04-15-11-Resolution-Financing Cultural Education Facilities Finance Corp St Andrews Episcopal School-04/04/2011>> RESOLUTION ##R044n4l
A RESOLUTION ®F THE CITY COUNCIL OF THE CITY OF SANDER,
TEXAS
WHEREAS, the St, Andrew's Episcopal School wishes to secure tax exempt
financing for their upcoming project;
WHEREAS, the City of Sanger has established a Cultural Education Facilities
Finance Corporation to allow such non-profit entities to secure tax exempt financing;
WHEREAS, securing tax exempt financing does not create any financial
obligation for the City of Sanger;
ANGER, TEXAS s
That the City Council hereby approves financing by the Sanger Cultural Education
Facilities Finance Corporation for the benefit of St. Andrew's Episcopal School,
PASSED AND APPROVED by the City Council of the City of Sanger, Texas on this
the 4t 'day of April 2011.
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ATTEST:
Tami Taber
City Secretary
APPROVED:
Thomas Muir, Mayor