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HomeMy WebLinkAbout2004-09-27-Resolutions 04-218_Bonds - Loan Agr - Additional ActionRESOLUTION NO.04-218 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 a principal amount not to exceed $515,000,for the purpose of paying the cost,to that extent,of constructing sanitary sewer improvements,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orders or parts thereof in conflict with the provisions of tins resolution,to the extent of such conflict,are hereby repealed.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 September 27,2004.J Attest: Mark J.Arentse,ity Administrator/cl rk ROLL CALL VOTE Nicholas C.Gruber Donald L.Bailey,JI. Bill Peard JeffY.Mertz Darlene Stanton AYE X X NAY ABSENT X X X