HomeMy WebLinkAboutRES 85-391 RESOLUTION CONSENTING TO CAPITAL IMPROVEMENTS
AT ST. ELIZABETH HOSPITAL AND THE
ISSUANCE OF BONDS BY THE
HARRIS COUNTY HEALTH FACILITIES
DEVELOPMENT CORPORATION
TO REFINANCE SUCH IMPROVEMENTS
WHEREAS, St. Elizabeth Hospital (the "Hospital") ,
situated in the City of Beaumont, Texas , is owned and
operated by Sisters of Charity of the Incarnate Word,
Houston, Texas , a Texas non-profit corporation ("SCH") ; and
WHEREAS, SCH has previously financed certain capital
improvements to the Hospital, described in Exhibit "A"
attached hereto and made a part hereof (the "Prior
Project") ; and
WHEREAS, the Prior Project was financed in part with
the proceeds of Harris County Health Facilities Development
Corporation SCH Health Care System Revenue Bonds (Sisters of
Charity of the Incarnate Word, Houston, Texas) Series 1982A
(the "Series 1982A Bonds") which were refunded with, in
part, the proceeds of -the Harris County Health Facilities
Development Corporation SCH Health Care System Refunding
Revenue Bonds, Series 1984A (Sisters of Charity of the
Incarnate Word, Houston, Texas) (the "Series 1984A Bonds")
and in part with the proceeds of SCH Health Care System
Revenue Bonds (Sister of Charity of the Incarnate Word,
Houston, Texas) Series 1983A (the "Series 1983A Bonds") ; and
WHEREAS, the City of Beaumont consented to and approved
the issuance of the Outstanding Series 1982A Bonds by
Resolution dated June 1 , 1982 and consented and approved the
issuance of the Outstanding Series 1983A Bonds by Resolution
dated June 1 , 1982; and
WHEREAS, the Health Facilities Development Act, Article
1528j , Vernon' s Texas Civil Statutes (hereinafter, together
with any amendments, called the "Act") provides for the
creation by sponsoring entities of health facilities
development corporations with powers to provide, expand, and
improve health facilities; and
WHEREAS, the Act defines a "sponsoring entity" as any
city, county, or hospital district in Texas; and
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WHEREAS , Harris County, Texas is a sponsoring entity
pursuant to the Act and has established the Harris County
Health Facilities Development Corporation (the "Health
Facilities Corporation") pursuant to the Act; and
WHEREAS, the Health Facilities Corporation at its
August 26 , 1985 meeting, adopted a resolution agreeing -and
declaring its intention to issue its limited obligation
notes and/or bonds (the "Bonds") to provide all or a portion
of the amounts necessary to refinance the Prior Project by
refunding the Series 1983A Bonds and the Series 1984A Bonds
and to finance or refinance certain additional "health
facilities" , described in Exhibit "B" attached hereto and
made a part hereof (the "Project") ; and
WHEREAS , the Health Facilities Corporation may so act
with respect to the Hospital (a health facility outside the
limits of Harris County) only with the consent of every
other sponsoring entity within which the Hospital is
located; and
WHEREAS, the City of Beaumont, Texas, is a sponsoring
entity within which the Hospital is located and has been
requested to give its consent pursuant to the Act; and
WHEREAS , the action of the Health Facilities
Corporation with respect to the Hospital (including issuing
bonds to refinance the Prior Project by refunding the Series
1983A Bonds , the Series 1984A Bonds and to finance or
refinance the Project) will create no liability for the City,
of Beaumont, Texas, or its residents and is in the best
interests of the City of Beaumont, Texas , and its residents;
Therefore
BE IT RESOLVED, BY THE CITY COUNCIL OF BEAUMONT, TEXAS,
THAT:
1 . Consent is hereby given for the Prior Project and
the Project and the issuance of the Bonds by the Health
Facilities Corporation to refinance the Prior Project by
refunding the Series 1983A Bonds and the Series 1984A Bonds
and to finance or refinance the Project.
2 . We hereby ratify and extend (i) the consent given
for the Prior Project and the issuance of the Series 1982A
Bonds by that certain Resolution passed and approved by the
City Council of the City of Beaumont on June 1 , 1982 and
(ii) the consent given for the Prior Project and the
issuance of the Series 1983A Bonds by that certain
Resolution passed and approved by the City Council of the
City of Beaumont on June 1 , 1982 .
3 . This consent shall continue in force and effect
from the date hereof.
PASSED AND APPROVED this A-W day of , 1985.
Ma
ATTEST:
ity//Secretary
(Seal)
EXHIBIT, "A"
THE PRIOR PROJECT
The Prior Project at St. Elizabeth Hospital in
Beaumont, Texas, involved the acquisition and installation
of a CATScanner, construction of a new four-story East
Patient Tower, the addition of three floors to the existing
South Patient Tower, renovation of portions of the
presently-existing Main Hospital Building, and the comple-
tion of shelled-in space in the Main Hospital Building. The
total square footage affected is approximately 181 , 200
square feet. The East Patient Tower contains 32 critical
care unit beds , four labor/delivery rooms, a nursery
including 48 Level I and 20 Level II bassinets , and other
ancillary areas. The three floors added to the existing
South Patient Tower house 84 adults medical/surgical beds
and 33 obstetrical beds .
The St. Elizabeth Hospital project has provided three
ambulatory out-patient surgical suites , 42 telemetry-
monitored intermediate coronary care beds, a satellite
pharmacy for in-patient surgery and has expanded in-patient
surgical services including four major operating rooms . The
Prior Project increased the Hospital ' s licensed bed comple-
ment from 395 to 496 .
EXHIBIT "B"
THE PROJECT"
The Project at St. Elizabeth Hospital of Beaumont,
Texas, involves renovations to St. Elizabeth' s existing
facilities, the acquisition and installation of equipment,
and the construction and equipping of two new operating
rooms , a day surgery room, a linear accelerator room and a
rehabilitation unit. The projected cost of the construction
is $2 , 200 , 000 and of the renovations is $2,053 , 600. The
plan for the renovations includes renovations to various
nursing units , patient floors, respiratory and physical
therapy and the pharmacy. Several of the items of equipment
included in the Project are a mobile image intensifier, two
chemistry analyzers , a CATScanner and a magnetic resonance
imager for a total projected cost of $6 , 432 , 300 . The
proceeds from the Bonds will also be used to finance the
1987 capital budget of St. Elizabeth Hospital which will not
exceed $6 , 000 ,000 .
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