2007-21RESOLUTION NO. 2007-21
COUNCIL MEMBER ABBOTT INTRODUCED THE FOLLOWING RESOLUTION:
BE IT RESOLVED by the City Council of The City of Blair, in the State of Nebraska (the "City "),
as follows:
Section 1. The City Council hereby finds and determines that notice of public hearing was
published in The Blair Enterprise on March 9, 2007, and that a public hearing pursuant to said
notice has been conducted by the City Council, and pursuant to such public hearing the City
Council hereby approves issuance by the City of its water system revenue bond anticipation notes in
accordance with the following information:
A. The project to be fmanced through the issuance of said water system revenue
bond anticipation notes shall be enlargements, expansions and improvements (collectively,
the "Project ") to the City's Water Treatment Plant (the "Plant "), to provide for increased
capacity of the Plant to serve, among other users, facilities operated by Cargill, Incorporated,
located at or about 650 Industrial Road, in Blair, Nebraska, and certain users obtaining water
service through Cargill, Incorporated);
City;
B. The maximum aggregate face amount of Notes to be issued is $15,000,000;
C. The initial and present owner and operator of the Plant and the Project is the
D. The street address of said Plant is 742 Fairview Drive, Blair, Nebraska.
Section 2. As hereby approved, such notes shall be issued upon such terms and conditions as
shall be determined by the City.
Section 3. The approval provided for in this resolution is for purposes of Section 147(f) of the
Internal Revenue Code of 1986, as amended.
Section 4. The Mayor and City Clerk (or either one of them) acting for and on behalf of City
are hereby authorized to execute and deliver any further documents deemed by them necessary or
appropriate for or on behalf of the City to reflect the approval of the issuance of said notes for and on
behalf of the City.
COUNCIL MEMBER ABBOTT MOVED THAT THE RESOLUTION BE ADOPTED AS
READ, AND SAID MOTION WAS SECONDED BY COUNCIL MEMBER BIFFAR. UPON
ROLL CALL, COUNCIL MEMBERS STEWART, SCHEVE, 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 13TH DAY OF MARCH, 2007.
ATTEST:
NDA R. WHEELER, CITY CLERK
(SEAL)
STATE OF NEBRASKA )
) :ss:
WASHINGTON COUNTY )
CITY OF BLAIR, NEBRASKA
J4MESSE. REALPH, MAYOR
I the undersigned Clerk for the City of Blair, Nebraska (the "City "), hereby certify that the
foregoing is a true and correct copy of the proceedings had and done by the Mayor and Council
of said City on March 27, 2007; 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 Clerk; that such agenda items were sufficiently descriptive
to give the public reasonable notice of the matters to be considered at the meeting; 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
and that a current copy of the Nebraska Open Meetings Act was available and accessible to
members of the public, posted during such meeting in the room in which such meeting was held.
_ Z.0 t/
BRENDA R. WHEELER, CITY CLERK