CITY OF VALLEY

NOTICE OF PUBLICATION

OF

ORDINANCE NO. 817

Public notice is hereby given that at a meeting of the Mayor and City Council of the City of Valley, Nebraska, held at 7:00 o’clock P.M. on September 10, 2024 the following ordinance was passed and adopted:

ORDINANCE NO. 817

AN ORDINANCE AUTHORIZING THE ISSUANCE AND SALE BY THE CITY OF VALLEY, NEBRASKA OF ITS GENERAL OBLIGATION HIGHWAY ALLOCATION FUND PLEDGE BONDS, SERIES 2024, IN ONE OR MORE SERIES IN AN AGGREGATE PRINCIPAL AMOUNT OF NOT TO EXCEED ONE MILLION SIX HUNDRED THOUSAND DOLLARS ($1,600,000) TO PAY THE COSTS OF CONSTRUCTING AND IMPROVING CERTAIN STREETS AND RELATED IMPROVEMENTS OF THE CITY; AUTHORIZING CERTAIN OFFICIALS TO DETERMINE THE FINAL AGGREGATE PRINCIPAL AMOUNT, MATURITIES, RATES, REDEMPTION PROVISIONS, AND OTHER TERMS AND DETAILS OF SUCH BONDS; PLEDGING FUNDS RECEIVED FROM THE NEBRASKA HIGHWAY ALLOCATION FUND AND PROVIDING FOR THE LEVY AND COLLECTION OF AN ANNUAL TAX FOR THE PURPOSE OF PAYING THE PRINCIPAL OF, PREMIUM, IF ANY, AND INTEREST ON THE BONDS; AUTHORIZING THE DESIGNATION OF THE BONDS AS QUALIFIED TAX EXEMPT OBLIGATIONS; ADOPTING CERTAIN POST-ISSUANCE TAX COMPLIANCE AND DISCLOSURE POLICIES AND PROCEDURES WITH RESPECT TO THE BONDS; AND AUTHORIZING CERTAIN OTHER DOCUMENTS AND ACTIONS IN CONNECTION THEREWITH.

Said Ordinance No. 817 is hereby published in pamphlet form, copies of which are available for public inspection and distribution at the Office of the City Clerk at City Hall in the City of Valley, Nebraska (203 N. Spruce Street).

Christie Donnermeyer, City Clerk

9/24            ZNEZ

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CITY OF VALLEY

NOTICE OF PUBLICATION

OF

ORDINANCE NO.  818

Public notice is hereby given that at a meeting of the Mayor and City Council of the City of Valley, Nebraska, held at 7:00 o’clock P.M. on September 10, 2024 the following ordinance was passed and adopted: 

ORDINANCE NO. 818

AN ORDINANCE OF THE MAYOR AND CITY COUNCIL OF THE CITY OF VALLEY, NEBRASKA (THE “CITY”) APPROVING THE ISSUANCE, SALE AND DELIVERY BY THE CITY OF VALLEY LEASING CORPORATION (THE “CORPORATION”) OF ONE OR MORE SERIES OF ITS LEASE RENTAL REVENUE BONDS, SERIES 2024, IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED ONE MILLION EIGHT HUNDRED FIFTY THOUSAND DOLLARS ($1,850,000) TO FINANCE THE COSTS OF (A) CONSTRUCTING AND EQUIPPING CERTAIN CITY PARK IMPROVEMENTS, AND (B) THE ACQUISITION OF A BUILDING FROM THE VALLEY SUBURBAN FIRE DEPARTMENT, ALL WITHIN THE BOUNDARIES OF THE CITY; APPROVING THE FORMS OF AND AUTHORIZING THE EXECUTION AND DELIVERY BY THE CITY OF A LEASE PURCHASE AGREEMENT AND RELATED DOCUMENTS; APPROVING THE ISSUANCE OF THE BONDS BY THE CORPORATION; APPROVING THE EXECUTION AND DELIVERY OF A TRUST INDENTURE AND OFFERING DOCUMENT OR TERM SHEET BY THE CORPORATION; ESTABLISHING AN EFFECTIVE DATE; AUTHORIZING THE DESIGNATION OF THE BONDS AS QUALIFIED TAX EXEMPT OBLIGATIONS; ADOPTING CERTAIN POST-ISSUANCE TAX COMPLIANCE AND DISCLOSURE POLICIES AND PROCEDURES WITH RESPECT TO THE BONDS; AND RELATED MATTERS.

Said Ordinance No. 818 is hereby published in pamphlet form, copies of which are available for public inspection and distribution at the Office of the City Clerk at City Hall in the City of Valley, Nebraska (203 N. Spruce Street).

Christie Donnermeyer, City Clerk

9/24            ZNEZ

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