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HomeMy WebLinkAbout2012-457-05/14/2012 (This Notice to be posted) NOTICE AND CALL OF PUBLIC MEETING Governmental Body: The City Council of Waterloo, Iowa. Date of Meeting: May 14, 2012 Time of Meeting: 5:30 o'clock P.M. Place of Meeting: Council Chambers, City Hall, Waterloo, Iowa. PUBLIC NOTICE IS HEREBY GIVEN that the above mentioned governmental body will meet at the date, time and place above set out. The tentative agenda for said meeting is as follows: Not to exceed $700,000 General Obligation Bonds (GCP-6) X Resolution fixing date for a meeting on the proposition to issue. Such additional matters as are set forth on the additional 6 page(s) attached hereto. This notice is given at the direction of the Mayor pursuant to Chapter 21, Code of Iowa, and the local rules of said governmental body. Suzy Schar s, City Clerk, Waterloo, Iowa - 1 - J1 May 14, 2012 The City Council of Waterloo, Iowa, met in regular session, in the Council Chambers, City Hall, Waterloo, Iowa, at 5:30 o'clock P.M., on the above date. There were present Mayor Ernest G. Clark, in the chair, and the following named Council Members: Cole, Getty. Jones, Greenwood, Schmitt, Welper, Hart Absent: none - 2 - Council Member Hart introduced the following Resolution entitled "RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED $700,000 OF GENERAL OBLIGATION BONDS AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF", and moved that the same be adopted. Council Member Cole seconded the motion to adopt. The roll was called and the vote was, AYES: Cole, Getty, Jones, Greenwood, Schmitt, Welper, Hart NAYS: none Whereupon, the Mayor declared the resolution duly adopted as follows: RESOLUTION NO. 2012-457 RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED $700,000 OF GENERAL OBLIGATION BONDS AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF WHEREAS, the City of Waterloo, Iowa, is in need of funds to carry out certain general corporate purpose projects as hereinafter described; and, it is deemed necessary that it should issue general obligation bonds to the amount of not to exceed $700,000 as authorized by Section 384.26(5) of the City Code of Iowa, for the purpose of providing funds to pay costs thereof; and WHEREAS, said City has a population of more than 5,000, but not more than 75,000, and the amount of said proposed bond issue is not more than $700,000; and WHEREAS, before said bonds may be issued, it is necessary to comply with the provisions of Chapter 384 of the City Code of Iowa, and to publish a notice of the proposal to issue such bonds and the right to petition for an election. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA: - 3 - Section 1. That this Council meet in the Council Chambers, City Hall, Waterloo, Iowa, at 5:30 o'clock P.M., on the 29th day of May, 2012, for the purpose of taking action on the matter of the issuance of not to exceed $700,000 of General Obligation Bonds, the proceeds of which bonds will be used to provide funds to pay costs of acquisition, construction, improvement and equipping city facilities, including a new public works building, and shall bear interest at a rate not exceeding the maximum specified in the attached notice. Section 2. That the Clerk is hereby directed to cause at least one publication to be made of a notice of said meeting in a legal newspaper, printed wholly in the English language, published at least once weekly, and having general circulation in said City, said publication to be not less than ten clear days before the date of said public meeting on the issuance of said bonds. Section 3. The notice of the proposed action to issue said bonds shall be in substantially the following form: - 4 - NOTICE OF MEETING OF THE COUNCIL OF THE CITY OF WATERLOO, IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF NOT TO EXCEED $700,000 PRINCIPAL AMOUNT OF GENERAL OBLIGATION BONDS (FOR GENERAL CORPORATE PURPOSES), AND HEARING ON ISSUANCE OF SAID BONDS Public Notice is hereby Oven that the Council of the City of Waterloo, Iowa, will hold a public hearing on the 29th day of May, 2012, at 5:30 o'clock P.M., in the Council Chambers, City Hall, Waterloo, Iowa, at which meeting the Council proposes to take action for the issuance of not to exceed $700,000 of General Obligation Bonds, bearing interest at the rate of not to exceed nine percent (9%)per annum, said bonds to be issued for the purpose of providing funds to pay costs of acquisition, construction, improvement and equipping city facilities, including a new public works building. At any time before the date of said meeting, a petition, asking that the question of issuing such bonds be submitted to the legal voters of said City, may be filed with the Clerk of said City in the manner provided by Section 362.4 of the City Code of Iowa, pursuant to the provisions of Section 384.26(5) of the City Code of Iowa. This Notice is given by order of the Council of the City of Waterloo, Iowa, as provided by Section 384.26(5) of the City Code of Iowa. Dated this 14th day of May, 2012. Suzy Schar s, City Clerk, Waterloo, Iowa (End of Notice) - 5 - PASSED AND APPROVED this 1e day of May, 2012. Ernest G. Clark, Mayor ATTEST: Su chares City Clerk - 6 - CERTIFICATE STATE OF IOWA ) ) SS COUNTY OF BLACK HAWK ) I, the undersigned City Clerk of Waterloo, Iowa, do hereby certify that attached is a true and complete copy of the portion of the corporate records of said Municipality showing proceedings of the Council, and the same is a true and complete copy of the action taken by said Council with respect to said 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 (a copy of the face sheet of said agenda being attached hereto) 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 said 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 said 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 said Municipality hereto affixed this 14th day of May, 2012. Suzy Schar s, City Clerk, Waterloo, Iowa SEAL 00867088-1\11310-095 - 7 - CIG-18 STATE OF IOWA ) ) SS COUNTY OF BLACK HAWK ) I, the undersigned, do hereby certify that I am now and was at the times hereinafter mentioned, the duly qualified and acting Clerk of the City of Waterloo, in the County of Black Hawk, State of Iowa, and that as such Clerk and by full authority from the Council of said City, I have caused a NOTICE OF MEETING OF THE COUNCIL OF THE CITY OF WATERLOO, IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF NOT TO EXCEED $700,000 PRINCIPAL AMOUNT OF GENERAL OBLIGATION BONDS (FOR GENERAL CORPORATE PURPOSES), AND HEARING ON ISSUANCE OF SAID BONDS of which the clipping annexed to the publisher's affidavit hereto attached is in words and figures a correct and complete copy, to be published as required by law in the Waterloo Courier, a legal newspaper published at least once weekly, printed wholly in the English language, published regularly and mailed through the post office of current entry for more than two years and which has had for more than two years a bona fide paid circulation recognized by the postal laws of the United States, and has a general circulation in the City, and that said Notice was published in said newspaper in all of the issues thereof published and circulated on the following date: May 24, 2012 WITNESS my official signature at Waterloo, Iowa, this 14th day of May, 2012. Suzy Sch es, City Clerk (SEAL) 00867093-1\11310-09 5 STATE OF IOWA, } I do solemnly swear that the annexed copy of the legal publication for the Black Hawk County, SS City of Waterloo Notice-General Obligation Bonds $700,000 Notice was published in the Waterloo-Cedar Falls Courier, a daily newspaper printed in Waterloo, Black Hawk County, Iowa, one time commencing on the 24th day of May, 2012 in the issues of NCIILL TICE OF THE CITY OF WATEROF MEETING OF THLOO,10- ' May 24, 2012 WA,ON THE MATTER OF THE PRO- POSED ISSUANCE OF NOT TO EX- CEED$700,000 PRINCIPAL AMOUNT ((FOR GENERAL CORPORATE URF GENERAL OBLIGATION S Of said newspaper, and that the annexed legal rate of POSES),AND HEARING ON ISSU- advertised is the regular rate of said newspaper, and ANCE OF SAID BONDS Public Notice is hereby given that the Council d a ipubt ceCity paring on the 29th da will y of that the following is a correct bill for publishing said May,2012,at 5:30 o'clock P.M.,in the notice. Council Chambers,City Hall,Waterloo, Iowa,at which meeting the Council pro- poses to take action for the issuance of not to exceed$700,000 of General Obli- Printer's Bill $18.27 gation Bonds,bearing interest at the rate percen (9 of not t ofe providing Inge tot c per ts annum,said bonds to be issued for the purpose acquisition, it on,cons funds pay costs of acquisition,construction,improve- ment andequipping city facilities,includ- ing a new public works building. Signed At any time before the date of said meet- ing,a petition,asking that the question of issuing such bonds be submitted to the legal voters of said City,may be filed with the Clerk of said City in the manner pro- vided by Section 362.4 of the City Code Subscribed and sworn to before me this .3`1 of Iowa,pursuant to the provisions of Section 384.26(5)of the City Code of Iowa. This Notice is given by order of the Coun- oil of the City of Waterloo,Iowa,as pre- Day of A.D 20 / ., �vided by Section 384.26(5)of the City Code of Iowa. .ziece„ i Dated at Waterloo,Iowa,this 14th day of r s SUE ALANIZ 761 May,2012. Suzy Schares _ COMMISSION NO.761976 City Clerk of Waterloo,Iowa ° nsmr- ° MYY� 11�MI$SIQNEXPIRES Notary Public Received of the sum of Dollars. In full for publication of the above notice.