Resolution 1989-217
AUGUST 29. 1989
RESOLUTION NO. 89-217
RESOLUTION APPROVING THE ISSUANCE BY THE CITY OF
NAPLES OF ITS CITY OF NAPLES, FLORIDA, HOSPITAL
REVENUE BONDS (NAPLES COMMUNITY HOSPITAL, INC.,
PROJECT) IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO
EXCEED $35,000,000 FOR THE PURPOSE OF FINANCING A
CAPITAL PROJECT FOR NAPLES COMMUNITY HOSPITAL,
INC. , APPROVING THE PLAN OF FINANCING UNDER lIHICH
SUCH BONDS ARE TO BE ISSUED AND APPROVING THE
LOCATIONS AND NATURE OF THE PROJECT; PROVIDING FOR
SEVERABILITY, CONFLICTS AND PROVIDING AN EFFECTIVE
DATE.
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
COLLIER COUNTY, FLORIDA, that:
SECTION ONE: Authority
adopted pursuant to the
Florida Statutes.
tor this Resolution. This Resolution is
provisions ot Section 125.01(1) (z),
SECTION TWO: Findings.
determined that:
(1) In order that its bonds, hereinafter described, may me.t
the requirements of Section 147(t) of the Internal
Revenue Code of 1986, the city of Naples has requested
the Board of County Commissioners to approve issuance by
the City ot Naplss ot its City ot lTaples, Florida,
Hospital Revenue Bonds (Naples Community Hospital, Inc.,
project) in an aggregate principal amount not to exceed
$35,000,000 (the "Bonds") tor the purpose of loaning the
proceeds of such Bonds to Naples Community Hospital,
Inc. (The "Hospital"), to be used to finance a health
care facilities capital project (the "Project")
consisting of: (A) the construction of a 50 bed qeneral
acute care hospital of approximately 72,000 square teet
to be located in an unincorporated area of Collier
County at 1501 Immokalee Road, Naple., Florida, and the
acquisition and installation of furniture, furniShings
and equipment to be located at such address, and (B) the
construction of a medical education building of
approximately 39,000 square teet to be located on the
Naples Community Hospital campus at 350 7th street,
North, Naples, Florida, and the acquisition and
installation at furniture, furnishings and equipment to
be located at said campus.
It is hereby found, ascertained and
(2) The Bonds are to be issued pursuant to the provisions of
Part II ot Chapter 159, Florida Statutes. The City has
by Ordinance, a copy of which has been provided to this
Board, approving the issuance of the Bonds, tha plan of
financing, the locations and nature of the Project and
has made tindings required by Part II ot Chapter 159,
Florida Statutes.
(3) The City of Naples has provided to this Board a copy of
the Notice ot a pUblic hearing which was hald on August
16, 1989, prior to the final adoption ot the ordinance
together with an extract of minutes relating to tha
pUblic hearing.
(4) It is desirable tor the Board to approve the i.suance of
the Bonds, the plan ot financing and the location and
nature ot the Project, pursuant to the provisions ot
Section 125.01(1) (z), Florida Statutes, and Section
147(t) ot the Internal Revenue Code ot 1986.
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00029
AUGUST 29. 1989
SECTION THREE: Applicable Elected Representative Approval. The
Board ot County CommissIoners, acting as the "applicable elected
representative" ot Collier County, Florida, hereby approve. the
i.nuance by the City of Napl.., FlorIda, of it. city ot Naple.,
Florida, Hospital Revenue Bonds (Napl.. Community Hospital, Inc.,
Project) in an aggregate principal amount not to exce.d
$35,000,000; it also approv.. the plan of financing under which
the proceeds of the Bonds shall be loaned to Napl.. community
Hospital, Inc., to finance the capital projec~ described in the
findings. The Board of county Commissioners also approves the
locations and nature of the Project described in the findings.
This approval is given pursuant to the authority described in
Section 1 hereof and is given solely in order to meet the
requirements of Section 147(f) of the Internal Revenue Code of
1986. The approval herein granted in no way obligates the County
in any manner tor the payment of the Bonds or debt service thereon
or in any other way shall be deemed to impose any liability or
Obligation upon the County or any of its officials or employees in
connection with the sale and issuance of the Bonds by the City of
Naples. Further, the approval herein is not intended to qrant and
does not grant any vested rights or special consideration
regarding comprehensive plan, zoning, building or other land use
matters.
SECTIon FOUR: Severability. In case any section or proviaion ot
this resolution, or any covenant, agreement, stipUlation,
obligation, act or action, or part thereot, made, a.sumed, entered
into or taken un~er this resolution, or any application thereat,
is held to be illegal or invalid tor any reason, or is inoperable
at any time, that illegality, invalidity or inoperability shall
not affect the remainder thereot or any other section or provision
of this resolution all of which shall be construed and enforced at
the time as It the Illegal, invalid or inoperable portion were not
contained therein. Any illegality, invalidity or inoperability
shall not affect any legal, valid or operable ..ction, provi.ion,
covenant, agreement, stipUlation, Obligation, act, action, part or
application, all of which shall be deemed to be efleetive,
operative, made, assumed, entered into or taken in the manner and
to the tull extent permitted by law trom time to time.
SECTION FIVE: contlict.. All ordinances and resolutions or parts
thereof in conflict herewith are to the extent of such conflict
.uperseded and repealed.
SECTION SIX, Ettective Date. Thi. resolution .hall become
etfective immediately upon its adoption and enactment.
PASSED AND ADOPTED this07~ day ot Augu.t, 1989.
Attest:
JAMES C. GILES,
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Clerk
BOARD OF COUNTY COMMISSIONERS
COLLIER COUNTY, FLORIDA
BY'~ ./~
;/~(S~DEIUl, Chairman'
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':, ;.~. Apprqired as to form
, rllilU' autticiency'
and
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Kenneth B. CU r
County Attorney
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00030