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The Council then considered the proposed action and the <br /> extent of objections thereto. <br /> Whereupon, Council Member introduced and <br /> delivered to the Clerk the Resolut on hereinafter 'set out <br /> entitled "RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL <br /> ACTION FOR THE ISSUANCE OF $1,050,000.00 GENERAL OBLIGATION <br /> BONDS and moved: <br /> that the Resolution be adopted. <br /> 0 to ADJOURN and defer action on the Resolution and the <br /> proposal to institute proceedings for the issuance of <br /> bonds to the meeting to be held at o'clock <br /> .M. on the day of 1987, at <br /> Ms place. n <br /> Council Member �l1LMDY.I seconded the motion. <br /> The roll was called and the vote was, 1 AYES: t <i %i!_uA iu� i <br /> twi A .cam i.-4 /g. <br /> NAYS: I__dJ) t, i 'g ..t.,/ 4 <br /> Whereupon, the Mayor declared the measure du y adopted. <br /> `j <br /> RESOLUTION INSTITUTING PROCEEDINGS TO G G <br /> TAKE ADDITIONAL ACTION FOR THE ISSUANCE <br /> OF $1,050,000.00 GENERAL OBLIGATION BONDS <br /> WHEREAS, pursuant to notice published as required by law, <br /> this Council has held.a public meeting and hearing upon the <br /> proposal to institute proceedings for the issuance of <br /> $1,050,000.00 General Obligation Bonds for the essential cor- <br /> porate purpose of paying costs of construction of improvements <br /> and extensions to the Municipal Sanitary Sewer System of said <br /> City under the Des Moines, Iowa, Integrated Community Area <br /> Third Phase Financing Plan and Agreement, and has considered <br /> the extent of objections received from residents or property <br /> owners as to said proposed issuance of Bonds; and, accordingly <br /> the following action is now considered to be in the best <br /> interests of the City and residents thereof: <br /> 3 <br /> .w.... Dawn Doman w„:e Smith 5 as laws.". Des Maims. <br />