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HomeMy WebLinkAbout2010-05-17-Resolutions 10-144_Bonds - GO Series 2010B - Appoint AgentRESOLUTION 10-144 RESOLUTION APPOINTING BANKERS TRUST COMPANY 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, $1,745,000 General Obligation Bonds,Series 20l0B,dated June 2,2010,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 of Des Moines,Iowa,are necessary for compliance with rules,regulations,and requirements governing 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. NOW,THEREFORE,BE IT RESOLVED BY THE CITY OF WAUKEE, STATE OF lOW A: Section 1.That Bankers Trust Company of Des Moines,Iowa,is hereby appointed to serve as Paying Agent,Bond Registrar and Transfer Agent in connection with the issuance of$1,745,000 General Obligation Bonds,Series 20l0B,dated June 2,2010. Section 2.That the Agreement with Bankers Trust Company 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 17th day of May,2010. ATTEST: ROLL CALL VOTE Shane Blanchard Dan Dutcher Casey L.Harvey Darlene Stanton Mike Watts AYE X X X X NAY ABSENT ABSTAIN X