2017-19RESOLUTION NO. 2017 - 19
COUNCIL MEMBER HANSEN INTRODUCED THE FOLLOWING RESOLUTION:
A RESOLUTION CALLING FOR PAYMENT AND REDEMPTION OF GENERAL
OBLIGATION REFUNDING BONDS, SERIES 2011, 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 bonds, in accordance with their option provisions, are hereby
called for payment on May 2, 2017, after which date interest on the bonds will cease:
General Obligation Refunding Bonds, Series 2011, of the City of Blair, Nebraska, date of
original issue — November 15, 2011, in the total outstanding principal amount of
$1,865,000, 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
Amount of
Interest Rate
September 15 of Year
Principal Maturing
Per Annum
CUSIP
2017
$160,000
1.60%
093005 JQO
2018
175,000
1.85
093005 JR8
2019
175,000
2.15
093005 JS6
2020
155,000
2.40
093005 JT4
2021
160,000
2.55
093005 JU1
2022
165,000
2.70
093005 JV9
2023
165,000
2.90
093005 JW7
2024
170,000
3.10
093005 JX5
2025
175,000
3.30
093005 JY3
2026
180,000
3.45
093005 JZO
2027
185,000
3.60
093005 KA3
Said bonds are hereinafter referred to as the "Refunded Bonds."
Section 2. The Refunded Bonds 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 notice to 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 Tiust 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-
JAMES REALPH, MAYOR
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
Cleric 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`