HomeMy WebLinkAboutGO Bond Sale-5/12/2017 STATE OF IOWA, } I do solemnly swear that the annexed copy of legal
City of Waterloo
Notice of Bond Sale
Black Hawk County, SS Notice was published in the Waterloo-Cedar Falls
Courier, a daily newspaper printed in Waterloo, Black
Hawk County, Iowa, once commencing on the 12th
day of May, 2017 in the name of said newspaper, and
that the annexed rate of advertised is the regular legal
NOTICE OF BOND SALE Consideration of Bids:After the time for rate of said newspaper, and that the following is a
Time and Place of Sealed Bids:Bids for receipt of bids has passed,the close of g
the sale of Bonds of the City of Waterloo, sealed bids will be announced. Sealed correct bill forublishin said notice.
State of Iowa,hereafter described, must bids will then be publicly opened and I� g
be received at the office of the City Clerk, announced. Finally, electronic internet
City Hall,715 Mulberry Street,Waterloo, bids will be accessed and announced.
Iowa(the"Issuer")in accordance with the Sale and Award:The sale and award of n
official Terms of Offering on the 17th day the Bonds will be held at the Council Printer's Bill $50.29
of May, 2017. The bids will then be Chambers,City Hall,715 Mulberry Street,
publicly opened and referred for action to Waterloo, Iowa at a meeting of the City
the meeting of the City Council in Council on the above date at 4:30 P.M.
conformity with the TERMS OF OFFER- Official Statement:The Issuer has issued
ING. an Official Statement of information
The Bonds:The Bonds to be offered are pertaining to the Bonds to be offered,
the following: including a statement of the Terms of
GENERALOBLIGATION BONDS, SER- Offering and an Official Bid Form,which
IES 2017A,in the amount of$9,245,000*, is incorporated by reference as a part of
to be dated June 20,2017(the "2017A this notice.The Official Statement may be
Bonds").Bids to be received before 10:30 obtained by request addressed to the City
A.M.C.D.T.;and Clerk, City Hall, 715 Mulberry Street,
TAXABLE GENERAL OBLIGATION Waterloo, Iowa or the Issuer's Municipal
BONDS,SERIES 2017B, in the amount Advisor, Speer Financial, 531 Commer-
of $3,600,000`, to be dated June 20, cial Street, Waterloo, Iowa, 50703,
2017 (the "2017B Bonds"). Bids to be Telephone:319-291-2077.
received before 11:00 A.M.C.D.T.;and Terms of Offering: All bids shall be in
TAXABLE GENERAL OBLIGATION UR- conformity with and the sale shall be in
BAN RENEWAL BONDS, SERIES accordance with the Terms of Offering as
2017C,in the amount of$8,100,000';to set forth in the Official Statement.
be dated June 20, 2017 (the "2017C Legal Opinion: The Bonds will be sold `
Bands"):Bids to be received before 11:30 subject to the opinion of Ahlers&Cooney, 1,0
A.M.C.D.T. P.C.,Attorneys of Des Moines,Iowa;as
(collectively,the"Bonds") to the legality and their opinion will be Signed
*Sub act to principal adjustment pursuant furnished together with the printed Bonds
to 2cial Terms of Offering. without cost to the purchaser and all bids
Manner of Bidding:Open bids will not be will be so conditioned. Except to the
received.Bids wifl be received in any of extent necessary to issue their opinion as
the following methods: to the legality of the Bonds,the attorneys
( Sealed Bidding: Sealed bids may be will not examine or review or express any
submitted and will be received at the opinion with respect to the accuracy or Subscribed and sworn to before me this
office of the City Clerk at City Hall,715 completeness of documents,materials or
Mulberry Street,Waterloo,Iowa. statements made or furnished in connec- 1
( Electronic Internet Bidding: Electronic tion with the sale,issuance or marketing
internet bids will be received at the office of the Bonds. Day of A.D., 20
of the City Clerk at City Hall,715 Mulberry Rights Reserved:The right is reserved to
Street,Waterloo,Iowa.The bids must be
submitted through the SPEERAUCTION reject any or all bids, and to waive any
competitive bidding system. irregularities as deemed to be in the best
(Electronic Facsimile Bidding:Electronic interests of the public.
facsimile bids will be received at the office B order of the City Council of the City of
rRCI
of the City Clerk at City Hall,715 Mulberry Waterloo,State of Iowa. (I)&)
Street,Waterloo,Iowa(facsimile number: Kelley Felchle,City Clerk,City,of Notary,PUb11C
(319)291-4571)and/or the City's Munici- Waterloo,State of Iowa y
pal Advisor, Speer Financial, Waterloo, —
Iowa(facsimile number:(319)291-8628).
Electronic facsimile bids will be treated as
sealed bids. Received of
the sum of
Dollars.
In full for publication of the above notice.
J0D1 E MCKINSTRY
COMMIS ION N .782�1g
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