HomeMy WebLinkAbout2007-09-17-Resolutions 07-189_Bonds - GO Series 2007A - Appoint AgentRESOLUTION 07-189
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 AUTHORlZING THE EXECUTION
OF THE AGREEMENT
WHEREAS,pursuant to the provisions of Chapter 75 of the Code ofIowa,
$6,650,000 General Obligation Bonds,Series 2007A (Urban Renewal),dated October 10,
2007,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 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,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 $6,650,000 General Obligation Bonds,Series 2007 A (Urban
Renewal),dated October 10,2007.
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
sigu the Agreement on behalf of the City.
PASSED AND APPROVED this 17th day of September,2007.
ATTEST:
ROLL CALL VOTE
Donald L.Bailey,JI.
Isaiah McGee
Jeff Mertz
Darlene Stanton
Mike Watts
AYE
X
X
X
NAY ABSENT
X
X