HomeMy WebLinkAbout2015-07-06-Resolutions 15-205_Bonds - Water Revenue CLN Series 2015B - Appoint AgentRESOLUTION 15-205
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,$1,450,000 Water Revenue Capital Loan Notes,Series 2015B,dated
July 21,2015,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 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
$1,450,000 Water Revenue Capital Loan Notes,Series 2015B,dated July 21,2015.
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 this 6'"day of July,2015.
May r
ATTEST:
City Clerk
ROLL CALL VOTE
Shane Blanchard
Brian Harrison
Casey L.Harvey
Shelly Hughes
Rick Peterson
AYE
X
X
X
X
NAY ABSENT ABSTAIN