HomeMy WebLinkAbout2004-01-05-Resolutions 04-11_Bonds - Loan Agr - Waterworks - Additional ActionRESOLUTION NO.04-11
Taking additional action to enter into a Loan Agreement
WHEREAS,pursuant to the provisions of Section 384.24A of the Code of Iowa,
the City of Waukee,in the County of Dallas,State ofIowa (hereinafter referred to as the
"City")has heretofore proposed to contract indebtedness and enter into a loan agreement
(the "Loan Agreement")in the principal amount of $1,090,000,for the purpose of paying
the cost,to that extent,of the construction,reconstruction,improvement,extension and
equipping of the Municipal Waterworks System of the City,and has published notice of
the proposed action and has held a hearing thereon;
NOW,THEREFORE,It Is Resolved by the City Council of the City of Waukee,
Iowa,as follows:
Section 1.The Council hereby determines to enter into the Loan Agreement
in the future and declares that this resolution constitutes the "additional action"required
by Section 384.24A of the Code ofIowa.
Section 2.All resolutions and orders or parts thereof in conflict with the
provisions of this resolution,to the extent of such conflict,are hereby repealed.
Section 3.This resolution shall be in full force and effect immediately upon
its adoption and approval,as provided by law.
Passed and approved January 5,2004.
Mark 1.Arentsen,
Administrator/Cler
ROLL CALL VOTE
Nicholas C.Gruber
Donald L.Bailey,JI.
Bill Peard
Darlene Stanton
JeffV.Mertz
AYE
X
X
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X
NAY ABSENT