HomeMy WebLinkAbout2018-06-04-Resolutions 18-219_Bonds - Water Revenue Series 2018B - Appoint AgentRESOLUTION 18-219
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,$3,410,000 Water Revenue Bonds,Series 2018B,dated June 19,2018,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 bonds;
aild
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 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,Bond Registrar and Transfer Agent in connection with the issuance of
$3,410,000 Water Revenue Bonds,Series 2018B,dated June 19,2018.
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 4'day of June,2018.
or Pro Tem
ATTEST:
City Clerk
RESULTS OF VOTE:
Anna Bergman
R.Charles Bottenberg
Courtney Clarke
Shelly Hughes
Larry R.Lyon
AYE
X
X
X
X
X
NAY ABSENT ABSTAIN