT)"
was duly introduced for the consideration of the City Council. It was then duly moved and
seconded that the Resolution be passed on first reading; and, after due discussion, said motion
carrying with it the passage of the Resolution, prevailed and carried by the following vote:
AYES: -4 NOES: (& ABSTENTIONS:(&
2. A true, full and correct copy of the aforesaid Resolution passed at the Meeting described
in the above and foregoing paragraph is attached to and follows this Certificate; that the Resolution
has been duly recorded in the City Council's minutes of the Meeting; that the above and foregoing
paragraph is a true, full and correct excerpt from the City Council's minutes of the Meeting
pertaining to the passage of the Resolution; that the persons named in the above and foregoing
GEORGETOWN PARKS AT WESTRAVEM PLOMRe Iution CRT
paragraph are the duly chosen, qualified and acting officers and members of the City Council as
indicated therein; that each of the officers and members of the City Council was duly and
sufficiently notified officially and personally, in advance, of the time, place and purpose of the
aforesaid Meeting, and that the Resolution would be introduced and considered for passage at the
Meeting, and each of the officers and members consented, in advance, to the holding of the
Meeting for such purpose; that the Meeting was open to the public and public notice of the time,
place and purpose of the Meeting was given, all as required by Chapter 551, Texas Government
Code, as amended.
GEORGETOWN PARKS AT WESTHAVEN: PLOMReoludon CRT
SIGNED AND SEALED this March 8.2022.
r0.A J■ j. 4
01,r
(CITY SEAL)
GEORGETOWN PARKS AT WESTHAVEN: PLOMRmlution CRT
CITY OF GEORGETOWN TEXAS
RESOLUTION NO. 03082Z
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN,
TEXAS, APPROVING THE FORM AND AUTHORIZING THE DISTRIBUTION
OF A PRELIMINARY LIMITED OFFERING MEMORANDUM FOR "CITY OF
GEORGETOWN, TEXAS SPECIAL ASSESSMENT REVENUE BONDS, SERIES
2022 (PARKS AT WESTHAVEN PUBLIC IMPROVEMENT DISTRICT
PROJECT)"
WHEREAS, this City Council (the "Council") of the City of Georgetown, Texas
(the "City") has adopted a resolution authorizing the creation of the Parks at Westhaven
Public Improvement District (the "District"); and
WHEREAS, on March 9, 2021, the City Council adopted Ordinance No. 2021-17
approving a Construction, Financing and Reimbursement Agreement Parks at Westhaven
Public Improvement District by and between the City and Westinghouse77, LP, a Texas
Limited Partnership; and
WHEREAS, this Council intends to issue "City of Georgetown, Texas Special
Assessment Revenue Bonds, Series 2022 (Parks at Westhaven Public Improvement
District Project) (the 'Bonds"), to fund public improvements within the District; and
WHEREAS, there has been presented to this Council a Preliminary Limited
Offering Memorandum relating to the Bonds (the "Preliminary Limited Offering
Memorandum"); and
WHEREAS, this Council finds and determines that it is necessary and in the best
interests of the City to approve the form and content of the Preliminary Limited Offering
Memorandum and authorize the use of the Preliminary Limited Offering Memorandum in
the offering and sale of the Bonds by the Underwriter for the Bonds, FMSbonds, Inc.; and
WHEREAS, the Council finds that the passage of this Resolution is in the best
interest of the citizens of the City;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF GEORGETOWN, TEXAS:
SECTION 1: That all matters stated in the Recitals hereinabove are found to be
true and correct and are incorporated herein by reference as if copied in their entirety.
SECTION 2: That this Council hereby approves the form and content of the
Preliminary Limited Offering Memorandum and deems the Preliminary Limited Offering
Memorandum final, except for the omission of such information which is dependent upon
the final pricing of the Bonds for completion, all as permitted to be excluded by Section
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(b)(1) of Rule 15c2-12 under the Securities Exchange Act of 1934, with such changes,
addenda, supplements or amendments as may be approved by the City Manager,
Assistant City Manager or the Finance Director. The City hereby authorizes the
Preliminary Limited Offering Memorandum to be used by the Underwriter in connection
with the marketing and sale of the Bonds.
SECTION 3: If any portion of this Resolution shall, for any reason, be declared
invalid by any court of competent jurisdiction, such invalidity shall not affect the
remaining provisions hereof and the Council hereby determines that it would have
adopted this Resolution without the invalid provision.
SECTION 4: That this Resolution shall become effective from and after its date
of passage.
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PASSED AND APPROVED ON THIS 8TH DAY OF MARCH, 2022.
ATTEST:
ar
ity Manager
APPROVED AS TO FORM:
Skye Zsson,tCity Attorney
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