04/12/2011 Resolutions 2011-79RESOLUTION 2011 -79
BE IT RESOLVED by the Mayor and City Council of the City of Grand Island,
Nebraska:
Section 1. The following bonds of the City of Grand Island, Nebraska, in
accordance with their option provisions are hereby called for payment on May 1, 2011,
after which date interest on the bonds will cease.
Said bonds are hereinafter referred to as the "Refunded Bonds."
The Refunded Bonds are subject to redemption at any time on or after May 1,
2011, at par and accrued interest, and said interest is payable semiannually.
Said Refunded Bonds were issued for the purpose of providing funds for the
construction of the addition to the library and miscellaneous costs associated
therewith.
Section 2. Said bonds are to be paid at the principal corporate trust office of
Wells Fargo Bank, National Association, as paying agent and registrar (the "Paying
Agent and Registrar ").
Section 3. A true copy of this resolution shall be filed immediately with the
Paying Agent and Registrar, and said Paying Agent and Registrar is hereby irrevocably
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.
Adopted by the City Council of the City of Grand
Attest:
aDa.Q- M wo-r�
RaNae Edwards, City Clerk
ka, April 12, 2011.
Jay Yavricek, Mayor
Approved as to Form a _4
April 11, 2011 0 City Attorney