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2000L. ORDINANCE NO, 1896 AN ORDINANCE AMENDING ARTICLE 5 OF CHAPTER 4 OF THE OF THE MUNICIPAL CODE OF THE CITY OF BLA1R, NEBRASKA DEALING WITH NUISANCES AND LITTER, BY ADDING THERETO A DEFINITION OF STREAMS, CREEKS OR WATERCOURSES AND BY ADDING TO THE DEFINITION OF NUISANCES A NEW PROVISION PERTAINING TO THE DEPOSITING OR ALLOWING THE DEPOSITION OF MATERIALS WHICH TEND TO OBSTRUCT STREAMS, CREEKS OR WATERCOURSES; TO PROVIDE FOR NOTIFYING LANDOWNERS OF THE EXISTENCE OF SUCH OBSTRUCTION AND TO PROVIDE FOR ITS REMOVAL AT THE EXPENSE OF THE OWNERS OR PERSON IN CONTROL OF THE LAND CONTAINING OR PROVIDING THE SOURCE OF SUCH OBSTRUCTION; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH AND PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA, AS FOLLOWS: SECTION 1. That Article 5 of Chapter 4 of the Municipal Code of the City of Blair, Nebraska, entitled "Nuisances" is hereby amended by adding to said Article 5 a new Section 4- 501.01, which shall read as follows: "Sec. 4- 501.01 STREAMS, LITTER; SPECIFICALLY DEFINED For the purpose of this Article, the following words and phrases shall have the meanings respectively ascribed to them: Streams Streams shall include all streams, creeks or water courses within. the City of Blair, Nebraska, including, but not limited to, Cauble Creek and South Creek, including all of their branches and watercourses leading thereto, and specifically including the channel of the same. Streams are further defined as any depression or draw two feet below the surrounding lands and having a continuos outlet to a stream, creek, water course or river. Litter In addition to any other definition of litter contained in this Code, litter shall also include, for the purposes of this Article only, concrete, stone, gravel, crushed rock or stone, sand, dirt and similar earthen materials." SECTION 2. That Article 5 of Chapter 4 of the Municipal Code of the City of Blair, Nebraska, entitled "Nuisances" is hereby amended by adding to said Article 5 a new Section 4- 502.01, which shall read as follows: " Sec. 4- 502.01 NUISANCES; LITTER WITHIN STREAMS It shall be unlawful for any person who owns or is in control of any property to place or cause to be placed on his or her property, or any other property, or allow to remain on his or her property any litter within any stream as said terms are defined hereinabove; provided, however, that such act will not be unlawful if a specific written permit for such activity is obtained under any other provisions of the Municipal Code of the City of Blair, Nebraska, or from the appropriate regulatory agency of the United States Government; provided, however, a written permit from the appropriate governmental agency of the United States Government is an affirmative defense, and it shall be the burden of the person who owns, is in control of, places or causes to be placed or allowed to remain any litter within any stream to provide satisfactory evidence of such written permit. Nothing contained herein shall be construed as relieving any person from state or federal permit requirements." SECTION 3. That Article 5 of Chapter 4 of the Municipal Code of the City of Blair, Nebraska, entitled "Nuisances" is hereby amended by adding to said Article 5 a new Section 4- 503.01, which shall read as follows: " Sec. 4503.01 NUISANCES; ABATEMENT PROCEDURE Whenever the City Administrator, or his authorized representative, determines that any litter deposited or existing within a stream causes imminent danger to the public health, safety or welfare, particularly where such litter is determined to cause an obstruction to the channel, stream, watercourse, or flood way affected, then the City Administrator, or his designated agent, may remove such litter at the expense of the owner or person in control of the land on which such litter is found and the land immediately adjacent thereto, if such land was used as the source of such litter or as the place of access for the disposition of such litter. In cases where the City Administrator, or his designated agent, determines that such danger is less remote than imminent, he /she may notify, in writing, such owner or person in control of such land to remove the litter within a reasonable time period, not less than ten (10) days from notification. If the owner or person in control of such land fails or refuses to so remove the litter, the City Administrator, or his designated agent, may remove it at the expense of the owner or person in control of the land; provided, further, that the reasonable expense associated with the removal or abatement of such litter shall be levied, equalized and assessed as are other special assessments as provided by law. The remedy provided to the City for the removal or abatement of such litter and assessment of the cost thereof shall not be deemed the exclusive remedy to the City for such violations but all of said acts shall remain enforceable as other violations of this Code and the penalties described or applicable thereto may be applied in lieu of or in addition to the remedies provided herein." SECTION 4. All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 5. This ordinance shall be in full force and effect from and following the passage and publication hereof as required by law. PASSED AND APPROVED this 25th day of January, 2000. ATTEST: BRENDA TAYLOR, CITY CLERK (SEAL) STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) CITY OF BLAIR, NEBRASKA BRENDA R. TAYLOR 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 Ordinance was passed and approved at a regular meeting of the Mayor and City Council of said City held on the 25th day of January, 2000. BRENDA R TAYLOR, Cla CLERK ORDINANCE NO. 1897 AN ORDINANCE AMENDING SECTION 6 -333 OF THE MUNICIPAL CODE OF THE CITY OF BLAM NEBRASKA (ORDINANCE NO. 1488) BY ADDING UNLICENSED MOTOR VEHICLES OR RECREATIONAL EQUIPMENT, INCLUDING BUT NOT LD41TED TO, MOTORCYCLES, ALL TERRAIN VEHICLES, AUTOMOBILES, TRUCKS, BOATS AND TRAILERS TO THE DEFINITION OF JUNK, REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH, AND PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA, AS FOLLOWS: SECTION 1. Section 6.333 of Chapter 6 of the Municipal Code of the City of Blair, Nebraska is hereby amended in its entirety to read as follows: f "See. 6333 MISDEMEANORS; JUNK ACCUMULATIQI S It shall be unlawful for any property owner or lessee to allow an accumulation of junk on property that is located within the corporate limits. F r t Junk shall mean old scrap, copper, brass, iron, steel, rope, rags, batteries, paper, trash, rubber debris, waste, and motor vehicles or recreational equipment of any kind including, but not limited to, motorcycles, all terrain vehicles, automobiles, trucks, boats and trailers which are dismantled, unlicensed or unregistered in violation of Chapter 60, Article 3 R.R.S. Nebraska (as amended from time to time) abandoned, inoperable, or wrecked, or parts thereof wood, limbs, vegetation, and other old or scrap ferrous or nonferrous material. The City Administrator or the Chief of Police shall have the power to investigate all complaints of violations of this Section and if they find that such property owner or lessee has allowed such accumulation, they shall cause the property owner or lessee to be served with written notice directing hem to remove the g � accumulation of junk within five (5) days of the receipt of said notice. j f Any person Whng to remove said accumulation within five (5) days after receiving notice to do so, shall be deemed guilty of a misdemeanor and a conviction for violation of this section shall result in a fine for the first offense in any one f calendar year of the sum of fifty dollars ($50.00), for the second offense in any one calendar year the sum of one hundred dollars ($100.00), and for the third and subsequent offenses in any one calendar year the sum of one hundred fifty dollars j ($150.00), and the Court, as part of the judgment, shall order the owner to remove the accumulation of junk. Each day an accumulation of junk is permitted to exist shall be deemed a separate violation hereunder. In addition, an authorized agent of the Municipality may cause said junk or motor vehicles to be removed at the expense of j the owner or lessee, from the land whereon said junk or motor vehicles exist and the cost of such removal shall be levied, equalized, and assessed as are other special assessments." SECTION 2. All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 3. This ordinance shall be in full force and effect from and following the passage and publication hereof as required by law. PASSED AND APPROVED this 23rd day of May, 2000. CITY OF BLAIR, NEBRASKA ATTEST: w qmr n � WE r r (SEAL) ESTATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) BRENDA R. TAYLOR 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 Ordinance was passed and approved at a regular meeting of the Mayor and City Council of said City held on the 23 day of May, 2000. /. �, BRENDA R. TAYLOR, COVY CLERK ORDINANCE NO. 1898 AN ORDINANCE AMENDING SECTION 6-401 OF THE MUNICIPAL CODE OF THE CITY OF BLAIR, NEBRASKA (ORDINANCE NO. 1488) WHEREBY THE OFFENSES OF THE USE OF TOBACCO BY MINORS AND POSSESSION OF TOBACCO BY MINORS SHALL BE INCLUDED WITHIN THE VIOLATIONS ALLOWABLE UNDER THE VIOLATIONS BUREAU; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH, AND PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLA R NEBRASKA, AS FOLLOWS: SECTION 1. Section 6-401 of the Municipal Code of the City of Blair, Nebraska is hereby amended in its entirety to read as follows: "Sec. 6-401 VIOLATIONS BUREAU. A Violations Bureau for the City of Blair is hereby created pursuant to Section 18 -1729 R.R.S. Neb. for the purpose of collecting penalties for nuisance violations. Any person accused of a violation as established by Sections 6 -101 through 6 -120, inclusive, Sections 6 -201 through 6 -203, inclusive, Sections 6 -206 through 6 -20.8, inclusive, Sections 6 -319 through 6- 319.10, inclusive, Sections 6-320 through 6 -322, inclusive, Section 6 -325, Section 6- 326,Section 6 -328, Section 6 -333, Section 6 -339 and Section 6 -341 may, within ten (10) days after the issuance of a citation of the violation and before the appearance date thereon, dispose of the citation by appearing at the office of the City Clerk of the City of Blair and remitting full payment of the penalty assessed for the specific violation. Any person may plead not guilty to the citation and he or she may appear before the County Court of Washington County, Nebraska, on the .date and at the time specified on the citation. At the time of the commission of the alleged violation, the accused shall be served with printed notice informing the accused of his or her options in disposing of the citation as noted hereinabove. If the accused fails to appear at the office of the City Clerk of the City of Blair or before the County Court of Washington County, Nebraska, on or before the date specified on the citation, a warrant for his or her arrest shall be issued by the County Court of Washington County, Nebraska." SECTION 2. All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 3. This ordinance shall be in full force and effect from and following the passage and publication hereof as required by law. ATTEST: BRENDA R. TAYLOR, CLERK (SEAL) PASSED AND APPROVED this 25 day of April, 2000. STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) CITY OF BLAIR, NEBRASKA BY- L A. MINES, MAYOR BRENDA R. TAYLOR 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 Ordinance was passed and approved at a regular meeting of the Mayor and City Council of said City held on the 25th day of April, 2000. BRETIDA R. TAYLOR CLERK THIS ORDINANCE WAS DEFEATED ON APRIL 25, 2000 MEMBERS VOTING AYE: REEH, MCMANIGAL MEMBERS VOTING NAY: REALPH, ABBOTT, RYAN, FANOELE, SHOTWELL MEMBERS ABSTAINED: BOEKA ORDINANCE NO. 1899 AN ORDINANCE FANG THE COMPENSATION AND EMOLUMENTS FOR THE MAYOR AND MEMBERS OF THE CITY COUNCIL FOR THE CITY OF BLAIR, NEBRASKA; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH, AND PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT. BE IT ORDAINED BY THE MAYOR AND C1 COUNCIL OF THE CITY OF BLAIR, NEBRASKA, AS FOLLOWS: SECTION 1. That beginning December 12, 2000, members of the City Council of the City of Blair and members of the City Council whose terms begin on December 12, 2000, shall receive the compensation and emoluments set forth under Alternative No. 1 or Alternative No. 2 immediately hereinbelow: Alternative No. 1 - Members of the City Council shall receive a salary in the amount of One Thousand Dollars ($1,000.00) per year and in addition to such salary, all members of the City Council shall be entitled to receive, at no cost to them, full family coverage under the Group Health Insurance Policy sponsored under the City of Blair for all employees, and in addition thereto, such members of the City Council shall also be entitled to such dental /vision, life insurance and any other types of group insurance available through the City of Blair for all employees. Alternative No. 2 - Members of the City Council shall be entitled to a salary in the amount of Four Thousand Three Hundred Dollars ($4,300.00) per year. In addition to the annual salary, members ofthe City Council shall be entitled to purchase, at their cost, single or family coverage under the Group Health Insurance Policy sponsored by the City of Blair for all employees, and in addition thereto, members of the City Council shall be entitled to purchase, at their cost, such dental/vision, life insurance and any other types of group insurance available through the City of Blair for all employees. On or before December 12, 2000, members of City Council and City Council members whose terms commence on December 12, 2000, shall execute and deliver to the City Clerk of the City of Blair, their election of either Alternative No. 1 or Alternative No. 2; provided further, that should any City Council member not timely make such election, then they shall be deemed to be compensated under Alternative No. 2 hereinabove; provided further, that any election made or deemed to be made under this provision, shall be irrevocable. SECTION 2. That beginning on the first day of the full term for the City Council in December, 2002, any members of the City Council whose terms begin on or after such date shall receive the compensation set forth in Alternative No. 2 above. SECTION 3. The Mayor shall receive as compensation, beginning on the first day of the full term commencing in December, 2002, a salary in the amount of Five Thousand Eight Hundred Dollars ($5,800.00) per year. In addition to the above salary, the Mayor shall be entitled to purchase, at his/her cost, full family or single health insurance coverage under the existing health insurance policy sponsored by the City of Blair, Nebraska for all employees, and in addition thereto, shall be entitled to purchase such dental/vision and life insurance coverage available through the City of Blair Group Health Insurance Policy. SECTION 4. Members of the City Council and the Mayor shall be entitled to participate, at their cost, in the City of Blair Section 125 Flexible Benefit Plan. SECTION 5. Members of the City Council and the Mayor of the City of Blair shall be entitled to reimbursement for mileage or other out -of- pocket business or education expenses related to the affairs to the City of Blair. SECTION 6. It is recommended that the Mayor and City Council review the compensation and emoluments each four years in conjunction with the term of the Mayor. including, but not limited to, Ordinance No. , adopted on 200 and publication hereof as required by law. PASSED AND APPROVED this day of , 2000. CITY OF BLAIR, NEBRASKA By ATTEST: BRENDA R. TAYLOR, CITY CLERK (SEAL) SECTION 7. All ordinances or parts of ordinances in conflict herewith are hereby repealed, SECTION 8. This ordinance shall be in full force and effect from and following the passage STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) MICHAEL A. MINES, MAYOR BRENDA R TAYLOR 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 Ordinance was passed and approved at a regular meeting of the Mayor and City Council of said City held on the day of 2000. BRENDA R. TAYLOR, CITY CLERK AN ORDINANCE AMENDING SECTION 501 AGG GENERAL AGRICULTURAL DISTRICT OF THE COMPREHENSIVE ZONING ORDINANCE OF THE CITY OF BLAIR, NEBRASKA (ORDINANCE NO. 1798) TO ALLOW THE SALE OF ALL TYPES OF TRUCKS AS A CONDITIONAL USE; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH AND PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA, AS FOLLOWS: SECTION 1: Section 501.04 of Article 5 "Agricultural Districts" of Ordinance No. 1798 is hereby amended to add the following conditional use as an exception in the AGG General Agricultural District upon the issuance of a conditional use permit, to -wit: "(19) Truck sales, both new and used." SECTION 2: All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 3: This ordinance shall be in full force and effect from and following the passage and publication hereof as required by law. PASSED AND APPROVED this 23' day of May, 2000. CITY OF BLAIR, NEBRASKA ATTEST: B' �A R. TAYLOR, CITY LERK (SEAL) ORDINANCE NO. 1900 MICHAEL A. 1 S, MAYOR STATE OF NEBRASKA ) ) :ss: COUNTY OF ) BRENDA R. TAYLOR 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 Ordinance was passed and approved at a regular meeting of the City Council of said city held on the 23r day of May, 2000. le. /a BRENDA R. TAYLOR, t' ITY CLERK ORDINANCE NO. 1901 AN ORDINANCE AMENDING SECTION 1110 ADJUSTMENTS TO FRONT, REAR, AND SIDE YARD REQUIREMENTS OF ORDINANCE NO. 1798 TO CHANGE THE SET BACK FRONTAGE REQUIREMENT WHERE FORTY PERCENT OR MORE OF EXISTING BUILDING FRONTAGE IS REQUIRED TO ESTABLISH THE ADJUSTMENT TO THE SET BACK REQUIREMENTS; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH AND PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA, AS FOLLOWS: SECTION 1: SECTION 1110 "ADJUSTMENTS TO FRONT, REAR AND SIDE YARD REQUIREMENTS" of Ordinance No. 1798 is hereby amended in its entirety to read as follows, to- wit: "SECTION 1110 ADJUSTMENTS TO FRONT, REAR AND SIDE YARD REQUIREMENTS 1. In all districts except A/ML and A/MH. where forty (40) percent or more of the frontage on one (1) side of a street between the nearest boundary lines of two (2) intersecting streets, within the same zoning district, is developed with buildings that have established, with a variation of five (5) feet or less, a front yard of greater or lesser depth than herein required, new buildings shall be erected no closer to the street right -of -way than the average front yard setback line established by such existing buildings. 2. In the A/ML and AIMH districts, the City Council may, upon recommendation of the Planning Commission, grant a Conditional Use Permit that would allow a front yard setback different than herein required, if: a. forty percent (40 %) or more of the frontage 011 one side of the street between the nearest boundary lines of two (2) intersecting streets, and for a distance of one block in either direction, is developed with buildings that have established, with a variation of five feet (5') or less, a front yard of greater or lesser depth than herein required; b. the entire two block area is within the same zoning district; c. the front yard of less depth than herein required would have no deleterious effect on the value of adjacent property and would pose no threat to health or safety; and Such Conditional Use Permit shall allow new buildings to be erected no closer to the street right -of -way than the average front yard setback line established under the provisions of 2(a) immediately herein above. 3. Where two (2) lots are under common ownership and have been permanently appended to each other by an agreement in writing by the owners thereof, running with the land and binding upon the heirs, personal representatives, successors, and assigns of such owners, which provides that such lots or portions of lots are permanently appended (meaning that they may not be conveyed without the other in a simultaneous transaction to the same grantee); for the determination of minimum front, rear, and side yard requirements, the outer boundary of such lots shall be considered the lot line for establishing set back requirements, and no setback from any internal lot lines, separating such permanently appended lots, shall be required. SECTION 2: All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 3: This ordinance shall be in full force and effect from and following the passage and publication hereof as required by law. PASSED AND APPROVED this 23r day of May, 2000. CITY OF BLAIR, NEBRASKA ATTEST: B (SEAL) d. Said lot does not front upon a Federal Aid - Primary, Federal Aid - Secondary, or State highway. A R. TAYLOR, CITY CLERK BY c . -�.� 'c MICREL A s, MAYOR STALE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) BRENDA R. TAYLOR 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 Ordinance was passed and approved at a regular meeting of the City Council of said city held on the 23r day of May, 2000. _,&i,1,1, t BRENDA R. TAYLOR, C Y CLERK ORDINANCE NO. 1902 AN ORDINANCE AMENDING SECTION 1-411 OF THE MUNICIPAL CODE OF THE. CITY OF BLAIR, NEBRASKA (ORDINANCE NO. 1488), BY PROVIDING WHEN A MOTION FOR RECONSIDERATION MAY BE PRESENTED, REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH, AND PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT. • BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA, AS FOLLOWS: SECTION 1. Section 1-411 Meetings- Rules of Conduct of the Municipal Code of the City of Blair, Nebraska, is hereby amended to read as follows: "See. 1-411 MEETINGS: RULES OF CONDUCT. The business and proceedings of the meeting of the Council ehs11 be conducted in accordance with the latest addition of Robert's Rules of Order providing that the following shall prevail if in convict with Robert's Rules of Order. 1. The presiding officer may refer back to any order of business after passing it, if there is no objection from any Councilmember. 2. When a question is being put by the presiding officer, no Councilmember shall leave the Council Chambers. 3. Upon request of any Councilmember, any motion or resolution shall be reduced to writing before being acted upon. 4. The minutes ofthe meeting cha11.show that Councilmember who offered or introduced a motion, resolution or ordinance and the Councilmember seconding the same. 5. The "yeas" and `nays" upon any question shall be taken and entered on the minutes on the request of any Councilmember. 6. The Council may reprimand or censure any of its members for improper behavior as Councilmembers. 7. Any resolution, ordinance, or motion may be withdrawn by its introducer or mover with consent of the Couucibmember seconding same, before same is voted upon. 8. Any person not a member of the Council may address the meeting for not more than three (3) minutes. If such person speaks for more than three minutes any member of the Council may object thereto and the person shall immediately cease addressing the meeting. The time limit may be extended following such an objection by a majority vote of the Council. The presiding officer may reasonably limit the number of times during any meeting a person, not a member of the Council, may address the meeting. The presiding officer may also cause any person not a member of the Council to be removed from the meeting if the person is disruptive to the meeting refuses to comply with any noes governing order or conduct at the meeting, refuses to comply with any reasonable order of the presiding officer, uses profanity in addressing the meeting, or is abusive to the Mayor and Council or other persons present at the meeting, 9. The presiding officer may express his or her opinion on any subject being discussed or debated by the Council. 10. Motion for Reconsideration - A motion to reconsider a vote of the Council shall be made and taken up at the meeting where the action took place or at the next regular meeting of the Council. The motion can be made by a member of the Council who did not abstain or did not vote with the losing side; or, in other words, the maker of the motion to reconsider can be one who voted with the prevailing side, or was absent from the meeting. Unless all members of the Council who voted with the prevailing side are present or have been notified that the reconsideration will be moved, it requires a two- thirds vote to adopt the motion to reconsider. All other provisions of Robert's Rules of Order pertaining to motions to reconsider, which are not in conflict herewith, are affirmed and raged. 11. The roles may be suspended on the affirmative vote of five (5) members of the Council." SECTION 2. All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 3. This ordinance shall be in full force and effect from and following the passage and publication hereof as required by law. PASSED AND APPROVED this 23rd day of Hay , 2000. -2- CITY OF BLAIR, NEBRASKA ATTEST: BRENDA R. TAYLORPTY CLERK (SEAL) STATE OF NEBRASKA ) Nis WASHINGTON COUNTY ) BRENDA R. TAYLOR 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 Ordinance was passed and approved at a regular meeting of the Mayor and City Council of said City held on the 23rd day of May , 2000. 4 -3- • BRENDA R. TAYLOR, CLERK ORDINANCE NO. 1903 AN ORDINANCE AMENDING SECTION 901 A/NIL AGRICULTURAL/INDUSTIRAL ZONES OF ORDINANCE NO. 1798 TO ALLOW GOLF DRIVING RANGES, GOLF COURSES, MINIATURE GOLF AND BOWLING ALLEYS AS A CONDITIONAL USE; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH AND PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA, AS FOLLOWS: SECTION 1: Section 901.04 of Article 9 "A/ML Agriculturaltlndustrial and Manufacturing Districts" of Ordinance No. 1798 is hereby amended in its entirety to read as follows, to -wit: "901.04 EXCEPTIONS: After the provisions of this Ordinance relating to exceptions have been fulfilled, the City Council may permit the following conditional uses as exceptions in the A/ML Agricultural/Light Industrial and Manufacturing Districts in accordance with Article 14 of this Ordinance: (1) Antennas and transmitting structures. (2) Rental and Leasing Establishments, Outside and Inside Storage. (3) Golf driving ranges, golf courses, miniature golf courses and bowling alleys. (4) Other uses which are similar to the permitted principal uses and which are in harmony with the intent of this district. SECTION 2: All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 3: This ordinance shall be in full force and effect from and following the passage and publication hereof as required by law. PASSED AND APPROVED this 13 day of June, 2000. CITY OF BLAIR, NEBRASKA ATTEST: (SEAL) STATE OF NEBRASKA ) ) :ss: COUNTY OF ) BRENDA IL TAYLOR 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 Ordinance was passed and approved at a regular meeting of the City Council of said city held on the 13 day of June, 2000. ORDINANCE NO. 1904 AN ORDINANCE AMENDING ORDINANCE NO 1488 (THE MUNICIPAL CODE OF THE CITY OF BLAIR, NEBRASKA) BY REPEALING THE UNIFORM BUILDING CODE AS ADOPTED BY REFERENCE IN SECTION 9 -201; BY REPEALING THE UNIFORM HOUSING CODE AS ADOPTED BY REFERENCE IN SECTION 9 -301; BY REPEALING THE UNIFORM PLUMBING CODE AS ADOPTED BY REFERENCE IN SECTION 9-401; BY ADDING A NEW SECTION 9 -201 AND ADOPTING BY REFERENCE THE INTERNATIONAL BUILDING CODE; BY ADDING A NEW SECTION 9 -301 AND ADOPTING BY REFERENCE THE INTERNATIONAL RESIDENTIAL CODE FOR ONE AND TWO FAMILY DWELLINGS; BY ADDING A NEW SECTION 9-401 AND ADOPTING BY REFERENCE THE INTERNATIONAL PLUMBING CODE; BY ADDING A NEW SECTION 9-403 AND ADOPTING BY REFERENCE THE INTERNATIONAL MECHANICAL CODE; BY ADDING A NEW. SECTION 9 -502 AND ADOPTING BY REFERENCE THE NATIONAL FIRE CODE; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH; PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT, AND PROVIDING THAT 'PHIS ORDINANCE SHALL BE PUBLISHED IN PAMPHLET FORM. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA, AS FOLLOWS: SECTION 1. That Section 9 -201 "Building Code ", Section 9 -301 "Housing Code" and Section 9-401 `Plumbing Code" are repealed and rescinded in their entirety, effective on October 1, 2000, at 12:01 AM. SECTION 2. That the Municipal Code of the City of Blair, Nebraska, as codified in Ordinance No. 1488, is hereby amended by adding the following new Section 9 -201 of Chapter 9, `Budding Regulations", to be effective on October 1, 2000, at 12:01 AM: "Sec. 9 -201 BUILDING CODE: ADOPTED BY REFERENCE. To provide certain • • + • t standards, provisions and requ;i.r...04,16 for safe and stable design, methods of construction, and uses of materials in buildings hereafter erected, constructed, enlarged, altered, repaired, relocated, and converted, the International Bnibiing Code, 2000 edition, including all appendices, as recommended and published by the International Code Council, Inc. in book or pamphlet form, is hereby incorporated by reference, and the adoption of such Code by reference shall be construed to incorporate any amendments or revised editions to such International Building Code as though printed in full herein, insofar as said International Budding Code and any amendments or revised editions do not conflict with the statutes of the State ofNebraska and so long as one copy of such International Building Code shall at all times be kept current in the office of the Blair City Clerk. Such International Building Code shall also include all amendments, deletions or additions which the City Council and Mayor may make from time to time. Copies of the International Building Code, as amended, are on file at the office of the Municipal Clerk pursuant to state statutes and are available for public inspection during the regular hours the Municipal offices are open. The provisions of the International Budding Code shall be controlling throughout the Municipality and throughout its zoning jurisdiction." SECTION 2. That the Municipal Code of the City of Blair, Nebraska, as codified in Ordinance No. 1488, is hereby amended by adding the following new Section 9 -301 of Chapter 9, "Building Regulations", to be effective October 1, 2000, at 12:01 AM: "Sec. 9 -301 ROUSING CODE; ADOPTED BY REFERENCE. To provide certain minimum standards, provisions and requirements for safe and stable design, methods of construction, and uses of materials in houses hereafter erected, constructed, enlarged, altered, repaired, relocated, and converted, the International Residential Code, 2000 edition, including all appendices, as recommended and published by the International Code Council, Inc. in book or pamphlet fora, is hereby incorporated by reference, and the adoption of such Code by reference shall be construed to incorporate any amendments or revised editions to such International Residential Code as though printed in fuJi herein, insofar as said International Residential Code and any amendments or revised editions do not conflict with the statutes of the State of Nebraska and so long as one copy of such International Residential Code shall at all times be kept current in the office of the Blair City Clerk, Such International Residential Code shall also include all amendments, deletions or additions which the City Council and Mayor may make from time to time. Copies of the International Residential Code, as amended, are on file at the office of the Municipal Clerk pursuant to state statutes and are available for public inspection during the regular hours the Municipal offices are open. The provisions of the International Residential Code shall be controlling throughout the Municipality and throughout its zoning jurisdiction." SECTION 3. That the Municipal Code of the City of Blair, Nebraska, as codified in Ordinance No. 1488, is hereby amended by adding the following new Section 9-401 of Chapter 9, "Building Regulations ", to be effective on October 1, 2000, at 12:01 AM: "Sec, 9-401 PLUMBING CODE: ADOPTED BY REFERENCE. To provide certain minimum standards, provisions, and requirements for safe and stable installation, methods of connection, and uses of materials in the installation of plumbing and heating, the International Plumbing Code, 2000 edition, including all appendices, as recommended and published by the International Code Council, Inc. in book or pamphlet form, is hereby incorporated by reference, and the adoption of such Code by reference shall be construed to incorporate any amendments or revised editions to such International Plumbing Code as thou&' printed in full herein, insofar as said International Plumbing Code and any amendments or revised editions do not conflict with the statutes of the State ofNebraska and so long as one copy of such International Plumbing Code shall at all times be kept current in the office of the Blair City Clerk. Such International Plumbing Code shall also include all amendments, deletions or additions which the City Council and Mayor may make from time to time. Copies of the International Plumbing Code, as amended, are on file at the office of the Municipal Clerk pursuant to state statutes and are available for public inspection during the regular hours the Municipal offices are open. The provisions of the International Plumbing Code shall be controlling throughout the Municipality and throughout its zoning jurisdiction" SECTION 4. That the Municipal Code of the City of Blair, Nebraska, as codified in Ordinance No. 1488, is hereby amended by adding the following new Section 9-403 of Chapter 9, "Building Regulations", to be effective October 1, 2000, at 12:01 AM: "Sec. 9-403 MECHANICAL CODE: ADOPTED BY REFERENCE. To provide certain minimum standards, provisions and requirements for safe and stable design, construction, quality of materials, erection, installation, alteration, relocation, replacement, use or maintenance of mechanical systems, the International Mechanical Code, 2000 edition, including all appendices, as recommended and published by the International Code Council, Inc. in book or pamphlet form, is hereby incorporated by reference, and the adoption of such Code by reference shall be construed to incorporate any amendments or revised editions to such International Mechanical Code as though printed in full herein, insofar as said International Mechanical Code and any amendments or revised editions do not conflict with the statutes ofthe State of Nebraska and so long as one copy of such International Mechanical Code shall at all times be kept current in the office of the Blair City Clerk. Such International Mechanical Code shall also include all amendments, deletions or additions which the City Council and. Mayor may make from time to time. Copies of the International Mechanical Code, as amended, are on file at the office of the Municipal Clerk pursuant to state statutes and are available for public inspection during the regular hours the Municipal offices are open. The provisions ofthe International Mechanical Code shall be controlling throughout the Municipality and throughout its zoning jurisdiction." SECTION 5. That the Municipal Code of the City of Blair, Nebraska, as codified in Ordinance No. 1488, is hereby amended by adding the following Section 9 -502 of Chapter 9, `Building Regulations ", to be effective on October 1, 2000, at 12:01 AM: "Sec. 9 -502 FIRE CODE; ADOPTED BY REFERENCE. To provide certain minimum standards, provisions, and requirements for sa e and fire proof installations and other matters affecting or relating to structures, processes, and premises from the hazard of fire and explosion, the National Fire Code, current edition, as recommended and published by the National Fire Protection Association and printed in book or pamphlet form, is hereby incorporated by reference, and the adoption of such Code by reference shall be construed to incorporate any amendments or revised editions to such National Fire Code as though printed in full herein, insofar as said National Fire Code and any amendments or revised editions do not conflict with the statutes of the State of Nebraska and so long as one copy of such National Fire Code shall at all times be kept current in the office of the Blair City Clerk. Such National Fire Code shall also include all amendments, deletions or additions which the City Council and Mayor may make from time to time. Copies of the National Fire Code, as amended, are on file at the office of the Municipal Clerk pursuant to state statutes and are available for public inspection during the regular hours the Municipal offices are open. The provisions of the National Fire Code shall be controlling throughout the Municipality and throughout its zoning jurisdiction." SECTION 6. That nothing in this Ordinance or in the International Building Code, International Residential Code, International Plumbing Code, International Mechanical Code, and National Fire Code shall be construed to affect any suit or proceeding impending in any Court, or any rights acquired or liability incurred under an act or ordinance hereby repealed or amended; nor shall any right or remedy of any character be lost, impaired or affected by this Ordinance. SECTION 7. That all ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 8. That this ordinance shall be in full force and effect from and following the passage and publication hereof as required by law and publication hereof shall be in pamphlet form on file and available for inspection at the office of the Municipal Clerk for the City of Blair, Nebraska. Passed and approved this 27 day of :Tune, 2000. AI TEST: 61/4e fZ. BRENDA R. TAYLOR, ,% CLERK (SEAL) STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) CITY OF BLAIR, NEBRASKA BRENDA R. TAYLOR 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 Ordinance was duly passed and approved at a regular meeting of the Mayor and CitX Council of said City held on the 27th day of June, 2000. BRENDA R. TAYLOR, CIT. CLERK. THIS ORDINANCE AMENDED THE ZONING ORDINANCE AND WAS PUBLISHED WITHOUT THE SIGNATURE OF THE MAYOR. ORDINANCE NO. 1905 AN ORDINANCE AMENDING SECTION 501.04 AND SECTION 303 OF THE GENERAL AGRICULTURAL DISTRICT OF ORDINANCE NO. 1798 OF THE COMPREHENSIVE ZONING REGULATIONS FOR THE CITY OF BLAIR, NEBRASKA TO ALLOW A CONSTRUCTION YARD AS AN EXCEPTION SUBJECT TO THE ISSUANCE OF A CONDITIONAL USE PERMIT AND PROVIDING A DEFINITION OF CONSTRUCTION YARD; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH AND PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EkkECT. BE IT ORDAINED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA, AS FOLLOWS: SECTION 1. Section 501.04 of `Exceptions" of the Comprehensive Zoning Ordinance is amended to add the following exception: "(19) Contractor yards." SECTION 2. Section 303 `Definitions" of the Comprehensive Zoning Ordinance is amended to add the following definition: "(43.1) Contractor Yard: Buildings and premises where contractor firm stores its equipment, vehicles, tools and inventory. In addition, a business office for the firm and repairs and maintenance of the firm's equipment and vehicles may occur on site if conducted entirely within an enclosed structure." SECTION 3. All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 4. This ordinance shall be in full force and effect from and following the passage and publication hereof as required by law. PASSED AND APPROVED this 11` day of July, 2000. CITY OF BLAIR, NEBRASKA BY MICHAEL A. MINES, MAYOR ATTEST: BRENDA R. TAYLOR, CITY CLERK (SEAL) STATE OF NEBRASKA ) ):ss: WASHINGTON COUNTY ) BRENDA R. TAYLOR, 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 Ordinance was passed and approved at a regular meeting of the City Council of said city held on the 11 day of July, 2000. BRENDA R. TAYLOR, CITY CLERK AN ORDINANCE PROVIDING FOR AND APPROVING THE TRANSFER OF THE CABLE TELEVISION FRANCHISE TO HUNTEL CABLEVISION, INC. AND AMENDING THE FRANCHISE AS PROVIDED FOR IN THIS ORDINANCE; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH AND PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT. BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY OF FORT CALHOUN, STATE OF NEBRASKA, AS FOLLOWS: SECTION 1: The City has granted a cable television franchise (the "Franchise ") pursuant to Ordinance No. 1732 and Resolution No 1995 -1 dated January 10, 1995, which is currently held by TELEPARTNERS, L.L.C. Pursuant to the Franchise, TELEPARTNERS, L.L.C. has the authority to operate a cable television system within the boundaries of the City. TELEPARTNERS, L.L.C. has requested that the City consent to the proposed transfer and assignment of the Franchise by TELEPARTNERS, L.L.C. to HUNTEL CABLEVISION, INC., and the City is willing to consent to this transfer and assignment. SECTION 2: Pursuant to the Franchise, consent and approval is granted for the transfer and assignment of the Franchise by TELEPARTNERS, L.L.C. to HUNTEL CABLEVISION, INC. Michael A. Mines, Mayor and City Clerk of the City of Blair, Nebraska are authorized to execute and deliver the attached Consent to Assignment, marked Exhibit "A" and incorporated by this reference herein. SECTION 3: All terms and provisions of the Franchise shall continue in full force and effect. As set forth in the Consent to Assignment, the City consents to the grant by HUNTEL CABLEVISION, INC. of a security interest in the Franchise Ordinance to its lenders to secure indebtedness or other obligations incurred by HUNTEL CABLEVISION, INC. with respect to the cable television system to be operated by HUNTEL CABLEVISION, INC. pursuant to the Franchise. SECTION 4: The transfer of the Franchise shall be effective upon the closing of the sale by TELEPARTNERS, L.L.C. to HUNTEL CABLEVISION, INC. of the cable television facilities serving the City. HUNTEL CABLEVISION, INC shall notify the City of the transfer of the Franchise within 30 days after the date of closing, and provide a copy of the Assignment and Assumption Agreement by which the Franchise was transferred and assigned by TELEPARTNERS, L.L.C. to HUNTELICABLEVISION, INC. SECTION 5: All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 6: This ordinance shall be in full force and effect from and following the passage and publication hereof as required by law. ORDINANCE NO. 1906 ATTEST: PASSED AND APPROVED THIS 8th day of August 2000. CITY OF BLAIR, NEBRASKA BRENDA R. TAYLOR., C►' . CLERK (SEAL) STATE OF NEBRASKA ) ) :ss: COUNTY OF WASHINGTON ) BRENDA R. TAYLOR 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 Ordinance was passed and approved at a "regular meeting of the Mayor and City Council of said City held on the 8th day of August, 2000. Dated: August 8th, 2000 Al LEST: 6 (416 BIt DA R. TAYLOR, CI ' CLERK CONSENT TO ASSIGNMENT The City of Blair, Nebraska (the "Franchisor") consents to the Assignment and Assumption (the " Assignment") between TELEPARTNERS, L.L.C.( "Seller") and HUNTEL CABLEVISION, INC. ("Buyer") a copy of which is attached hereto, marked Exhibit "A" and incorporated by this reference herein, and which provides for the transfer and assignment by TELEPARTNERS, L.L.C. to HUNTEL CABLEVISION, INC. of the following (the "Franchise Documents "): Cable television franchise granted pursuant to Ordinance No. 1732 and Resolution No. 1995 -1, dated January 10, 1995; and An interest in an Easement from the City on property described as: Tax Lot 67 and Tax Lot 23 in Section 14, Township 18 North, Range 11 East of the 6 P.M., Washington County, Nebraska. The Franchisor further consents to HUNTEL CABLEVISION, INC. collateral assignment of, or grant of a security interest in, the Franchise Documents to Buyer's lenders to . secure indebtedness or other obligations which may be incurred by HUNTEL CABLEVISION, INC. with respect to cable television systems to be operated by HUNTEL CABLEVISION, INC. pursuant to the Franchise Documents; and to the exercise by such lenders of their rights as secured parties in and to the Franchise Documents in the event of a default by HUNTEL CABLEVISION, INC. in the payment of its indebtedness or the performance of its obligations secured by such security interest; provided, thou • h, that nothing contained herein shall constitute a waiver of any rights of the Franchisor to approve any subsequent transfer or assignment of the Franchise Documents. The Franchisor confirms and represents that the Franchise Documents are valid and binding and in full force and effect, and that TELEPARTNERS, L.L.C. is the present holder of the Franchise Documents. The Franchisor understands that the execution of the Assignment by Buyer and Seller, and the assumption by Buyer of the Franchise Documents are contingent upon, and shall occur at the time of consummation of the Purchase Agreement referred to in the Assignment. This Consent to Assignment shall also be contingent upon receipt by the Franchisor of a fully - executed document citing the Buyer's agreement to faithfully perform and carry out all terms, conditions, and provisions of the Franchise Documents CITY OF BLAIR, NEBRASKA ORDINANCE NO. 1907 AN ORDINANCE 'AUTHORIZING THE *ISSUANCE .OF A WATER SYSTEM REVENUE BONA. SERIES 2000B, . OF. THE CITY OF BLA]R, NEBRASKA, llst THE PRINCIPAL' AMOUNT OF SIX MILLION EIGHT'HUNDRED rwlrr;NT THOUSAND SEVEN HUNDRED DOLLARS ($6,815,700), IN THE FORM OF A PROMISSORY. NOTE ISSUED TO EVIDENCE . INDEBTEDNESS TO THE NEBRASKA DEPARTMENT OF ENVIROTJMENTAL QUALITY; APPROVING THE FORM OF SAID BOND (ISSUED: AS A SINGLE PROMISSORY NOTE) AND RELATED .LOAN AGREEMENT; PLEDGING' AND. HYPOTHECATING THE . REVENUES AND EARNINGS OF THE WATERWORKS PLANT AND WATER SYSTEM OWNED OR TO : BE OWNED BY THE CITY FOR THE PAYMENT OF SAID BOND; PROVIDING FOR *THE ISSUANCE AND SALE OF' SAID BOND;.. AUTHORIZING THE DELIVERY OF SAID BOND TO THE NEBRASKA DEPARTMENT OF ENVIRONMENTAL QUALITY; PROVIDING FOR THE COLLECTION, SEGREGATION: AND APPLICATION OF THE REVENUES OF SAID WATERWORKS PLANT AND SYSTEM; DETERMINING THAT INTEREST ON SAID BOND SHALL NOT BE EXCLUDABLE. FROM GROSS INCOME FOR PURPOSES OF .1..pirdtAL INCOME TAXATION; PROVIDING FOR. THE DISPOSITION OF THE PROCEEDS OF SAID BOND AND ORDERING TEE ORDINANCE PUBLISHED IN PAMPTIT FT FORM. BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF BLAIR, NEBRASKA, AS FOLLOWS: Section 1. The Mayor and Council of the City of Blair; Nebraska (the "City) hereby find and determine as follows: (a) The City owns and operates a waterworks plant and system (which plant and system, together with any additions, extensions and improvements thereto hereafter made are hereinafter referred to as the "Water System ") which represents a revenue - producing undertaking of the City. (b) the Nebraska Department of Environmental Quality ("NDEQ") has .approved a project of the City for its Water System in order to expand the plant capacity, including conversion of a.settling tank to a new solid contact basin, new piping from the presediinentation. basin to the solids contact unit and then. to the recarbonation basin, reconfiguration of recarbonation and flocculation basins, rapid sand filters, new high service pump station and related piping, upgrading of chemical feed system and instrumentation systems and related improvements, rehabilitations and repairs which has been designated as DWSRF Project No. D3110007 (the "Project") and has agreed to lend from monies in NDEQ's Drinking Water Facilities Loan Fund or from other sources in the total principal amount of $6,815,700 (the "NDEQ Loan ") and in connection with such loan has agreed to accept one or more bonds payable from the revenues of the Combined Utilities to be evidenced by and in the form of a single promissory note (the. "NDEQ Note" and also sometimes refer to herein as the "Series 2000B Bond "), with such loan to be governed as to terms and conditions by an agreement with NDEQ entitled "Loan Agreement Between Nebraska. Department 3 of Environmental Quality and the City of Blair, Nebraska, Project No. D311007" (the "NDEQ Contract"); (c) The City has issued and outstanding the following bonds which are a lien upon and secured by a pledge of the revenue and earnings of the Water System (collectively, the "Outstanding Bonds "): (i) Water System Revenue Bonds, Series 1996, Date of Original Issue -June 15, 1996, issued pursuant to Ordinance No. 1783 of the City (the "Series 1996 Ordinance "), in the original principal amount of $3,050,000 (the "Series 1996 Bonds "), of which bonds in the principal amount of $1,990,000 remain outstanding and unpaid; and (ii) Water System Revenue Refunding Bonds, Series 1999, Date of Original Issue January 15, 1999, issued to Ordinance No. 1867. of the City (the "Series 1999 Ordinance "), in the original principal amount. of $1,700,000 (the "Series 1999 Bonds "), of which bonds in the principal amount of $1,600,000 remain outstanding and unpaid. The Outstanding Bonds . constitute the only presently outstanding indebtedness of the : City payable from the revenues of the Water System; (d) The Mayor and Council have previously approved and there has been executed and delivered as of June 27, 2000 a contract by and between the City and Cargill, Inc. (the "Cargill Contract ") relating to payment for water service based upon expanded service capacity to be constructed by the City in the form of improvements to the City's water system (the "2000 Project "). In connection with the issuance of the Series 1996 Bonds and the Series 1999 Bonds, the City has covenanted to take all actions necessary in order to preserve the tax - exempt status of interest on the Series 1996 Bonds and the Series 1999 Bonds. Under the terms of Reg. Sec. 1.141 -12 (the "141 Regulation ") of the Regulations of the United States Treasury relating to Section 141 of the Internal Revenue Code of 1986, as amended (the "Code ") in order to preserve such status in view of the terms and conditions of the Cargill Contract, the City is required to establish a defeasance escrow and provide for the redemption of the Series 1996 Bonds and the Series 1999 Bonds at the earliest permissible redemption date. The Series 1996 Bonds and the Series 1999 Bonds each are to be called for redemption of the earliest respective permitted redemption dates and, the City proposes and covenants that, prior to any drawing of amounts evidenced by the NDEQ Loan and to be advanced under the terms and conditions of the NDEQ. Contract, it will satisfy the requirements for a defeasance escrow under the 141 Regulation by the issuance of the City's Water System Revenue Refunding Bonds, Series 2000, in the principal amount not to exceed $3,900,000 (the "Series 2000 Bonds "); that the Series 2000 Bonds will be authorized pursuant to an ordinance of the City (the "2000 Ordinance ") which will be adopted prior to the execution and delivery of the NDEQ Note and. the NDEQ Contract; that the 2000 4 Ordinance will permit .and recognize the issuance of the NDEQ Note as "Additional Bonds" of equal lien with the Series 2000 Bonds under the terms of the 2000 Ordinance; that as of the time of the first drawing of monies under the NDEQ Note and the NDEQ Contract the Outstanding Bonds will no longer be outstanding under the terms of their authorizing ordinances. (e). in connection with the. NDEQ Loan, as evidenced by the Series 2000B Bond, it is necessary and advisable for the City to approve the execution of the NDEQ Contract and the NDEQ Note in substantially the forms attached hereto; (f) all conditions, acts and things required by law to exist or to be done precedent to the issuance of the Series 2000B Bond as bond for which there shall be no outstanding bonds with prior rights to payment on or before any drawing of funds and as an "Additional Bond" of equal standing with the Series 2000 Bonds to be issued as provided for in the 2000 Ordinance and in this Ordinance do exist and have been done or shall exist and shall be done (as provided herein) in regular and due form and time as required by law. Section 2. In addition to the definitions provided in parentheses elsewhere in this Ordinance, the following definitions of terms shall apply, unless_ the context shall clearly indicate otherwise: "Additional Bonds" shall mean any and all bonds hereafter issued by the City pursuant to the terms of this Ordinance which are equal in lien to the Series 2000 Bonds and the .Series 2000B Bond, including any such bonds issued pursuant to Section 6 and refunding bonds issued pursuant to Section 7, as and when such bonds become equal in lien to the Series 2000 Bonds and the Series 2000B Bond, according to their terms and the terms of said Sections 6 and 7. "Average Annual Debt Service Requirements" shall mean that number computed by adding all of the principal and interest due when computed to the absolute maturity of the bonds for which such computation is required and dividing by the number of years remaining that the longest bond of any issue for which such computation is required has to run to maturity. In making such computation, the principal of any bonds for which mandatory redemptions are scheduled shall be treated as maturing in accordance with such schedule of mandatory redemptions. "Deposit Securities" shall mean direct obligations of or obligations the principal of and interest on which are unconditionally guaranteed by the United States of America. "Maximum Annual Debt Service Requirements" shall mean the maximum aggregate amount of payments of principal and interest due with respect to the bonds for which such computation is required in any one fiscal year with respect 5 to the Water System and the revenues thereof. In making such computations the principal of any bonds for which mandatory redemptions are scheduled shall be treated as maturing in accordance with such schedule of mandatory redemptions. "Net Revenues" shall mean the gross revenues derived by the City from the ownership or operation of the Water System, including investment income, but not including any income from sale or disposition of any property belonging to or forming a part of the Water System; less the ordinary expenses to the City of operating and maintaining the Water System payable from the Operation and Maintenance Account described in Section 4 of this Ordinance. Operation and maintenance expenses for purposes of determining `Net Revenues" shall not include depreciation, amortization (of financing expenses) or interest on any bonds or other indebtedness. Net Revenues for all purposes of this Ordinance shall be shown by an audit for the fiscal year in question as conducted by independent certified public accountants. For purposes of this ordinance, whether or not in accordance with applicable accounting principles, there shall not be included in revenues or expenses gain or loss from the early extinguishment of indebtedness, investment income from any securities deposited in escrow for the defeasance of the Series 1996 Bonds, the Series 1999 Bonds or any other bonds relating to the Water System or unrealized gain or loss on securities held by the City's Water System. Section 3. To provide for the payment of the costs of the Project, there shall be and there is hereby ordered issued the Series 2000B Bond, in the form of and evidenced by a single promissory note (sometimes referred to in this Ordinance, according to the context, as the "NDEQ Note" and sometimes as the "Series 2000B Bond ") in the principal amount of Six Million Eight. Hundred Fifteen Thousand Seven Hundred Dollars ($6,815,700), with such NDEQ Note to be substantially in such form and to'have such payment terms as are set forth in Exhibit A to this Ordinance, which exhibit is by such reference incorporated herein as if fully set forth. In connection with the issuance of the NDEQ Note, the City shall also enter into the NDEQ Contract in substantially the form set forth in Exhibit B to this Ordinance, which exhibit is by such reference incorporated herein as if fully set forth. The terms and conditions of the 2000 NDEQ Note and the NDEQ Contract . are hereby approved and the Mayor and the City Clerk are hereby authorized to execute, and deliver the 2000 NDEQ Note and the NDEQ Contract for and on behalf of the City in substantially the form presented but with such changes from the forms presented and attached hereto as such officers shall deem appropriate for and on behalf of the City. 6 Section 4. The revenues and earnings of the Water System are hereby pledged and hypothecated for the payment of the Series 2000B Bond, the Series 2000 Bonds and any Additional Bonds and interest on such Series 2000B Bond, Series 2000 Bonds and any such Additional Bonds, and the City does hereby agree with the holders of said Series 2000B Bond, Series 2000 Bonds and Additional Bonds as follows: (a) BLAIR WATER SYSTEM FUND — From and after the satisfaction of the Outstanding Bonds in accordance with the terms of the 2000 Ordinance, the entire gross revenues and income derived from the operation of the Water System, including pledges and appropriations from other sources, if any, shall be set aside as collected and deposited in a separate fund designated as the "Blair Water System Fund." For purposes of allocating the monies in the Blair Water System Fund, the City shall maintain the following accounts: (1) Bond Payment Account; (2) Operation and Maintenance Account; (3) Debt Service Reserve Account (with sub - accounts therein); and (4) Retained Revenues Account. (b) BOND PAYMENT ACCOUNT - Out of the Blair Water System Fund there shall be credited monthly on or before the first day of each month to the Bond Payment Account, starting with the month of October, 2000, the following amounts: (1) during the period from October 1, 2000, until and including that June 30 or December 31 (as the case may be with respect to the earliest occurring of such dates) which immediately follows the "Initiation of Operation" (as in the NDEQ Contract; in this Ordinance hereafter referred to as the "Initiation of Operation ") of the Project an amount such that if the same amount were credited on the first day of each calendar month from such date of credit until the next payment date upon which any amount falls due on the NDEQ Note, whether . for principal or interest, the amount accumulated by such monthly credits would equal the amount falling due on such payment date on the NDEQ Note, provided, however, that such credits shall be required only as and to the extent that such payments are not provided from other sources including amounts advanced by NDEQ pursuant to the NDEQ Contract and the NDEQ Note; (2) during the period from and including that January 1 or July 1 (as the case may be with respect to the earliest occurring of such dates) which immediately follows the Initiation of Operation until the 2000 NDEQ Note has been paid in full an amount equal to one -sixth 7 of the installment amount (principal and interest) due on the next installment payment date for the 2000 NDEQ Note; (3) During such periods and in such amounts, all such payments are as required under the terms of the. 2000 Ordinance with respect to the principal and interest on the Series 2000 Bonds. The City Treasurer is hereby • authorized and directed, without further authorization, to withdraw monies credited to the Bond Payment Account, or if the monies in such Account are insufficient, then from the Debt Service Reserve Account (as and to the extent that amounts are available in a sub - account therein designated in the authorizing ordinance) and next from the Retained Revenues Account, an amount sufficient to pay, when due, the principal of and interest on the Series 2000B Bond, the Series 2000 Bonds or any Additional Bonds and to transfer the app�k.Ya:ate amounts due to the direct payee for the Series 2000B Bond and the respective paying agents or direct payees (as may be applicable) for the Series 2000 Bonds and any issues of Additional Bonds, on or before each principal and interest payment date. Upon the issuance of any Additional Bonds pursuant to this Ordinance, a p. :ate additional credits to the Bond Payment Account shall be provided for sufficient to pay principal and interest on said Additional Bonds. (c) OPERATION AND MAINTENANCE ACCOUNT - After any credits required to be made by the foregoing subparagraph (b) have been made in full, out of the Blair Water System Fund there shall be monthly credited into the Operation and Maintenance Account such amounts as the City shall from time to time determine to be necessary to pay the reasonable and necessary expenses of operating and maintaining the Water System, and the City may withdraw funds credited to the Operation and Maintenance Account as necessary from time to time to pay such expenses. As an operational expense the City shall pay any and all administrative fees required to be paid in connection with the NDEQ Loan or due under the NDEQ Contract. (d) DEBT SERVICE RESERVE ACCOUNT - Within the Debt Service Reserve Account there shall be established separate sub- accounts for each series of bonds payable on a parity with the Series 2000B Bond and the Series 2000 Bonds from the revenues of the Water System, as shall be deemed . appropriate by the Mayor and Council in connection with each such issue. hi view of the provisions of the NDEQ Contract, it is hereby determined that no sub- account shall be established for the Series 2000B Bond. For the Series 2000 Bonds there is to be established a separate sub - account in accordance with the terms of the 2000 Ordinance into which there shall be deposited either from the proceeds of the Series 2000 Bonds or from funds of the City on hand an amount 8 equal to (or less than as specified in the 2000 Ordinance) the lesser of (i) 10% of the stated principal amount of the Series 2000 Bonds, (ii) the Maximum Annual Debt Service Requirements for. the Series 2000 Bonds or (iii). 1.25 times the Average Annual Debt Service Requirements for the Series 2000 Bonds, which shall be maintained as the required balance so long as any of the Series 2000 Bonds remain outstanding in accordance with the terms of the 2000 Ordinance' In issuing any series of Additional Bonds a separate sub - account in the Debt Service Reserve Account may be established for such series of Additional Bonds but is not required under the terms of this Ordinance. The balance in any such additional sub - account may be funded from monies on hand or from periodic deposits from revenues in the Blair Water System Fund or from the proceeds of . such Additional Bonds. Each sub - account in the Debt Service Reserve Account shall be of equal standing with each other sub - account in the Debt Service Reserve Account and available monies from the Blair Water System Fund required to be credited to each such sub - account at any time shall be allocated on a pro rata basis between sub - accounts then requiring credits in accordance with the respective unpaid principal amounts then outstanding for each such issue for which there is a sub - account requiring credits. Each sub- account in the Debt Service Reserve Account shall constitute a separate fund held in trust by the City Treasurer for the separate benefit of the issue of bonds for which it is established. Anything in this Subsection 4(d) to the contrary notwithstanding, the amount required to be maintained in the Debt Service Reserve Account or any sub - account therein shall not at any time exceed the maximum amount permitted to be invested without yield restriction under Section 148 of the Code or any successor provision or related statutory limitation and applicable regulations of the United States Treasury Department. (e) RETAINED REVENUES ACCOUNT Monies in the Blair Water System Fund remaining after the credits required in the foregoing Subsections (b), (c) and (d) shall be credited to the Retained Revenues Account. Monies in the Retained Revenues Account may be used to make up any deficiencies in any of the preceding Accounts, to retire any of the Series 2000B Bond, the Series 2000 Bonds or any Additional Bonds prior to their maturity, to pay principal of and interest on any junior lien water system revenue bonds or notes or to provide for any other lawful purpose of the City as directed by the Mayor and City Council. The provisions of this Section 4 shall require the City to maintain a set of books and records in accordance with such accounting methods and procedures as are generally applicable to municipal utility enterprises, which books and records shall show credits to and expenditures from the several Accounts and sub - accounts required by this Section. Except as specified below 9 for the Debt Service Reserve Account, the City shall not be required to establish separate bank or investment accounts for said Accounts. Monies credited to the Debt Service Reserve Account or any sub - account therein shall, if maintained in a demand or time deposit account, be kept in a separate account and not commingled with other City or Water System funds. If invested, monies credited to the Debt Service Reserve Account or any sub - account therein may be . commingled with other City funds, including Water System funds, so long as the City maintains books and records clearly identifying the specific investments, or portions thereof, which belong to the Debt Service Reserve Account and specific sub - accounts therein. Monies in any of said Accounts except the Debt Service Reserve Account may be invested in permissible investments for a City of the class to which the City of Blair belongs as of the time of such investment. Monies in the Debt Service Reserve Account or any sub - account therein may be invested in Deposit Securities or in certificates of deposit, savings accounts or other interest bearing accounts in banks which are members of the Federal Deposit Insurance Corporation, except that whenever the amount so deposited exceeds the amount of the F.D.I.C. insurance available thereon, the excess shall be secured in the manner required by Section 16 -715 R.R.S. Neb. 1997. Investments made from or attributable, in whole or in part, to the Debt Service Reserve Account shall mature or be redeemable at the option of the holder, without penalty, in not more than ten years. Investments made from or attributable to the Bond Payment Account shall mature or be redeemable at the option of the holder by no later than the time monies are required for payments due from such account. Income from or profit realized from investment for any Account or sub - account shall be credited to such Account or sub - account until such Account or sub - account contains any amount then required to be therein, and thereafter such income or profit shall be transferred to the Blair Water System Fund and treated as other revenues from the operation of the Water System. Section 5. So long as any of the Series 2000 B Bond, the Series 2000 Bonds and any Additional Bonds issued pursuant to this Ordinance shall remain outstanding and unpaid, the City covenants and agrees to establish, revise, from time to time as necessary, and collect such rates and charges for the water and water service furnished from the Water System adequate to produce revenues and earnings sufficient at all times: 10 11 (a) To provide funds to pay, when due, the principal of and interest on the Series 2000B Bond, the Series 2000 Bonds and any Additional Bonds issued pursuant to this Ordinance (b) To pay all proper and necessary costs of operation and maintenance of the Water System and to pay for the necessary and proper repairs, replacements, enlargements, extensions and improvements to the Water System, including payment as the same fall due of any administrative fees related to the Series 2000B Bond as described in the NDEQ Contract. (c) To provide funds sufficient to make the credits into the Accounts and at the times and in the amounts required by Section 4 of this Ordinance. (d) To maintain Net Revenues in each fiscal year adopted by the City for the Water System in an amount not less than 1.25 times the total amount of principal paid or payable (exclusive of any principal redeemed prior to maturity other than principal redeemed pursuant to a schedule of mandatory redemptions) and interest falling due during such fiscal year on the . Series, 2000B Bond, the Series 2000 Bonds and any Additional Bonds issued pursuant to this Ordinance. Section 6. The Series 2000 Bonds (in a principal amount not to exceed $3,900,000) are and shall be authorized on a parity with the Series 2000B Bond as described in this Ordinance without further condition and whether or not issued before, contemporaneously with or after the issuance of the Series 2000B Bond. To provide funds for any purpose related to the Water System, the City may issue Additional Bonds (other than Additional Bonds issued for refunding purposes which are governed by Section 7 of this Ordinance) payable from the revenues of the Water System having equal priority and on a parity with the Series 2000B Bond, the Series 2000 Bonds and any Additional Bonds then outstanding, only upon compliance with the following conditions: (a) Such Additional Bonds shall be . issued only pursuant to an ordinance which shall provide for an increase in the monthly credits into the Bond Payment Account in amounts sufficient to pay, when due, the principal of and interest on the Series 2000B Bond, the Series 2000 Bonds and any Additional Bonds then outstanding and the proposed Additional Bonds. (b) The City shall have complied with one or rhe other of the two following requirements: 1) The Net Revenues derived by the City from its Water System for the fiscal year next preceding the issuance of the Additional Bonds shall have been at least equal to 1.30 times the Average Annual Debt Service Requirements of the Series 2000B Bond, the Series 2000 Bonds and any Additional Bonds, all as then outstanding, and of the proposed Additional Bonds; or _ 2) The City shall have received a projection made by a consulting engineer or firm of consulting engineers, or by a certified public accountant or firm of certified public accountants (either one of which shall be recognized as having experience and expertise in municipal utility systems) projecting that the Net Revenues of the Water System in each of the three full fiscal years after the issuance of such Additional Bonds will be at least equal to 1.35 times the Average Annual Debt Service Requirements of the Series 2000B Bond the Series 2000 Bonds and any Additional Bonds, all as then outstanding, and of the proposed Additional Bonds. In making such projection, the consulting engineer or accountant shall use as a basis the Net Revenues of the Water System during the last fiscal year for which an independent audit has been prepared and shall adjust such Net Revenues as follows: (A) to reflect changes in rates which have gone into effect since the beginning of the fiscal year for which the audit was made, (B) to reflect such engineer's or accountant's estimate of the net increase over or net decrease under the Net Revenues of the Water System for the fiscal year for which the audit was made by reason of: (i) changes of amounts payable under existing contracts for services; (ii) additional general income from sales to customers under existing rate schedules for various classes of customers or as such schedules may be revised under a program of changes which has been adopted by the Mayor and Council of the City, (iii) projected revisions in costs for labor, . wages, salaries, machinery, equipment, supplies and other operational items; (iv) changes in the amount of service to be supplied and any related administrative or other costs associated with such changes due to increased supply from the acquisition of any new facility, (v) anticipated receipts from service to any additional customer or customers for the Water System; and 12 (vi) such other factors affecting the projections of revenues and expenses as the consulting engineer or accountant deems reasonable and proper. Annual debt service on any proposed Additional Bonds to be issued • may be estimated by the consulting engineer or certified public accountant in projecting Average Annual Debt Service Requirements, but no Additional Bonds shall be issued requiring any annual debt service payment in excess of the amount so estimated by the consulting engineer or certified public accountant in any final projections furnished to the City. If the City shall find it desirable it shall also have the right when issuing Additional Bonds to combine with its Water System any other utilities of the City authorized to be combined under Sections 19 -1305 through 19 -1308 or 18 -1803 through 18-1805 R.R.S. Neb. 1997, and to cause . all of the revenues of such combined utilities systems to be paid into the Blair Water System Fund, which fund may be appropriately redesignated, and to provide that all of the Series 2000B Bond, the Series 2000 Bonds and any Additional Bonds previously issued, all as then outstanding, and the proposed issue of Additional Bonds shall be payable from the revenues of such combined utilities and shall stand on a parity and in equality as to security and payment, provided, however, no utility shall be combined with the Water System as contemplated in this paragraph unless the conditions of subsection 6(a) shall have been satisfied and the . Net Revenues of the combined utilities systems shall satisfy one or the other of the requirements for Additional Bonds provided in subsection 6(b) above. For purposes of meeting such requirements, the definition of Net Revenues shall be altered to include the gross revenues of the additional utility or utilities and to take into consideration ordinary expenses of operating and maintaining the additional utility or utilities. In making any projections the consulting engineer or certified public accountant shall take into consideration the factors described in 6(b)(2) above with respect to such additional utility or utilities. Net Revenues of the additional utility or utilities shall be based upon the report or reports of independent certified public accountants in the same manner as is required under subsection 6(b) above. Section 7. The City may issue refunding bonds, which shall qualify as Additional Bonds under this Section 7, to refund any of the Series 2000E Bond, the Series 2000 Bonds or Additional Bonds without compliance with the provisions of subsection 6(b) above, provided 13 that, if any such Series 2000B Bond, Series 2000 Bonds or Additional Bonds are to remain outstanding after the issuance of such refunding bonds, the principal payments due in any calendar year in which those bonds which are to remain outstanding mature, or in any calendar year prior thereto, shall not be increased over the amount of such principal payments due in such calendar years immediately prior to such refunding. The City may also issue refunding bonds which shall qualify as Additional Bonds of equal lien to refimd.any of the Series 2000B Bond, the Series 2000 Bonds or Additional Bonds then outstanding, provided, that if any such Series 2000B Bond, Series 2000 Bonds or Additional Bonds then outstanding are to remain outstanding after the application of the proceeds of the refunding bonds to the payment of the bonds which are to be refunded, such issuance must comply with the Net Revenues test set forth in Subsection 6(b)(1) of this ordinance .and, if the proceeds of such refunding bonds are not to be applied immediately to the satisfaction of the bonds which are to be refunded, then such refunding bonds must provide by their terms that they shall be junior in lien to all of the Series 2000B Bond, Series 2000 Bonds and any Additional. Bonds outstanding at the time of issuance of such refunding bonds until the time of application of their proceeds to the satisfaction of the bonds which are to be refunded. In computing Average Annual Debt Service Requirements to show compliance with said Net Revenues test for such refunding bonds, all payments of principal and interest due on such refunding bonds from the time of their issuance to the time of application of the proceeds of such refunding bonds to the satisfaction of the bonds which are to be refunded shall be excluded from such computation to the extent that such principal and interest are payable from sources other than the revenues of the Water System, such as bond proceeds or investment earnings on bond proceeds, or from monies in the Retained Revenues Account, and all payments of principal and interest due on the bonds which are to be refunded from and after the time of such application shall also be excluded. For purposes of this paragraph of this Section 7, the time of application of the l proceeds of the refunding bonds to the satisfaction of the bonds which are to be refunded shall be the time of deposit with the paying agent for such bonds which are to be refunded pursuant to Section 10 -126 R.R.S. Neb. 1997 (or any successor statutory provision thereto) or the time when such bonds which are to be refunded under the terms of their authorizing ordinance or ordinances are no longer deemed to be outstanding, whichever occurs sooner. 14 Section 8. The City hereby covenants and agrees that so long as any of the Series 2000B Bond, the Series 2000 Bonds and any Additional Bonds are outstanding, it will not issue any bonds or notes payable from the revenues of the Water System except in accordance with the provisions of this Ordinance, provided, however, the City reserves the right to issue bonds or notes which are junior in lien to the Series 2000B Bond, the Series 2000 Bonds and any such Additional Bonds with the principal and interest of such bonds or notes to be payable from monies credited to the Retained Revenues Account as provided in Subsection 4(e). The term "Additional Bonds" as used in this ordinance refers only to such bonds as are payable from the revenues of the Water System on a parity with the Series 2000B Bond and the Series 2000 Bonds, both as outstanding from time to time, and are issued in accordance with the terms of said Sections 6. and 7. Section 9. So long as any of the Series 2000B Bond, the Series 2000 Bonds or any Additional Bonds are outstanding, the City hereby covenants and agrees as follows: (a) . The City will maintain the Water System in good condition and will continuously operate the same in a reasonable and efficient manner, and the City will punctually perform all the duties with reference to said system required by the Constitution and statutes of the State of Nebraska, but this covenant shall not prevent the City from discontinuing the use and operation of all or any portion of the Water System so long as the revenues derived from the City's ownership of the properties constituting the Water System shall be sufficient to fulfill this City's obligations under Section 5 of this Ordinance. (b) The City will not grant any franchise or right to any person, firm or corporation to own or operate a water system in competition with that owned by the City. (c) The City will maintain insurance on the property constituting the Water System (other than such portions of the system as are not normally insured against loss by casualty) in the amounts and . against the risks customarily carried by similar utilities, but including fire and extended coverage insurance in an amount which would enable the City to repair, restore or replace the property damaged to the extent necessary to make the Water System operable in an efficient and proper manner to carry out the City's obligations under this Ordinance. The Mayor and Council shall annually, within one month after the end of each fiscal year adopted by the City for the Water System examine the amount of insurance carried with respect to the Water System and shall evidence approval of such insurance by resolution. The proceeds of any 15 such insurance received by the City shall be used to repair, replace or restore the property damaged or destroyed to the extent necessary to make the Water System operable in an efficient and proper manner, and any amount of insurance proceeds not so used shall be credited to the Retained Revenues Account. In the event of any such insured casualty loss, the City may advance funds to make temporary repairs or provide for an advance on costs of the permanent repair, restoration or replacement from the Operation and Maintenance Account and any such advances shall be repaid from insurance proceeds received. (d) The City will keep proper books, records and accounts separate from all other records and accounts in which complete and correct entries will be made of all transactions relating to the Water System. The City will have its operating and financial statements relating to the Water System audited antrnally by a certified public accountant or firm of certified public accountants. The City will furnish to the original purchaser of the Series 2000B Bond and the Series 2000 Bonds and to the original purchaser or purchasers of each series of Additional Bonds issued hereunder,- within four months after the end of each fiscal year of' the Water System, a copy of the financial statements of the Water System and the report thereon of the certified public accountants. (e) The City shall cause each person handling any of the monies in the Blair Water System Fund to be bonded by an insurance company licensed to do business in Nebraska in an amount or amounts deemed sufficient to cover at all times the maximum amount of money belonging to the Water System in the possession or control of any such person. The amount of such bond or bonds shall be fixed by the Mayor and Council and the costs thereof shall be paid as an operating and maintenance expense from the Operation and Maintenance Account. (f) So long as the City is current with all payments or credits required to be made under Section 4 hereof and is also in compliance with the covenants of Section 5 hereof, the City may pay for water service used by it at such rate or rates as shall be determined by the Mayor and Council. In the event that the City is not in compliance with the provisions of said Sections 4 and 5 hereof, the City shall be required to pay for water service used by it at the rate or rates applicable to such usage as fixed by the City's water rate ordinances then in effect. (g) The City agrees that so long as the Series 2000B Bond and/or the Series 2000 Bonds are outstanding and unpaid it will keep in force and effect the Cargill Contract, during the stated term thereof, and will not amend the 16 provisions thereof in any manner which reduces amounts payable thereunder to any level which would cause the .City to be in violation of the provisions of Section 5 of this Ordinance. Section 9. The City's obligations under this Ordinance and the liens, pledges, covenants and agreements of the City herein made or provided for, shall be fully discharged and satisfied" as to the Series 2000B Bond or any Additional Bonds issued pursuant to this ordinance and any such bonds shall no longer be deemed outstanding hereunder if such bonds shall be been purchased and canceled by the City, or when payment of the principal of and interest thereon to the respective date of maturity or redemption (a) shall have been made or caused to be made in accordance with the terms thereof; or (b) shall have been provided for by depositing with a national or state bank having trust powers or trust company, in trust solely for such payment (1) sufficient money to make such payment and/or . (2) Deposit Securities in such amount and bearing interest at such rates and payable at such,time or limes and maturing or redeemable at stated fixed prices at the option of the holder as to principal at such time or times as will ensure the availability of sufficient money to make such payment, provided, however, that with respect to any bond to be paid prior to maturity, the City shall have duly given notice of redemption of such bond as required by this Ordinance or given irrevocable instructions for the giving of such notice. Any such money so deposited with such Paying Agent and Registrar or bank or trust company in excess of the amount required to pay principal of and interest on the bonds for which such monies were deposited, shall be paid over to the City as and when collected. For purposes of this Section 9, any Deposit Securities shall be non - callable or callable only at the option of the holder. With respect to any deposit made for purposes of satisfying the Series 2000B Bond under this Section 9, there shall be furnished to NDEQ and the Nebraska Investment Finance Authority ( "NIFA ") an opinion of nationally recognized bond counsel that such deposit for payment of the Series 2000B Bond will not adversely affect the exclusion for interest from gross income for federal tax purposes on any bonds issued by NIFA to provide fiords for deposit into the Nebraska Drinking Water Facilities Loan Fund and the furnishing of such opinion shall be a condition required to be satisfied prior to the making of any such deposit in trust for payment and satisfaction with respect to the Series 2000B Bond unless the Series 2000B Bond is to be prepaid and redeemed within 60 days from the time of such deposit. 17 Section 10. The terms and provisions of this Ordinance do and shall constitute a contract . between the City of Blair and the holder of the Series 2000B Bond and no changes, variations or alterations of any kind, except for changes necessary to cure any ambiguity, formal defect or omission, shall be made to this Ordinance without the written consent of the holder of the Series 2000B Bond. The holder of the Series 2000B Bond may, either in law or in equity, by suit, action, mandamus or other proceeding, enforce or compel performance of any and all of the acts and duties required by this Ordinance, and any court of competent jurisdiction may, after default in payment of principal or interest or performance of any other obligations under this Ordinance, on application of any such holder, appoint a receiver to take charge of the Water System and operate the same and apply the earnings thereof to the payment of the principal of and interest on bonds issued pursuant to this Ordinance in accordance with the provisions hereof, the provisions of the 2000 Ordinance and any ordinance authorizing Additional Bonds. Section 11. The Mayor and City Clerk of the City are hereby authorized. to do all things and execute all such documents as may by them be deemed necessary and proper to complete the issuance and sale of the Series 2000B Bond as contemplated by this Ordinance The Series 2000B Bond (as evidenced by the NDEQ Note) and the NDEQ Contract shall not be delivered until the 2000 Ordinance has been passed and approved by the Mayor and Council and a bond purchase agreement has been executed and delivered with respect to the Series 2000 Bonds. No drawings of funds shall be made under the Series 2000B Bond until the Series 1996 Bonds and the Series 1999 Bonds have been satisfied under the terms of the Series 1996 Ordinance and the Series 1999 Ordinance, respectively. Section 12. If any section, paragraph, clause or provision of this Ordinance shall be held invalid, the invalidity of such section, paragraph, clause or provision shall not affect any of the other provisions of this Ordinance Section 13. The Mayor and Council hereby expressly declare the intent and understanding that interest on the Series 2000B Bond shall not be excludable from gross income under the terms of Section 103 of the Internal Revenue Code of 1986, as amended, and the City as issuer shall not file any information report with respect to the issuance of the Series 2000B Bond pursuant to Section 149(e) of said Code. 18 Section 14. All ordinances, resolutions or orders or parts thereof in conflict with the - provisions of this Ordinance are to the extent of such conflict hereby repealed: • Section This.Ordinance shall be published in pamphlet form and take effect as provided by law. - PASSED AND APPROVED this9. lz,day of August,2000. ATTEST: City Cierk BREN1 R. TAYLOR (SEAL) 19 ORDINANCE NO. 1908 AN ORDINANCE RATIFYING AND CONFIRMING THE PASSAGE AND APPROVAL OF ORDINANCE NO. 1907 PASSED AND APPROVED BY THE MAYOR AND COUNCIL OF THE CITY OF BLAIR, NEBRASKA, MAKING CERTAIN DETERMINATIONS AND ORDERING THE PUBLICATION OF THIS ORDINANCE. BE IT ORDAINED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA: Section 1. The Mayor and Council of the City of Blair, Nebraska, hereby find and determine that it is necessary and advisable to ratify and confirm the passage and approval of Ordinance No. 1907, entitled: AN ORDINANCE AUTHORIZING THE ISSUANCE OF A WATER SYSTEM REVENUE BOND, SERIES 2000B, OF THE CITY OF BLAIR, NEBRASKA, IN THE PRINCIPAL RIN AL AMOUNT OF IX S MILLION EIGHT HUNDRED FIFTEEN THOUSAND SEVEN HUNDRED DOLLARS ($6,815,700), IN THE FORM OF A PROMISSORY NOTE ISSUED TO EVIDENCE INDEBTEDNESS TO THE NEBRASKA DEPARTMENT OF ENVIRONMENTAL QUALITY • APPROVING THE FORM OF SAID BOND (ISSUED . AS A SINGLE PROMISSORY NOTE) AND RELATED LOAN AGREEMENT; PLEDGING AND HYPOTHECATING THE REVENUES AND EARNINGS OF THE WATERWORKS PLANT, AND WATER SYSTEM OWNED OR TO BE OWNED BY THE CITY FOR THE PAYMENT OF SAID BOND; PROVIDING FOR THE ISSUANCE AND SALE OF SAID BOND; AUTHORIZING THE DELIVERY OF SAID BOND TO THE NEBRASKA DEPARTMENT OF ENVIRONMENTAL QUALITY; PROVIDING FOR THE COLLECTION, SEGREGATION AND APPLICATION OF THE REVENUES OF SAID WATERWORKS PLANT AND SYSTEM; DETERMINING THAT INTEREST ON SAID BOND SHALL NOT BE EXCLUDABLE FROM GROSS INCOME FOR PURPOSES OF FEDERAL INCOME TAXATION; PROVIDING FOR THE DISPOSITION OF THE PROCEEDS OF SAID BOND AND ORDERING THE ORDINANCE PUBLISHED IN PAMPHLET FORM. Section 2. The Mayor and Council of the City of Blair, Nebraska, hereby ratify and confirm the passage and approval of Ordinance No. 1907 by the Mayor and Council of the City of Blair, Nebraska, at the meeting of August 8, 2000, as adjourned and continued for lack of quorum to August 9, 2000. Section 3. The Mayor and Council find and determine that this ordinance constitutes a measure necessary to carry out the contractual obligations of the City of Blair, Nebraska, relating to construction and other contracts entered into by the City for improvements to the City's water system. Section 4. This Ordinance shall be published in its entirety and shall become effective immediately upon its passage, approval and publication, as provided by law. ATTEST: PASSED AND APPROVED this 22nd day of August, 2000. Ci[v Clerk 10 ORDINANCE NO 1909 AN ORDINANCE AUTHORIZING THE ISSUANCE OF WATER SYSTEM REVENUE REFUNDING BONDS, SERIES 2000, OF THE CITY OF BLAIR, NEBRASKA, IN THE AGGREGATE PRINCIPAL AMOUNT OF THREE MILLION THREE HUNDRED NINETY -FIVE THOUSAND DOLLARS ($3,395,000) FOR THE PURPOSE OF PROVIDING FOR THE PAYMENT AND REDEMPTION OF THE CITY'S OUTSTANDING WATER SYSTEM REVENUE BONDS, SERIES 1996, AND THE CITY'S OUTSTANDING WATER SYSTEM REVENUE REFUNDING BONDS, SERIES 1999; DIRECTING THE APPLICATION OF THE PROCEEDS OF SAID BONDS; PRESCRIBING THE FORM, TERMS AND DETAILS OF SAID BONDS; PLEDGING AND HYPOTHECATING THE REVENUE AND EARNINGS OF THE WATERWORKS PLANT AND WATER SYSTEM OF SAID CITY FOR THE PAYMENT OF SAID BONDS AND INTEREST THEREON; PROVIDING FOR THE COLLECTION, SEGREGATION AND APPLICATION OF THE REVENUES OF SAID WATERWORKS PLANT AND WATER SYSTEM; ENTERING INTO A CONTRACT ON BEHALF OF THE CITY WITH THE HOLDERS OF SAID BONDS; ESTABLISHING A DEFEASANCE ESCROW; AND PROVIDING FOR PUBLICATION OF THIS ORDINANCE IN PAMPHLET FORM. BE IT ORDAINED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA: Section 1. The Mayor and Council of the City of Blair hereby find and determine: (a) The City owns and operates a waterworks plant and system (which plant and system, together with any additions, extensions and improvements thereto hereafter made are hereinafter referred to as the "Water System ") which represents a revenue - producing undertaking of the City; (b) The City has issued and outstanding the following bonds which are a lien upon and secured by a pledge of the revenue and earnings of the Water System (collectively, the "Outstanding Bonds "): (i) Water System Revenue Bonds, Series 1996, Date of Original Issue —June 15, 1996, issued pursuant to Ordinance No. 1783 of the City the "Series 1996 Ordinance "), in the original principal amount of $3,050,000 (the "Series 1996 Bonds "), of which bonds in the principal amount of $1,990,000 remain outstanding and unpaid; and (ii) Water System Revenue Refunding Bonds, Series 1999, Date of Original Issue —January 15, 1999, issued pursuant to Ordinance No. 1867 of the City (the "Series 1999 Ordinance "), in the original principal amount of $1,700,000 (the "Series 1999 13 Bonds "), of which bonds in the principal amount of $1,600,000 remain outstanding and unpaid. The Outstanding Bonds constitute the only presently outstanding indebtedness of the City payable from the revenues of the Water System; (c) The Mayor and Council have previously approved and there has been executed and delivered as of June 27, 2000 a contract by and between the City and Cargill, Inc. (the "Cargill Contract ") relating to payment for water service based upon expanded service capacity to be constructed by the City in the form of improvements to the City's water system (the "2000 Project "). In connection with the issuance of the Series 1996 Bonds and the Series 1999 Bonds, the City has covenanted to take all actions necessary in order to preserve the tax- exempt status of interest on the Series 1996 Bonds and the Series 1999 Bonds. Under the terms of Reg. Sec. 1.141 -12 (the "141 Regulation ") of the Regulations of the United States Treasury relating under Section 141 of the Internal Revenue Code of 1986, as amended (the "Code ") in order to preserve such status in view of the terms and conditions of the Cargill Contract, the City is required to establish a defeasance escrow and provide for the redemption of the Series 1996 Bonds and the Series 1999 Bonds at the earliest permissible redemption date. The Series 1996 Bonds and the Series 1999 Bonds have each been called for redemption of the earliest respective permitted redemption dates and, in order to satisfy the requirements for a defeasance escrow under the 141 Regulation, it is necessary to issue water system revenue refunding bonds which qualify as "exempt facilities bonds" under Section 142 of the Code. (d) the Mayor and Council have previously passed and approved Ordinance No. 1907 (the "DWSRF Ordinance ") authorizing the issuance of $6,815,700 in principal amount of its Water System Revenue Bonds, Series 2000B, to be evidenced by a single instrument which is expected to be issued on or before the issuance and delivery of the bonds herein authorized to evidence a loan from the Nebraska Department of Environmental Quality (said bonds being herein referred to as the "DWSRF Loan"); the terms and conditions of the DWSRF Ordinance and the DWSRF Loan permit the issuance of the bonds herein authorized as "Additional Bonds" of equal lien and standing with the DWSRF Loan under the terms of the DWSRF Ordinance as to pledge of the revenues of the Water System and upon the issuance of the bonds herein authorized both the Series 1996 Bonds and the Series 1999 Bonds will under the terms of their authorizing ordinances no longer be outstanding as to the pledge of such revenues. (e) To satisfy the funding requirements described in this Section 1, it is necessary for the City to issue its Water System Revenue Refunding Bonds, Series 2000, in the total principal amount of $3,395,000 (the "Series 2000 Bonds ") pursuant to Sections 18 -1803 to 18 -1805 R.R.S. Neb. 1997. All conditions, acts and things required by law to exist or to be done precedent to the issuance of the Series 2000 Bonds as provided for in this ordinance (the 14 "Ordinance ") do exist and have been done and performed in regular and due time and form as required by law. Said Series 2000 Bonds will be payable from the revenues of the Water System on a parity with the DWSRF Loan. Section 2. In addition to the definitions provided in parentheses elsewhere in this Ordinance, the following definitions of terms shall apply, unless the context shall clearly indicate otherwise: "Additional Bonds" shall mean any and all bonds hereafter issued by the City pursuant to the terms of this Ordinance which are equal in lien to the Series 2000 Bonds, including any such bonds issued pursuant to Section 13 and refunding bonds issued pursuant to Section 14, as and when such bonds become equal in lien to the Series 2000 Bonds, according to their terms and the terms of said Sections 13 and 14. "Average Annual Debt Service Requirements" shall mean that number computed by adding all of the principal and interest due when computed to the absolute maturity of the bonds for which such computation is required and dividing by the number of years remaining that the longest bond of any issue for which such computation is required has to run to maturity. In making such computation, the principal of any bonds for which mandatory redemptions are scheduled shall be treated as maturing in accordance with such schedule of mandatory redemptions. "Deposit Securities" shall mean direct obligations of or obligations the principal of and interest on which are unconditionally guaranteed by the United States of America. "Maximum Annual Debt Service Requirements" shall mean the maximum aggregate amount of payments of principal and interest due with respect to the bonds for which such computation is required in any one fiscal year with respect to the Water System. In making such computations the principal of any bonds for which mandatory redemptions are scheduled shall be treated as maturing in accordance with such schedule of mandatory redemptions. "Net Revenues" shall mean the gross revenues derived by the City from the ownership or operation of the Water System, including investment income, but not including any income from sale or disposition of any property belonging to or forming a part of the Water System, less the ordinary expenses to the City of operating and maintaining the Water System payable from the Operation and Maintenance Account described in Section 11 of this Ordinance. Operation and maintenance expenses for purposes of determining "Net Revenues" shall not include depreciation, amortization (of financing expenses) or interest on any bonds or other indebtedness. Net Revenues for all purposes of this Ordinance shall be shown by an audit for the fiscal year in question as conducted by 15 independent certified public accountants. For purposes of this ordinance, whether or not in accordance with applicable accounting principles, there shall not be included in revenues or expenses, for purposes of determining Net Revenues, gain or loss from the early extinguishment of indebtedness, investment income from any securities deposited in escrow for the defeasance of the Series 1996 Bonds and the Series 1999 Bonds or unrealized gain or loss on securities held by the City's Water System. "Paying Agent and Registrar" shall mean the City Treasurer of the City of Blair, Nebraska, as appointed to act as the combined paying agent and bond registrar for the Series 2000 Bonds pursuant to Section 4 hereof. Section 3. For the purposes described in Section 1 hereof, there shall be and there are hereby ordered issued the negotiable bonds of the City of Blair, Nebraska, to be known as "Water System Revenue Refunding Bonds, Series 2000" (the "Series 2000 Bonds "), in the principal amount of Three Million Three Hundred Ninety -five Thousand Dollars ($3,395,000), with such Series 2000 Bonds bearing interest at the rates per annum and maturing on June 15 of the years shown in the principal amounts as follows: Date of Maturity Principal Amount Interest Rate June 15, 2001 $170,000 4.70% June 15, 2002 $400,000 4.75% June 15, 2003 $410,000 4.80% June 15, 2004 $430,000 4.85% June 15, 2005 $450,000 4.90% June 15, 2006 $470,000 4.95% June 15, 2007 $120,000 5.00% June 15, 2008 $125,000 5.05% June 15, 2009 $130,000 5.10% June 15, 2010 $135,000 5.15% June 15, 2011 $140,000 5.25% June 15, 2012 $155,000 5.35% June 15, 2013 $160,000 5.45% June 15, 2014 $100,000 5.55% The Series 2000 Bonds shall be issued in fully registered form in the denomination of $5,000 or any integral multiple thereof. The date of original issue for the Series 2000 Bonds shall be the date of delivery thereof. Interest on the Series 2000 Bonds, at the respective rates for each 16 maturity, shall be payable semiannually on June 15 and December 15 of each year, commencing June 15, 2001 (each of said dates an "Interest Payment Date ") and the Series 2000 Bonds shall bear such interest from the date of original issue or the most recent Interest Payment Date, whichever is later. Interest shall be computed on the basis of a 360 -day year consisting of twelve 30 -day months. The interest due on each Interest Payment Date shall be payable to the registered owners of record as of the close of business on the last business day of the month immediately preceding the month in which each Interest Payment Date occurs (the "Record Date "), subject to the provisions of Section 5 hereof. The Series 2000 Bonds shall be numbered from 1 upwards in the order of their issuance. No Series 2000 Bond shall be issued originally or upon transfer or partial redemption having more than one principal maturity. The initial bond numbering and principal amounts for each of the Series 2000 Bonds issued shall be designated by the City's Treasurer as directed by the initial purchaser thereof. Payments of interest due prior to maturity or earlier redemption on the Series 2000 Bonds shall be made by the Paying Agent and Registrar, as designated pursuant to Section 4 hereof, by mailing a check or draft in the amount due for such interest on each Interest Payment Date to the registered owner of each Series 2000 Bond, as of the Record Date for such Interest Payment Date, to such owner's registered address as shown on the books of registration as required to be maintained in Section 4 hereof. Payments of principal and unpaid accrued interest thereon due at maturity or at any date fixed for redemption prior to maturity shall be made by said Paying Agent and Registrar to the registered owners upon presentation and surrender of the Series 2000 Bonds to said Paying Agent and Registrar. The City and said Paying Agent and Registrar may treat the registered owner of any Series 2000 Bond as the absolute owner of such bond for the purpose of making payments thereon and for all other purposes and neither the City nor the Paying Agent and Registrar shall be affected by any 17 notice or knowledge to the contrary, whether such bond or any installment of interest due thereon shall be overdue or not. All payments on account of interest or principal made to the registered owner of any Series 2000 Bond in accordance with the terms of this Ordinance shall be valid and effectual and shall be a discharge of the City and said Paying Agent and Registrar, in respect of the liability upon the Series 2000 Bonds or claims for interest to the extent of the sum or sums so paid. Section 4. The City Treasurer is hereby designated as the Paying Agent and Registrar for the Series 2000 Bonds. The Paying Agent and Registrar shall keep and maintain for the City books for the registration and transfer of the Series 2000 Bonds at the City's Offices, in Blair, Nebraska. The names and registered addresses of the registered owner or owners of the Series 2000 Bonds shall at all times be recorded in such books. Any Series 2000 Bond may be transferred pursuant to its provisions at the office of said Paying Agent and Registrar by surrender of such bond for cancellation, accompanied by a written instrument of transfer, in form satisfactory to said Paying Agent and Registrar, duly executed by the registered owner in person or by such owner's duly authorized agent, and thereupon the Paying Agent and Registrar on behalf of the City will deliver at its office (or send by registered mail to the transferee owner or owners thereof at such transferee owners s or owners' risk and expense), registered in the name of such transferee owner or owners, a new Series 2000 Bond or Series 2000 Bonds of the same interest rate, aggregate principal amount and maturity. To the extent of the denominations authorized for the Series 2000 Bonds by this Ordinance, one such bond may be transferred for several such bonds of the same interest rate and maturity, and for a like aggregate principal amount, and several such bonds may be transferred for one or several such bonds, respectively, of the same interest rate and maturity and for a like aggregate principal amount. In every case of 18 transfer of a Series 2000 Bond, the surrendered Series 2000 Bond or Bonds shall be canceled and destroyed. All Series 2000 Bonds issued upon transfer of the Series 2000 Bonds so surrendered shall be valid obligations of the City evidencing the same obligations as the Series 2000 Bonds surrendered and shall be entitled to all the benefits and protection of this Ordinance to the same extent as the Series 2000 Bonds upon transfer of which they were delivered. The City and said Paying Agent and Registrar shall not be required to transfer any Series 2000 Bond during any period from any Record Date until its immediately following Interest Payment Date or to transfer any Series 2000 Bond called for redemption for a period of 30 days next preceding the date fixed for redemption. Section 5. In the event that payments of interest due on the Series 2000 Bonds on an Interest Payment Date are not timely made, such interest shall cease to be payable to the registered owners as of the Record Date for such Interest Payment Date and shall be payable to the registered owners of the Series 2000 Bonds as of a special date of record for payment of such defaulted interest as shall be designated by the Paying Agent and Registrar whenever monies for the purpose of paying such defaulted interest become available. Section 6. If the date for payment of the principal of or interest on the Series 2000 Bonds shall be a Saturday, Sunday, legal holiday or a day on which banking institutions in the City of Blair, Nebraska, are authorized by law or executive order to close, then the date for such payment shall be the next succeeding day which is not a Saturday, Sunday, legal holiday or a day on which such banking institutions are authorized to close, and payment on such day shall have the same force and effect as if made on the nominal date of payment. Section 7. Series 2000 Bonds maturing on or after June 15, 2006, shall be subject to redemption, in whole or in part, prior to maturity at any time on or after the fifth anniversary of 19 the date of original issue, at par plus accrued interest on the principal amount redeemed to the date fixed for redemption. The City may select the Series 2000 Bonds to be redeemed in its sole discretion, but the Series 2000 Bonds shall be redeemed only in amounts of $5,000 or integral multiples thereof. Any Series 2000 Bond redeemed in part only shall be surrendered to said Paying Agent and Registrar in exchange for a new Series 2000 Bond evidencing the unredeemed principal thereof. Notice of redemption of any Series 2000 Bond called for redemption shall be given at the direction of the City by said Paying Agent and Registrar by mail not less than 30 days prior to the date fixed for redemption, first class, postage prepaid, sent to the registered owner of such Series 2000 Bond at said owner's registered address. Such notice shall designate the Series 2000 Bond or Bonds to be redeemed by maturity or otherwise, the date of original issue and the date fixed for redemption and shall state that such bond or bonds are to be presented for prepayment at the office of said Paying Agent and Registrar. In case of any Series 2000 Bond partially redeemed, such notice shall specify the portion of the principal amount of such bond to be redeemed. No defect in the mailing of notice for any Series 2000 Bond shall affect the sufficiency of the proceedings of the City designating the Series 2000 Bonds called for redemption or the effectiveness of such call for Series 2000 Bonds for which notice by mail has been properly given and the City shall have the right to further direct notice of redemption for any such bond for which defective notice has been given. Section 8. The Series 2000 Bonds shall be in substantially the following form: 20 UNITED STATES OF AMERICA STATE OF NEBRASKA COUNTY OF WASHINGTON CITY OF BLAIR WATER SYSTEM REVENUE REFUNDING BOND SERIES 2000 No. $ Interest Rate Maturity Date Date of Original Issue CUSIP No. June 15, 20 September _, 2000 Registered Owner: Principal Amount: Thousand Dollars ($ KNOW ALL PERSONS BY THESE PRESENTS: That the City of Blair, in the County of Washington, in the State of Nebraska, hereby acknowledges itself to owe and for value received promises to pay, but only from the special sources hereinafter described, to the registered owner specified above, or registered assigns, the principal amount specified above in lawful money of the United States of America on the date of maturity specified above with interest thereon to maturity (or earlier redemption) from the date of original issue or most recent Interest Payment Date, whichever is later, at the rate per annum specified above (said interest to be computed on the basis of a 360 -day year consisting of twelve 30 -day months), payable semiannually on June 15 and December 15 of each year commencing June 15, 2001 (each of said dates an "Interest Payment Date "). The principal hereof and unpaid accrued interest hereon due at maturity or upon earlier redemption are payable upon presentation and surrender of this bond at the office of City Treasurer of the City of Blair, Nebraska, the Paying Agent and Registrar, in Blair, Nebraska. Interest on this bond due prior to maturity or earlier redemption will be paid on each Interest Payment Date by a check or draft mailed by the Paying Agent and Registrar to the registered owner of this bond, as shown on the books of record maintained by the Paying Agent and Registrar, at the close of business on the last business day of the month immediately preceding the month in which the Interest Payment Date occurs, to such owner's address as shown on such books and records. Any interest not so timely paid shall cease to be payable to the person entitled thereto as of the record date such interest was payable, and shall be payable to the person who is the registered owner of this bond (or of one or more predecessor bonds hereto) on such special record date for payment of such defaulted interest as shall be fixed by the Paying Agent and Registrar whenever monies for such purpose become available. This bond is one of an issue of fully registered bonds of the total principal amount of Three Million Three Hundred Ninety -five Thousand Dollars ($3,395,000), of even date and like tenor except as to date of maturity, rate of interest and denomination which were issued by the City for providing for the payment and redemption of the City's outstanding Water System Revenue Bonds, Series 1996, Date of Original Issue June 15, 1996, and the City's outstanding Water System Revenue Refunding Bonds, Series 1999, Date of Original Issue — January 15, 21 1999, in pursuance of Sections 18 -1803 to 18 -1805, R.R.S. Neb. 1997, and has been duly authorized by ordinance (the "Ordinance ") legally passed, approved and published and by proceedings duly had by the Mayor and Council of said City. Any or all of the bonds of said issue maturing on or after June 15, 2006, are subject to redemption at the option of the City, in whole or in part, at any time on or after the fifth anniversary of the date of original issue shown above, at par plus interest accrued on the principal amount redeemed to the date fixed for redemption. Notice of redemption shall be given by mail to the registered owner of any bond to be redeemed at said registered owner's address in the manner specified in the ordinance authorizing said issue of bonds. Individual bonds may be redeemed in part but only in $5,000 amounts or integral multiples thereof. This bond is transferable by the registered owner or such owner's attorney duly authorized in writing at the office of the Paying Agent and Registrar upon surrender and cancellation of this bond, and thereupon a new bond or bonds of the same aggregate principal amount, interest rate and maturity will be issued to the transferee as provided in the Ordinance authorizing said issue of bonds, subject to the limitations therein prescribed. The City, the Paying Agent and Registrar and any other person may treat the person in whose name this bond is registered as the absolute owner hereof for the purpose of receiving payment due hereunder and for all purposes and shall not be affected by any notice to the contrary, whether this bond be overdue or not. If the date for payment of the principal of or interest on this bond shall be a Saturday, Sunday, legal holiday or a day on which banking institutions in the City of Blair, Nebraska, are authorized by law or executive order to close, then the date for such payment shall be the next succeeding day which is not a Saturday, Sunday, legal holiday or a day on which such banking institutions are authorized to close, and payment on such day shall have the same force and effect as if made on the nominal date of payment. The revenue and earnings of the waterworks plant and water system of the City of Blair (as now owned or hereafter acquired, the "Water System ") are pledged and hypothecated, equally and ratably for the payment of this bond and the other bonds of this issue and the City's Combined Utilities Revenue Bonds, Series 2000B, with principal to be drawn up to a maximum amount of $6,815,700 issued to evidence a loan from the Nebraska Department of Environmental Quality (said bonds being referred to herein as the "DWSRF Loan") and any additional bonds of equal priority to the bonds of this issue and the DWSRF Loan issued in accordance with the Ordinance authorizing the bonds of this issue. The bonds of this issue are a lien only upon said revenue and earnings of the Water System and are not general obligations of the City of Blair, Nebraska. The Ordinance authorizing the issuance of this bond and the other bonds of this issue sets forth the covenants and obligations of the City with respect to the Water System and the application of the revenues to be derived therefrom, which revenues are by the terms of said Ordinance to be deposited into the `Blair Water System Fund" and disbursed to make payments of principal and interest on the bonds of this issue and the DWSRF Loan, to pay costs of operation and maintenance, and make other payments as specified in said Ordinance. Said Ordinance recognizes and permits the issuance of the DWSRF Loan, before, after or 22 contemporaneously with the bonds of this issue. Said Ordinance also designates the terms and conditions on which additional bonds of equal lien to the bonds of this issue and the DWSRF Loan may be issued. The City also reserves the right to issue bonds junior in lien to the bonds of this issue, the principal and interest of which are payable from moneys in the "Retained Revenues Account ". of the Blair Water System Fund as described in the Ordinance. Said Ordinance also designates the terms and conditions on which this bond shall cease to be entitled to any lien, benefit or security under such Ordinance and all covenants, agreements and obligations of the City under such Ordinance may be discharged and satisfied at or prior to the maturity or redemption of this bond if monies or certain specified securities shall have been deposited with a designated fiduciary. AS PROVIDED IN THE ORDINANCE REFERRED TO HEREIN, UNTIL THE TERMINATION OF THE SYSTEM OF BOOK - ENTRY -ONLY TRANSFERS THROUGH THE DEPOSITORY TRUST COMPANY, NEW YORK, NEW YORK, (TOGETHER WITH ANY SUCCESSOR SECURITIES DEPOSITORY APPOINTED PURSUANT TO THE ORDINANCE, "DTC "), AND NOTWITHSTANDING ANY OTHER PROVISIONS OF THE ORDINANCE TO THE CONTRARY, A PORTION OF THE PRINCIPAL AMOUNT OF THIS BOND MAY BE PAID OR REDEEMED WITHOUT SURRENDER HEREOF TO THE PAYING AGENT AND REGISTRAR. DTC OR A NOMINEE, TRANSFEREE OR ASSIGNEE OF DTC OF THIS BOND MAY NOT RELY UPON THE PRINCIPAL AMOUNT INDICATED HEREON AS THE PRINCIPAL AMOUNT HEREOF OUTSTANDING AND UNPAID. THE PRINCIPAL AMOUNT HEREOF OUTSTANDING AND UNPAID SHALL FOR ALL PURPOSES BE THE AMOUNT DETERMINED IN THE MANNER PROVIDED IN THE ORDINANCE. UNLESS THIS BOND IS PRESENTED BY AN AUTHORIZED OFFICER OF DTC (A) TO THE PAYING AGENT AND REGISTRAR FOR REGISTRATION OF TRANSFER OR EXCHANGE OR (B) TO THE PAYING AGENT AND REGISTRAR FOR PAYMENT OF PRINCIPAL, AND ANY BOND ISSUED IN REPLACEMENT HEREOF OR SUBSTITUTION HEREOF IS REGISTERED IN THE NAME OF DTC AND ANY PAYMENT IS MADE TO DTC OR ITS NOMINEE, ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSONS IS WRONGFUL BECAUSE ONLY THE REGISTERED OWNER HEREOF, DTC OR ITS NOMINEE, HAS AN INTEREST HEREIN. This bond shall not be valid and binding on the City until authenticated by the Paying Agent and Registrar. IT IS HEREBY CERTIFIED AND WARRANTED that all conditions, acts and things required by law to exist or to be done precedent to and in the issuance of this bond did exist, did happen and were done and performed in regular and due form and time as required by law. 23 IN WITNESS WHEREOF, the Mayor and Council of the City of Blair, Nebraska, have caused this bond to be executed on behalf of the City with the facsimile signatures of the Mayor and the City Clerk and by causing the official seal of the City to be imprinted hereon, all as of the date of original issue specified above. ATTEST: (facsimile simaturel City Clerk (SEAL) CERTIFICATE OF AUTHENTICATION AND REGISTRATION This bond is one of the series designated therein and has been registered to the owner named in said bond and the name of such owner has been recorded in the books of record maintained by the undersigned as Paying Agent and Registrar for said issue of bonds. 24 CITY OF BLAIR, NEBRASKA (facsimile signature) Mayor City Treasurer, Paying Agent and Registrar for the City of Blair, Nebraska Date: For value received hereby sells, assigns, and transfers unto the within bond and hereby irrevocably constitutes and appoints Attorney, to transfer the same on the books of registration in the office of the within mentioned Paying Agent and Registrar with full power of substitution in the premises. Registered Owner Signature Guaranteed By: Authorized Officer (FORM OF ASSIGNMENT) 25 Note: The signature(s) on this assignment MUST CORRESPOND with the name(s) as written on the face of the within bond in every particular, without alteration, enlargement or any change whatsoever, and must be guaranteed by a commercial bank or a trust company or by a firm having membership on the New York, Midwest or other stock exchange. Section 9. Each of the Series 2000 Bonds shall be executed on behalf of the City with the facsimile signatures of the Mayor and the City Clerk and shall have imprinted thereon the City's seal. The Series 2000 Bonds shall be issued initially as "book- entry- only" bonds under the services of The Depository Trust Company (the "Depository"), with one typewritten bond per maturity being issued to the Depository. In such connection said officers are authorized to execute and deliver a Letter of Representations (the "Letter of Representations ") in the form required by the Depository (which may be in the form of one or more instruments or may be a blanket letter previously or contemporaneously executed), for and on behalf of the City, which shall thereafter govern matters with respect to registration, transfer, payment and redemption of the Series 2000 Bonds. In the event of issuance of the Series 2000 Bonds as "book- entry- only" bonds, the following provisions shall apply: (a) The City and the Paying Agent and Registrar shall have 110 responsibility or obligation to any broker - dealer, bank or other financial institution for which the Depository holds Series 2000 Bonds as securities depository (each, a `Bond Participant ") or to any person who is an actual purchaser of a Series 2000 Bond from a Bond Participant while the Series 2000 Bonds are in book -entry form (each, a `Beneficial Owner ") with respect to the following: (i) the accuracy of the records of the Depository, any nominees of the Depository or any Bond Participant with respect to any ownership interest in the Series 2000 Bonds, (ii) the delivery to any Bond Participant, any Beneficial Owner or any other person, other than the Depository, of any notice with respect to the Series 2000 Bonds, including any notice of redemption, or (iii) the payment to any Bond Participant, any Beneficial Owner or any other person, other than the Depository, of any amount with respect to the Series 2000 Bonds. The Paying Agent and Registrar shall make payments with respect to the Series 2000 Bonds only to or upon the order of the Depository or its nominee, and all such payments shall be valid and effective fully to satisfy and discharge the obligations with respect to such Series 26 2000 Bonds to the extent of the sum or sums so paid. No person other than the Depository shall receive an authenticated Bond, except as provided in (e) below. (b) Upon receipt by the Paying Agent and Registrar of written notice from the Depository to the effect that the Depository is unable or unwilling to discharge its responsibilities, the Paying Agent and Registrar shall issue, transfer and exchange Series 2000 Bonds requested by the Depository in appropriate amounts. Whenever the Depository requests the Paying Agent and Registrar to do so, the Paying Agent and Registrar will cooperate with the Depository in taking appropriate action after reasonable notice (i) to arrange, with the prior written consent of the City, for a substitute depository willing and able upon reasonable and customary terms to maintain custody of the Series 2000 Bonds or (ii) to make available Series 2000 Bonds registered in whatever name or names as the Beneficial Owners transferring or exchanging such Series 2000 Bonds shall designate. (c) If the City determines that it is desirable that certificates representing the Series 2000 Bonds be delivered to the ultimate beneficial owners of the Series 2000 Bonds and so notifies the Paying Agent and Registrar in writing, the Paying Agent and Registrar shall so notify the Depository, whereupon the Depository will notify the Bond Participants of the availability through the Depository of bond certificates representing the Series 2000 Bonds. In such event, the Paying Agent and Registrar shall issue, transfer and exchange bond certificates representing the Series 2000 Bonds as requested by the Depository in appropriate amounts and in authorized denominations. (d) Notwithstanding any other provision of this Ordinance to the contrary, so long as any Series 2000 Bond is registered in the name of the Depository or any nominee thereof, all payments with respect to such Series 2000 Bond and all notices with respect to such Series 2000 Bond shall be made and given, respectively, to the Depository as provided in the Letter of Representations. (e) Registered ownership of the Series 2000 Bonds may be transferred on the books of registration maintained by the Paying Agent and Registrar, and the Series 2000 Bonds may be delivered in physical form to the following: (i) any successor securities depository or its nominee; (ii) any person, upon (A) the resignation of the Depository from its functions as depository or (B) termination of the use of the Depository pursuant to this Section. (f) In the event of any partial redemption of a Series 2000 Bond unless and until such partially redeemed bond has been replaced in accordance with the provisions of this Ordinance, the books and records of the Paying Agent and 27 Registrar shall govern and establish the principal amount of such bond as is then outstanding and all of the Series 2000 Bonds issued to the Depository or its nominee shall contain a legend to such effect. If for any reason the Depository resigns and is not replaced, the City shall immediately provide a supply of printed bond certificates, duly executed by manual or facsimile signatures of the Mayor and City Clerk and sealed with the City's seal, for issuance upon the transfers from the Depository and subsequent transfers or in the event of partial redemption. In the event that such supply of certificates shall be insufficient to meet the requirements of the Paying Agent and Registrar for issuance of replacement certificates upon transfer or partial redemption, the City agrees to order printed an additional supply of such certificates and to direct their execution by manual or facsimile signatures of its then duly qualified and acting Mayor and City Clerk and by imprinting thereon or affixing thereto the City's seal. In case any officer whose signature or facsimile thereof shall appear on any Series 2000 Bond shall cease to be such officer before the delivery of such bond (including such certificates delivered to the Paying Agent and Registrar for issuance upon transfer or partial redemption), such signature or such facsimile signature shall nevertheless be valid and sufficient for all purposes the same as if such officer or officers had remained in office until the delivery of such bond. The Series 2000 Bonds shall not be valid and binding on the City until authenticated by the Paying Agent and Registrar. The City Treasurer shall cause the Series 2000 Bonds to be registered in the office of the Auditor of Public Accounts of the State of Nebraska and in the office of the City Treasurer as finance officer of the City. Thereafter the Series 2000 Bonds shall be delivered to the Paying Agent and Registrar for registration and authentication. Upon execution, registration, and authentication of the Series 2000 Bonds, they shall be delivered to the City Treasurer, who is authorized to deliver them to Ameritas Investment Corp., as initial purchaser thereof. The Series 2000 Bonds are hereby sold to said purchaser for the sum of $3,338,982.50 plus accrued interest, if any, thereon to date of 28 payment and delivery. Said initial purchaser shall have the right to direct the registration of the Series 2000 Bonds and the denominations thereof within each maturity, subject to the restrictions of this Ordinance. The officers of the City (or any one of them) are hereby authorized to execute and deliver the Bond Purchase Agreement for and on behalf of the City. The City Clerk shall make and certify a transcript of the proceedings of the Mayor and Council with respect to the 2000 Bonds which shall be delivered to said purchaser. Section 10. The proceeds of the Series 2000 Bonds, including accrued interest, shall be applied concurrently with the delivery of such bonds as follows: (a) Any accrued interest received upon the issuance of the Series 2000 Bonds shall be deposited into the Bond Account established under Section 11 of this Ordinance for credit to the Debt Service Sub - account therein to be applied to make payment next falling due for interest on the Series 2000 Bonds. (b) The net principal proceeds of the Series 2000 Bonds, after payment or provision for payment of all expenses of issuing the Series 2000 Bonds, shall be irrevocably deposited in escrow for the payment of the Series 1996 Bonds and the Series 1999 Bonds under the following terms and conditions: (1) The Series 1996 Bonds and the Series 1999 Bonds have each been called for redemption on their respective earliest permitted redemption dates (each, a "Redemption Date "). The City hereby undertakes to take all actions necessary to provide for the calling and redemption of such bonds on their respective Redemption Dates. (2) Nebraska Trust Company, N.A., is hereby appointed as escrow agent ( "Escrow Agent ") to hold the net proceeds of the Series 2000 Bonds in trust and apply the same to the redemption of the Series 1996 Bonds and the Series 1999 Bonds as called for redemption on their respective Redemption Dates, including payment of principal and interest maturing on or before such Redemption Dates. The Escrow Agent shall serve in such capacity under the terms of an agreement entitled Escrow Agreement (the "Escrow Agreement ") by and between the City and the Escrow Agent. The form of the Escrow Agreement as presented in connection with the adoption of this Ordinance is hereby approved and the Mayor and City Clerk are hereby authorized to execute and deliver the Escrow Agreement in final form with such completions of information and changes as such officers shall deem app..,t,iiate for and on behalf of the City. Under the terms of the Escrow Agreement, the proceeds of the Series 2000 Bonds shall be invested pending application to the redemption of the Outstanding 29 Bonds in direct obligations of the United States of America or in bank depository accounts which are either fully insured or fully secured by collateral securities as required by law for deposits of funds of the City. The officers of the City, or any one or more of them, are hereby authorized to approve any such investments on behalf of the City and the execution and delivery of the Escrow Agreement in final form shall constitute conclusive evidence of such approval. Any such investments made shall mature on or before the Redemption Date. The officers of the City or any one or more of them are hereby authorized to take any and all actions and to make any and all transfers of funds necessary or apps. p.iate in connection with the Escrow Agreement and the defeasance of the Series 1996 Bonds and the Series 1999 Bonds under the terms of their authorizing ordinances and the 141 Regulation. (3) The City hereby covenants and agrees to provide all amounts in addition to the net proceeds of the Series 2000 Bonds necessary to be deposited under the Escrow Agreement to effect the defeasance of the Outstanding Bonds, including amounts held in the debt service funds or accounts for the Outstanding Bonds and amounts in the debt service reserve account for and allocated to the 1996 Bonds remaining after the transfer directed to be made under the terms of Section 11(d) of this Ordinance Section 11. The revenues and earnings of the Water System are hereby pledged and hypothecated for the payment of the Series 2000 Bonds and any Additional Bonds and interest on such Series 2000 Bonds, and any such Additional Bonds, and the City does hereby agree with the holders of said Series 2000 Bonds and Additional Bonds as follows: (a) BLAIR WATER SYSTEM FUND - The entire gross revenues and income derived from the operation of the Water System, including pledges and appropriations from other sources, shall be set aside as collected and deposited in a separate fund designated as the `Blair Water System Fund." For purposes of allocating the monies in the Blair Water System Fund, the City shall maintain the following accounts: (1) Bond Payment Account; (2) Operation and Maintenance Account; (3) Debt Service Reserve Account (with sub - accounts therein); and (4) Retained Revenues Account. (b) BOND PAYMENT ACCOUNT - Out of the Blair Water System Fund there shall be credited monthly on or before the first day of each month to the Bond Payment Account, starting with the month of October, 2000, the following amounts: 1) during the period from and including October 1, 2000 to and including June 1, 2001, an amount equal to 1 /9th of 30 the interest payment due on the Series 2000 Bonds on June 15, 2001; 2) during the period from and including July 1, 2001 until the Series 2000 Bonds have been paid in full, an amount equal to 1 /6th of the next maturing semiannual interest payment due on the Series 2000 Bonds; 3) during the period from and including October 1, 2000 to and including June 1, 2001, an amount equal to 1 /9th of the principal payment for the Series 2000 Bonds due on June 15, 2001 4) during the period from and including July 1, 2001 until the Series 2000 Bonds have been paid in full, an amount equal to 1 /12th of the next maturing principal payment for the Series 2000 Bonds; and (5) During such periods and in such amounts, all such payments are as required under the terms of the DWSRF Ordinance with respect to the DWSRF Loan. The City Treasurer is hereby authorized and directed, without further authorization, to withdraw monies credited to the Bond Payment Account, or if the monies in such Account are insufficient, then from the Debt Service Reserve Account (as and to the extent that amounts are available in a sub - account therein designated in the authorizing ordinance for each issue) and next from the Retained Revenues Account, an amount sufficient to pay, when due, the principal of and interest on the Series 2000 Bonds, the DWSRF Loan or any Additional Bonds and to transfer the appropriate amounts due to the direct payee for the DWSRF Loan, the respective paying agent or direct payee for any issues of Additional Bonds and the Paying Agent and Registrar, on or before each principal and interest payment date. Upon the issuance of any Additional Bonds pursuant to this Ordinance, appropriate additional credits to the Bond Payment Account shall be provided for sufficient to pay principal and interest on said Additional Bonds. (c) OPERATION AND MAINTENANCE ACCOUNT - After any credits required to be made by the foregoing subparagraph (b) have been made in full, out of the Blair Water System Fund there shall be monthly credited into the Operation and Maintenance Account such amounts as the City shall from time to time determine to be necessary to pay the reasonable and necessary expenses of operating and maintaining the Water System, and the City may withdraw funds credited to the Operation and Maintenance Account as necessary from time to time to pay such expenses. As an operational expense the City shall pay any and all administrative fees required to be paid in connection with the DWSRF Loan. 31 (d) DEBT SERVICE RESERVE ACCOUNT - Within the Debt Service Reserve Account there shall be established separate sub - accounts for each series of bonds payable on a parity from the revenues of the Water System with the Series 2000 Bonds and the DWSRF Loan, as shall be deemed appiv by the Mayor and Council in connection with each such issue. No sub - account for the DWSRF Loan has been or is to be established under the DWSRF Ordinance based upon determinations of the Mayor and Council. For the Series 2000 Bonds there is hereby ordered established the Series 2000 Debt Service Reserve Sub - account into which there shall be deposited, from funds of the City on hand in the debt service reserve account for and as allocated to the Series 1999 Bonds until such account and allocation has been fully applied and thereafter from the debt service reserve account for and as allocated to the Series 1996 Bonds, the sum of $339,500 which shall be maintained as the required balance until the Series 2000 Bonds maturing on or before June 15, 2006 have been paid in full and thereafter the required amount to be maintained in the Series 2000 Debt Service Reserve Sub - account shall be maintained at an amount not less than the Maximum Annual Debt Service Requirements for the Series 2000 Bonds remaining outstanding (as the required balance). so long as any of the Series 2000 Bonds remain outstanding, provided that amounts in the Series 2000 Debt Service Reserve Sub - account equal to the reduction in the required balance shall be applied to pay principal falling due on June 15, 2006 and the required credits for such principal payments as set forth in Subsection 11(b) shall be deemed satisfied in such year by such amount to be so applied. Monies credited to the Series 2000 Debt Service Reserve Sub - account may be withdrawn, as needed, to provide funds to pay when due the principal of and interest on the Series 2000 Bonds, if the Bond Payment Account contains insufficient funds for such purpose, and the City Treasurer is hereby authorized and directed to make such withdrawal if and when needed. The Series 2000 Debt Service Reserve Sub - account has been established with respect to and shall be maintained for the security of the Series 2000 Bonds only. In the event of any withdrawal from the Series 2000 Debt Service Reserve Sub - account but subject to allocation among other sub - accounts in the Debt Service Reserve Account as described below, there shall be credited to the Series 2000 Debt Service Reserve Sub - account in the month following such withdrawal all monies in the Blair Water System Fund remaining after making the payments required to be made in such month to the Bond Payment Account and the Operation and Maintenance Account and each month thereafter all such remaining monies shall be credited to the Series 2000 Debt Service Reserve Sub - account until such sub - account has been restored to the required balance. In issuing any series of Additional Bonds a separate sub - account in the Debt Service Reserve Account may be established for such series of Additional Bonds but is not required under the terms of this Ordinance. The balance in any such additional sub - account may be funded from monies on hand or from periodic deposits from revenues in the Blair Water System Fund or from the proceeds of such Additional Bonds. Each sub - account in the Debt Service Reserve Account shall be of equal standing with each other sub - account in the 32 Debt Service Reserve Account and available monies from the Blair Water System Fund required to be credited to each such sub - account at any time shall be allocated on a pro rata basis between sub - accounts then requiring credits in accordance with the respective unpaid principal amounts then outstanding for each such issue for which there is a sub - account requiring credits. Each sub - account in the Debt Service Reserve Account shall constitute a separate fund held in trust by the City Treasurer for the separate benefit of the issue of bonds for which it is established. Anything in this Subsection 11(d) to the contrary notwithstanding, the amount required to be maintained in the Debt Service Reserve Account or any sub - account therein shall not at any time exceed the maximum amount permitted to be invested without yield restriction under Section 148 of the Code or any successor provision or related statutory limitation and applicable regulations of the United States Treasury Department. (e) RETAINED REVENUES ACCOUNT Monies in the Blair Water System Fund remaining after the credits required in the foregoing Subsections (b), (c) and (d) shall be credited to the Retained Revenues Account. Monies in the Retained Revenues Account may be used to make up any deficiencies in any of the preceding Accounts, to retire any of the Series 2000 Bonds, the DWSRF Loan or any Additional Bonds prior to their maturity, to pay principal of and interest on any junior lien water system revenue bonds or notes or to provide for any other lawful purpose of the City as directed by the Mayor and City Council. The provisions of this Section 11 shall require the City to maintain a set of books and records in accordance with such accounting methods and procedures as are generally applicable to municipal utility enterprises, which books and records shall show credits to and expenditures from the several Accounts required by this Section. Except as specified below for the Debt Service Reserve Account, the City shall not be required to establish separate bank or investment accounts for said Accounts. Monies credited to the Debt Service Reserve Account or any sub - account therein shall, if maintained in a demand or time deposit account, be kept in a separate account and not commingled with other City or Water System funds. If invested, monies credited to the Debt Service Reserve Account or any sub - account therein may be commingled with other City funds, including Water System funds, so long as the City maintains books and records clearly identifying the specific investments, or portions thereof, which belong to the Debt Service Reserve Account and specific sub - account therein. Monies in any of said Accounts 33 except the Debt Service Reserve Account may be invested in permissible investments for a City of the class to which the City of Blair belongs as of the time of such investment. Monies in the Debt Service Reserve Account or any sub - account therein may be invested in Deposit Securities or in certificates of deposit, savings accounts or other interest bearing accounts in banks which are members of the Federal Deposit Insurance Corporation, except that whenever the amount so deposited exceeds the amount of the F.D.I.C. insurance available thereon, the excess shall be secured in the manner required by Section 16 -715 R.R.S. Neb. 1997. Investments made from or attributable, in whole or in part, to the Debt Service Reserve Account shall mature or be redeemable at the option of the holder, without penalty, in not more than ten years. Investments made from or attributable to the Bond Payment Account shall mature or be redeemable at the option of the holder by no later than the time monies are required for payments due from such account. Income from or profit realized from investment for any Account shall be credited to such Account until such Account contains any amount then required to be therein, and thereafter such income or profit shall be transferred to the Blair Water System Fund and treated as other revenues from the operation of the Water System. Section 12. So long as any of the Series 2000 Bonds, the DWSRF Loan and any Additional Bonds issued pursuant to this Ordinance shall remain outstanding and unpaid, the City covenants and agrees to establish, revise, from time to time as necessary, and collect such rates and charges for the water and water service furnished from the Water System adequate to produce revenues and earnings sufficient at all times: (a) To provide funds to pay, when due, the principal of and interest on the Series 2000 Bonds, the DWSRF Loan and any Additional Bonds issued pursuant to this Ordinance. (b) To pay all proper and necessary costs of operation and maintenance of the Water System and to pay for the necessary and proper repairs, 34 replacements, enlargements, extensions and improvements to the Water System, including payment as the same fall due of any administrative fees related to the DWSRF Loan. (c) To provide funds sufficient to make the credits into the Accounts and at the times and in the amounts required by Section 11 of this Ordinance (d) To maintain Net Revenues in each fiscal year adopted by the City for the Water System in an amount not less than 1.25 times the total amount of principal paid or payable (exclusive of any principal redeemed prior to maturity other than principal redeemed pursuant to a schedule of mandatory redemptions) and interest falling due during such fiscal year on the Series 2000 Bonds, the DWSRF Loan and any Additional Bonds issued pursuant to this Ordinance. Section 13. The DWSRF Loan shall be authorized on a parity with the Series 2000 Bonds as described in this Ordinance without further condition and whether or not issued before, contemporaneously with or after the issuance of the Series 2000 Bonds. To provide funds for any purpose related to the Water System, the City may issue Additional Bonds (other than Additional Bonds issued for refunding purposes which are governed by Section 14 of this Ordinance) payable from the revenues of the Water System having equal priority and on a parity with the Series 2000 Bonds, the DWSRF Loan and any Additional Bonds then outstanding, only upon compliance with the following conditions: (a) Such Additional Bonds shall be issued only pursuant to an ordinance which shall provide for an increase in the monthly credits into the Bond Payment Account in amounts sufficient to pay, when due, the principal of and interest on the Series 2000 Bonds, the DWSRF Loan and any Additional Bonds then outstanding and the proposed Additional Bonds. (b) The City shall have complied with one or the other of the two following requirements: 1) The Net Revenues derived by the City from its Water System for the fiscal year next preceding the issuance of the Additional Bonds shall have been at least equal to 1.30 times the Average Annual Debt Service Requirements of the Series 2000 Bonds, the DWSRF Loan and any Additional Bonds, all as then outstanding, and of the proposed Additional Bonds; or 35 2) The City shall have received a projection made by a consulting engineer or firm of consulting engineers, or by a certified public account or firm of certified public accounts (either one of which shall be recognized as having experience and expertise in municipal utility systems) projecting that the Net Revenues of the Water System in each of the three full fiscal years after the issuance of such Additional Bonds will be at least equal to 1.35 times the Average Annual Debt Service Requirements of the Series 2000 Bonds, the DWSRF Loan and any Additional Bonds, all as then outstanding, and of the proposed Additional Bonds. In making such projection, the consulting engineer or accountant shall use as a basis the Net Revenues of the Water System during the last fiscal year for which an independent audit has been prepared and shall adjust such Net Revenues as follows: (A) to reflect changes in rates which have gone into effect since the beginning of the fiscal year for which the audit was made, (B) to reflect such engineer's or accountant's estimate of the net increase over or net decrease under the Net Revenues of the Water System for the fiscal year for which the audit was made by reason of: (i) changes of amounts payable under existing contracts for services; (ii) additional general income from sales to customers under existing rate schedules for various classes of customers or as such schedules may be revised under a program of changes which has been adopted by the Mayor and Council of the City; (iii) projected revisions in costs for labor, wages, salaries, machinery, equipment, supplies and other operational items; (iv) revisions in the amount of service to be supplied and any related administrative or other costs associated with such increases due to increased supply from the acquisition of any new facility; (v) anticipated receipts from service to any additional customer or customers for the Water System; and (vi) such other factors affecting the projections of revenues and expenses as the consulting engineer or accountant deems reasonable and proper. Annual debt service on any proposed Additional Bonds to be issued may be estimated by the consulting engineer or certified public accountant in projecting Average Annual Debt Service Requirements, but no Additional Bonds shall be issued requiring any annual debt service payment in excess of the amount so estimated by the consulting engineer or certified public accountant in any final projections furnished to the City. 36 If the City shall find it desirable it shall also have the right when issuing Additional Bonds to combine with its Water System any other utilities of the City authorized to be combined under Sections 19 -1305 through 19 -1308 or 18 -1803 through 18 -1805 R.R.S. Neb. 1997, and to cause all of the revenues of such combined utilities systems to be paid into the Blair Water System Fund, which fund may be appropriately redesignated, and to provide that all of the Series 2000 Bonds, DWSRF Loan and any Additional Bonds previously issued, all as then outstanding, and the proposed issue of Additional Bonds shall be payable from the revenues of such combined utilities and shall stand on a parity and in equality as to security and payment, provided, however, no utility shall be combined with the Water System as contemplated in this paragraph unless the conditions of subsection 13(a) shall have been satisfied and the Net Revenues of the combined utilities systems shall satisfy one or the other of the requirements for Additional Bonds provided in subsection 13(b) above. For purposes of meeting such requirements, the definition of Net Revenues shall be altered to .include the gross revenues of the additional utility or utilities and to take into consideration ordinary expenses of operating and maintaining the additional utility or utilities. In making any projections the consulting engineer or certified public accountant shall take into consideration the factors described in 13(b)(2) above with respect to such additional utility or utilities. Net Revenues of the additional utility or utilities shall be based upon the report or reports of independent certified public accountants in the same manner as is required under subsection 13(b) above. Section 14. The City may issue refunding bonds, which shall qualify as Additional Bonds under this Section 14, to refund any Series 2000 Bonds, the DWSRF Loan or Additional Bonds without compliance with the provisions of subsection 13(b) above, provided that, if any such Series 2000 Bonds, DWSRF Loan or Additional Bonds are to remain outstanding after the 37 issuance of such refunding bonds, the principal payments due in any calendar year in which those bonds which are to remain outstanding mature, or in any calendar year prior thereto, shall not be increased over the amount of such principal payments due in such calendar years immediately prior to such refunding. The City may also issue refunding bonds which shall qualify as Additional Bonds of equal lien to refund any Series 2000 Bonds, the DWSRF Loan or Additional Bonds then outstanding, provided, that if any such Series 2000 Bonds, DWSRF Loan or Additions Bonds then outstanding are to remain outstanding after the application of the proceeds of the refunding bonds to the payment of the bonds which are to be refunded, such issuance must comply with the Net Revenues test set forth in Subsection 13(b)(1) of this ordinance and, if the proceeds of such refunding bonds are not to be applied immediately to the satisfaction of the bonds which are to be refunded, then such refunding bonds must provide by their terms that they shall be junior in lien to all Series 2000 Bonds, DWSRF Loan and any Additional Bonds outstanding at the time of issuance of such refunding bonds until the time of application of their proceeds to the satisfaction of the bonds which are to be refunded. In computing Average Annual Debt Service Requirements to show compliance with said Net Revenues test for such refunding bonds, all payments of principal and interest due on such refunding bonds from the time of their issuance to the time of application of the proceeds of such refunding bonds to the satisfaction of the bonds which are to be refunded shall be excluded from such computation to the extent that such principal and interest are payable from sources other than the revenues of the Water System, such as bond proceeds or investment earnings on bond proceeds, or from monies in the Retained Revenues Account, and all payments of principal and interest due on the bonds which are to be refunded from and after the time of such application shall also be excluded. For purposes of this paragraph of this Section 14, the time of application 38 of the proceeds of the refunding bonds to the satisfaction of the bonds which are to be refunded shall be the time of deposit with the paying agent for such bonds which are to be refunded pursuant to Section 10 -126 R.R.S. Neb. 1997 (or any successor statutory provision thereto) or the time when such bonds which are to be refunded under the terms of their authorizing ordinance or ordinances are no longer deemed to be outstanding, whichever occurs sooner. Section 15. The City hereby covenants and agrees that so long as any of the Series 2000 Bonds, the DWSRF Loan and any Additional Bonds are outstanding, it will not issue any bonds or notes payable from the revenues of the Water System except in accordance with the provisions of this Ordinance, provided, however, the City reserves the right to issue bonds or notes which are junior in lien to the Series 2000 Bonds, the DWSRF Loan and any such Additional Bonds with the principal and interest of such bonds or notes to be payable from monies credited to the Retained Revenues Account as provided in Subsection 11(f). The term "Additional Bonds" as used in this ordinance refers only to such bonds as are payable from the revenues of the Water System on a parity with the Series 2000 Bonds and the DWSRF Loan and are issued in accordance with the terms of said Sections 13 and 14. Section 16. So long as any Series 2000 Bonds, the DWSRF Loan or Additional Bonds are outstanding, the City hereby covenants and agrees as follows: (a) The City will maintain the Water System in good condition and will continuously operate the same in a reasonable and efficient manner, and the City will, punctually perform all the duties with reference to said system required by the Constitution and statutes of the State of Nebraska, but this covenant shall not prevent the City from discontinuing the use and operation of all or any portion of the Water System so long as the revenues derived from the City's ownership of the properties constituting the Water System shall be sufficient to fulfill this City's obligations under Section 12 of this Ordinance (b) The City will not grant any franchise or right to any person, firm or corporation to own or operate a water system in competition with that owned by the City. 39 (c) The City will maintain insurance on the property constituting the Water System (other than such portions of the system as are not normally insured against loss by casualty) in the amounts and against the risks customarily carried by similar utilities, but including fire and extended coverage insurance in an amount which would enable the City to repair, restore or replace the property damaged to the extent necessary to make the Water System operable in an efficient and proper manner to carry out the City's obligations under this Ordinance The Mayor and Council shall annually, within one month after the end of each fiscal year adopted by the City for the Water System examine the amount of insurance carried with respect to the Water System and shall evidence approval of such insurance by resolution. The proceeds of any such insurance received by the City shall be used to repair, replace or restore the property damaged or destroyed to the extent necessary to make the Water System operable in an efficient and proper manner, and any amount of insurance proceeds not so used shall be credited to the Retained Revenues Account. In the event of any such insured casualty loss, the City may advance funds to make temporary repairs or provide for an advance on costs of the permanent repair, restoration or replacement from the Operation and Maintenance Account and any such advances shall be repaid from insurance proceeds received. The City agrees to obtain and maintain so long as any of the Series 2000 Bonds are outstanding, as and to the extent available from insurance carriers authorized to provide insurance in the State of Nebraska, business interruption insurance or loss of earnings insurance providing a monthly coverage amount of not less than $123,500 for a covered period of not less than six months (subject to actual loss experience) (d) The City will keep proper books, records and accounts separate from all other records and accounts in which complete and correct entries will be made of all transactions relating to the Water System. The City will have its operating and financial statements relating to the Water System audited annually by a certified public accountant or firm of certified public accountants. The City will furnish to the original purchaser of the Series 2000 Bonds and to the original purchaser or purchasers of each series of Additional Bonds issued hereunder, within four months after the end of each fiscal year of the Water System, a copy of the financial statements of the Water System and the report thereon of the certified public accountants. (e) The City shall cause each person handling any of the monies in the Blair Water System Fund to be bonded by an insurance company licensed to do business in Nebraska in an amount or amounts deemed sufficient to cover at all times the maximum amount of money belonging to the Water System in the possession or control of any such person. The amount of such bond or bonds shall be fixed by the Mayor and Council and the costs thereof shall be paid as an operating and maintenance expense from the Operation and Maintenance Account. 40 (f) So long as the City is current with all payments or credits required to be made under Section 11 hereof and is also in compliance with the covenants of Section 12 hereof, the City may pay for water service used by it at such rate or rates as shall be determined by the Mayor and Council. In the event that the City is not in compliance with the provisions of said Sections 11 and 12 hereof, the City shall be required to pay for water service used by it at the rate or rates applicable to such usage as fixed by the City's water rate ordinances then in effect. (g) The City covenants and agrees for the benefit of the registered owners of the Series 2000 Bonds that it will observe all contractual obligations provided for in the DWSRF Ordinance and any agreement or agreements relating to the DWSRF Loan. (h) The City agrees that so long as the Series 2000 Bonds are outstanding and unpaid it will keep in force and effect the Cargill Contract and will not amend the provisions thereof in any manner which reduces amounts payable thereunder to any level which would cause the City to be in violation of the provisions of Section 12 of this Ordinance. Section 17. The City's obligations under this Ordinance and the liens, pledges, covenants, and agreements of the City herein made or provided for, shall be frilly discharged and satisfied as to the Series 2000 Bonds issued pursuant to this Ordinance and any such bonds shall no longer be deemed outstanding hereunder if such bonds shall have been purchased and canceled by the City, or when payment of the principal of and interest thereon to the respective date of maturity or redemption (a) shall have been made or caused to be made in accordance with the terms thereof; or (b) shall have been provided for by depositing with a national or state bank having trust powers, or trust company, in trust solely for such payment (1) sufficient money to make such payment or (2) Deposit Securities in such amount and bearing interest at such rates and payable at such time or times and maturing or redeemable at stated fixed prices at the option of the holder as to principal at such time or times as will ensure the availability of sufficient money to make such payment; provided, however, that with respect to any bond to be paid prior to maturity, the City shall have duly given notice of redemption of such bonds as provided by law or made irrevocable provisions for the giving of such notice. Any such money so deposited 41 with a bank or trust company may be invested and reinvested in Deposit Securities at the direction of the City, and all interest and income from such Deposit Securities in the hands of such bank or trust company in excess of the amount required to pay principal of and interest on the bonds for which such monies were deposited, shall be paid over to the City as and when collected. For purposes of this Section 17, any Deposit Securities shall be non - callable or callable only at the option of the holder. Section 18. The terms and provisions of this Ordinance do and shall constitute a contract between the City of Blair and the registered owners of the Series 2000 Bonds and no changes, variations or alterations of any kind, except for changes necessary to cure any ambiguity, formal defect or omission, shall be made to this Ordinance without the written consent of the registered owners of two - thirds (2 /3rds) in principal amount of the Series 2000 Bonds then outstanding, provided, however, that neither the principal and interest to be paid upon any bond or the maturity date of any bond shall be changed without the written consent of all registered owners of the Series 2000 Bonds then outstanding affected thereby. The registered owner of any Series 2000 Bond or Bonds may, either in law or in equity, by suit, action, mandamus or other proceeding, enforce or compel performance of any and all of the acts and duties required by this Ordinance, and any court of competent jurisdiction may, after default in payment of principal or interest or performance of any other obligations under this Ordinance, on application of any such holder, appoint a receiver to take charge of the Water System and operate the same and apply the earnings thereof to the payment of the principal of and interest on bonds issued pursuant to this Ordinance in accordance with the provisions hereof, the provisions of the DWSRF Ordinance and any ordinance authorizing Additional Bonds. 42 Section 19. The Mayor and City Clerk of the City are hereby authorized to do all things and execute all such documents as may by them be deemed necessary and proper to complete the issuance and sale of the Series 2000 Bonds as contemplated by this Ordinance Section 20. The City hereby covenants to the purchasers and holders of the Series 2000 Bonds hereby authorized that it will make no use of the proceeds of said bond issue, including monies held in any sinking fund for the Series 2000 Bonds, which would cause the Series 2000 Bonds to be arbitrage bonds within the meaning of Sections 103(b) and 148 of the Internal Revenue Code of 1986, as amended (the "Code "), and further covenants to comply with said Sections 103(b) and 148 and all applicable regulations thereunder throughout the term of said bond issue. The City hereby covenants and agrees to take all actions necessary under the Code to maintain the tax exempt status (as to taxpayers generally but not with respect to any "substantial user" or "related person" as defined in Section 147 of the Code) of interest payable on the 2000 Bonds, including payment of any rebate amount required under Section 148 of the Code. The officers of the City (or any one or more of them) are hereby authorized to make any allocations, certifications, elections and filings deemed necessary in connection with the maintaining the status of interest on the Series 2000 Bonds as excludable from gross income under the Code and in connection with the defeasance escrow for the Outstanding Bonds as established under the terms of this Ordinance. Section 21. In accordance with the requirements of Rule 1 5c2 -12 (the "Rule ") promulgated by the Securities and Exchange Commission, the City hereby agrees that it will provide the following continuing disclosure information: (a) to each nationally recognized municipal securities information repository (a "NRMSIR ") and to the initial purchaser of the Series 2000 Bonds, the City shall provide annual financial and operating information generally consistent with the information set forth under the heading "FINANCIAL 43 STATEMENT" - in the Official Statement for said bonds, information concerning the rates and number of users for the Water System and the City's audited financial statements; such information is expected to be available not later than seven months after the end of each fiscal year for the City; audited financial information shall be provided for governmental and fiduciary fund types based on revenues collected and expenses paid, which is not in conformity with generally accepted accounting principles, and as to proprietary fund types Oil an accrual basis; (b) in a timely manner to each NRMSIR or to the Municipal Securities Rule Making Board ( "MSRB "), notice of the occurrence of any of the following events with respect to the Series 2000 Bonds, if in the judgment of the City, such event is material: (1) principal and interest payment delinquencies, (2) non - payment related defaults, (3) unscheduled draws on debt service reserves reflecting financial difficulties, (4) unscheduled draws on credit enhancements reflecting financial difficulties; (5) substitution of credit or liquidity providers, or their failure to perform; (6) adverse tax opinions or events affecting the tax - exempt status of the Series 2000 Bonds, (7) modifications to rights of the Bondholders, (8) bond calls, (9) defeasances, (10) release, substitution, or sale of property securing repayment of the Series 2000 Bonds, and (11) rating changes. The City has not undertaken to provide notice of the occurrence of any other material event, except the events listed above. (c) in a timely manner to each NRMSIR or to the Municipal Securities Rule. Making Board ( "MSRB ") notice of any failure on the part of the 44 City to provide required annual financial information not later than seven months from the close of the City's fiscal year. The City reserves the right to modify from time to time the specific types of information provided or the format of the presentation of such information, to the extent necessary or appropriate in the judgment of the City, consistent with the Rule. The City hereby agrees that such covenants are for the benefit of the registered owners of the Series 2000 Bonds (including Beneficial Owners) and that such covenants may be enforced by any registered owner or Beneficial Owner, provided that any such right to enforcement shall be limited to specific enforcement of such undertaking and any failure shall not constitute an event of default under the Ordinance. The continuing disclosure obligations of the City under the Ordinance, as described above, shall cease when none of the Series 2000 Bonds remain outstanding. Section 22. If any section, paragraph, clause or provision of this Ordinance shall be held invalid, the invalidity of such section, paragraph, clause or provision shall not affect any of the other provisions of this Ordinance Section 23. The Preliminary Official Statement is hereby approved and the Mayor and City Clerk are hereby authorized to approve on behalf of the City a final Official Statement with any changes deemed appropriate by them. 45 Section 24. This Ordinance shall be published in pamphlet form and shall be in force and take effect from and after its passage and approval according to law. PASSED AND APPROVED this 22nd day of August, 2000. ATTEST: (SEAL) 46 Motion for adjournment was duly made, seconded and on roll call vote was declared duly adopted by the Temporary Acting Mayor. I the undersigned City Clerk for the City of Blair, Nebraska, hereby certify that the foregoing is a true and correct copy of the proceedings had and done by the Mayor and Council on August 22, 2000; that all of the subjects included in the foregoing proceedings were contained in the agenda for the meeting, kept continually current and readily available for public inspection at the office of the City Clerk; that such subjects were contained in said agenda for at least twenty -four hours prior to said meeting; that at least one copy of all reproducible material discussed at the meeting was available at the meeting for examination and copying by members of the public; that the said minutes from which the foregoing proceedings have been extracted were in written form and available for public inspection within ten working days and prior to the next convened meeting of said body; that all news media requesting notification concerning meetings of said body were provided advance notification of the time and place of said meeting and the subjects to be discussed at said meeting. 47 to91 City Clerk NOTICE OF PUBLICATION OF ORDINANCE IN PAMPHLET FORM On August 22, 2000, the Mayor and Council of the City of Blair, Nebraska, passed and approved Ordinance No. 1909, entitled: AN ORDINANCE AUTHORIZING THE ISSUANCE OF WATER SYSTEM REVENUE REFUNDING BONDS, SERIES 2000, OF THE CITY OF BLAIR, NEBRASKA, IN THE AGGREGATE PRINCIPAL AMOUNT OF THREE MILLION THREE HUNDRED NINETY - FIVE THOUSAND DOLLARS ($3,395,000) FOR THE PURPOSE OF PROVIDING FOR THE PAYMENT AND REDEMPTION OF THE CITY'S OUTSTANDING WATER SYSTEM REVENUE BONDS, SERIES 1996, AND THE CITY'S OUTSTANDING WATER SYSTEM REVENUE REFUNDING BONDS, SERIES 1999; DIRECTING THE APPLICATION OF THE PROCEEDS OF SAID BONDS; PRESCRIBING THE FORM, TERMS AND DETAILS OF SAID BONDS; PLEDGING AND HYPOTHECATING THE REVENUE AND EARNINGS OF THE WATERWORKS PLANT AND WATER SYSTEM OF SAID CITY FOR THE PAYMENT OF SAID BONDS AND INTEREST THEREON; PROVIDING FOR THE COLLECTION, SEGREGATION AND APPLICATION OF THE REVENUES OF SAID WATERWORKS PLANT AND WATER SYSTEM; ENTERING INTO A CONTRACT ON BEHALF OF THE CITY WITH THE HOLDERS OF SAID BONDS; ESTABLISHING A DEFEASANCE ESCROW; AND PROVIDING FOR PUBLICATION OF THIS ORDINANCE IN PAMPHLET FORM. Said ordinance was published in pamphlet form and copies thereof are available at the office of the City Clerk, in Blair, Nebraska. 48 2.iu` lael City Clerk ORDINANCE NO. 1910 AN ORDINANCE AUTHORIZING THE ISSUANCE OF VARIOUS PURPOSE BONDS OF THE CITY OF BLAIR, NEBRASKA, IN THE PRINCIPAL AMOUNT OF NINE HUNDRED THIRTY THOUSAND DOLLARS ($930,000) FOR THE PURPOSE OF PAYING THE COSTS OF IMPROVING STREETS AND INTERSECTIONS IN STREET IlVIPROVEMENT DISTRICT NOS. 173 AND 176; DIRECTING THE APPLICATION OF THE PROCEEDS OF SAID BONDS; PRESCRIBING THE FORM OF SAID BONDS; PROVIDING FOR THE LEVY AND COLLECTION OF TAXES TO PAY THE SAME; PROVIDING FOR THE SALE OF THE BONDS; AUTHORIZING THE DELIVERY OF THE BONDS TO THE PURCHASER; AND ORDERING THE ORDINANCE PUBLISHED IN PAMPHLET FORM. BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF BLAIR, NEBRASKA: Section 1. The Mayor and Council hereby find and determine: that pursuant to ordinances heretofore duly enacted, Street Improvement District Nos. 173 and 176, were created in said City and certain street improvements were constructed in said Districts; that said improvements have been completed and accepted and hereby are accepted by the City; that the cost of said improvements, as reported by the City's Engineer, is not less than $1,433,713, of which $1,420,713 is District cost and $13,000 is the cost of improving intersections and areas formed by the crossing of streets, avenues or alleys and one -half of the streets adjacent to real estate owned by the City; that additional miscellaneous costs including interest on warrants or other indebtedness and issuance costs have been or are being incurred for said improvements; that special assessments have been or shall be levied according to law on the real estate in certain of said Districts specially benefited by said improvements and such special assessments are valid liens on the lots and tracts of land upon which they are assessed; that after applying available monies collected from the special assessments and other funds available for such purpose, there still remains due and payable from the City on the district costs not less than $917,000 and on the intersection costs not less than $13,000; that all conditions, acts and things required by law to exist or to be done precedent to the issuance of Intersection Improvement Bonds in the amount of $13,000 pursuant to Section 16 -626 R.R.S. Neb. 1997, and to the issuance of Street Improvement Bonds of said Districts in the amount of $917,000 pursuant to Section 16 -623 R.R.S. Neb. 1997, do exist and have been done as required by law. Section 2. The Mayor and Council of the City of Blair, Nebraska, further find and determine: That all conditions, acts and things required to exist or to be done precedent to the issuance of Various Purpose Bonds of the City of Blair, Nebraska, in the principal amount of Nine Hundred Thirty Thousand Dollars ($930,000) under Sections 18 -1801 and 18 -1802 R.R.S. Neb. 1997, as amended, to pay the cost of improvements mentioned in Section 1 hereof do exist and have been done as required by law. Section 3. For the purposes described in Section 1 hereof there shall be and there are hereby ordered issued, Various Purpose Bonds, Series 2000, of the City of Blair, Nebraska, in the principal amount of Nine Hundred Thirty Thousand Dollars ($930,000) (the "Series 2000 Bonds ") with said bonds bearing interest at the rates per annum (said interest to be computed on the basis of a 360 -day year consisting of twelve 30 -day months) and maturing on October 15 of each year in the principal amounts as follows: Principal Interest Amount Date of Maturity Rate $45,000 October 15, 2001 4.65% 45,000 October 15, 2002 4.70 50,000 October 15, 2003 4.75 50,000 October 15, 2004 4.80 50,000 October 15, 2005 4.80 55,000 October 15, 2006 , 4.85 60,000 October 15, 2007 4.90 60,000 October 15, 2008 4.95 65,000 October 15, 2009 5.00 65,000 October 15, 2010 5.05 70,000 October 15, 2011 5.15 75,000 October 15, 2012 5.25 75,000 October 15, 2013 5.35 -2- 80,000 85,000 October 15, 2014 October 15, 2015 -3- 5.45 5.50 The Series 2000 Bonds shall be issued in fully registered form in the denomination of $5,000 or any integral multiple thereof. The date of original issue for the Series 2000 Bonds shall be the date of delivery thereof. . Interest on the Series 2000 Bonds, at the respective rates for each maturity, shall be payable on October 15, 2001, and semiannually thereafter on April 15 and October 15 of each year (each of said dates an "Interest Payment Date ") and the Series 2000 Bonds shall bear such interest from the date of original issue or the most recent Interest Payment Date, whichever is later. The interest due on each Interest Payment Date shall be payable to the registered owners of record as of the close of business on the last business day of the month immediately preceding the month in which the Interest Payment Date occurs (the "Record Date "), subject to the provisions of Section 5 hereof. The Series 2000 Bonds shall be numbered from 1 upwards in the order of their issuance. No Series 2000 Bond shall be issued originally or upon transfer or partial redemption having more than one principal maturity. The initial bond numbering andprincipal amounts for each of the Series 2000 Bonds issued shall be designated by the City's Treasurer as directed by the initial purchaser thereof. Payments of interest due on the Series 2000 Bonds prior to maturity or date of redemption shall be made by the Paying Agent and Registrar, as designated pursuant to Section 4 hereof, by mailing a check or draft in the amount due for such interest on each Interest Payment Date to the registered owner of each Series 2000 Bond, as of the Record Date for such Interest Payment Date, to such owner's registered address as shown on the books of registration as required to be maintained in Section 4 hereof. Payments ofprincipal and accrued interest thereon due at maturity or at any date fixed for redemption prior to maturity shall be made by said Paying Agent and Registrar to the registered owners upon presentation and surrender of the Series 2000 Bonds to said Paying Agent and Registrar. The City and said Paying Agent and Registrar may treat the registered owner of any Series 2000 Bond as the absolute owner of such Series 2000 Bond for the purpose of making payments thereon and for all other purposes and neither the City nor the Paying Agent and Registrar shall be affected by any notice or knowledge to the contrary, whether such Series 2000 Bond or any installment of interest due thereon shall be overdue or not. All payments on account of interest or principal made to the registered owner of any Series 2000 Bond in accordance with the terms of this Ordinance shall be valid and effectual and shall be a discharge of the City and said Paying Agent and Registrar, in respect of the liability upon the Series 2000 Bonds or claims for interest to the extent of the sum or sums so paid. Section 4. The City Treasurer is hereby designated as the Paying Agent and Registrar for the Series 2000 Bonds. The Paying Agent and Registrar shall keep and maintain for the City books for the registration and transfer of the Series 2000 Bonds at the City offices. The names and registered addresses of the registered owner or owners of the Series 2000 Bonds shall at all times be recorded in such books. Any Series 2000 Bond may be transferred pursuant to its provisions at the office of said Paying Agent and Registrar by surrender of such Series 2000 Bond for cancellation, accompanied by a written instrument of transfer, in form satisfactory to said Paying Agent and Registrar, duly executed by the registered owner in person or by such owner's duly authorized agent, and thereupon the Paying Agent Registrar on behalf of the City will deliver at its office (or send by registered mail to the transferee owner or owners thereof at such transferee owner's or owners' risk and expense), registered in the name of such transferee owner or owners, a new Series 2000 Bond or Series 2000 Bonds of the same interest rate, aggregate principal amount -4- and maturity. To the extent of the denominations authorized for the Series 2000 Bonds by this Ordinance, one Series 2000 Bond maybe transferred for several such Series 2000 Bonds ofthe same interest rate and maturity, and for a like aggregate principal amount, and several such Series 2000 Bonds may be transferred for one or several such Series 2000 Bonds, respectively, of the same interest rate and maturity and for a like aggregate principal amount. In every case of transfer of a Series 2000 Bond, the surrendered Series 2000 Bond shall be canceled and destroyed. All Series 2000 Bonds issued upon transfer of the Series 2000 Bonds so surrendered shall be valid obligations of the City evidencing the same obligations as the Series 2000 Bonds surrendered and shall be entitled to all the benefits and protection of this Ordinance to the same extent as the Series 2000 Bonds upon transfer of which they were delivered. The City and said Paying Agent and Registrar shall not be required to transfer any Series 2000 Bond during any period from any Record Date until its immediately following Interest Payment Date or to transfer any Series 2000 Bond called for redemption for a period of 30 days next preceding the date fixed for redemption. Section 5. In the event that payments of interest due on the Series 2000 Bonds on an Interest Payment Date are not timely made, such interest shall cease to be payable to the registered owners as of the Record Date for such Interest Payment Date and shall be payable to the registered owners of the Series 2000 Bonds as of a special date of record for payment of such defaulted interest as shall be designated by the Paying Agent and Registrar whenever monies for the purpose of paying such defaulted interest become available. Section 6. If the date for payment of the principal of or interest on the Series 2000 Bonds shall be a Saturday, Sunday, legal holiday or a day on which banking institutions in the City of Blair, Nebraska, are authorized by law or executive order to close, then the date for such payment shall -5- be the next succeeding day which is not a Saturday, Sunday, legal holiday or a day on which such banking institutions are authorized to close, and payment on such day shall have the same force and effect as if made on the nominal date of payment. Section 7. Series 2000 Bonds maturing October 15, 2006, and thereafter shall be subject to redemption, in whole or in part, prior to maturity at any time on or after October 15, 2005, at par plus accrued interest on the principal amount redeemed to the date fixed for redemption. The City may select the Series 2000 Bonds to be redeemed in its sole discretion but the Series 2000 Bonds shall be redeemed only in amounts of $5,000 or integral multiples thereof. Series 2000 Bonds redeemed in part only shall be surrendered to said Paying Agent and Registrar in exchange for new Series 2000 Bonds evidencing the unredeemed principal thereof. Notice of redemption of any Series 2000 Bond called for redemption shall be given at the direction of the City by said Paying Agent and Registrar by mail not less than 30 days prior to the date fixed for redemption, first class, postage prepaid, sent to the registered owner of such Series 2000 Bond at said owner's registered address. Such notice shall designate the Series 2000 Bond or Series 2000 Bonds to be redeemed by maturity or otherwise, the date of original issue and the date fixed for redemption and shall state that such Series 2000 Bond or Series 2000 Bonds are to be presented for prepayment at the office of said Paying Agent and Registrar. In case of any Series 2000 Bond partially redeemed, such notice shall specify the portion of the principal amount of such Series 2000 Bond to be redeemed. No defect in the mailing of notice for any Series 2000 Bond shall affect the sufficiency of the proceedings of the City designating the Series 2000 Bonds called for redemption or the effectiveness of such call for Series 2000 Bonds for which notice by mail has been properly given and the City shall have the right to further direct notice of redemption for any. such Series 2000 Bond for which defective notice has been given. -6- Section 8. The Series 2000 Bonds shall be in substantially the following form: UNITED STATES OF AMERICA STATE OF NEBRASKA COUNTY OF WASHINGTON VARIOUS PURPOSE BOND OF THE CITY OF BLAIR, NEBRASKA SERIES 2000 No. Interest Rate Registered Owner: Principal Amount: Maturity Date Date of Original Issue Cusin No. October 15, October . 2000 Dollars ($ ) KNOW ALL PERSONS BY THESE PRESENTS: That the City of Blair, in the County of Washington, in the State of Nebraska, hereby acknowledges itself to owe and for value received promises to pay to the registered owner specified above, or registered assigns, the principal amount specified above in lawful money of the United States of America on the date of maturity specified above with interest thereon to maturity (or earlier redemption) from the date of original issue or most recent Interest Payment Date, whichever is later, at the rate per annum specified above, payable on October 15, 2001, and semiannn ally thereafter on April 15 and October 15 of each year (each of said dates an "Interest Payment Date "). Said interest shall be computed on the basis of a 360 -day year consisting of twelve 30 -day months. The principal hereof and unpaid accrued interest thereon due at maturity or upon redemption prior to maturity are payable upon presentation and surrender of this bond at the office of the City Treasurer, the Paying Agent and Registrar, in Blair, Nebraska. Interest on this bond due prior to maturity or earlier redemption will be paid on each Interest Payment Date by a check or draft mailed by the Paying Agent and Registrar to the registered owner of this bond, as shown on the books of record maintained by the Paying Agent and Registrar, at the close of business on the last business day of the month immediately preceding the month in which the Interest Payment Date occurs, to such owner's registered address as shown on such books and records. Any interest not so timely paid shall cease to be payable to the person entitled thereto as of the record date such interest was payable, and shall be payable to the person who is the registered owner of this bond (or of one or more predecessor bonds hereto) on such special record date for payment of such defaulted interest as shall be fixed by the Paying Agent and Registrar whenever monies for such purpose become available. For the prompt payment of this bond, principal and interest, as the saris become due, the full faith, credit and resources of said City are hereby irrevocably pledged. This bond is one of an issue of fully registered bonds of the total principal amount of Nine Hundred Thirty Thousand Dollars ($930,000), of even date and like tenor except as to date of -8- maturity, rate of interest and denomination which were issued by the City for the purpose of paying the costs of improving streets and alleys, intersections and areas formed by the crossing of streets, avenues or alleys and streets adjacent to real estate owned by the City in Street Improvement District Nos. 173 and 176, all in strict compliance with Sections 16 -623, 16 -626, 18 -1801 and 18 -1802, R.R.S. Neb. 1997, as amended. The issuance of said bonds has been authorized by proceedings duly had and an ordinance legally passed, approved and published by the Mayor and Council of said City. Bonds of this issue maturing October 15, 2006, and thereafter are subject to redemption at the option of the City, in whole or in part, at any time on or after October 15, 2005, at par plus interest accrued on the principal amount redeemed to the date fixed for redemption. Notice of redemption shall be given by mail to the registered owner of any bond to be redeemed at said registered owner's address in the manner specified in the ordinance authorizing said issue of bonds. Individual bonds may be redeemed in part but onlyin $5,000 amounts or integral multiples thereof. This bond is transferable by the registered owner or such owner's attorney duly authorized in writing at the office of the Paying Agent and Registrar upon surrender and cancellation of this bond, and thereupon a new bond or bonds of the same aggregate principal amount, interest rate and maturity will be issued to the transferee as provided in the ordinance authorizing said issue of bonds, subject to the limitations therein prescribed. The City, the Paying Agent and Registrar and any other person may treat the person in whose name this bond is registered as the absolute owner hereof for the purpose ofreceiving payment due hereunder and for all purposes and shall not be affected by any notice to the contrary, whether this bond be overdue or not. If the date for payment of the principal of or interest on this bond shall be a Saturday, Sunday, legal holiday or a day on which banking institutions in the City of Blair, Nebraska, are authorized by law or executive order to close, then the date for such payment shall be the next succeeding day which is not a Saturday, Sunday, legal holiday or a day on which such banking institutions are authorized to close, and payment on such day shall have the same force and effect as if made on the nominal date of payment. IT IS HEREBY CERTIFIED AND WARRANTED that all conditions, acts and things required by law to exist or to be done precedent to and in the issuance of this bond did exist, did happen and were done and performed in regular and due form and time as required by law and that the indebtedness of said City, including this bond, does not exceed any limitation imposed by law. The special assessments levied upon real estate specially benefited by the improvements in certain of said districts are valid liens on the lots and tracts of land upon which they have been or shall be levied and when collected shall be set aside and constitute a sinking fund for the payment of the principal and interest of this bond and the bonds of this issue; the City agrees that it will levy and collect said special assessments and, in addition thereto, will cause to be levied and collected annually a tax by valuation on all the taxable property in the City, in addition to all other taxes, sufficient in rate and amount to make up the deficiency between the amounts collected on said special assessments and the amount required to fully pay the principal and interest of said bonds as the same become due. -9- AS PROVIDED IN THE ORDINANCE REFERRED TO HEREIN, UNTIL THE TERMINATION OF THE SYSTEM OF BOOK - ENTRY -ONLY TRANSFERS THROUGH THE DEPOSITORY TRUST COMPANY, NEW YORK, NEW YORK (TOGETHER WITH ANY SUCCESSOR SECURITIES DEPOSITORY APPOINTED PURSUANT TO THE ORDINANCE, "DTC "), AND NOTWITHSTANDING ANY OTHER PROVISIONS OF THE ORDINANCE TO THE CONTRARY, A PORTION OF THE PRINCIPAL AMOUNT OF THIS BOND MAY BE PAID OR REDEEMED WITHOUT SURRENDER HEREOF TO THE PAYING AGENT AND REGISTRAR. DTC OR A NOMINEE, TRANSFEREE OR ASSIGNEE OF DTC OF THIS BOND MAY NOT RELY UPON THE PRINCIPAL AMOUNT INDICATED HEREON AS THE PRINCIPAL AMOUNT HEREOF OUTSTANDING AND UNPAID. THE PRINCIPAL AMOUNT HEREOF OUTSTANDING AND UNPAID SHALL FOR ALL PURPOSES BE THE AMOUNT DETERMINED IN THE MANNER PROVIDED IN THE ORDINANCE. UNLESS THIS BOND IS PRESENTED BY AN AUTHORIZED OFFICER OF DTC (A) TO THE PAYING AGENT AND REGISTRAR FOR REGISTRATION OF TRANSFER OR EXCHANGE OR (B) TO THE PAYING AGENT AND REGISTRAR FOR PAYMENT OF PRINCIPAL, AND ANY BOND ISSUED IN REPLACEMENT HEREOF OR SUBSTITUTION HEREOF IS REGISTERED IN THE NAME OF DTC AND ANY PAYMENT IS MADE TO DTC OR ITS NOMINEE, ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSONS IS WRONGFUL BECAUSE ONLY THE REGISTERED OWNER HEREOF, DTC OR ITS NOMINEE, HAS AN INTEREST HEREIN. This bond shall not be valid and binding on the City until authenticated by the Paying Agent and Registrar. IN WITNESS WHEREOF, the Mayor and Council of the City of Blair, Nebraska, have caused this bond to be executed on behalf of the City with the facsimile signatures of the Mayor and the City Clerk and by causing the official seal of the City to be imprinted hereon or affixed hereto, all as of the date of original issue specified above. ATTEST: City Clerk (SEAL) - CITY OF BLAIR, NEBRASKA Mayor This bond is one of the series designated therein and has been registered to the owner named in said bond and the name of such owner has been recorded in the books of record maintained by the undersigned as Paying Agent and Registrar for said issue of bonds. Signature Guaranteed By Authorized Officer(s) CERi i1 ' KATE OF AUTHENTICATION AND REGISTRATION (Form of Assignment) City Treasurer, Paying Agent and Registrar for the City of Blair, Nebraska For value received hereby sells, assigns and transfers unto - (Social Security or Taxpayer I.D. No. the within bond and hereby irrevocably constitutes and appoints , attorney, to transfer the same on the books of registration in the office of the within mentioned Paying Agent and Registrar with full power of substitution in the premises. Dated: Registered Owner(s) Note: The signature(s) on this assignment MUST CORRESPOND with the name(s) as written on the face of the within bond in every particular, without alteration, enlargement or any change whatsoever, and must be guaranteed by a commercial bank or a trust company or by a firm having membership on the New York, Midwest or other stock exchange. Section 9. Each of the Series 2000 Bonds shall be executed on behalf of the City with the facsimile signatures ofthe Mayor and the City Clerk and shall have imprinted thereon the City's seal. The Series 2000 Bonds shall be issued initially as "book- entry- only" bonds under the services of The Depository Trust Company (the "Depository "), with one typewritten bond per maturity being issued to the Depository. In such connection said officers are authorized to execute and deliver a Letter of Representations (the "Letter ofRepresentations ") in the form required by the Depository (which may be in the form of a blanket letter, including any such letter previously executed and delivered), for and on behalf of the City, which shall thereafter govern matters with respect to registration, transfer, payment and redemption of the Series 2000 Bonds. With respect to the issuance of the Series 2000 Bonds as "book- entry - only" bonds, the following provisions shall apply: (a) The City and the Paying Agent and Registrar shall have no responsibility or obligation to any broker - dealer, bank or other financial institution for which the Depository holds Series 2000 Bonds as securities depository (each, a "Bond Participant ") or to any person who is an actual purchaser of a Series 2000 Bond from a Bond Participant while the Series 2000 Bonds are in book -entry form (each, a `Beneficial Owner ") with respect to the following: (i) the accuracy of the records of the Depository, any nominees of the Depository or any Bond Participant with respect to any ownership interest in the Series 2000 Bonds, (ii) the delivery to any Bond Participant, any Beneficial Owner or any other person, other than the Depository, of any notice with respect to the Series 2000 Bonds, including any notice of redemption, or (iii) the payment to any Bond Participant, any Beneficial Owner or any other person, other than the Depository, of any amount with respect to the Series 2000 Bonds. The Paying Agent and Registrar shall make payments with respect to the Series 2000 Bonds only to or upon the order of the Depository or its nominee, and all such payments shall be valid and effective fully to satisfy and discharge the obligations with respect to such Series 2000 Bonds to the extent ofthe sum or sums so paid. No person other than the Depository shall receive an authenticated Bond, except as provided in (e) below. -12- (b) Upon receipt by the Paying Agent and Registrar of written notice from the Depository to the effect that the Depository is unable or unwilling to discharge its responsibilities, the Paying Agent and Registrar shall issue, transfer and exchange Series 2000 Bonds requested by the Depository in appropriate amounts. Whenever the Depository requests the Paying Agent and Registrar to do so, the Paying Agent and Registrar will cooperate with the Depository in taking appropriate action after reasonable notice (i) to arrange, with the prior written consent of the City, for a substitute depository willing and able upon reasonable and customary terms to maintain custody of the Series 2000 Bonds or (ii) to make available Series 2000 Bonds registered in whatever name or names as the Beneficial Owners transferring or exchanging such Series 2000 Bonds shall designate. (c) If the City determines that it is desirable that certificates representing the Series 2000 Bonds be delivered to the ultimate beneficial owners of the Series 2000 Bonds and so notifies the Paying Agent and Registrar in writing, the Paying Agent and Registrar shall so notify the Depository, whereupon the Depository will notify the Bond Participants of the availability through the Depository ofbond certificates representing the Series 2000 Bonds. In such event, the Paying Agent and Registrar shall issue, transfer and exchange bond certificates representing the Series 2000 Bonds as requested by the Depository in appropriate amounts and in authorized denominations. (d) Notwithstanding any other provision of this Ordinance to the contrary, so long as any Series 2000 Bond is registered in the name of the Depository or any nominee thereof, all payments with respect to such Series 2000 Bond and all notices with respect to such Series 2000 Bond shall be made and given, respectively, to the Depository as provided in the Letter of Representations. (e) Registered ownership of the Series 2000 Bonds may be transferred on the books of registration maintained by the Paying Agent and Registrar, and the Series 2000 Bonds may be delivered in physical form to the following: (i) any successor securities depository or its nominee; (ii) any person, upon (A) the resignation of the Depository from its functions as depository or (B) termination of the use of the Depository pursuant to this Section and the terms of the Paying Agent and Registrar's Agreement (if any). (f) In the event of any partial redemption of a Series 2000 Bond unless and until such partially redeemed bond has been replaced in accordance with the provisions of this Ordinance, the books and records of the Paying Agent and Registrar shall govern and establish the principal amount of such bond as is then outstanding and all of the Series 2000 Bonds issued to the Depository or its nominee shall contain a legend to such effect. -13- If for any reason the Depository resigns and is not replaced, the City shall immediately provide a supply ofprinted bond certificates for issuance upon the transfers from the Depository and subsequent transfers or in the event of partial redemption. In the event that such supply of certificates shall be insufficient to meet the requirements of the Paying Agent and Registrar for issuance of replacement certificates upon transfer or partial redemption, the City agrees to order printed an additional supply of such certificates and to direct their execution by manual or facsimile signatures of its then duly qualified and acting Mayor and City Clerk and by imprinting thereon or affixing thereto the City's seal. In case any officer whose signature or facsimile thereof shall appear on any Series 2000 Bond shall cease to be such officer before the delivery of such bond (including such certificates delivered to the Paying Agent and Registrar for issuance upon transfer or partial redemption), such signature or such facsimile signature shall nevertheless be valid and sufficient for all purposes the same as if such officer or officers had remained in office until the delivery of such bond. The Series 2000 Bonds shall not be valid and binding on the City until authenticated by the Paying Agent and Registrar. The City Treasurer shall cause the Series 2000 Bonds to be registered in the office of the Auditor of Public Accounts of the State of Nebraska Thereafter the Series 2000 Bonds shall be delivered to the Paying Agent and Registrar for registration and authentication. Upon execution, registration and authentication of the Series 2000 Bonds, they shall be delivered to the City Treasurer, who is authorized to deliver them to Ameritas Investment Corp., as initial purchaser thereof, upon receipt of 98.35% of the principal amount of the Series 2000 Bonds plus accrued interest thereon to date of payment for the Series 2000 Bonds. The officers of the City (or any one of them) are hereby authorized to execute and deliver the Bond Purchase Agreement for and on behalf of the City. Said initial purchaser shall have the right to direct the registration of the Series -14- 2000 Bonds and the denominations thereof within each maturity, subject to the restrictions of this Ordinance The City Clerk shall make and certify a transcript of the proceedings of the Mayor and Council with respect to the Series 2000 Bonds which shall be delivered to said purchaser. Section 10. The proceeds of the Series 2000 Bonds shall be applied to the payment of costs of construction of the improvements described in Section 1 hereof or to the payment of warrant or other indebtedness incurred for the payment of said costs and to pay issuance costs. Expenses of issuance of the Series 2000 Bonds may be paid from the proceeds of the Series 2000 Bonds. Section 11. The special assessments levied and to be levied as described in Section 1 of this Ordinance and the interest on said assessments shall constitute a sinking fund for the payment of the principal and interest of the Series 2000 Bonds. The City agrees that it will levy and collect said special assessments and, in addition thereto, shall cause to be levied and collected annually a special levy of taxes on all the taxable property in the City, in addition to all other taxes, sufficient in rate and amount to make up the deficiency between the amounts collected on said special assessments and the amount required to fully pay the principal and interest of the Series 2000 Bonds when and as such principal and interest become due. Section 12. The City hereby covenants to the purchasers and holders of the Series 2000 Bonds hereby authorized that it will make no use of the proceeds of said bond issue, including monies held in any sinking fund for the Series 2000 Bonds, which would cause the Series 2000 Bonds to be arbitrage bonds within the meaning of Sections 103(b) and 148 of the Internal Revenue Code of 1986, as amended (the "Code "), and further covenants to comply with said Sections 103(b) and 148 and all applicable regulations thereunder throughout the term of said bond issue. The City hereby covenants and agrees to take all actions necessary under the Code to maintain the tax exempt -15- status (as to taxpayers generally) of interest payable on the Series 2000 Bonds. The City hereby designates the Series 2000 Bonds as its "qualified tax- exempt obligations" pursuant to Section 265(b)(3)(B)(i)(III) of the Code and covenants and warrants that the Series 2000 Bonds are not "private activity bonds" as such term is defined in Section 141(a) of the Code, that it does not reasonably expect to issue tax- exempt bonds or other tax- exempt obligations not including private activity bonds (other than qualified 501(c)3 bonds) aggregating in principal amount more than $10,000,000 during calendar 2000, and that it has not designated more than $10,000,000 of obligations (including the Series 2000 Bonds herein authorized) during the 2000 calendar year to the date of this Ordinance as qualified tax- exempt obligations. Section 13. The City's obligations under this Ordinance with respect to any or all of the Series 2000 Bonds herein authorized shall be fully discharged and satisfied as to any or all of such Series 2000 Bonds and any such Series 2000 Bond shall no longer be deemed to be outstanding hereunder if such Series 2000 Bond has been purchased by the City and canceled or when the payment of the principal of and interest thereon to the respective date of maturity or redemption (a) shall have been made or caused to be made in accordance with the terms thereof or (b) shall have been provided for by depositing with a national or state bank having trust powers, or trust company, in trust, solely for such payment (i) sufficient money to make such payment or (ii) direct general obligations (including obligations issued or held in book entry form on the books of the Department of Treasury of the United States of America) of or obligations the principal and interest of which are unconditionally guaranteed by the United States of America (herein referred to as "U.S. Government Obligations ") in such amount and bearing interest payable and maturing or redeemable at stated fixed prices at the option of the holder as to principal, at such time or times, as will ensure the -16= availability of sufficient money to make such payment; provided, however, that with respect to any Series 2000 Bond to be paid prior to maturity, the City shall have duly called such bond for redemption and given notice of such redemption as provided by law or made irrevocable provision for the giving of such notice. Any money so deposited with such bank or trust company may be invested or reinvested in U.S. Government Obligations at the direction of the City, and all interest and income from U.S. Government Obligations in the hands of such bank or trust company in excess of the amount required to pay principal of and interest on the Series 2000 Bonds for which such monies or U.S. Government Obligations were deposited shall be paid over to the City as and when collected. Section 14. In accordance with the requirements of Rule 15c2 -12 (the "Rule ") promulgated by the Securities and Exchange Commission, the City hereby agrees that it will provide the following continuing disclosure information: (a) to each nationally recognized municipal securities information repository (a "NRMSIR ") and to the initial purchaser of the Series 2000 Bonds, the City shall provide annual financial and operating information generally consistent with the information set forth under the heading "FINANCIAL STATEMENT" in the Official Statement for said bonds and . the City's audited financial statements; such information is expected to be available not later than seven months after the end of each fiscal year for the City; audited financial information shall be provided for governmental and fiduciary fund types based on revenues collected and expenses paid, which is not in conformity with generally accepted accounting principles, and as to proprietary fund types on an accrual basis; (b) in a timely manner to each NRMSIR or to the Municipal Securities Rule Making Board ( "MSRB "), notice of the occurrence of any of the following events with respect to the Series 2000 Bonds, if in the judgment of the City, such event is material: (1) principal and interest payment delinquencies, (2) non-payment related defaults, -17- (3) (4) unscheduled draws on credit enhancements reflecting financial difficulties (there is no credit enhancement on the Series 2000 Bonds); unscheduled draws on debt service reserves reflecting financial difficulties (there are no debt service reserves established for the Series 2000 Bonds under the terms of the Ordinance), substitution of credit or liquidity providers, or their failure to perform (not applicable to the Series 2000 Bonds); adverse tax opinions or events affecting the tax - exempt status of the Series 2000 Bonds, (7) modifications to rights of the bondholders, (8) bond calls, (9) defeasances, (10) release, substitution, or sale ofproperty securing repayment ofthe Series 2000 Bonds, and (11) rating changes (the Series 2000 Bonds are not rated and no rating for the Series 2000 Bonds is expected to be requested). The City has not undertaken to provide notice of the occurrence of any other material event, except the events listed above. (c) in a timely manner to each NRMSiR or to the Municipal Securities Rule Making Board ("MSRB") notice of any failure on the part of the City to provide required annual financial information not later than seven months from the close of the City's fiscal year. The City reserves the right to modify from time to time the specific types of information provided or the format of the presentation of such information, to the extent necessary or ate in the judgment of the City, consistent with the Rule. The City hereby agrees that such covenants are for the benefit of the registered owners of the Series 2000 Bonds (including Beneficial Owners) and that such covenants may be enforced by any registered owner or Beneficial Owner, provided that any -18- such right to enforcement shall be limited to specific enforcement of such undertaking and any failure shall not constitute an event of default under the Ordinance. The continuing disclosure obligations of the City under the Ordinance, as described above, shall cease when none of the Series 2000 Bonds remain outstanding. Section 15. The Preliminary Official Statement is hereby approved and the Mayor and City Clerk are hereby authorized to approve on behalf of the City a . final Official Statement with any changes deemed a,p,..,Ynlate by them. Section 16. This Ordinance shall be in force and take effect from and after its passage and publication in pamphlet form as provided by law. Attest: Passed and approved this /Z- City Clerk (SEAL) day of , 2000. ORDINANCE NO. 1911 AN ORDINANCE TO ADOPT THE BUDGET STATEMENT TO BE TERMED THE ANNUAL APPROPRIATION BILL; TO APPROPRIATE SUMS FOR NECESSARY EXPENSES AND LIABILITIES OF THE MUNICIPALITY; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT, AND PROVIDING WHEN THIS ORDINANCE SHALL BE FULL FORCE AND EFFECT. WHEREAS, a notice of public hearing together with a summary of the proposed budget statement of the City of Blair for fiscal year beginning October 1, 2000, and ending September 30, 2001, was published in The Pilot Tribune, the official newspaper of the City of Blair on September 5, 2000; and, WHEREAS, said budget statement was prepared on the appropriate budget forms provided by the State of Nebraska and was duly filed with the City Clerk. BE IT ORDAINED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA: SECTION 1. That after complying with all procedures required by law, the budget presented and set forth in the budget statement is hereby approved as the Annual Appropriation Bill for the fiscal year beginning October 1, 2000, and ending September 30, 2001. All sums of money contained in the budget statement are hereby appropriated for the necessary expenses and liabilities of the City of Blair. A copy of the budget documents shall be forwarded as provided by law to the Auditor of Public Accounts, State Capitol, Lincoln, Nebraska, and to the County Clerk of Washington County, Nebraska, for use by levying authority. SECTION 2. That all ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 3. That this ordinance shall be in force and take effect from and after its passage, approval and publication as provided by law. Passed and approved this 12 day of September, 2000. ATTEST: eL(e,,\ BRENDA R TAYLOR, CfITY CLERK (SEAL) STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) CITY OF BLAIR, NEBRASKA BRENDA R. TAYLOR 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 ordinance was passed at a regular meeting of the Mayor and City Council of said City held on the l2 day of September, 2000. BRENDA R. TAYLOR, C I'Y CLERK ORDINANCE NO. 1912 AN ORDINANCE TO BE 'PERMED THE "ANNUAL APPROPRIATION BILL" APPROPRIATING SUCH SUMS OF MONEY NECESSARY TO DEFRAY ALL NECESSARY EXPENSES AND LIABILITIES OF THE CITY OF BLAIR, NEBRASKA, FOR THE FISCAL YEAR COMMENCING ON THE FIRST DAY OF OCTOBER, 2000, AND SPECIFYING THE OBJECT AND PURPOSE OF EACH APPROPRIATION AND THE AMOUNT FOR EACH OBJECT AN D PURPOSE; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING WHEN THIS ORDINANCE SHALL BE IN FORCE AND EFFECT. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA, AS FOLLOWS: SECTION 1. There is hereby appropriated for the use of the City of Blair, Washington County, Nebraska, the sum of $20,923,119.00 to be raised and acquired by the levy of general and special taxes and by bond issue, this sum being necessary to defray the expenses and liabilities of said City for the 2000 -2001 fiscal year. SECTION 2. That the following amounts be and hereby are appropriated from the various funds to the use and purpose hereinafter specified, to -wit: FUND ALL SOURCES Total General Fund $ 2,743,366.00 Debt - Service $ 1,945,767.00 Street $ 1,555,489.00 Landfill $ 0.00 Sales Tax (1997 Vote) $ 982,231.00 Lodging Occupation Tax $ 30,561.00 Health & Benefit Insurance $ 110,370.00 Water $10,031,865.00 Sewer $ 1,445,981.00 Community Development Block Grant Fund (ED) $ 1,425,000.00 Donated Funds $ 29,842.00 Capital Outlay Reserve $ . 26,146.00 Community Development Block Grant Reuse Funds $ 269,389.00 Municipal Infrastructure Redevelopment Fund $ 130,424.00 Economic Development 840 $ 0.00 Keno Funds $ 196,688.00 SECTION 3. That all ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 4. That this ordinance shall be in force and take effect from and after its passage, approval and publication as provided by law. Passed and approved this 12 day of September, 2000. ATTEST: Z igozik_ R. BRENDA R. TAYLOR, ,QTY CLERK (SEAL) STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) CITY OF BLAIR, NEBRASKA MICHAEL A. i I S MAYOR BRENDA R. TAYLOR 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 ordinance was passed at a regular meeting of the Mayor and City Council of said City held on the 12 day of September, 2000. R,� u✓„ �' / Gn BRENDA R. TAYLOR, C 'Y CLERK ORDINANCE NO. 1913 AN ORDINANCE AMENDING SECTION 8 -601 OF THE MUNICIPAL CODE OF THE CITY OF BLAIR, NEBRASKA (ORDINANCE NO. 1488) TO REQUIRE THAT THE CITY OF BLAIR PAY THE COST OF ALL ROCK AS MAY BE APPLIED, FROM TIME TO TIME, ON ALL ROCK SURFACED STREETS IN THE CITY OF BLAIR; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH; PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT, AND PROVIDING THAT THIS ORDINANCE SHALL BE PUBLISHED IN PAMPHLET FORM. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA, AS FOLLOWS: SECTION 1. That Section 8 -601 of the Municipal Code of the City of Blair, Nebraska (Ordinance No. 1488) is hereby repealed and deleted in its entirety, and that the revised Section 8 -601 shall be and hereby is adopted as follows: "Sec. 8-601 ALLEY IMPROVEMENTS; APPLYING ROCK. On all rock surfaced alleys within the City, rocks shall be applied from time to time as deemed necessary by the Director of Public Works and City Administrator. Said rock shall be hauled and applied by employees of the City Street Department, and the cost of the same shall be borne by the City. Property owners who own property adjacent to the alley to be rocked shall be responsible for their proportionate share of the rock applied to the alley. The amount to be paid by each property owner shall be determined according to the following formula: the total cost of the rock divided by the total front footage of the property adjacent to the alley to be rocked times the front footage owned by the individual property owner." SECTION 2. That all ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 3. That this ordinance shall be in full force and effect from and following the passage and publication hereof as required by law. Passed and approved this 26 day of September, 2000. CITY OF BLAIR, NEBRASKA B1 I LEST: BT1ENDA R TAYLOR, r1 CLERK (SEAL) STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) BRENDA R. TAYLOR 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 Ordinance was duly passed and approved at a regular meeting of the Mayor and City Council of said City held on the 26 day of September, 2000. ORDINANCE NO. 1914 AN ORDINANCE ANNEXING THE REAL ESTATE GENERALLY DESCRIBED AS TAX LOT 234 IN SECTION 12, TOWNSHIP 18 NORTH, RANGE 11 EAST OF THE 6 P.M., WASHINGTON COUNTY, NEBRASKA AND LOT 2, SKOBO ACRES SUBDIVISION, IN WASHINGTON COUNTY, NEBRASKA, LESS THAT PART OF LOT 2 CONVEYED TO THE CHICAGO NORTHWESTERN RAILWAY COMPANY, A DELAWARE CORPORATION, BY WARRANTY DEED RECORDED JUNE 30, 1994, IN RECORD BOOK 231, PAGES 385 -386; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH, AND PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT. WHEREAS, that parcel of real estate described above is adjacent and contiguous to the current municipal corporate boundary. NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA: SECTION 1. That the tracts of real estate described as Tax Lot 234 in Section 12, Township 18 North, Range 11 East of the 6 P.M., Washington County, Nebraska and Lot 2, Skobo Acres Subdivision, in Washington County, Nebraska, less that part of Lot 2 conveyed to the Chicago Northwestern Railway Company, a Delaware Corporation, by Warranty Deed recorded June 30, 1994, in Record Book 231, Pages 385 -386, be and the same hereby is annexed to the City of Blair, Nebraska. SECTION 2. The limits of the City of Blair, Nebraska, are hereby extended to include the above described tracts of real estate. SECTION 3. All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 4. This ordinance shall be in full force and effect from and after its passage, approval and publication as provided by law. ATTEST: BRENDA R. TAYLORQCITY CLERK (SEAL) PASSED AND APPROVED this 14: day of November, 2000. STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) BRENDA R. TAYLOR 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 Ordinance wa4 passed and approved at a regular meeting of the Mayor and City Council of said City held on the 14' day of November, 2000. CITY OF BLAIR, NEBRASKA BY MICHAEL A. MINES, MAYOR v, �� BRENDA R. TAYLOR, 'A. - CLERK ORDINANCE NO. 1915 AN ORDINANCE VACATING THAT PORTION OF PROSPECT AVENUE LYING BETWEEN U.S. HIGHWAY 75 (13 STREET) AND 10 STREET WHICH IS LEGALLY DESCRIBED AS FOLLOWS: FROM THE NORTH QUARTER CORNER OF SECTION 13, TOWNSHIP 18 NORTH, RANGE 11 EAST OF THE 6 P. IVL, WASHINGTON COUNTY, NEBRASKA AND ASSUMING THE NORTH/SOUTH 1/4 SECTION LINE OF SAID SECTION 13 TO BEAR S 00 °02'48" W; THENCE S 00 °02'48" W ALONG SAID NORTH/SOUTH 1/4 SECTION LINE A DISTANCE OF 319.44 FEET; THENCE WEST A DISTANCE OF 20.00 FEET; THENCE S 00 °02'48" W ALONG A LINE 20.00 FEET WEST OF AND PARALLEL TO THE NORTH/SOUTH 1/4 SECTION LINE OF SECTION 13 A DISTANCE OF 693.72 FEET TO THE POINT OF BEGINNING; THENCE S 89 °56'19" W TO A POINT ON THE EASTERLY RIGHT - OF -WAY OF U.S. HIGHWAY 75 (13 STREET); 'THENCE SOUTHERLY ALONG SAID EASTERLY RIGHT -OF -WAY TO A POINT 50.00 FEET SOUTH OF THE LAST DESCRIBED COURSE; THENCE N 89 °56'19" E ALONG A LINE 50.00 FEET SOUTH OF AND PARALLEL TO SAID COURSE TO A POINT 20.00 FEET WEST OF THE NORTH/SOUTH 1/4 SECTION LINE OF SECTION 13; THENCE N 00 °02'48" E 20.00 FEET EAST OF AND PARALLEL TO SAID NORTH/SOUTH 1/4 SECTION LINE A DISTANCE OF 50.00 FEET TO THE POINT OF BEGINNING, ALL LYING IN THE NW1 /4 OF SECTION 13, TOWNSHIP 18 NORTH, RANGE 11 EAST OF THE 6 PRINCIPAL MERIDIAN, WASHINGTON COUNTY, NEBRASKA, RESERVING UNTO THE CITY OF BLAIR A PERPETUAL EASEMENT FOR ANY PUBLIC OR PRIVATE UTILITIES LOCATED IN SAID STREET, INCLUDING BUT NOT LIMITED TO WATER LINES, SEWER LINES, TELEPHONE, GAS OR CABLE TELEVISION LINES; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH, AND PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA, AS FOLLOWS: SECTION 1. The portion of Prospect Avenue lying between U.S. Highway 75 (13 Street) and 10 Street which is legally described as follows: From the North Quarter Comer of Section 13, Township 18 North, Range 11 East of the 6 P.M., Washington County, Nebraska and assuming the North/South 1/4 section line of said Section 13 to bear 5 00 °02'48" W; thence S 00 °02'48" W along said North/South 1/4 section line a distance of 319.44 feet; thence West a distance of 20.00 feet; thence S 00 °02'48" W along a line 20.00 feet West of and parallel to the North/South 1/4 section line of Section 13 a distance of 693.72 feet to the point of beginning; thence S 89 °56'19" W to a point on the Easterly right -of -way of U.S. Highway 75 (13 Street); thence Southerly along said Easterly right -of -way to a point 50.00 feet South of the last described course; thence N 89 °56'19" E along a line 50.00 feet south of and parallel to said course to a point 20.00 feet West of the North/South 1/4 section line of Section 13; thence N 00 °02'48" E 20.00 feet East of and parallel to said North/South 1/4 section line a distance of 50.00 feet to the point of beginning, all lying in the NW1 /4 of Section 13, Township 18 North, Range 11 East of the 6t' P.M., Washington County, Nebraska is hereby vacated; provided, however, the City of Blair, for itself or its assignees, hereby reserves a perpetual easement for any public or private utilities located in said street, including but not limited to water lines, sewer lines, telephone, gas or cable television lines. SECTION 2. All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 3. This ordinance shall be in full force and effect from and following the passage and publication hereof as required by law. PASSED AND APPROVED this 10 day of October, 2000. CITY OF BLAIR, NEBRASKA ATTEST: (SEAL) Bv_ MICHAEL A. MINES, MAYOR STATE OF NEBRASKA ) ):ss: WASHINGTON COUNTY ) BRENDA TAYLOR, 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 Ordinance was passed and approved at a regular meeting of the Mayor and City Council of said City held on the 10 day of October, 2000. BRENDA TAYLOR, •2 CLERK ORDINANCE NO. 1916 AN ORDINANCE AMENDING SECTION 501.08 OF THE COMPREHENSIVE ZONING ORDINANCE OF THE CITY OF BLAIR, NEBRASKA (ORDINANCE NO. 1798) BY PROVIDING AN EXCEPTION TO THE SIDE YARD AND REAR YARD SETBACK REQUIREMENT BY REDUCING SAID SETBACK TO NOT LESS THAN 25 FEET FOR RESIDENTIAL ACCESSORY STRUCTURES AND AGRICULTURAL ACCESSORY STRUCTURES, OTHER THAN THOSE THAT ARE USED FOR THE REARING, BREEDING, SHELTERING OR KEEPING OF LIVESTOCK OR OTHER ANIMALS; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA, AS FOLLOWS: SECTION 1. That Section 501.08 (2) of the Comprehensive Zoning Ordinance of the City of Blair, Nebraska (Ordinance No. 1798) shall be amended in its entirety to read as follows: "(2) Rear yard: There shall be a minimum rear yard of not less than a depth of fifty (50) feet; provided, however, residential accessory structures and agricultural accessory structures, other than those that are used for the rearing, breeding, sheltering, or keeping of livestock or other animals, including, but not limited to, cattle, swine, horses, sheep, goats, poultry, or domestic animals, may have a rear yard setback of not less than twenty- five(25) feet." SECTION 2. That Section 501.08 (3) of the Comprehensive Zoning Ordinance of the City of Blair, Nebraska (Ordinance No. 1798) shall be amended in its entirety to read as follows: "(3) Side yard: There shall be a side yard of not less than filly (50) feet; provided, however, residential accessory structures and agricultural accessory structures, other than those that are used for the rearing, breeding, sheltering, or keeping of livestock or other animals, including, but not limited to, cattle, swine, horses, sheep, goats, poultry, or domestic animals, may have a side yard setback of not less than twenty -five (25) feet." SECTION 3. That all ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 4. That this ordinance shall be in full force and effect from and following the passage and publication hereof as required by law. ATTEST: (SEAL) Passed and approved this 10th day of October, 2000. B r A R. TAYLOR, Y CLERK STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) CITY OF BLAIR, NEBRASKA MICHAEL A. AMES, Mayor BRENDA R. TAYLOR 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 Ordinance was duly passed and approved at a regular meeting of the Mayor and City Council of said City held on the 10 day of October, 2000. BRENDA R. TAYLOR, C * CLERK ORDINANCE NO. 1917 AN ORDINANCE AMENDING SECTION 6 -114 OF THE MUNICIPAL CODE OF THE CITY OF BLAIR, NEBRASKA (ORDINANCE NO. 1488) PROVIDING FOR THE IMPOUNDMENT OF ANIMALS AND HOUSING SUCH ANIMALS FOR NOT LESS THAN FIVE DAYS AND ALSO ESTABLISHING AN IMPOUNDMENT FEE OF $10.00 AND A DAILY BOARDING FEE OF $3.00 PER DAY FOR SUCH ANIMALS; REVOKING AND RESCINDING THE PROVISIONS OF SECTION 6 -209, IN ITS ENTIRETY PERTAINING TO THE IMPOUNDMENT OF ANIMALS AND THE HOUSING OF SUCH ANIMALS; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH; PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT. BE IT ORDAINED BY THE MAYOR AND C;l'1'Y COUNCIL OF THE CITY OF BLAIR, NEBRASKA, AS FOLLOWS: SECTION 1. That Section 6 -209 of the Municipal Code of the City of Blair, Nebraska (Ordinance No. 1488) is hereby revoked and rescinded in its entirety as follows: "Sec. 6 -209 ANIMALS: IMPOUNDING. It shall be the duty of the Municipal Police or its authorized agent to capture, secure, and remove in a humane manner to the Municipal Animal Shelter or to a designated animal shelter located within or out of the City limits any dog or other animal violating any of the provisions of this Article. The dog or other animal or animals so impounded shall be treated in a humane manner and shall be provided with a sufficient supply of food and fresh water each day. Each impounded dog or other animal shall be kept and maintained at the pound for not less than forty -eight (48) hours unless reclaimed earlier by the owner. A list of impounded dogs or other animals, including any significant marks or identifications, shall be maintained at the Police Station. Any dog or other animal may be reclaimed by its owner during the period of impoundment by payment to ten ($10.00) dollars for a general impoundment fee. If the dog or other animal is not claimed at the end of forty -eight (48) hours, the Municipal Police or its authorized agent may dispose of the dog or other animal or destroy the dog or other animal in any humane manner within the discretion of the Municipal Police or its authorized agent; Provided, that it in the judgment of the Municipal Police or its authorized agent, a suitable place can be found for any such animal, the said animal shall be turned over to that person and the new owner shall then be required to pay all fees and meet all licensing and vaccinating requirements, if any, provided in this Article. ' The Municipality, or its authorized agent, shall acquire legal title to any dog or other animal impounded in the Animal Shelter after forty -eight (48) hours. All dogs or other animals destroyed shall be disposed of in a summary and humane manner. (Ord. No. 1163,1/13/76)" SECTION 2: That Section 6 -114 of' the Municipal Code of the City of Blair, Nebraska (Ordinance No. 1488) is hereby amended in its entirety to read as follows, to -wit: "Sec. 6 -114 DOGS AND OTHER ANIMALS: IMPOUNDING. It shall be the duty of the Municipal Police Blair Police Department or their authorized agent to capture, secure, and remove, in a humane manner, to the City of Blair Municipal Animal Shelter, or to a designated animal shelter located within or outside of the City limits (" designated animal shelter"). any dog or other animal or animals violating any of the provisions of this Article. The dogs or other animal or animals so impounded shall be treated in a humane manner and shall be provided with a sufficient supply of food and fresh water each day. Each impounded dog or other animal or animals shall be kept and maintained at the pound designated animal shelter for a period of not less than five (5) days unless reclaimed earlier by the owner. Notice of impoundment of all dogs or other animal or animals including any significant marks or identifications, shall be posted at the office of the Blair City Clerk as public notification of such impoundment. Any dog or other animal or animals may be reclaimed by its owner during the period of impoundment by payment of ten ($10.00) dollars as a general impoundment fee or any other impoundment fee as may be set by the Mayor and City Council of the City of Blair, Nebraska, by resolution, from time to time. Such owner or any other person claiming or obtaining possession of an impounded dog or other animal or animals shall also pay a daily boarding fee of three ($3.00) dollars per day, or such other boarding fee as may ht, set by the Mayor and City Council of the City of Blair. Nebraska. by resolution. from time to time. for each day such dog or other animal or animals was impounded at the Municipal Animal Shelter designated animal shelter. Such impoundment fee and boarding fee may be set and determined from time to time by resolution. The owner shall then be required to comply with the licensing and rabies vaccination requirements of this Article within seventy -two (72) hours after release. If the dog or other animal or animals is not claimed at the end of five (5) days, the Municipal Police Chief of Police of the City of Blair Police Department or their his authorized agent may dispose of the dog or other animal or animals or destroy in any humane manner within the discretion of the Chief of Police for the City of Blair Police Department Municipal Police or their his authorized agent; Provided, that it in the judgment of the Chief of Police for the City of Blair Police Department Municipal Police or their his authorized agent, a suitable home can be found for any such dog or other animal or animals. then said dog or other animal or animals shall be turned over to that person and the new owner shall then be required to pay all fees and meet all licensing and vaccination requirements provided in this Article. The City of Blair Municipality, or its authorized agent, shall acquire legal title to any unlicensed dog or other animal or impounded in the designated animal shelter Animal Shelter after five (5) days. All dogs or other animal or animals which are shall be destroyed under the provisions of this Section. shall be destroyed and buried in the summary and humane manner as prescribed by the Board of Health. For the purposes of this Article, impoundment shall be deemed to have occurred when the doe or other animal or animals has been captured, secured and placed into a vehicle for transportation to the designated animal shelter Municipal Animal Shelter or designated animal shelter. (Ref. 16 -236, 71 -4408 RS Neb.)" SECTION 3. That all ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 4. That this ordinance shall be in full force and effect from and following the passage and publication hereof as required by law. Passed and approved this le day of October, 2000. CITY OF BLAIR, NEBRASKA ATTE BRENDA R. TAYLOR, ' Y CLERK (SEAL) STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) BRENDA R. TAYLOR 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 Ordinance was duly passed and approved at a regular meeting of the Mayor and City Council of said City held on the 10 day of October, 2000. BRENDA R. TAYLOR, C CLERK ORDINANCE NO. 1918 AN ORDINANCE ACCEPTING THE DEDICATION OF A PARCEL OF REAL ESTATE IN A PORTION OF TAX LOTS 157 AND 187 IN SECTION 13, TOWNSHIP 18 NORTH, RANGE 11 EAST OF THE 6 P.M., WASHINGTON COUNTY, NEBRASKA, AND DECLARING THE PORTION OF SAID STRIP TO BE NAMED "WILBUR STREET' AND DEDICATED AS A PUBLIC STREET IN THE CITY OF BLAIR, NEBRASKA; AND ACCEPTING THE TERMS OF AN AGREEMENT BETWEEN THE CITY OF BLAIR, NEBRASKA AND STRATBUCKER FARMS, LTD.; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH AND PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA, AS FOLLOWS: SECTION 1. That attached hereto, marked Exhibit "A" and incorporated by this reference herein, is a strip of land which has been transferred and conveyed by Stratbucker Farms, Ltd. unto the City of Blair, Nebraska, and the City of Blair, Nebraska does hereby accept such transfer and does hereby dedicate such area to be a public street and the same is hereby named "Wilbur Street". SECTION 2. That attached hereto, marked Exhibit `B" and incorporated by this reference herein, is a copy of an Agreement between the City of Blair, Nebraska, and Stratbucker Farms, Ltd., in regard to the transfer and conveyance of the real estate described on Exhibit "A" and providing for certain terms and provisions regarding special assessments and street access to Wilbur Street. SECTION 4. All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 5. This ordinance shall be in full force and effect from and following the passage and publication hereof as required by law. PASSED AND APPROVED this 14 day of November, 2000. CITY OF BLAIR, NEBRASKA ATTEST: (SEAL) ofNovember, 2000. BRENDA.R. TAYLOR, • CLERK STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) BRENDA R. TAYLOR 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 Ordinance was passed and approved at a regular meeting of the Mayor and City Council of said City held on the 14 day BRENDA R. TAYLOR!ITY CT ARK AGREEMENT This Agreement and entered into J f1-` , 2000 by and between the City of Blair, Nebraska, hereinafter referred to as "City" and Strabucker Farms Limited, hereinafter referred to as "Stratbucker ". Whereas, Stratbucker is the fee simple title owner of the following described real estate: Tax Lot 187 and Tax Lot 157 in Section 13, Township 18 North, Range 11 East of the 6 P.M., Washington County, Nebraska. Whereas, city desires to construct and open a new city street parallel and adjacent to the Stratbucker real estate and that Stratbucker desires to transfer and convey a Thirty -Three foot (33') strip of land to the City to be used for a portion of the city Street and other public utilities and improvements. For valuable consideration of the mutual covenants and promises herein, the parties hereto agree as follows: 1. Conveyance: Stratbucker hereby agrees to execute and deliver, within Fourteen (14) days of the date of execution of this Agreement, a warranty deed transferring, conveying and gifting to the City of Blair good and marketable fee simple title in and to the real estate described on Exhibit "A" attached hereto and incorporated by this reference herein. 2. Street Dedication: City agrees to dedicate a city street to be named "Wilbur Street" which street is to be constructed on the real estate described on Exhibit "A" attached hereto and incorporated by this reference herein. 3. Additional Imorovements: City intends to construct and install storm sewer, sanitary sewer and a water line along and under the real estate acquired from Stratbucker and adjacent real estate which is to be conveyed by the Blair Area YMCA. 4. Additional Aereements: The parties hereto agree as follows: a. One half of the costs of the paving, grading, construction and installation of the paved street (Wilbur Street) and one -half of the cost of the installation of the sanitary sewer, storm sewer, water line and appurtenances (adjacent to Wilbur Street) thereto shall be assessed to the remaining portion of the Stratbucker real estate which remains after the real estate described on Exhibit "A" has been transferred and conveyed unto City; b. That the terms of the special assessments will include that the entire one- half cost of the special assessments assessed to the Stratbucker real estate will be payable in Ten (10) equal annual installments at an interest rate not to exceed 7.5 %; provided further, that Stratbucker shall be entitled to pre -pay the entire balance of the special assessments within Fifty (50) days after the total cost of construction is received by City and City has officially assessed said costs to the Stratbucker real estate; provided further, that if Stratbucker does not pay the entire outstanding balance within said 50 day period, the balance will be payable in Ten (10) equal installments bearing interest at the rate of 7.5% from the date of the special assessment with the first installment due 50 days after the date of official assessment and the remaining Nine (9) installments due and payable annually on the anniversary date of said special assessment; provided further, that any installments that become delinquent shall bear interest at the delinquency rate of interest as set by Nebraska law and City shall be entitled to any remedies or causes of action allowed by Nebraska law as may be amended from time to time in regard to collection of delinquent special assessments; c. City agrees that in the event that the Stratbucker or its heirs, successors and assigns desire to subdivide and develop the Statbucker real estate, that City agrees that for the area between the existing creek and Highway 75, that the developer /sub- divider shall be entitled openings onto Wilbur Street for .up to three platted streets and that for the area east of the existing creek, the developer /sub- divider shall be entitled to an opening for one platted city street; d. City agrees that there shall be no fees for the sanitary sewer or water hook- up to the city sewer line or water line for the Stratbucker real estate which is subject to the special assessments for the construction of the water line and sanitary sewer lines. 5. Binding Effect: This Agreement shall be binding upon and enure to the benefit parties hereto, their heirs, successors and assigns. CITY OF BLAIR, NEBRASKA . c__ y ' ICHAEL A ES, MAYO STRATBUCKER FARMS, LTD. c oPri)c),_ 1 e4,,v 4.. LORA FISHER * * MY COMMISSION EXPIRES inn March 28, 2003 Exhibit "A" Part of Tax Lots 187 and 157, Lying in the S;EI /4 NW1 /4 and part of Tax Lot 22, lying in the S W I /4 NE 1 /4, all Iying in Section 13, Township 18 North, Range 11 East of the 6th Principal Meridian, Washington County, Nebraska and more particularly described as follows: Beginning at the northeast comer of the SEI /4 NWI /4 of Section 13, Township 18 North. Range I I East and assuming the north line of said SEI /4 NEI /4 to bear S 90 ° 00'00" W; thence N 90 °00'00" E along the north line of the SE1 /4 NEI /4 of said Section 13 a distance of 33.00 feet; thence S 00 ° 03'09" E a distance of 33.00 feet; thence S 90 °00'00" W parallel to and 33.00 feet south of the north line of said SE 1 /4 N W 1 /4 a distance of 1245.92 feet to a point on the easterly right-of- way line of U.S. Highway No. 75; thence N 13 °30'00" W along said easterly highway right -of -way line a distance of 33.94 feet to a point on the north line of said SEI /4 NW 1/4; thence N 90 °.00'00" E along said north line a distance of 1220.81 feet to the Point of Beginning; and containing 0.95 Acres, more or less. AN ORDINANCE AMENDING SECTION 6 -310 AND 6 -333 OF THE MUNICIPAL CODE OF THE CITY OF BLAIR, NEBRASKA (ORDINANCE NO. 1488), IN SWITCHING THE FINE FOR JUNK ACCUMULATION AND APPLIANCES IN YARD TO THE SUM OF ONE HUNDRED DOLLARS ($1 00.00) FOR FIRST OFFENSE, ONE HUNDRED FIFTY DOLLARS ($150.00) FOR SECOND OFFENSE AND TWO HUNDRED DOLLARS ($200.00) FOR THIRD OFFENSE, REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH, AND PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT. ORDINANCE NO. 1919 BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA, AS FOLLOWS: SECTION 1. Section 6 -310 of the Municipal Code of the City of Blair, Nebraska, is hereby amended to read as follows: "Sec. 6 -310 MISDEMEANORS: APPLIANCES IN YARD. It shall be unlawful for any person to permit a refrigerator, icebox, freezer, or any other dangerous appliance to be in the open and accessible to children whether on private or public property unless he or she shall first remove all doors and make the same reasonably safe. A conviction for violation of this section shall result in a fine for the first offense in any one calendar year of the sum of one hundred dollars ($100.00), for the second offense in any one calendar year the sum of one hundred fifty dollars ($150.00), and for the third offense and subsequent offenses in any one calendar year the sum of two hundred dollars ($200.00). Each day a refrigerator, ice box, freezer, or any other dangerous appliance is open, accessible to children, and unsafe shall be deemed a separate violation hereunder." SECTION 2. Section 6 -333 of the Municipal Code of the City of Blair, Nebraska, is hereby amended to read as follows: "Sec. 6 -333 MISDEMEANORS: JUNK ACCUMULATIONS. It shall be unlawful for any property owner or lessee to allow an accumulation of junk on property that is located within the corporate limits to the extent that such accumulation is a potential hazard to the health and safety of the residents of the Municipality. Junk shall mean old scrap, copper, brass, iron, steel, rope, rags, batteries, paper, trash, rubber debris, waste, motor vehicles or recreational equipment of any kind including, but not limited to, motorcycles, all terrain vehicles, automobiles, trucks, boats and trailers which are not dismantled, unlicensed or unregistered in violation of Chapter 60, Article 3 R.R.S. Nebraska (as amended from time to time), abandoned, inoperable, or wrecked automobiles, or parts thereof, wood, limbs, vegetation, and other old or scrap ferrous or nonferrous material. The City Administrator or the Chief of Police shall have the power to investigate SECTION 2. All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 3. This ordinance shall be in full force and effect from and following the passage and publication hereof as required by law. PASSED AND APPROVED this 28 day of November, 2000. ATTEST: all complaints of violations of this Section and if they find that such property owner or lessee has allowed such accumulation, they shall cause the property owner or lessee to be served with written notice directing them to remove the accumulation of junk within five (5) days of the receipt of said notice. Any person failing to remove said accumulation within five (5) days after receiving notice to do so, shall be deemed guilty ofa misdemeanor and a conviction for violation of this section shall result in a fine for the first offense in any one calendar year of the sum of one hundred dollars ($100.00), for the second offense in any one calendar year the sum of one hundred fifty dollars ($150.00), and for the third and subsequent offenses in any one calendar year the sum of two hundred dollars ($200.00), and the Court, as part of the judgment, shall order the owner to remove the accumulation of junk. Each day an accumulation of junk is permitted to exist shall be deemed a separate violation hereunder. In addition, an authorized agent of the Municipality may cause said jumk or motor vehicles to be removed at the expense of the owner or lessee, from the land whereon said junk or motor vehicles exist and the cost of such removal shall be levied, equalized, and assessed as are other special assessments. (Ord. No. 1280, 5/14/80) \_, BRENDA R TAYLOR, CY CLERK (SEAL) CITY OF BLAIR, NEBRASKA STATE OF NEBRASKA WASHINGTON COUNTY )ss BRENDA R. TAYLOR 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 Ordinance was passed and approved at a regular meeting of the Mayor and City Council of said City held on the 28 day of November, 2000.