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1 r (maw/74'1 metef <br /> Member fi 1,4 _2, C M.,.' j introduced the ollowin <br /> Resolution an• moved i s a•option. Member 4,'z 1 <br /> seconded the motion to adopt. The roll was ca led and the vote <br /> was: <br /> AYES: Ad. '4 Jct t //id <br /> fifiern <br /> NAYS: Ar /)L1 A/ <br /> Whereupon the Mayor declared the ollowing Resolution duly <br /> adopted: A91-91 <br /> RESOLUTION DIRECTING THE SALE AND �LP� <br /> DELIVERY OF $1,280,000.00 GENERAL <br /> OBLIGATION BOND GRANT ANTICIPATION <br /> PROJECT NOTES, SERIES 1987, FOR <br /> REPLACING PROJECT NOTES OF SAID CITY, <br /> DATED JUNE 15, 1986, ISSUED FOR THE <br /> PURPOSE OF PAYING COSTS OF CONSTRUCTING <br /> CERTAIN PERMANENT STREET IMPROVEMENTS <br /> IN SAID CITY, INCLUDING GRADING WORK; <br /> IMPROVEMENTS AND EXTENSIONS TO THE <br /> MUNICIPAL SANITARY AND STORM SEWER <br /> SYSTEMS OF SAID CITY; IMPROVEMENTS AND <br /> EXTENSIONS TO THE MUNICIPAL WATER UTILITY <br /> OF SAID CITY; AND IMPROVEMENTS AND ADDITIONS <br /> TO THE MUNICIPAL BRIDGE SYSTEM OF SAID CITY <br /> WHEREAS, the City Council of the City of Clive, Iowa, <br /> adopted on May 21, 1987, a resoluton entitled "RESOLUTION <br /> AUTHORIZING THE ISSUANCE OF $1,280,000.00 GENERAL OBLIGATION <br /> BOND GRANT ANTICIPATION PROJECT NOTES the proceeds of which <br /> will be used to pay costs of replacing Project Notes of said <br /> City, dated June 15, 1986, issued for the purpose of paying <br /> costs of constructing certain permanent street improvements in <br /> said City, including grading work; improvements and extensions <br /> to the Municipal Sanitary and Storm Sewer Systems of said City; <br /> improvements and extensions to the Municipal Water Utility of <br /> said City; and improvements and additions to the Municipal <br /> Bridge System of said City; and <br /> WHEREAS, it was provided in the Resolution authorizing the <br /> issuance of the General Obligation Bond Grant Anticipation <br /> Project Notes that they shall be dated and be in the denomina- <br /> tions as shall be determined by Resolution of this Governing <br /> 'Body, and shall be consecutively numbered from one; and <br /> 24 <br /> AIt. Cooney, Do,walei H.Yeie. Smith ANbe4 lawyer. Dee Moines. Iowa <br />