2017-20RESOLUTION NO. 2017 - 20
COUNCIL MEMBER HANSEN INTRODUCED THE FOLLOWING RESOLUTION:
A RESOLUTION CALLING FOR PAYMENT AND REDEMPTION OF FLOOD
CONTROL BOND ANTICIPATION NOTES, SERIES 2015, OF THE CITY OF BLAIR,
NEBRASKA.
BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF BLAIR,
NEBRASKA, as follows:
Section 1. That the following notes, in accordance with their option provisions, are hereby
called for payment on May 2, 2017, after which date interest on the bonds will cease:
Flood Control Bond Anticipation Notes, Series 2015, of the City of Blair, Nebraska, date
of original issue — January 15, 2015, in the total outstanding principal amount of $400,000,
numbered as shown on the books of the Paying Agent and Registrar, in denomination of
$5,000 each, becoming due and bearing interest as follows:
Maturing on
December 15 of Year
2017
Amount of Interest Rate
Principal Maturing Per Annum
$400,000 1.00%
Said bonds are hereinafter referred to as the "Refunded Notes."
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Section 2. The Refunded Notes are to be paid off at the office of the Treasurer of the City
of Blair, Nebraska, as paying agent and registrar (the "Paying Agent").
Section 3. A true copy of this resolution shall be filed by the City Clerk with the Paying
Agent at least thirty (30) days prior to call date and the Paying Agent and Registrar is hereby
instructed to take appropriate action to mail—noticeto registered owners at least thirty (3 0) days prior
to the call date and to give notice in form and manner required by The Depository Trust Company.
COUNCIL MEMBER ANDERSEN MOVED THAT THE RESOLUTION BE ADOPTED AS
READ, WHICH SAID MOTION WAS SECONDED BY COUNCIL MEMBER JENSEN.
UPON ROLL CALL, COUNCIL MEMBERS VOTING "AYE" WILLIS, HANSEN,
ANDERSEN, HALL AND JENSEN. COUNCIL MEMBERS NONE VOTING "NAY", THE
MAYOR DECLARED THE FOREGOING RESOLUTION PASSED AND APPROVED THIS
28th DAY OF MARCH, 2017.
CITY OF BLAIR, NEBRASKA
BY
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J S REALPH, M YOk
ATTEST:
BRENDA R WHEELER, CITY CLERK
(SEAL)
STATE OF NEBRASKA )
) :ss:
WASHINGTON COUNTY )
BRENDA R. WHEELER hereby certifies that she is the duly appointed, qualified and acting City
Clerk of the City of Blair, Nebraska, and that the above and foregoing Resolution was passed and
adopted at a regular meeting of the Mayor and City Council of said city held on the 28th day of
March, 2017.
BRENDA R. WHEELER, CITY CLERK