08/09/2011 Resolutions 2011-188Resolution 12011 -188 was pulled from the August 9, 2011 City Council Agenda.
RESOLUTION 2011 -188
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 September 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 September
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 Heartland Events Center 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 Island, Nebraska, August 9, 2011.
Attest:
RaNae Edwards, City Clerk
Jay Vavricek, Mayor
Approved as to Form n
August 8, 2011 o City Attorney