HomeMy WebLinkAbout2016-09-06-Resolutions 16-377_Bonds - GO Refunding Series 2016B - Appoint AgentRESOLUTION 16-377
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,$1,720,000 General Obligation Refunding Bonds,Series 2016B,dated
September 20,2016,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;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 COUNCIL OF THE CITY
OF WAUKEE,STATE OF IOWA:
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
$1,720,000 General Obligation Refunding Bonds,Series 2016B,dated September 20,2016.
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 September,2016.
or
ATTEST:
City Clerk
ROLL CALL VOTE
Anna Bergman
Brian Harrison
Shelly Hughes
Larry R.Lyon
Rick Peterson
AYE
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NAY ABSENT ABSTAIN