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• <br /> Council Member (, li..ii introduced the <br /> following resolution entitled "RESOLUTION APPOINTING BANKERS TRUST <br /> COMPANY OF DES MOINES, IOWA, TO SERVE AS PAYING AGENT, NOTE <br /> REGISTRAR, AND TRANSFER AGENT, APPROVING THE PAYING AGENT AND NOTE <br /> REGISTRAR AND TRANSFER AGENT AGREEMENT AND AUTHORIZING THE <br /> EXECUTION OF THE AGREEMENT" a d mqv d•t at the resolution be <br /> adopted. Council Member � la seconded the motion <br /> to adopt. The roll was call d and the to was, <br /> • <br /> AYES: <br /> "AlTMg814111454"11"4-.11"4 • <br /> NAYS: l.L 1�L�dR� • <br /> Whereupon, the Mayor declared the resol ion duly adopted as <br /> follows: bit Np 91�._� <br /> RESOLUTION APPOINTING BANKERS TRUST COMPANY OF DES <br /> MOINES, IOWA, TO SERVE AS PAYING AGENT, NOTE REGISTRAR, <br /> AND TRANSFER AGENT, APPROVING THE PAYING AGENT AND NOTE <br /> REGISTRAR AND TRANSFER AGENT AGREEMENT AND AUTHORIZING <br /> THE EXECUTION OF THE AGREEMENT <br /> WHEREAS, pursuant to the provisions of Chapter 75 of the Code <br /> of Iowa, $1,425,000 General Obligation Bond Anticipation Project <br /> Notes dated September 1, 1991, have been sold at private sale and <br /> action should now be taken to provide for the maintenance of <br /> records, registration of certificates and payment of principal and <br /> interest in connection with the issuance of the notes; and <br /> WHEREAS, this Council has deemed that the services offered by <br /> Bankers Trust Company of Des Moines, Iowa, are necessary for <br /> compliance with rules, regulations, and requirements governing the <br /> registration, transfer and payment of registered notes; and <br /> WHEREAS, a Paying Agent, Note Registrar and Transfer Agent <br /> Agreement (hereafter "Agreement ") has been prepared to be entered <br /> into between the City and Bankers Trust Company. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF CLIVE, <br /> IOWA: <br /> Section 1. That Bankers Trust Company of Des Moines, Iowa, <br /> is hereby appointed to serve as Paying Agent, Note Registrar and <br /> Transfer Agent in connection with the issuance of $1,425,000 <br /> General Obligation Bond Anticipation Project Notes dated <br /> September 1, 1991. <br /> -5- <br /> AHLERS, COONEY. DOR\i EILER. HAYNIE. SMITH S ALL BEE. <br /> ATTORNEYS AT LAW DES MOINES, IOWA <br />