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HomeMy WebLinkAbout1990-363 ." 1 RESOLUTION NO. 9'o-~43 2 RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE EXECUTION OF A FIRST AMENDMENT TO PROJECT AGREEMENT AMONG THE 3 CITY OF SAN BERNARDINO; DOANE PRODUCTS COMPANY; FIRST INTERSTATE BANK OF TEXAS, N.A.; FIRST NATIONAL BANK AND TRUST COMPANY OF 4 JOPLIN; AND WELLS FARGO BANK, NATIONAL ASSOCIATION RELATING TO THE INDUSTRIAL DEVELOPMENT REVENUE NOTES OF 1982. 5 BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY 6 OF SAN BERNARDINO AS FOLLOWS: 7 SECTION 1. The Mayor is hereby authorized and directed to 8 execute on behalf of said City an Agreement among the CITY OF SAN 9 BERNARDINO; DOANE PRODUCTS COMPANY; FIRST INTERSTATE BANK OF 10 TEXAS, N.A.; FIRST NATIONAL BANK AND TRUST COMPANY OF JOPLIN; AND 11 WELLS FARGO BANK, NATIONAL ASSOCIATION, which agreement is 12 attached hereto, marked Exhibit" A", and incorporated herein by 13 reference as fully as though set forth at length. 14 SECTION 2. The authorization to execute the above- 15 referenced agreement is rescinded if the parties to the agreement 16 fail to execute it within sixty (60) days of the passage of this 17 resolution. 18 I HEREBY CERTIFY that the foregoing resolution was duly 19 adopted by the Mayor and Common Council of the City of San 22 / / / ,(!u4/U-l /I ftu;a4J meeting thereof, held on the oz<Jrk , i , 1990, by the fOllowing vote, to wit: 20 Bernardino at a 21 day of 23 / / / 24 / / / 25 / / / 26 / / / 27 / / / 28 / / / DAB:br[Indust.Res] July 30, 1990 1 . ' 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION: AUTHORIZATION TO EXECUTE FIRST AMENDMENT TO PROJECT AGREEMENT AMONG CITY OF SAN BERNARDINO; DOANE PRODUCTS CO.; FIRST INTERSTATE BANK OF TEXAS, FIRST NATIONAL BANK AND TRUST CO. OF JOPLIN; AND WELLS FARGO BANK. Council Members: ESTRADA REILLY FLORES MAUDSLEY MINOR POPE-LUDLAM MILLER of The foregoing 6~7 j, v , 1990. resolution is hereby approved this I ), Approved as to form and legal content: JAMES F. PENMAN, City Attorney ~~j DAB:br[Indust.Res] July 30, 1990 AYES NAYS ABSTAIN / / V" / V / ./ ~~ ~~(/J/>V-<Y- Cit Clerk y Z3.1't/ day <I /' ?4 -' /// /-'L//'----- ." Ma r PL'o Tern" t/ City of San Bernardino 2 ~ , " FIRST AMENDMENT TO PROJECT AGREEMENT *** This First Amendment dated as of June 1, 1990 (the "First Amendment") to the Project Agreement dated as of August 1, 1982 (the "Original Agreement"), is among THE CITY OF SAN BERNARDINO, CALIFORNIA, a municipal corporation organized and existing under the laws of the State of California and the City Charter of said City (the "City"), DOANE PRODUCTS COMPANY, duly formed and existing under the laws of the State of Missouri (the "company"), FIRST INTERSTATE BANK OF TEXAS, N.A., a national banking association (the "Bank"), successor by merger to Allied Bank of Texas, FIRST NATIONAL BANK AND TRUST COMPANY OF JOPLIN, a national banking association (along with the Bank, sometimes hereinafter collectively referred to as the "Purchasers"), and WEI.l.S FARCOQ BANK, NATIOnAL .".iSOC'IATION.. _na~ienar'banldflg.- aoseeiation, as trustee (the "Trustee"). WIT N E SSE T H: WHEREAS, pursuant to the Original Agreement, the City issued its Industrial Development Revenue Notes of 1982, Doane Products Company Project (the "City Notes"), in the initial aggregate principal amount of $4,500,000; and WHEREAS, section 10.03 of the original Agreement provides that the Original Agreement may be amended by written agreement of the parties thereto on the terms and conditions set forth in the Original Agreement; and WHEREAS, the Company Original Agreement make Agreement; has requested that the parties to the certain amendments to the original NOW THEREFORE, in consideration of the premises and the mutual representations, covenants and agreements herein and in the Original Agreement, the parties hereto agree as follows: *** MANUFACTURERS HANOVER TRUST COMPANY OF CALIFORNIA, (as successor to WELLS FARGO BANK, N.A.) v '. ARTICLE I. DEFINITIONS All the words and terms defined in the Original Agreement and the City Notes and not otherwise defined in this First Amendment shall have the meanings in this First Amendment as are ascribed to them in the Original Agreement or in the City Notes, as the case may be. ARTICLE II. AMENDMENTS section 201. section 8.11 of the Original Agreement is amended by deleting subsections (a) and (b) thereof. section 202. This First Amendment shall supplement the' Original Agreement only as specifically provided herein. The parties hereto acknowledge and agree that, except as amended and supplemented by this First Amendment, the Original Agreement shall remain unchanged and in full force and effect in accordance with these terms. section 203. The parties hereto agree to execute such further documents, consents, amendments or other instruments as are deemed necessary to effect the amendments made by this First Amendment. ARTICLE III. MISCELLANEOUS section 301. This First Amendment may be executed in any number of counterparts, each of which shall be an original, however all of such counterparts shall together constitute one in the same instrument. section 302. This First Amendment shall in all respects be governed and construed in accordance with the laws of the State and the laws of the United state of America. section 303. This First Amendment shall become effective only upon its execution and delivery by each of the parties hereto, and until such time shall be of no force and effect. -2- .' IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to be executed in their respective names. By: Title: BERNARDINO, (the "Cit~") ATTEST: ") By: .1.A~ r!~' Title: ~ (~I 'r ) APPROVED AS TO FORNI AND LEGAL CONTENT. DOANE PRODUCTS COMPANY, a ~.Uieee1i]d corporation (the "Company") . By' id PA,6-Si t!AJ I By: C;;?4o ~ Title: VII!./i pAE.S,lJ~T - ,ciA//I-I\.J<ZE.. ATTEST: ~ . I C,, / / By:_ Q~ Title: 4'S'SISTt4NI SEcIC874/Z.-, FIRST INTERSTATE BANK OF TEXAS, N.A., a national banking association, successor by merger to Allied Bank of Texas (the "Bank") or the ("Purchaser" ) . BY:~ Tit TPA4. , -3- FIRST NATIONAL BANK AND TRUST COMPANY OF JOPLIN, a national banking association (the lIPurchasefj )} i?Lic{j l . {~ -\.11- vV' By: Title: WELLS FARCO BANK, NATIONAL .".SSOCIA'I'IOll, Ii national banXinq association (the ,~ MANUF CTURERS HANOVER TRUST COMPANY ALIF RNIA, AS SUCESSOR TO WELLS N.A. (the"Trustee") By: Titl By: Titl -4- . ACKNOWLEDGEMENT STATE OF CALIFORNIA ~ ~ COUNTY OF SRn RprnRrdino ~ On this 20th day of Angn"t , 1990, before me, a notary public duly commissioned, qualified and acting within and for the County and State aforesaid, appeared 1n person the within-namedJ;:tl'k Rp; l1y M::J)'nr Prn-'T'pm and R.Qrnpl Kr::l~npy f Mayor and City Clerk; respectively, of the city of Bernardino, California, to me personally known, who stated they were duly authorized in their respective capacities to execute the foregoing instrument for and in the name and on behalf of said City, and further stated and acknowledged that they had so signed, executed and delivered the foregoing instrument for the consideration, uses and purposes therein mentioned and set forth. IN TESTIMONY WHEREOF, I have hereunto set my hand in the. official seal this 11 j-h day of ~~pj-~mh~r____ , 199 \ ) . NOTAA' PU LI / (SEAL) My Commission Expires: '-ArMlrtf!pkJ ,;Yo It/Vd ;:J, F- .'~ 0'-'" v "~' -5- COUNTY OF JASPER ~ ~ ~ STATE OF MISSOURI On this 16 day of Ju1 v , 1990, before me, a notary public duly commissioned, qualified and acting within and for the County and State aforesaid, appeared in person the within-named R. Gene Hess and H~rh~rt T.. Tp~RPrp~lll X~~LLINANCE and _2R~~NT ,respectively, of Doane products, a Delaware corporation, to me personally known, who stated they were duly authorized in their respective capacities to execute the foregoing instrument for and in the name and on behalf of said corporation, and further stated and acknowledged that they had so signed, executed and delivered the foregoing instrument for the consideration, uses and purposes therein mentioned and set forth. IN TESTIMONY WHEREOF, I have hereunto set my hand in the official seal this 16th day of July , 1990. ~~ NOTARY PUB IC (SEAl,) 11y Commission Expires: 8'-14-93 \ -6- STATE OF 1;;Jt~ ~ COUNTY OF 'J-/dJlI'~ ~ , On this IiM day of ~ ,1990, before me, a notary public duly commissioned qualified and acting within and f<;>r ,the countY4'al1P S~at~11 .aforesaid, aPJ>.ear~d_ inll1~J;"son the W1 th1n-named _HlJYI. [, Vf ruJ!lii;) , ,a ':tXJ.1YI %.J.A1./L}. I.J- _,UtI of First Interstat Bank of Texas, N .A. , a natiorJa banking association, to me personally known, who stated he/she was duly authorized in his/her capacity to execute the foregoing instrument for and in the name and on behalf of said association, and further stated and acknowledged that he/she had so signed, executed and delivered the foregoing instrument for the consideration, uses and purposes therein mentioned and set forth. IN TESTIMONY WHEREOF, I have 4ereunto set my hand in the official seal this Itfh day of -1~~1 , 1990. . l.~"'~ KATHERINE D, LINDQUIST ~ - /1 ~ - ~. .)ti. Notar,Public,Slaleofrexa. tfl-JuA.lML f)J. W , ~t. M'COmm'....n Exp".. - -- ~., NOVEMBER 20, 1993 NOTARY PUB C (SEA My Commission Expires: 11- 2{)-13 -7- , STATE OF Missouri ~ ~ ~ COUNTY OF JaHner On this 18th day of Julv , 1990, before me, a notary public duly commissioned, qualified and acting within and for the County and State aforesaid, appeared in person the wi thin-named Ronald F. Gatz ,Senior Vice President of First National Bank and Trust Company of Joplin, to me personally known, who stated he~ was duly authorized in his~ capacity to execute the foregoing instrument for and in the name and on behalf of said association, and further stated and acknowledged that he/~ had so signed, executed and delivered the foregoing instrument for the consideration, uses and purposes therein mentioned and set forth. IN TESTIMONY WHEREOF, I have hereunto set my hand in the official seal this 18th day of Julv , 1990. -~ Cf 4A~ ~(d- . NO P Lt ( SEAL) Rose Mary Knaust. Notary Public State of Missouri. Jasper COunty My commission Expires: JotI~.,1 . .ExpIrea....7.1llll4 June 7 , 1994 -8- , .' I, STATE OF ~JO\"""/~ c::. ~ ~ COUNTY OF OA(l r:ly::Lfj On this ~ day of rlu.c~ ' 1990, before me, a notary public duly commissioned, qualified and acting within and for the Count and tate aforesaid, app~ed !D ~erson the wi in-named ' nd ;:::u1LJ1-cA l ' !d.J //}/CiIJ U ' respectively, o - known who tated they were duly uthorized in their respective capacities to execute the foregoing instrument for and in the name and on behalf of said association, and further stated and acknowledged that they had so signed, executed and delivered the foregoing instrument for the consideration, uses and purposes therein mentioned and set forth. IN TESTIMONY ~~OF, I hn her~to set my hand in official seal this .~ day of 1{~fd1 ' 1990. ~~ &.L0~j;J~k OT Y is LIC the . (SEAL) c:\wp\issuers\fitx\doane\laamdt1.doc OFFICIAL SEAL LISA M DOUCETTE NOTARY PUBLIC - CALIFORNIA SAN FRANCISCO COUNlY My comm. expires JUl 13, 1993 -9-