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HomeMy WebLinkAbout2013-02-19-Resolutions 13-036_Bonds - Sewer Revenue CLN Series 2013A - Appoint AgentRESOLUTION 13-036 RESOLUTION APPOINTING BANKERS TRUST COMPANY OF DES MOINES,IOWA,TO SERVE AS PAYING AGENT, NOTE REGISTRAR,AND TRANSFER AGENT,APPROVING THE PAYING AGENT AND NOTE REGISTRAR AND TRANSFER AGENT AGREEMENT AND AUTHORIZING THE EXECUTION OF THE AGREEMENT WHEREAS,$1,185,000 Sewer Revenue Capital Loan Notes,Series 2013A,dated March 1,2013,have been sold 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 notes;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 notes;and WHEREAS,a Paying Agent,Note 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 COUNCIL OF 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,Note Registrar and Transfer Agent in connection with the issuance of$1,185,000 Sewer Revenue Capital Loan Notes,Series 2013A,dated March 1,2013. 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 19th day of February,2013. ATTEST: City Clerk ROLL CALL VOTE Shane Blanchard Dan Dutcher Casey L.Harvey Shelly Hughes Mike Watts AYE X X X X NAY ABSENT X ABSTAIN