HomeMy WebLinkAbout2015-03-02-Resolutions 15-065_Bonds - Natural Gas Revenue Refunding Series 2015 - Appoint AgentRESOLUTION 15-065
RESOLUTION APPOINTING BANIWRS TRUST COMPANY
OF DES MOINES,IOWA,TO SERVE AS PAYING AGENT,
NOTE REGISTRAR,AND TRANSFER AGENT,APPROVlNG
THE PAYING AGENT AND NOTE REGISTRAR AND
TRANSFER AGENT AGREEMENT AND AUTHORIZING
THE EXECUTION OF THE AGREEMENT
WHEREAS,$2,632,000 Natural Gas Utility Revenue Refunding Capital Loan Notes,
Series 2015,dated March 18,2015,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 WAUIWE,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
$2,632,000 Natural Gas Utility Revenue Refunding Capital Loan Notes,Series 2015,dated
March 18,2015.
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 tins 2"day of March,2015.
ayol
ATTEST:
City Clerk
ROLL CALL VOTE
Shane Dlanchard
Brian Harrison
Casey L.Harvey
Shelly Hughes
Rick Peterson
AYK
X
X
X
X
X
NA.Y ABSENT ABSTAIN