HomeMy WebLinkAbout08/15/79G
August 15, 1979
The Council of City of Waterloo, Iowa, met in Special Session in the Council
Chambers in City Hall at 1:00 P.M. on August 15, 1979, pursuant to the foll-
owing call:
TO CITY COUNCILMEN OF THE CITY OF WATERLOO, IOWA:
You are hereby notified that a Special Meeting of the City Council of the
City of Waterloo, Iowa, will be held at the Council Chambers in the City Hall
in the City of Waterloo, Iowa at 1:00 P.M. on Wednesday, August 15, 1979, and
that said Special Meeting is being called for the purpose of sale of $1,735,000
Corporate Purpose Bonds.
You are further notified that no other business except the above will be
transmitted at said Meeting.
(Signed) Leo P. Rooff, Mayor
Due, timely and legal service of the above notice is hereby acccepted this
13th day of August, 1979, by me, a duly elected, qualified and acting Council-
man of the City of Waterloo, Iowa.
(Signed) Harold E. Getty, at Large East
(Signed) Jack L. Roehr, First Ward
(Signed) Frank D. Dowie, Second Ward
(Signed) Thomas R. Penaluna, Third Ward
(Signed) Delman Bowers, Fourth Ward
(Signed) James E. Burton, Fifth Ward
I, Officer Pryor, hereby certify that I have served the above notice on Council-
man Wilharm by leaving a copy thereof at his place of residence.
(Signed) Allen Pryor
Officer Serving Call
Mayor Rooff in the Chair. On roll call, Present: Roehr, Penaluna, Getty,
Burton, Bowers. Absent: Wilharm, Dowie.
76916 - Moved by Roehr, seconded by Burton that the Copies of the Call for the
Special Meeting of August 15, 1979 at 1:00 P.M., be received and placed
on file. Motion carried.
76917 - This being the time and place fixed in the published notice for the
consideration of proposal for the purchase of $1,735,000 Corporate
Purpose Bonds, the Council proceeded accordingly. The Mayor announced
the meeting was thrown open for the receipt of bids for said bonds.
Moved by Burton, seconded by Getty that following sealed bids be re-
ceived, placed on file, but NOT OPENED, and sealed bidding closed:
Carleton D. Beh Co., Des Moines, Iowa;
Continental Illinois National Bank and Trust Company of Chicago and
Associates, Chicago, Illinois;
The First National Bank of Chicago and Merrill Lynch, White Weld Capital
Markets Group and Associates, Chicago, Illinois;
Harris Trust and Savings Bank and Iowa -Des Moines National Bank and
Associates, Chicago, Illinois;
The Northern Trust Company and Associates, Chicago, Illinois;
United California Bank, Los Angeles, California;
Wauterlek & Brown, Inc., Chicago, Illinois;
LaSalle National Bank, Chicago, Illinois.
Motion carried.
76918 - Open bids were then called for, and there were none.
Moved by Getty, seconded by Burton that bidding be closed. Motion
carried.
76919 - Moved by Getty, seconded by Burton that proof of publication of Offi-
cial Notice of Sale of $1,735,000 Corporate Purpose Bonds, be received
and placed on file. Motion carried.
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