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alit <br /> g. <br /> Council Member J// A0Led /ice introduced the <br /> following resolution entit1'. r. S•LU ION APPOINTING BANKERS <br /> TRUST COMPANY OF DES MOINES, IOWA, TO SERVE AS PAYING AGENT, <br /> NOTE REGISTRAR, AND TRANSFER AGENT, APPROVING THE PAYING AGENT <br /> AND NOTE REGISTRAR AND TRANSFER AGENT AGREEMENT AND AUTHORIZING <br /> THE EXECUTION OF THE AGREEMENT" Q 4hd naffed hat the resolution <br /> be adopted. Council Member 14) d (.L4Id pr seconded the <br /> motion. to adopt. he roll was ca e and the vote was, <br /> AYES: 1 i ,4f /Jyl 416 I 41ii n <br /> NAYS: 44! I d_i. 12 /1 .t,LL. 7 <br /> Whereupon, the Mayor declared the R lut o duly adopted <br /> as follows: /ale <br /> RESOLUTION APPOINTING BANKERS TRUST COMPANY OF DES <br /> MOINES, IOWA, TO SERVE AS PAYING AGENT, NOTE <br /> REGISTRAR, AND TRANSFER AGENT, APPROVING THE PAYING <br /> AGENT AND NOTE REGISTRAR AND TRANSFER AGENT AGREEMENT <br /> AND AUTHORIZING THE EXECUTION OF THE AGREEMENT <br /> WHEREAS, pursuant to the provisions of Chapter 75 of the <br /> Code of Iowa, $1,280,000.00 General Obligation Bond Grant <br /> Anticipation Project Notes, dated May 27, 1987, -have been sold <br /> at private sale and action should now be taken to provide for <br /> the maintenance of records, registration of certificates and <br /> payment of principal and interest in connection with the <br /> issuance of the Notes; 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 Notes; <br /> and <br /> WHEREAS, a Paying Agent and Note 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 /> r <br /> Section 1. That Bankers Trust Company of Des Moines, Iowa, <br /> is hereby appointed to serve as Paying Agent, Note Registrar, <br /> and Transfer Agent in connection with the issuance of <br /> '$1,280,000.00 General Obligation Bond Grant Anticipation <br /> Project Notes, dated May 27, 1987. <br /> 3 <br /> AAbe, Cooney, Donn* ""de 9NN A4bee lawyers. Dn Mobley. Iowa <br />