Resolutions-2024-043

ri z riC` 989- 42/ / 43( 1RRR ADOPT" FEDERAL MENT SE' REIMBUR. RESOLUTION 42 436989- Tiffin, Iowa July 2, 2024 The City Council of the City of Tiffin, Iowa, net on July 2, 2024, at 7 o' clock.p. m.,at City Hall Council Chambers, Tiffin, Iowa. lre meeting was called to order by the Mayor, and the roll was called showing the following Council Members present and absent.: Present: Olney, Orris, Schencllcr, I imkemarin„ . ovens. Absent: None. The Deputy City Clerk reported that, in order to preserve the City' s eligibility to issue tax- exempt bonds for constructing certain bridge improvements, it would be necessary for the City Council to adopt resolution declaring a the s Council' intent to expend current cash on - hand and to later reirnburse those expenses from the proceeds of a bond issue. Council Member Limkemann introduced the resolution next hereinafter set out, related to financing the projects, and moved its adoption, seconded by Council Mer. ber Sch: nedler. After due consideration and discussion, the Mayor put the question upon the adoption of said resolution, and the roll being called, the following Council Members voted: Ayes: Orris,Schnedler ikeman: n, Havens, Olney. Nays: None. Whereupon, the Mayor declared the resolution duly adopted as hereinafter set out. At the conclusion of the zneehn ,g and upon motion and vO a ity Council adjourned. M' yor Attest: Deputy City Clerk Y DORSF/ & wrlriNGY LLP, ATTORNEYS, DES MOINES, IOWA