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HomeMy WebLinkAbout2008-03-24-Resolutions 08-63_Bonds - GO Series 2008B - Appoint AgentRESOLUTION 08-63 RESOLUTION APPOINTING BANKERS TRUST COMPANY,NA OF DES MOINES,IOWA,TO SERVE AS PAYING AGENT,BOND REGISTRAR,AND TRANSFER AGENT,APPROVING THE PAYING AGENT AND BOND REGISTRAR AND TRANSFER AGENT AGREEMENT AND AUTHORIZING THE EXECUTION OF THE AGREEMENT WHEREAS,pursuant to the provisions of Chapter 75 of the Code ofIowa, $1,275,000 General Obligation Bonds,Series 2008B,dated April 8,2008,have been sold at public sale and action should now be taken to provide for the maintenance of records, registration of certificates and payment of principal and interest in connection with the issuance of the bonds;and WHEREAS,this Council has deemed that the services offered by Bankers Trust Company,N.A.of Des Moines,Iowa,are necessary for compliance with rules, regulations,and requirements goveming the registration,transfer and payment of registered bonds;and WHEREAS,a Paying Agent,Bond Registrar and Transfer Agent Agreement (hereafter "Agreement")has been prepared to be entered into between the City and Bankers Trust Company,N.A. NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF WAUKEE,IOWA: Section I.That Bankers Trust Company,N.A.of Des Moines,Iowa,is hereby appointed to serve as Paying Agent,Bond Registrar and Transfer Agent in connection with the issuance of$I,275,000 General Obligation Bonds,Series 2008B,dated April 8, 2008. Section 2.That the Agreement with Bankers Trust Company,N.A.of Des Moines,Iowa,is hereby approved and that the Mayor and Clerk are authorized to sign the Agreement on behalf of the City. PASSED AND APPROVED this 24th day of March,2008. -1- Attest: ROLL CALL VOTE AYE NAY ABSENT ABSTAIN Donald L.Bailey,JI.X Casey L.Harvey X C.Isaiah McGee X Darlene Stanton X Mike Watts X -2- I