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Home My WebLink About2019-686-09/09/2019 ITEMS TO INCLUDE ON AGENDA CITY OF WATERLOO, IOWA Not to Exceed $6,475,000 General Obligation Refunding Bonds • Public hearing on the issuance. • Resolution instituting proceedings to take additional action. NOTICE MUST BE GIVEN PURSUANT TO IOWA CODE CHAPTER 21 AND THE LOCAL RULES OF THE CITY. September 9, 2019 The City Council of the City of Waterloo, State of Iowa, met in regular session, in the Council Chambers, City Hall, 715 Mulberry Street, Waterloo, Iowa, at 5:30 P.M., on the above date. There were present Mayor Quentin M. Hart, in the chair, and the following named Council Members: Jacobs, Morrissey, Feuss, Klein, Amos, Schmitt, and Juon Absent: None Vacant: None * * * * * * * - 1 - The Mayor announced that this was the time and place for the public hearing and meeting on the matter of the issuance of not to exceed $6,475,000 General Obligation Refunding Bonds, in order to provide funds to pay the costs of refunding or refinancing outstanding indebtedness, including General Obligation Bonds, Series 2011A dated June 29, 2011 and Taxable General Obligation Bonds, Series 2011B dated June 29, 2011, for essential corporate purposes, and that notice of the proposal to issue the Bonds had been published as provided by Section 384.25 of the Code of Iowa. The Mayor then asked the Clerk whether any written objections had been filed by any resident or property owner of the City to the issuance of the Bonds. The Clerk advised the Mayor and the Council that no written objections had been filed. The Mayor then called for oral objections to the issuance of the Bonds and none were made. Whereupon, the Mayor declared the time for receiving oral and written objections to be closed. Whereupon, the Mayor declared the hearing on the issuance of the Bonds to be closed. The Council then considered the proposed action and the extent of objections thereto. Whereupon, Council Member Schmitt introduced and delivered to the Clerk the Resolution hereinafter set out entitled "RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE ISSUANCE OF NOT TO EXCEED $6,475,000 GENERAL OBLIGATION REFUNDING BONDS", and moved: ,A that the Resolution be adopted. to ADJOURN and defer action on the Resolution and the proposal to institute proceedings for the issuance of bonds to the meeting to be held at .M. on the day of , 2019, at this place. Council Member Amos seconded the motion. The roll was called and the vote was, AYES: Jacobs, Morrissey, Feuss, Klein, Amos, Schmitt, and Juon NAYS: None Whereupon, the Mayor declared the measure duly adopted. RESOLUTION NO. 2019-686 RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE ISSUANCE OF NOT TO EXCEED $6,475,000 GENERAL OBLIGATION REFUNDING BONDS WHEREAS, pursuant to notice published as required by law,the City Council has held a public meeting and hearing upon the proposal to institute proceedings for the issuance of not to - 2 - exceed $6,475,000 General Obligation Refunding Bonds, for the essential corporate purposes, in order to provide funds to pay the costs of refunding or refinancing outstanding indebtedness, including General Obligation Bonds, Series 2011A dated June 29, 2011 and Taxable General Obligation Bonds, Series 2011B dated June 29, 2011, and has considered the extent of objections received from residents or property owners as to the proposed issuance of Bonds; and following action is now considered to be in the best interests of the City and residents thereof. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, STATE OF IOWA: Section 1. That this Council does hereby institute proceedings and take additional action for the authorization and issuance in the manner required by law of not to exceed $6,475,000 General Obligation Refunding Bonds, for the foregoing essential corporate purposes. PASSED AND APPROVED this 9th day of September, 2019. Mayor, Quentin M. Hart 2 ATTEST: City Clerk tielley Felchle - 3 - CERTIFICATE STATE OF IOWA ) ) SS COUNTY OF BLACK HAWK ) I, the undersigned City Clerk of the City of Waterloo, State of Iowa, do hereby certify that attached is a true and complete copy of the portion of the records of the City showing proceedings of the Council, and the same is a true and complete copy of the action taken by the Council with respect to the matter at the meeting held on the date indicated in the attachment, which proceedings remain in full force and effect, and have not been amended or rescinded in any way; that meeting and all action thereat was duly and publicly held in accordance with a notice of meeting and tentative agenda, a copy of which was timely served on each member of the Council and posted on a bulletin board or other prominent place easily accessible to the public and clearly designated for that purpose at the principal office of the Council pursuant to the local rules of the Council and the provisions of Chapter 21, Code of Iowa, upon reasonable advance notice to the public and media at least twenty-four hours prior to the commencement of the meeting as required by law and with members of the public present in attendance; I further certify that the individuals named therein were on the date thereof duly and lawfully possessed of their respective City offices as indicated therein,that no Council vacancy existed except as may be stated in the proceedings, and that no controversy or litigation is pending,prayed or threatened involving the incorporation, organization, existence or boundaries of the City or the right of the individuals named therein as officers to their respective positions. WITNESS my hand and the seal of the Council hereto affixed 's 9th day of September, 2019. /// // / / ity Clerk, C' o Waterloo, State of Iowa _. (SEAL) _ 01628145-1\11310-132 4 IIIIIIIIIIIIllhI I I II Doc ID: 009675620001 Type: GEN Recorded: 10/08/2019 at 03:04:17 PM Fee Amt: $7.00 Page 1 of 1 Black Hawk County Iowa SANDIE L. SMITH RECORDER F11e2020-00006529 *Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo. 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2019-666 RESOLUTION APPROVING AN ENCROACHMENT AGREEMENT WITH CHRISTOPHER P. AND KIMBERLY S. HUFF, TO ALLOW FOR THE CONSTRUCTION OF A 784 SQUARE FOOT ATTACHED GARAGE ADDITION TO ENCROACH INTO A PLATTED 12 FOOT DRAINAGE AND UTILITY EASEMENT, 8 FOOT UTILITY EASEMENT AND 65 FOOT DRAINAGE EASEMENT, LOCATED AT 429 FARRINGTON ROAD, AND AUTHORIZE THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Encroachment Agreement between Christopher P. and Kimberly S. Huff and the City of Waterloo, Iowa, dated September 3, 2019, to allow for the construction of a 784 square foot attached garage addition, to encroach into a platted 12 foot drainage and utility easement, 8 foot utility easement and 65 foot drainage easement, located at 429 Farrington Road, and legally described as follows: WESTBOURNE TERRACE FOURTH ADDITION, LOT 31, AND PARCEL "I" ACCORDING TO PLAT OF SURVEY FILED NOVEMBER 28, 2018 AS DOC. NO. 2019-8343, CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA is hereby approved, and the Mayor and City Clerk are authorized and directed to execute said agreement on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 3rd day of September 2019 at-A---1/14 -14-44--- � .-F ' i Quentin Hart, Mayor r; V A EST ' .' 1" r ,.- -=,,,, '... 4, i / / , , ., ..fikkej,..._ elley Felch City Clerk CERTIFICATE I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution 2019-666, as passed and adopted by the Council of the City of Waterloo, Iowa, on the 3rd day of September 2019. Witness my hand and seal of office this 3rd day of September 2019. r - SEA , elley Felchl ` r- City Clerk 0) i