EXECUTIVE ORDER
BY THE
Governor of the State of Texas
THE STATE OF TEXAS
EXECUTIVE DEPARTMENT
OFFICE OF THE GOVERNOR
AUSTIN, TEXAS
AWR 92-9
AUTIIORIZING THE GOVERNOR'S CIDEF OF STAFF OR IDS DESIGNEE
TO APPROVE AND ARRANGE FOR FINANCING OF EQUIPMENT LEASE OR PURCHASE
AND TO SUBMIT MASTER LEASE AGREEMENT Rl':QUFSrS FOR FINANCING
TO THE TEXAS PUBLIC FINANCE AUTIIORITY
WHEREAS, the Texas Public Finance Authority ("the Authority") is authorized to
issue revenue bonds or other obligations for the purpose of financing of a lease or other
agreement with respect to equipment purchased, leased, or intended to be purchased or leased
by a state agency pursuant to Tex. Rev. Civ. Stat., art 601d, as amended and Tex. Rev. Civ.
Stat., art. 717q, as amended ("717q") (jointly the "Authorizing Law");
WHEREAS, the Office of the Governor intends to request the Authority from time to
time to issue bonds or other obligations to finance or refinance equipment in an aggregate
amount not exceeding $300,000 during the 1992-93 biennium (the "Biennium"); and
WHEREAS, the Office of the Governor now desires to approve and authorize the
financing or refinancing of the equipment and to authorize the Chief of Staff or his designee
to submit requests for financing to the Authority from time to time to issue its bonds or other
obligations to finance or refinance equipment and take such other actions related thereto;
NOW THEREFORE, I, Ann W. Richards, Governor of the State of Texas, under the
authority vested in me, do hereby order as follows:
1. The purchase or lease of equipment has been duly authorized by law and is
required or suitable for the public purposes mandated by law and the financing or refinancing
thereof is appropriate.
2. Paul J. Williams, Chief of Staff to the Governor, or his designee(s), is hereby
authorized and directed to submit requests from time to timl~ to the Authority to issue bonds
or other obligations, in an aggregate amount not exceeding $300,000 during the Biennium, for
and on behalf of the Agency for the purpose of financing or refinancing the purchase or lease
of equipment in accordance with the Authorizing Law.
3. The Chief of Staff, or his designee(s), is hereby further authorized to approve,
execute, and deliver the Master Lease Agreement Requests for Financing, and other such
instruments, including but not limited to the financing documents required by the Authority's
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rules, and to take such other actions as are necessary and appropriate in connection with the
issuance, sale, or delivery of the bonds or other obligations.
This Executive Order shall be effective immediately and shall remain in full force and
effect until modified, amended, or rescinded by me.
Given under my hand this the .. _
30th day of September, 1992.
ANNW. RIeRA
Governor of Texas
SEAL OF STATE OF TEXAS
ALED IN THE OFFICE OF THE
SECRET~RY OF STATE
SEP 3 01992
Secretary of State