HomeMy WebLinkAbout2008-12-01-Resolutions 08-263_Bonds - GO Series 2008C - Appoint AgentRESOLUTION 08-263
RESOLUTION APPOINTING BANKERS TRUST
COMPANY,N.A.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,pursuant to the provisions of Chapter 75 of the Code ofIowa,
$2,200,000 General Obligation Bonds,Series 2008C,dated December 15,2008,have
been sold at public sale 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,N.A.of Des Moines,Iowa,are necessary for compliance with rules,
regulations,and requirements goveming 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,N.A.
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF
WAUKEE,IOWA:
Section 1.That Bankers Trust Company,N.A.of Des Moines,Iowa,is hereby
appointed to serve as Paying Agent,Bond Registrar and Transfer Agent in connection
with the issuance of $2,200,000 General Obligation Bonds,Series 2008C,dated
December 15,2008.
Section 2.That the Agreement with Bankers Trust Company,N.A.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 1st day of December,2008.
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Attest:
AYE
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NAY
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ABSENT ABSTAIN