2007-65RESOLUTION NO. 2007- 65
COUNCIL MEMBER ABBOTT INTRODUCED THE FOLLOWING RESOLUTION:
BE IT RESOLVED by the Mayor and Council of the City of Blair, Nebraska (the
"City "), as follows:
Section 1. The Mayor and Council of the City hereby find and determine that it is
necessary and appropriate to declare their official intent to issue tax- exempt bonds on behalf of
the City and in addition, the City's reasonable expectations to reimburse certain expenditures
with the proceeds of such bonds as proposed to be issued by the City in connection with the
proposed acquisition as described below.
Section 2. This resolution shall stand as a statement of the City's official intent under
Regulation Section 1.150 -2 of the regulations of the United States Treasury and for such purpose
the following information is hereby given:
1. A general functional description of the acquisition for which
expenditures may be made and reimbursement from bond proceeds provided is as
follows:
Purchase of a fire truck and related equipment.
2. The maximum principal amount of debt expected to be issued for such
project is $720,000.
COUNCIL MEMBER ABBOTT MOVED THAT THE RESOLUTION BE ADOPTED AS
READ, WHICH SAID MOTION WAS SECONDED BY COUNCIL MEMBER FANOELE.
UPON ROLL CALL, COUNCIL MEMBERS STEWART, SHOTWELL, FANOELE,
CHRISTIANSEN, WOLFF, ABBOTT AND BIFFAR VOTING "AYE" AND COUNCIL
MEMBERS NONE VOTING "NAY ", THE MAYOR DECLARED THE FOREGOING
RESOLUTION PASSED AND APPROVED THIS 27TH DAY OF NOVEMBER, 2007.
(SEAL)
BRENDA R. WHEELER
CITY OF BLAIR, NEBRASKA
REALPH, MAYOR
STATE OF NEBRASKA )
) :ss:
WASHINGTON COUNTY )
BRENDA R.WHEELER, hereby certifies that she is the duly appointed, qualified and
acting City Clerk of the City of Blair, Nebraska, and that the above and foregoing Resolution
was passed and adopted at a regular meeting of the Mayor and City Council of said City, held on
the 27th day of November, 2007.
BRENDA R. WHEELER, CITY CLERK