7/25/2011 8:26:02 AM
7/25/2011 8:26:01 AM
City of Clive
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• • <br /> Council Member <br /> t !J f . , .fdu _. introduced the <br /> following Resolution entitled ', RESOLUTION AUTHORIZING THE <br /> REDEMPTION OF OUTSTANDING PUBLIC IMPROVEMENT BONDS OF THE CITY OF <br /> CLIVE, IOWA, DATED AUGUST 1, 1987, AND DIRECTING NOTICE BE GIVEN <br /> OFZE / S MN and moved its adoption. Council Member <br /> seconded the motion to adopt. The roll was <br /> called and the vote was, <br /> 1 � <br /> AYES: IL.. . C 11.4 �. r i. !� I_! 4_ 4 I. ...fia• <br /> L,�[lol (�►d �� C W. J ) � 5( J P/04 J . <br /> NAYS: P. / <br /> S. lilt_ I I <br /> Whereupon, the Mayor declared the resolution duly adopted as <br /> follows: <br /> fle o ( an R) . 9/ - 161 <br /> RESOLUTION AUTHORIZING THE REDEMPTION OF <br /> OUTSTANDING PUBLIC IMPROVEMENT BONDS OF <br /> THE CITY OF CLIVE, IOWA, DATED AUGUST 1, <br /> 1987, AND DIRECTING NOTICE BE GIVEN OF <br /> THE SAME <br /> WHEREAS, the City of Clive, Iowa, did by resolution dated <br /> August 6, 1987, authorize the issuance of $290,000 of Public <br /> Improvement Bonds dated August 1, 1987, in the denomination of <br /> $5,000 each, and numbered 1 to 58, inclusive; and <br /> WHEREAS, the Bonds are redeemable in the numerical order of <br /> their numbering on or within 45 days after December 1, 1987 or any <br /> date thereafter upon giving ten day's notice of redemption by <br /> registered mail to the registered owners of the Bonds; and <br /> WHEREAS, it is deemed necessary and advisable that a portion <br /> of the Bonds be so redeemed and notice of redemption be given. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br /> CITY OF CLIVE, IOWA: <br /> Section 1. That outstanding Public Improvement, nds of the <br /> City of Clive, Iowa, dated August 1, 1987, numbered to 40, in <br /> the denomination of $5,000 each, in the principal amount of <br /> $40,000, be and the same are hereby redeemed as of December 1, <br /> 1991. <br /> Section 2. The Clerk is hereby authorized and directed to <br /> notify the Registrar, Bankers Trust Company at Des Moines, Iowa, <br /> to cause Notice of Redemption of such Bonds for prior payment in <br /> - 2 - <br /> ,UILERS.GOONEY.DORICEILER. H :\YNIE,S\11'f f &ALLREE.P.C. <br /> ATTORNEYS AT LAW DES MOINES. IOWA <br />
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