HomeMy WebLinkAbout11/28/90The Council of the City of Waterloo, Iowa, met in Special Session at City Hall Council
Chambers, Waterloo, Iowa, at 11:00 a.m. on November 28, 1990. Mayor Bernard L. McKinley
in the Chair. Roll Call: Dell, Fox, Buck, Wright, Budak, Brown. Absent: Angel.
96674 - Moved by Buck, seconded by Wright
that copies of the Call of the Special Session of November 28, 1990, at 11:00
a.m., be received and placed on file. Motion carried.
96675 - Moved by Budak, seconded by Brown
that proof of publication of notice of public hearing on issuance of not to
exceed $4,125,000 Sewer Revenue Bonds, as published in the Waterloo Courier on
November 9, 1990, be received and placed on file. Motion carried.
96676 - HOLD HEARING --This being the time and place of public hearing, the Mayor called
for written and oral objections and there were none.
Moved by Buck, seconded by Fox
that "Resolution instituting proceedings to take additional action for the
issuance of not to exceed $4,125,000 Sewer Revenue Bonds", be adopted. Ayes:
Five. Nays: Wright. Absent: Angel.
Resolution adopted and upon approval by Mayor assigned No. 1990-660.
96677 - This being the time and place fixed in the published notice for the
consideration of proposals for the purpose of $4,125,000 Sewer Revenue Bonds,
the Council proceeded accordingly. The Mayor announced that the time had
arrived for receipt of sealed bids for said bonds.
Moved by Buck, seconded by Brown
that the following sealed bids be received, placed on file, but NOT OPENED and
sealed bidding closed:
Name of Bidder
1. Chiles Heider, Division Lehman Brothers and Dain Bosworth, Inc. and
Kirkpatrick, Pettis, Smith, Polian Inc. and Park Investment Corporation,
Omaha, Nebraska
2. Griffin, Kubik, Stephens & Thompson, Inc. Clayton Brown & Associates, Inc.
and Kemper Capital Markets, Chicago, Illinois
3. John Nuveen & Co., Inc. and Associates, Chicago, Illinois
4. Piper, Jaffray & Hopwood, Inc., Minneapolis, Minnesota
5. Dean Witter Reynolds, Inc. and A. G. Edwards & Sons, Inc. and
Prudential-Bache Capital Funding and PaineWebber Incorporated, Chicago,
Illinois
Motion carried.
96678 - Moved by Budak, seconded by Fox
that proof of publication of notice of meeting for the issuance of $4,125,000
Sewer Revenue Bonds, as published in the Waterloo Courier on November 22, 1990,
be received and placed on file. Motion carried.
96679 - Moved by Fox, seconded by Buck
that the Clerk/Auditor be instructed to open all sealed bids which were as
follows:
Name of Bidder Net Interest
1. Chiles Heider, Division of Lehman Brothers and
Dain Bosworth, Inc. and Kirkpatrick, Pettis, Smith,
Polian Inc. and Park Investment Corp. and Securities
Corporation of Iowa and Associates
6.92784%
sxpatlo
PIM SPTCI
1o4TprT/N19TO A4TO
aaBang .d Aaasq
•peTaaso uoTqow .w's Km 4s uanocps TTounoo aq4 qsql.
umoag Aq pepuopes 'None Aq panow
.paTaaso uoT4ow
Tnjsseponsun 9q4 uan491 04 peqpnagsuT eq xaaTo eq4 qs114
umoas Aq pepuopes 'xspng Aq patiow
'199-0661 •oN paubTsss aoAsw Aq Tsiloadde uodn pus pa4dope uoTqnTosaH
Taw/ :quesqv •4q5T1m .anTd .pagdops
eq somaoaad vEggswg go e4ea qsaaa4uT 4au 24R 'Dui 'uosdwou suagde48
itITJJTaD 0.4 paw% pue aTes gons go wow:99.15e egg BuTzTaotnne pus
spuog anuailad aemeS 000'SZ1'P$
%EZE6'9
%SZ96'9
Ist/066'9
%PE89S8*9
go pasms pue aTes BuTzTaotnne u0T4nTosaH1j
xspng Aq papuopes 'None Aq pa/wig
•peTalso uoT40H
.Dui aaqqameuTed pus BuTpuna T24Tde3 ati32s-T2T4uapn2d pue
.oui 'suos spasmpg '0•Id pue .puI 'spiouAall a944TM UPea *s
sa4sT3ossy pus .oui 'poomdoH Asagger 'aadTd
sa42T3ossv pus .oui "00 / uaeAnN ugor
•V
'E
siaNasH Teg.Tdso aadWax pus -DUI isa4sToossv
umoag uogAs TO 'mg 'uosdwou / suelide4S 'XTTIM 111TJTPO *Z
4saaaqui 49N lePPT8 Jo eureN
z abut,'
- Z8996
- 18996
- 08996
0661 'gz aaquianoN