HomeMy WebLinkAbout2015-447-6/9/2015f
ITEMS TO INCLUDE ON AGENDA
CITY OF WATERLOO,IOWA
$12,455,000 General Obligation Bonds, Series 2015A
• Resolution Appointing 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.
• Resolution authorizing the issuance, and levying a tax to pay the Bonds; Approval of the
Tax Exemption Certificate, and Continuing Disclosure Certificate.
NOTICE MUST BE GIVEN PURSUANT TO IOWA CODE
CHAPTER 21 AND THE LOCAL RULES OF THE CITY
June 9, 2015
The City Council of the City of Waterloo, State of Iowa, met in special session, in the
Council Chambers, City Hall, 715 Mulberry Street, Waterloo, Iowa, at 4:30 P.M., on the above
date. There were present Mayor Ernest G. Clark,in the chair, and the following named Council
Members:
Jones, Lind, Morrissey, Welper, and Hart
Absent: Cole, Schmitt
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Council Member Hart introduced the following resolution entitled '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", and moved that the resolution
be adopted. Council Member Welper seconded the motion to adopt. The roll was called and the
vote was,
AYES: Jones, Lind, Morrissey, Welper, and Hart
NAYS:
Whereupon,the Mayor declared the resolution duly adopted as follows:
RESOLUTION NO. 2015-447
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, $12,455,000 General Obligation Bonds Series g , S ies 2015A, dated June 29, 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 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 WATERLOO, STATE OF IOWA:
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Section 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
$12,455,000 General Obligation Bonds, Series 2015A, dated June 29, 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 9th day of June, 2015.
Ernest G. Clark, Mayor
ATTEST:
Kelley Fell/
ell e Deputy City Clerk
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