FY2009-29 Appointing Karleton G Short As An Acting Borough Clerk.Introduced by: Manager Gifford
Requested by: Manager Gifford
Drafted by: Bond Counsel
Introduced: 04/02/2009
Adopted: 04/02/2009
1 KODIAK ISLAND BOROUGH
2 RESOLUTION NO. FY2009 -29
3
4 A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY
5 APPOINTING KARLETON G. SHORT AS ACTING BOROUGH CLERK FOR
6 THE PURPOSE OF EXECUTING AND DELIVERING ON BEHALF OF THE
7 BOROUGH THE GENERAL OBLIGATION REFUNDING BONDS, 2009
8 SERIES A AND OTHER DOCUMENTS THAT ARE TO BE EXECUTED AND
9 DELIVERED BY THE BOROUGH IN CONNECTION WITH THE ISSUANCE
10 AND DELIVERY OF THE BONDS IF THE BOROUGH CLERK IS UNABLE TO
11 ATTEND DUE TO AIR TRANSPORTATION DISRUPTIONS
12
13 WHEREAS, the Kodiak Island Borough (the "Borough "), by Resolution No. FY2009 -20 has
14 authorized the issuance of its General Obligation Refunding Bonds, 2009 Series A (the "Bonds ")
15 in the aggregate principal amount of not to exceed $7,150,000; and
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17 WHEREAS, the Alaska Municipal Bond Bank (the "Bond Bank ") has agreed to purchase Bonds
18 in the principal amount of $6,740,000 from the Borough, and the Borough has agreed to sell
19 such Bonds to the Bond Bank, and the delivery of such Bonds is scheduled to occur on April 9,
20 2009, in Seattle, Washington; and
21
22 WHEREAS, recent disruptions in air transportation caused by the eruption of the Redoubt
23 volcano have made it Tess certain that Borough officials will be able to attend the closing for the
24 Bonds in person; and
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26 WHEREAS, the appointment of an acting Borough Clerk as provided in this resolution will help
27 assure the timely execution of documents that the Borough must deliver at the closing for the
28 Bonds.
NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND
BOROUGH THAT:
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30 Section 1: Appointment of Acting Borough Clerk. Karleton G. Short, Borough Finance
31 Director, is hereby appointed Acting Borough Clerk solely for the purpose of
32 executing and delivering on behalf of the Borough the Bonds and other
33 documents that are to be executed and delivered by the Borough in connection
34 with the issuance and delivery of the Bonds upon certification by the Borough
35 Manager that the Borough Clerk is unable to attend due to air transportation
36 disruptions.
37
38 Section 2: Effective Date. This Resolution shall become effective upon passage and
39 approval.
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Kodiak Island Borough, Alaska Resolution No. FY2009 -29
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11/4/6
ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
THIS SECOND DAY OF APRIL, 2009
ATTEST: Jer e M. Selby, BoroughMaygr .
Kodiak Island Borough, Alaska
Nova M. Javier, CMC, Borough Clerk
KODIAK ISLAND BOROUGH
Resolution No. FY2009 -29
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