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HomeMy WebLinkAbout92-09• RESOLUTION N0. 92-9 OF COUNCIL OF THE TOWN OF PULASKI, VIRGINIA WHEREAS, the Industrial Development Authority of Pulaski County (the "Authority") has approved the issuance of its $2,025,000 Medical Facility Mortgage Revenue Refunding Bonds (Medical Facilities of America, XIX-FHA Insured Project), Series 1992A and its $90,000 Medical Facility Mortgage Revenue Refunding Bonds (Medical Facilities of America, XIX-FHA Insured Project}, Series 1992B for the benefit of Medical Facilities of America XIX (19} Limited Partnership, A Virginia limited partnership (the "Partnership") which is the owner of a nursing home in the Town of Pulaski, Virginia. BE IT RESOLVED BY THE COUNCIL OF THE TOWN OF PULASKI, VIRGINIA 1. In accordance with Section 15.1-1378 of the Code of Virginia of 1950, as amended, the Council concurs with the resolutions adopted by the Authority on January 27, 1992 and on June 2, 1992, authorizing the issuance of the above described bonds and consents to the issuance of the Bonds by the Authority. • 2. This resolution shall take effect immediately upon its adoption and is hereby adopted this 2nd day of June, 1992, by the recorded vote of the Pulaski Town Council as follows: Charles D. Crispin - Aye Andrew L. Graham - A,~_ J. R. Schrader, Jr. - Aye W. H. Schrader, Jr. - Awe Mary Lou Copenhaver - Aye Alma H. Holston - Awe James M. Neblett - Absent Robert N. Glenn - A-ye Attest: .~ ~ .~a~~-~e Ru h A. Harrell Clerk of Council r ~_ ~; , <.. . TOW OF PULASKI, VIRGINIA Cf• Gary Hancock, Mayor ~~. ~