Resolution instituting proceedings to take additional action for the issuance of not to exceed $300,000 General Obligation Bonds, Series 2020B (General Corporate Purpose).

The issuance of not to exceed $300,000 General Obligation Bonds in order to provide funds to pay of costs of:

a) construction, reconstruction, enlargement, improvement, and equipping of recreation grounds; and

b) acquisition, construction, reconstruction, enlargement, improvement, and equipping of golf course

for the general corporate purposes, and that notice of the proposal to issue the Bonds and right to petition for an election had been published as provided in Section 384.26 of the Code of Iowa.