tiJ~~{ r r _....~ _. THE STATE OF TEXAS X COUNTY OF KERB X BE IT that there was begun and holden on the 11th day of April 1983, at 10:00 o'clock A. M., in the City of Kerrville, Texas, a Regular Term of the Commissioners' Court, with the following officers present: GORDON S. MORRISS County Judge FRED HOLLAND Commissioner Precinct No. 1 EDWARD D. HIGGINS Commissioner Precinct No. 2 VICTOR LICH Commissioner Precinct No. 3 BILLY JOE GUTHRIE, JR. Commissioner Precinct No. 4 and the Court having duly opened, the following proceedings were had: N0. 14997 ORDER DESIGNATING THE COUNTY DEPOSITORY On this the 11th day of April, 1983, came on to be heard the matter of designating the County Depository; and it appearing to the Court that the Bank of Kerrville has been previously selected as the County Depository for county funds for a two year period in i '' compliance with Article 2546, Vernon's Revised Civil Statutes, it is ordered on motion by ~~ Commissioner Higgins, seconded by Commissioner Holland, and unanimously approved by the ..-. Court that the Bank of Kerrville, Kerrville, Texas is designated as the official depository for county funds for the two year term as set out in applicable statutes. It is further ordered by the Court that the County Treasurer in~ediately transfer to said depository all the funds belonging to Kerr County, and further that all funds belonging to an district or other subdivision be transferrd to said de ositor ~ y p y; and thereafter, de osits be made to the credit of said count district or other subdivision ~ p y, pursuant to Article 2549, V.R.C.S. o-o-o-o-o-o-o-o-o-o (See Pages 305-306) N0. 14998 RESOLUTION APPROVING PROJECT WITH RESPECT TO KERR COUNTY INDUSTRIAL DEVELOPi•1ENT CORPORATION INDUSTRIAL DEVELOPMENT REVENUE BONDS (H. E. BUmT GROCERY COMPANY PROJECT) SERIES 1983 AND APPROVING AGREEMENT BY KERR COUNTY INDUSTRIAL DEVELOP- ' MENT CORPORATION TO ISSUE SUCH BONDS FOR H. E. BUTT GROCERY COMPANY WHEREAS, the Kerr County Industrial Development Corporation (the'Tssuer") was created by Kerr County, Texas (the "Unit") pursuant to the provisions of the Development Corporation Act of 1979, Article 5190.6, Vernon's Texas Civil Statutes, as amended (the "Act" and i ~ WHEREAS, pursuant to the Act, the Issuer, on behalf of the Unit, is empowered to issue bonds for the purpose of defraying the cost of any "project" defined as such by the Act; WHEREAS, the Act defines "project" to include land, buildings, equipment, facili- 1 ties, and improvements that are (i) located in a federally designated econonically depress- ed county of less than. 50,000 persons according to the last federal decennial census, and (ii) found by the board of directors of the Issuer to be required or suitable for the pro- !i motion of commercial development and expansion and in furtherance of the public purposes of the Act, or for use by commercial enterprises; WHEREAS, the Unit has been designated as a economically distressed county by the Economic Development Administration, a federal agency; and the Unit has less than 50,000 persons according to the last decennial census; WHEREAS, H. E. Butt Grocery Company, H. E. Butt Store Property Company No. One, H. E. Butt Store Property Company No. Two, and/or H. E. Butt Store Property No. Three (the "User") has requested the Issuer to finance the cost of a project (the "Project") consisting !~ of certain land, buildings, equipment, facilities, and improvements within the boundaries i of the Eligible Blighted Area; ~~ - - ..~.