NOTICE OF PASSAGE AND PUBLICATION OF ORDINANCE Public notice is hereby given that the Mayor and Council of the City of Blair, Nebraska, at their meeting on April 27 2021 have passed and approved Ordinance No. 2441 the title of which reads as follows: ORDINANCE 2441 AN ORDINANCE AUTHORIZING AN AMENDMENT TO A LOAN AGREEMENT; THE ISSUANCE OF A WATER SYSTEM REVENUE BOND, SERIES 2021, OF THE CITY OF BLAIR, NEBRASKA, IN THE PRINCIPAL AMOUNT OF NOT TO EXCEED TEN MILLION DOLLARS ($10,000,000), IN THE FORM OF A PROMISSORY NOTE ISSUED TO EVIDENCE INDEBTEDNESS TO THE NEBRASKA DEPARTMENT OF ENVIRONMENT AND ENERGY; APPROVING THE FORM OF SAID BOND (ISSUED AS A SINGLE PROMISSORY NOTE) AND RELATED LOAN AGREEMENT; PLEDGING AND HYPOTHECATING THE REVENUES AND EARNINGS OF THE WATERWORKS PLANT AND WATER SYSTEM OWNED OR TO BE OWNED BY THE CITY FOR THE PAYMENT OF SAID BOND; PROVIDING FOR THE ISSUANCE AND SALE OF SAID BOND; AUTHORIZING THE DELIVERY OF SAID BOND AND LOAN AGREEMENT TO THE NEBRASKA DEPARTMENT OF ENVIRONMENT AND ENERGY; PROVIDING FOR THE COLLECTION, SEGREGATION AND APPLICATION OF THE REVENUES OF SAID WATERWORKS PLANT AND SYSTEM; DETERMINING THAT INTEREST ON SAID BOND SHALL NOT BE EXCLUDABLE FROM GROSS INCOME FOR PURPOSES OF FEDERAL INCOME TAXATION; PROVIDING FOR THE DISPOSITION OF THE PROCEEDS OF SAID BOND AND ORDERING THE ORDINANCE PUBLISHED IN PAMPHLET FORM. Said Ordinance has been published in pamphlet form. Copies of the Ordinance as so published are available at the office of the City Clerk at 218 S. 16th St., Blair, Nebraska. Brenda Wheeler, City Clerk ZNEZ PT 5-4-21
