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� <br />EN HILLS <br />Request for Council Ac�ion <br />Prepared By: Sue Iverson, Director of Finance Council Meeting Date: September 12, 2011 <br />and Administrative Services <br />Northwestern College Conduit Debt rnterest Rate Mode Change <br />Bucigeted Amaunt: Actual Arriount: Funding Source: <br />N/A N/A N/A <br />Recommendation: <br />I. A motion fo approve Resolution 2011-044, a resolution approving the conversion of the City's <br />adjustable rate revenue bonds (Norihwestern College Project), Series 2010, to a var�able rate <br />mode; and appro�uing and authorizing the execution and delivery of documents related thereto. <br />Supllortin� Documents: <br />1. Memarandum dated September 12, 2011 from Sue I�erson. <br />2. Meanorandum dated Se�tember 8, 2011 from Julie Eddington, Kennedy & Graven. <br />3. Resolution 2011-044. <br />