ORDINANCE NO. 2022-01 Series 2020-A Bond Proceeds Agreement
ORDINANCE NO. 2022-01
AN ORDINANCE TO APPROVE A SERIES 2020-A BOND PROCEEDS AGREEMENT AMONG THE HEALTHCARE AUTHORITY OF HALEYVILLE AND WINSTON COUNTY, ALABAMA, WINSTON COUNTY, ALABAMA, AND THE CITY OF HALEYVILLE, ALABAMA
BE IT ORDAINED by the City Council of the City of Haleyville, Alabama (the “City Council”), as governing body of the City of Haleyville, Alabama (the “City”), that the City, having reviewed the Series 2020-A Bond Proceeds Agreement (the “Agreement”), by the City and The Health Care Authority of Haleyville and Winston County, Alabama (the “Authority”), and Winston County, Alabama, as presented to the City, hereby: (a) approves, authorizes and confirms the representations of fact, agreements and obligations of the City in, and the terms and provisions of, the Agreement; (b) authorizes and directs the officers of the City to (i) execute, under seal, and deliver the Agreement in form and of content as presented to the City with such changes (by addition or deletion) as shall not create an additional, or extend or increase any present, obligation of the City under the Agreement and as such officers shall approve by execution and delivery thereof, and (ii) take such action, and execute and deliver such certificates and documents, at such times and in such form and manner, as shall be required by applicable law, legal counsel to the City, or otherwise necessary, to establish the validity, or effect the purposes, of the Agreement; (c) repeal the provisions of any resolution, order, or ordinance of the City to the extent any thereof are inconsistent or in conflict with the terms and purposes of this Resolution; and (d) provide this Resolution is effective immediately.
After said Ordinance had been discussed and considered in full by the Council, it was moved by Councilmember _____________ that the Ordinance be now placed upon its final passage and adopted. The motion was seconded by Councilmember _____________. The question being put as to the adoption of said motion and the final passage and adoption of the Ordinance, the roll was called with the following results:
Ayes: Ken Sunseri, Mayor
Julie “Boo” Brooks
Dr. Ray Boshell
The Mayor thereupon declared said motion carried and the Ordinance passed and adopted as introduced and read.