2007-29RESOLUTION NO. 2007 -29
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 bonds of the City of Blair, Nebraska, in accordance with
their option provisions are hereby called for payment on June 1, 2007, after which date interest
on the bonds will cease:
Public Safety Equipment Tax Anticipation Bonds, Series 2002, date of original issue -
June 6, 2002, in the principal amount of Six Hundred Thirty -five Thousand Dollars
($635,000), bonds maturing serially June 1, 2008 through June 1, 2017, inclusive, and
term bonds maturing June 1, 2022, numbered as shown on the books of the Paying Agent
and Registrar becoming due and bearing interest as follows:
Principal Maturity Date Interest Rate CUSIP No.
Amount
$ 30,000 June 1, 2008 4.10% 093005 EQ 5
30,000 June 1, 2009 4.30 093005 ER 3
30,000 June 1, 2010 4.50 093005 ES 1
35,000 June 1, 2011 4.60 093005 ET 9
35,000 June 1, 2012 4.70 093005 EU 6
35,000 June 1, 2013 4.85 093005 EV 4
40,000 June 1, 2014 4.95 093005 EW 2
40,000 June 1, 2015 5.05 093005 EX 0
45,000 June 1, 2016 5.15 093005 EY 8
45,000 June 1, 2017 5.20 093005 EZ 5
270,000 June 1, 2022 5.45 093005 FA 9
Said bonds are hereinafter referred to as the "Refunded Bonds."
Said bonds are subject to redemption at any time on or after June 1, 2007, at par and
accrued interest, and said interest is payable semiannually.
Said Refunded Bonds were issued for the purpose of paying the costs of the acquisition,
renovation and equipping of a building to serve as a public safety building and to pay
miscellaneous costs associated therewith.
SECTION 2. The Refunded Bonds are to be paid off at the office of the Treasurer of the
City of Blair in Blair, Nebraska (the "Paying Agent "), as paying agent and registrar.
SECTION 3. A true copy of this resolution shall be filed immediately with the Paying
Agent and said Paying Agent is hereby instructed to mail notice to each registered owner of said
bonds not less than thirty days prior to the date fixed for redemption, all in accordance with the
ordinance authorizing said Refunded Bonds.
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, FANOELE, SHOTWELL,
CHRISTIANSEN, WOLFF, BIFFAR AND ABBOTT VOTING "AYE" AND COUNCIL
MEMBERS NONE VOTING "NAY ", THE MAYOR DECLARED THE FOREGOING
RESOLUTION PASSED AND APPROVED THIS 24TH DAY OF APRIL, 2007.
ATTEST:
fiztJ,
BRENDA R. WHEELER, CITY CLERK
(SEAL)
STATE OF NEBRASKA )
) :ss:
WASHINGTON COUNTY )
CITY OF BLAIR, NEBRASKA
. 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 foregoing Resolution
was passed and adopted at a regular meeting of the Mayor and City Council of said City, held on
the 24TH day of April, 2007.
Ey
BRENDA R. WHEELER, CITY CLERK