2010-28RESOLUTION NO. 2010 -28
COUNCIL MEMBER ABBOTT INTRODUCED THE FOLLOWING RESOLUTION:
BE IT RESOLVED by the Mayor and City Council of the City of Blair, Nebraska:
Section 1. The following notes, in accordance with their option provisions are hereby
called for payment on August 17, 2010, after which date interest on the notes will cease:
Sewer Revenue Bond Anticipation Notes, Series 2007, of the City of Blair, Nebraska, date
of original issue - July 30, 2007, in the principal amount of One Million Four Hundred
Fifty -five Thousand Dollars ($1,455,000), numbered as shown on the books of the Paying
Agent and Registrar, in denomination of $5,000 each, becoming due and bearing interest
as follows:
Principal
Amount Maturity Date Interest Rate CUSIP No.
$1,455,000 October 1, 2010 4.05% 093027 BG4
Said notes are hereinafter referred to as the "Refunded Notes."
Said notes are subject to redemption at any time on or after April 1, 2009, at par
and accrued interest, and said interest is payable semiannually. Said notes were
authorized by ordinance and were issued for the purpose of providing interim
financing pending the issuance of revenue bonds of the City for the cost of
extending, enlarging and improving the City's sewage disposal plant and sanitary
sewer system.
Section 2. Said notes are to be paid off at the office of the Treasurer of the City of Blair,
Nebraska, as paying agent and registrar (the "Paying Agent ").
Section 3. A true copy of this resolution shall be filed immediately with the Paying
Agent, and the Paying Agent is hereby instructed to mail notice (or otherwise give notice to Cede
& Co. in the manner acceptable to Cede & Co.) to each registered owner of said notes not less
than thirty days prior to the date fixed for redemption, all in accordance with the Ordinance
authorizing the Refunded Notes.
COUNCIL MEMBER KEPART MOVED THAT THE RESOLUTION BE ADOPTED AS
READ, WHICH SAID MOTION WAS SECONDED BY COUNCIL MEMBER JENSEN.
UPON ROLL CALL, COUNCIL MEMBERS SHEPARD, STEWART, KEPHART, FANOELE,
ABBOTT, CHRISTIANSEN, JENSEN AND WOLFF VOTING "AYE" AND COUNCIL
MEMBERS NONE VOTING "NAY ", THE MAYOR DECLARED THE FOREGOING
RESOLUTION PASSED AND APPROVED THIS 13TH DAY OF JULY, 2010.
1
ATTEST:
(SEAL)
DA R. WHEELER, CITY CLERK
STATE OF NEBRASKA )
) :ss:
WASHINGTON COUNTY )
BY
CITY OF BLAIR, NEBRASKA
E. REALPH, MAYOR
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 forgoing Ordinance was passed
and approved at a regular meeting of the Mayor and City Council of said City held on the 13th
day of July, 2010.
;; L r A
DA R. WHEELER, CITY CLERK