6/17/2010 6:28:15 PM
6/17/2010 6:28:15 PM
City of Clive
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3 r <br /> Member 6100 the ollowin <br /> Resolution amovs adoption. Member <br /> seconded the motion to adopt. The roll was ca e and t /vote <br /> was: <br /> AYES: J x.44 /tc..�� I, <br /> a <br /> NAYS: d[�..y i re <br /> Whereupon the declared the fol wing Resolution duly adop- <br /> ted: t yj <br /> RESOLUTION AUTHORIZING T E ISSUANCE OF <br /> GENERAL OBLIGATION BOND GRANT ANTICIPATION <br /> PROJECT NOTES <br /> Section 1. Definitions. (a) As used in this Resolution: <br /> (a) "Acquired" means acquisition by purchase, construction <br /> or by any other method. <br /> (b) "Additional Project Notes" means additional Project <br /> Notes issued as provided in Section 10 of this Resolution. <br /> (c) "City" or "Issuer" means the City of Clive, Iowa. <br /> (d) "Appropriated Funds" means the Grant Receipts and the <br /> Local Share Funds. <br /> (e) "Eligible Costs" means Project Costs that are eligible <br /> for reimbursement under the Grant Agreements, but not including <br /> the local share of the Eligible Cost. <br /> (f) "Expected Grant Receipts" means at any time the amount <br /> of Grant Receipts certified by the Engineer and authorized, <br /> expected to be received after that time and before the maturity <br /> of the Notes. <br /> (g) "Financial Officer" means the Treasurer of the City, or <br /> such other officers as the governing body may from time to time <br /> designate. <br /> (h) "Governing Body" means the City Council. <br /> 5 <br /> Ankh. Cooney, Dade% ""+e.. Smith MISS Iawen. Da Mona bw. <br />
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