18-7586 Consent to Assignment of Transferee Agreement, Development Agreement, Rights to receive STAR Bond Proceeds and CID Reimbursement and Security Agreement between FIB, LLC & American State Bank & Trust Company RESOLUTION NUMBER 18-7586
A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE A CONSENT TO AN
ASSIGNMENT OF TRANSFEREE AGREEMENT,DEVELOPMENT AGREEMENT,RIGHTS
TO RECEIVE STAR BOND PROCEEDS AND CID REIMBURSEMENTS AND SECURITY
° AGREEMENT BETWEEN FIB,LLC AND AMERICAN STATE BANK&TRUST COMPANY.
BE IT RESOLVED by the Governing Body of the City of Salina, Kansas:
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Section 1. The Mayor is hereby authorized to execute a consent to an Assignment of Transferee
Agreement, Development Agreement,Rights to receive STAR Bond proceeds and CID reimbursements
and Security Agreement between FIB, LLC and American State Bank&Trust Company, subject to the
terms and conditions of the agreement.
Section 2. The City Clerk is hereby directed to file the original agreement and retain according to
the City of Salina Records Management Policy.
Section 3. This resolution shall be in full force and effect from and after its adoption.
Adopted by the Board of Commissioners and signed by the Mayor this 30th day of July, 2018.
Karl F. Ryan, Mayor
(SEAL)
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Shandi Wicks, CMC, City Clerk
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