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7 <br /> -1 <br /> Council Member �R Ji o.A t ll7 *ufluj introduced the <br /> following Resolution entitled "RES LUTION APPOINTING <br /> BANKERS TRUST COMPANY OF DES MOINES, IOWA, TO SERVE AS PAYING <br /> AGENT, BOND REGISTRAR, AND TRANSFER AGENT, APPROVING THE PAYING <br /> AGENT AND BOND REGISTRAR AND TRANSFER AGENT AGREEMENT AND <br /> AUTHORIZING THE EXECUTION OF THE AGREEMENTJ, a mov that the <br /> Resolution be adopted. Council Member I.n 04v <br /> seconded the motion to adopt. The roll Iv as c le and he vote <br /> was, AnAp <br /> AYES: R4OAI }M.Ih(O AM/ 4 4.n f <br /> NAYS: 17.41r14 0 6X.(.1AL(t .ir.1eLn alt <br /> lto <br /> Whereupon, the Mayor declared the Res ution duly adopted <br /> as follows: 3 <br /> RESOLUTION APPOINTING BANKERS TRUST COMPANY <br /> OF DES MOINES, IOWA, TO SERVE AS PAYING AGENT, <br /> BOND REGISTRAR, ANI6 TRANSFER AGENT, APPROVING THE <br /> PAYING AGENT AND BOND REGISTRAR AND TRANSFER AGENT <br /> AGREEMENT AND AUTHORIZING THE EXECUTION OF THE <br /> AGREEMENT <br /> WHEREAS, pursuant to the provisions of Chapter 75 of the <br /> Code of Iowa, $1,050,000.00 General Obligation Bonds dated <br /> April 1,,1987, have been sold at public sale and action should <br /> now be taken to provide for the maintenance of records, <br /> registration of certificates and payment of principal and <br /> interest in connection with the issuance of the Bonds; and <br /> WHEREAS, this Council has deemed that the services offered <br /> by Bankers Trust Company of Des Moines, Iowa, are necessary for <br /> compliance with rules, regulations, and requirements governing <br /> the registration, transfer and payment of registered Bonds; <br /> and <br /> WHEREAS, a Paying Agent and Bond Registrar and Transfer <br /> Agent Agreement (hereafter "Agreement has been prepared to be <br /> entered into between the City and Bankers Trust Company: <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br /> CITY OF CLIVE, IOWA: <br /> 4 <br /> A re Mta Coa"r. Domeilet Hefrat Smith 4*.., lanen, Dee Melees, loee <br />