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RES 2009-1256 - Legislative package include proposal to amend statutes re vehicular pursits and liability (not adopted) C-25A CITY OF OMAHA LEGISLATIVE CHAMBER Omaha,Nebraska RESOLVED BY THE CITY COUNCIL OF THE CITY OF OMAHA: WHEREAS, on January 6, 2010, the One-Hundred and First Legislature of the State of Nebraska, Second Session,will convene; and, f WHEREAS, it is in the best interests of the City of Omaha and its residents that.a. legislative package be prepared for submission to the State Legislature; and, WHEREAS, it is the purpose of this resolution to approve a specific proposal for inclusion in that package; and, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OMAHA: THAT, at the request of Councilmember Garry Gernandt, the legislative package of the City of Omaha for the Second Session of the One-Hundred and First Legislature of the State of Nebraska shall include a proposal to amend existing statutes relating to vehicular pursuits and liability to injured innocent third parties, insurance requirements, and penalties. APPROVED AS TO FORM: t -ay DE. Y CITY ATTORNEY DATE P:\LAW—CITY COUNCIL DOCUMENTS\2008\50318s1w.doc By (417 Councilmember --3 2009' . o.4.z1/12% rec.so%fie ra- y yeas: Tifo� O e/''2Ov/ City Clerk ilLt 6i Coey) Approved Mayor f / Adopted NOV 3 2009 "`Oz`�o/� Z/ 1G1ie/'eSe/ D4 City Clerk Approved Mayor nder the rules, bylaws, or ordinances of cities, villages, precincts, or other municipal subdivision less than a county shall be appropriated fifty percent to the use and support of the common schools in the By Councilmember Adopted City Clerk Approved Mayor ayor or add on to their home. (Thompson) d) Support legislation to place a moratorium on sales tax exemptions, if introduced. (Gray) e) Support for L.B. 262 to allow liquor establishments to stay open state wide until 2 a.m. (Gray) f) Introduce legislation to limit the number of liquor licenses allowed (density) in cities of the metropolitan or primary class. (Jerram) g) Introduce legislation to amend state law relating to police chases and liability to injured innocent third parties by revising mandatory insurance requirements, revising penalties for not having insurance, creating a statewide pool for reimbursement, providing requirements for the DMV on reporting cancellation of insurance, stricter penalties for fleeing with passengers etc. (Gernandt) h) Support for legislation, if introduced, requiring county assessors to reassess all property every three years. (Stothert) ly yours, 4815-9411-9941.2 D-4 4815-9411-9941.3 In connection with the issuance of the Bonds, we have examined the following: (a) the Articles of Incorporation and Bylaws of the Corporation; (b) the Resolution; 4815-9411-9941.2 D-2 4815-9411-9941.3 "Event of Default" shall not apply to any such failure. The Trustee shall not have the power or duty to enforce this Letter Agreement. If the City fails to comply herewith, any Bondholder may take such actions as may be necessary and appropriate, including seeking specific performance by court order,to cause the City to comply with its obligations hereunder. 4815-9411-9941.3 C-4 a Material Event Notice, and directs the 4815-9411-9941.3 C-3 al year. 4815-9411-9941.3 . B-8 next fiscal year ending December 31, 2010 is 26.112 cents per $100, plus 19.281 cents per $100 for payment of the City's general obligation indebtedness, plus 0.600 cents per $100 for satisfaction of judgments and 1.594 cents per $100 for payment on the City's Special Redevelopment Levy, for a total levy of 47.587 cents per $100. 4815-9411-9941.3 B-4 ave an original yield below their interest rate, as shown on the inside cover, are being sold at a premium (collectively, the "Premium Obligations"). An amount equal to the excess of the issue price of a Premium Obligation over its stated redemption price at maturity constitutes premium on such Premium Obligation. An initial purchaser of such Premium Obligation must amortize any premium over such Premium Obligation's term using constant yield principles, based on the purchaser's yield to maturity (or, in the case of Premium 4815-9411-9941.3 20 4815-9411-9941.3 17 approval G s o of legality of the Bonds by Kutak Rock LLP,Bond Counsel,and to certain other conditions. Certain legal matters will be passed upon '- for the City of Omaha by the City Law Department. Certain matters will be passed upon for the Underwriter by its counsel, .o N Kutak Rock LLP. It is expected that delivery of the Bonds will be made on or about November 19,2009 at DTC against payment therefor. C ti E DAVIDSON D.A.Davidson & Co. w COMPANIES r OJ 0 member SIPC a' C co Dated: November—,2009 rn 4 g 0 c =o.- J N r o *Preliminary;subject to change 3 4815-9411-9941.3 ' 1--.- -LI-* — — —E ----1-----7-------- ----.- -t-F---7----------.------=_. ,1.,_,--.,,,=,- , .1-,,. i - , 0 I 0 I . I . I o I . I - I 0 - i • .-,- i = I .. • I . I . roe arra mow......ro anromeo..v.moreon 00 H N O � N N N N d' N — M N h H E .r h V) t�O•l^ )O N do 0000 0 N 00 N C h h d• M O — v) "Cr — N O r- 00 •d M — — h :—' — L — V) v) V) N N v) kr, v)- v) v) E.14� [yI 0 — alp., al N V1 cn 0 M M d — _ _ _ _ _ — N 0 ' — 0 O _ .Nr M — — — h - — O N N N N N N N N O N U v) O — N N N N N N N N N N M M M !/� Z 00 N N N N N N N N O N N N N N N N N N N N O N N O N d- A N N N N N N N N N N N N N N N N N N N N N N N N '•••• . ,•. z••••••;-•••- , 4,,,,.3.4-4....•'—v'. 4 1 1 WA.-.1MZN:Ir0-4 % : ...,, '4,'.;-i.•',400" • ,"'"1,- Vr,, ' 4Q — 5. CD cr O 01 b CJ n E CM y A� '� c k \, • „6: ,....cp-,-• 00 cnr: ,-,... , 1 0 , (-) ! '—'2: Kr1 :: CD'"- 2 '-'11)u "'*-# V C c JiMi. 0- - (") cD ,`---). rn r 8-)'—t- r° `` 0 r,\,, 5 i F. .1 = a .- tau 1-1 1.4 V�` c. AD P 0 Po ,.,.) 0 '53, .1 v). --. 0 ...N \ n �. N C O O ' of =: cD n wT 0 c ~ ,4. 0. Q ' ►�, h g ., k vn 'a. O ci N CAD g ,c1N. ,,) \-1... . . .. .,. -.;,,.. , , . . _. ,.. , a \ I 'sN. .. ..., • c v es. APPROVED AS TO FORM: t -ay DE. Y CITY ATTORNEY DATE P:\LAW—CITY COUNCIL DOCUMENTS\2008\50318s1w.doc By (417 Councilmember --3 2009' . o.4.z1/12% rec.so%fie ra- y yeas: Tifo� O e/''2Ov/ City Clerk ilLt 6i Coey) Approved Mayor f / Adopted NOV 3 2009 "`Oz`�o/� Z/ 1G1ie/'eSe/ D4 City Clerk Approved Mayor nder the rules, bylaws, or ordinances of cities, villages, precincts, or other municipal subdivision less than a county shall be appropriated fifty percent to the use and support of the common schools in the By Councilmember Adopted City Clerk Approved Mayor ayor or add on to their home. (Thompson) d) Support legislation to place a moratorium on sales tax exemptions, if introduced. (Gray) e) Support for L.B. 262 to allow liquor establishments to stay open state wide until 2 a.m. (Gray) f) Introduce legislation to limit the number of liquor licenses allowed (density) in cities of the metropolitan or primary class. (Jerram) g) Introduce legislation to amend state law relating to police chases and liability to injured innocent third parties by revising mandatory insurance requirements, revising penalties for not having insurance, creating a statewide pool for reimbursement, providing requirements for the DMV on reporting cancellation of insurance, stricter penalties for fleeing with passengers etc. (Gernandt) h) Support for legislation, if introduced, requiring county assessors to reassess all property every three years. (Stothert) ly yours, 4815-9411-9941.2 D-4 4815-9411-9941.3 In connection with the issuance of the Bonds, we have examined the following: (a) the Articles of Incorporation and Bylaws of the Corporation; (b) the Resolution; 4815-9411-9941.2 D-2 4815-9411-9941.3 "Event of Default" shall not apply to any such failure. The Trustee shall not have the power or duty to enforce this Letter Agreement. If the City fails to comply herewith, any Bondholder may take such actions as may be necessary and appropriate, including seeking specific performance by court order,to cause the City to comply with its obligations hereunder. 4815-9411-9941.3 C-4 a Material Event Notice, and directs the 4815-9411-9941.3 C-3 al year. 4815-9411-9941.3 . B-8 next fiscal year ending December 31, 2010 is 26.112 cents per $100, plus 19.281 cents per $100 for payment of the City's general obligation indebtedness, plus 0.600 cents per $100 for satisfaction of judgments and 1.594 cents per $100 for payment on the City's Special Redevelopment Levy, for a total levy of 47.587 cents per $100. 4815-9411-9941.3 B-4 ave an original yield below their interest rate, as shown on the inside cover, are being sold at a premium (collectively, the "Premium Obligations"). An amount equal to the excess of the issue price of a Premium Obligation over its stated redemption price at maturity constitutes premium on such Premium Obligation. An initial purchaser of such Premium Obligation must amortize any premium over such Premium Obligation's term using constant yield principles, based on the purchaser's yield to maturity (or, in the case of Premium 4815-9411-9941.3 20 4815-9411-9941.3 17 approval G s o of legality of the Bonds by Kutak Rock LLP,Bond Counsel,and to certain other conditions. Certain legal matters will be passed upon '- for the City of Omaha by the City Law Department. Certain matters will be passed upon for the Underwriter by its counsel, .o N Kutak Rock LLP. It is expected that delivery of the Bonds will be made on or about November 19,2009 at DTC against payment therefor. C ti E DAVIDSON D.A.Davidson & Co. w COMPANIES r OJ 0 member SIPC a' C co Dated: November—,2009 rn 4 g 0 c =o.- J N r o *Preliminary;subject to change 3 4815-9411-9941.3 ' 1--.- -LI-* — — —E ----1-----7-------- ----.- -t-F---7----------.------=_. ,1.,_,--.,,,=,- , .1-,,. i - , 0 I 0 I . I . I o I . I - I 0 - i • .-,- i = I .. • I . I . roe arra mow......ro anromeo..v.moreon 00 H N O � N N N N d' N — M N h H E .r h V) t�O•l^ )O N do 0000 0 N 00 N C h h d• M O — v) "Cr — N O r- 00 •d M — — h :—' — L — V) v) V) N N v) kr, v)- v) v) E.14� [yI 0 — alp., al N V1 cn 0 M M d — _ _ _ _ _ — N 0 ' — 0 O _ .Nr M — — — h - — O N N N N N N N N O N U v) O — N N N N N N N N N N M M M !/� Z 00 N N N N N N N N O N N N N N N N N N N N O N N O N d- A N N N N N N N N N N N N N N N N N N N N N N N N '•••• . ,•. z••••••;-•••- , 4,,,,.3.4-4....•'—v'. 4 1 1 WA.-.1MZN:Ir0-4 % : ...,, '4,'.;-i.•',400" • ,"'"1,- Vr,, '