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HomeMy WebLinkAbout10/15/81October 15, 1981 The Council of the City of Waterloo, Iowa, met in Special Session at City Hall Council Chambers, Waterloo, Iowa at 11:15 A.M., on October 15, 1981. Mayor Rooff in the Chair. On Roll Call: Present: Getty, Penaluna, Roehr, Wilharm, Burton, Dowie. Absent: Bowers. 81260A - Moved by Wilharm, seconded by Roehr that Copies of the Call for the Special Meeting of October 15, 1981 at 11:15 A.M., be received and placed on file. Motion carried. 81260B - Discussion followed concerning the proposed project. Mr. Keiper assured the Council that he would have more information at the hearing. Daryl Anderson of Flinn, Saito & Anderson, briefly explained the project and the planned renovation. Moved by Dowie,.seconded by Wilharm that "Resolution authorizing the execution of a Memorandum of Agreement with Keiper-Ilten Partnership, for issuance not to exceed $1,500,000 Industrial Development Revenue Bonds", be adopted. Ayes: Six. Absent: Bowers. Resolution adopted and upon approval by Mayor assigned No. 1981-517A. 81260C - Moved by Wilharm, seconded by Roehr. that "Resolution setting date of public hearing on proposed Industrial Development Revenue Bonds, Series 1981 (Keiper-Ilten Partnership) not to exceed $1,500,000 as October 30, 1981, 4:00 P.M." be adopted. Ayes: Six. Absent: Bowers. Resolution adopted and upon approval by Mayor assigned no. 1981-517B. 81260D - Moved by Roehr, seconded by Wilharm that the Council adjourn. Motion carried. Larry P. Burger City Clerk