Resolution No. 2026-007 - A Resolution Approving the Bond Purchase Agreement for the sale of General Obligation Urban Renewal Bonds, Series 2026A
resolution, agenda item I-3
Document 679
Dated February 3, 2026City Council — regular meeting, February 3, 2026 33 pages
Resolution 2026-007
Adopted at the City Council — regular meeting, February 3, 2026 — from the minutes and the signed copy's text.
Resolution No. 2026-007 - A Resolution Approving the Bond Purchase Agreement for the sale of General Obligation Urban Renewal Bonds, Series 2026A, Page 26 of 33
Text from the PDF text layer; check the PDF for anything that matters. REGISTRAR / PAYING AGENT AGREEMENT
THIS AGREEMENT is made and entered into this February 17, 2026 (the “Dated Date”) by and
between the City of Tiffin, Iowa hereinafter called “ISSUER”, and UMB Bank, n.a., a national banking
association with its principal payment office in Kansas City, Missouri, in its capacity as paying agent and
registrar, hereinafter called the “AGENT”.
WHEREAS, the ISSUER has issued, or is currently in the process of issuing, pursuant to an ordinance,
resolution, order, final terms certificate, notice of sale or other authorizing instrument of the governing
body of the ISSUER, hereinafter collectively called the “Bond Document” certain bonds, certificates,
notes and/or other debt instruments, more particularly described as $13,500,000 General Obligation Urban
Renewal Bonds, Series 2026A hereinafter called the “Bonds”; and
WHEREAS, pursuant to the Bond Document, the ISSUER has designated and appointed the AGENT
as agent to perform registrar and paying agent services, to wit: establishing and maintaining a record of
the owners of the Bonds, effecting the transfer of ownership of the Bonds in an orderly and efficient
manner, making payments of principal and interest when due pursuant to the terms and conditions of the
Bonds, and for other related purposes; and
WHEREAS, the AGENT has represented that it possesses the necessary qualifications and maintains
the necessary facilities to properly perform the required services as such registrar and paying agent and is
willing to serve in such capacities for the ISSUER;
NOW THEREFORE, in consideration of mutual promises and covenants herein contained the parties
agree as follows:
1. The ISSUER has designated and appointed the AGENT as registrar and paying agent of
the Bonds pursuant to the Bond Document, and the AGENT has accepted such appointment and agrees to
provide the services set forth therein and herein.
2. The ISSUER agrees to deliver or cause to be delivered to the AGENT a transcript of the
proceedings related to the Bonds to contain the following documents:
a) A copy of the Bond Document, and the consent or approval of any other governmental or
regulatory authority, required by law to approve or authorize the issuance of the Bonds;
b) A written opinion by an attorney or by a firm of attorneys with a nationally recognized standing
in the field of municipal bond financing, and any supporting or supplemental opinions, to the
effect that the Bonds and the Bond Document have been duly authorized and issued by, are
legally binding upon and are enforceable against the ISSUER;
c) A closing certificate of the ISSUER, a closing certificate and/or receipt of the purchaser(s) of
the Bonds, and such other documents related to the issuance of the Bonds as the Agent
reasonably deems necessary or appropriate; and
d) Unless Paragraph 20 hereof is applicable, in addition to the transcript of proceedings a
reasonable supply of blank Bond certificates bearing the manual or facsimile signatures of
Sources
- City agenda center (revize): Attachment (HanA4sT2TicWbJk2mYTl2WD2xFocXG.pdf) — where it was found first seen Oct 12, 2026
Attached to agenda item: I-3 Resolution No. 2026-007 - A Resolution Approving the Bond Purchase Agreement for the...
In the town's history
History notes, checked research claims and dated events of the town's history that cite this document.
-
February 3, 2026 Spending
The February 3, 2026 staff report on the bond resolution provided for $13,500,000 of General Obligation Urban Renewal Bonds, Series 2026A, for the Community/Recreation Center Development Project.
“provides for the issuance of $13,500,000 General Obligation Urban Renewal Bonds, Series 2026A, to finance the Community/Recreation Center Development Project”
document 679, p. 1, meeting, project, 2020s
Data last updated November 9, 2026. Built from the archive's documents; see how the data is built.