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HomeMy WebLinkAbout2012-05-21-Resolutions 12-118_Bonds - GO Series 2012B - Appoint AgentRESOLUTION 12-118 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 ofthe Code ofIowa, $4,220,000 General Obligation Refunding Bonds,Series 2012B,dated June 14,2012, 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 IOWA: 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 $4,220,000 General Obligation Refunding Bonds,Series 2012B,dated June 14,2012. 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 21 st day of May,2012. ATTEST: Interim Ci~Administrator ROLL CALL VOTE Shane Blanchard Dan Dutcher Casey L.Harvey Shelly Hughes Mike Watts AYE X NAY ABSENT ABSTAIN X X X X