2022-09RESOLUTION NO.2022-9
COUNCIL MEMBER SCHANK INTRODUCED THE FOLLOWING RESOLUTION:
BE IT RESOLVED by the Mayor and Council of the City of Blair, Nebraska (the "City"), as
follows:
Section 1. The Mayor and Council of the City hereby find and determine that it is necessary
and appropriate to declare their official intent to issue tax-exempt bonds on behalf of the City and
in addition, the City's reasonable expectations to reimburse certain expenditures with the proceeds
of such bonds as proposed to be issued by the City in connection with the proposed project as
described below.
Section 2. This resolution shall stand as a statement of the City's official intent under
Regulation Section 1.150-2 of the regulations of the United States Treasury and for such purpose
the following information is hereby given:
A general functional description of the project for which expenditures may be made
and reimbursement from bond proceeds provided is as follows:
Certain engineering, land acquisition, natural gas line relocation, and construction
costs related to the construction of Blair Near South Bypass.
2. The maximum principal amount of dept expected to be issued for such project is
$8,000,000.
COUNCIL MEMBER JON STEWART MOVED THAT THE RESOLUTION BE ADOPTED AS
READ, WHICH SAID MOTION WAS SECONDED BY COUNCIL MEMBER MINDY RUMP.
UPON ROLL CALL, COUNCIL MEMBERS STEWART, SHEPARD, WILLIS, RUMP, HALL,
JENSEN AND SCHANK VOTING "AYE", AND COUNCIL MEMBERS NONE VOTING
"NAY", THE MAYOR DECLARED THE FOREGOING RESOLUTION PASSED AND
ADOPTED THIS 8TH DAY OF FEBRUARY, 2022.
CITY OF BLAIR, NEBRASKA
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RICHARD HANSEN, MAYOR
ATTEST:
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BRENDA WHEELER, CITY CLERK
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BRENDA 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 8th day of
February, 2022.
BRENDA WHEELER, CITY CL RK