Resolution 1533

City of Goodland Resolution

A RESOLUTION DIRECTING THE CALL FOR REDEMPTION OF CERTAIN OUTSTANDING BONDS AND PROVIDING FOR NOTICE OF SAID REDEMPTION.

WHEREAS, the governing body of City of Goodland, Kansas (the “Issuer”) hereby finds and determines that it is in the best interests of the Issuer to redeem the following described bonds of the Issuer prior to their stated maturity in the amounts and on the redemptions hereinafter set forth (the “Bonds”):

 

Description Series Dated Date Years Amount Redemption Date
General Obligation Refunding Bonds 2013 03/28/2013 2019 to 2020 $240,000 09/01/2018

 

            NOW, THEREFORE, BE IT RESOLVED BY THE GOVERNING BODY OF CITY OF GOODLAND, KANSAS:

 

Section 1.         The Bonds are hereby called for redemption prior to their stated maturity as set forth above, in accordance with the resolution(s) which authorized the Bonds.

 

Section 2.         The Clerk is hereby authorized and directed to notify the State Treasurer in accordance with K.S.A. 10-129, as amended, of such call for redemption by disseminating the Notice of Call for Redemption substantially in the form attached hereto as Exhibit A by mail at least forty five (45) days prior to the Redemption Date.

 

Section 3.         The Clerk is further authorized and directed to cause the Paying Agent to notify the Owners of the Bonds in the manner set forth in the resolution authorizing the same and to provide for notice to be made in accordance with the provisions of Rule 15c2-12 of the Securities and Exchange Commission substantially in the form attached hereto as Exhibit B.

 

Section 4.         All costs associated with the redemption of the Bonds shall be paid by the Issuer.

 

            Section 5.         This Resolution shall be in full force and effect from and after its adoption.

 

ADOPTED by the governing body on July 2, 2018.

 

                                                           

Jay Dee Brumbaugh, Vice-Mayor

ATTEST:

 

                                                           

Mary P. Volk, City Clerk