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HomeMy WebLinkAbout2012-458-05/14/2012 (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 $6,950,000 General Obligation Refunding Bonds (ECP-7) 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. uzy Schar s, City Clerk, Waterloo, Iowa - 1 - 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 $6,950,000 GENERAL OBLIGATION REFUNDING BONDS (FOR ESSENTIAL CORPORATE PURPOSES) OF WATERLOO, IOWA, 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. 2012-458 RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED $6,950,000 GENERAL OBLIGATION REFUNDING BONDS (FOR ESSENTIAL CORPORATE PURPOSES) OF WATERLOO, IOWA, AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF WHEREAS, it is deemed necessary and advisable that the City of Waterloo, Iowa, should issue General Obligation Refunding Bonds to the amount of not to exceed $6,950,000, as authorized by Section 384.25 of the City Code of Iowa, for the purpose of providing funds to pay costs of carrying out an essential corporate purpose project as hereinafter described; and WHEREAS, before said bonds may be issued, it is necessary to comply with the provisions of said Code, and to publish a notice of the proposal to issue such bonds and of the time and place of the meeting at which the Council proposes to take action for the issuance of the bonds and to receive oral and/or written objections from any resident or property owner of said City to such action. NOW, THEREFORE, BE IT RESOLVED BY THE CITY 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 $6,950,000 General Obligation Refunding Bonds for an essential corporate purpose of said City, the proceeds of which bonds will be used to provide funds to pay costs of refunding outstanding general obligation indebtedness of the City, consisting of the General Obligation Bonds, Series 2003A, dated June 15, 2003, General Obligation Bonds, Series 2005A, dated June 1, 2005, and General Obligation Bonds, Series 2005B, dated June 1, 2005. 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 four clear days nor more than twenty 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 $6,950,000 GENERAL OBLIGATION REFUNDING BONDS (FOR AN ESSENTIAL CORPORATE PURPOSE) OF SAID CITY, AND THE HEARING ON THE ISSUANCE THEREOF PUBLIC NOTICE is hereby iven 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 additional action for the issuance of not to exceed $6,950,000 General Obligation Refunding Bonds for an essential corporate purpose of said City, in order to provide funds to pay costs of refunding outstanding general obligation indebtedness of the City, consisting of the General Obligation Bonds, Series 2003A, dated June 15, 2003, General Obligation Bonds, Series 2005A, dated June 1, 2005, and General Obligation Bonds, Series 2005B, dated June 1, 2005. At the above meeting the Council shall receive oral or written objections from any resident or property owner of said City to the above action. After all objections have been received and considered, the Council will at this meeting or at any adjournment thereof, take additional action for the issuance of said bonds or will abandon the proposal to issue said bonds. This notice is given by order of the Council of Waterloo, Iowa, as provided by Section 384.25 of the City Code of Iowa. Dated this 14`" day of May, 2012. Suzy Schar s, City Clerk, Waterloo, Iowa (End of Notice) - 5 - PASSED AND APPROVED this 14th day of May, 2012. Ernest G. Mayor ATTEST: LS),A--,1 L-5-'16 Ce,C12- 2 Suzy Schaes, 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 Sch res, City Clerk, Waterloo, Iowa SEAL 00867072-1\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 $6,950,000 GENERAL OBLIGATION REFUNDING BONDS (FOR AN ESSENTIAL CORPORATE PURPOSE) OF SAID CITY, AND THE HEARING ON THE ISSUANCE THEREOF 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. St Suzy Schl�re , City Clerk (SEAL) 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 $6,950,000 Notice was published in the Waterloo-Cedar Falls Courier, a daily newspaper printed in Waterloo, Black rvu 1 Ict oh MEETING OF THE COUN- Hawk County, Iowa, one time commencing on the CIL OF THE CITY OF WATERLOO,IO- WA,ON THE MATTER OF THE PRO- 24th day of May, 2012 in the issues of POSED ISSUANCE OF NOT TO EX- CEED$6,950,000 GENERAL OBLIGA- I TION REFUNDING BONDS(FOR AN ,f ESSENTIAL CORPORATE PURPOSE) May 24, 2012 OF SAID CITY,AND THE HEARING ON THE ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the Council of the City of Waterloo,Iowa, will hold a public hearing on the 29th day Of said newspaper, and that the annexed legal rate of of May,2012,at 5:30 o'clock P.M.,in the ' Council Chambers,City Hall,Waterloo, advertised is the regular rate of said newspaper, and Iowa,at which meeting the Council pro- poses aonal action fo the ssuancetofk not tolexceed$6,950,000 that the following is a correct bill for publishing said General Obligation Refunding Bonds for an essential corporate purpose of said notice. City,in order to provide funds to pay costs of refunding outstanding general obligation indebtedness of the City,con- sisting of the General Obligation Bonds, Printer's Bill $19.60 Series 2003A,dated June 15,2003, 200 ,General Obligation 1,2 Bonds,, Series 2005A,datedBJune, 1,riis5,and General tf� Obligation Bonds,Series 2005B,dated rV.`*�V•.•J ��, June 1,2005. ((( At the above meeting the Council shall receive oral or written objections from r Signed any resident or property owner of said City to the above action. After all objec- ' tions have been received and consid- aned,they Couenit will at this keaditoral I any adjournment thereof,take additional action for the issuance of said bonds or Subscribed and sworn to before me this will abandon the proposal to issue said bonds. /� This notice is given by order of Coun- cil /� VeiA tin Waterloo,Iowa,a Code of bya. Day of of aterlo dayof theo City 2012. lows. ".D., 2 Dated this 14th of May,2012. prxi , ^At�� Suzy Scharer r c: L.fYIY City Clerk ofWaterloo,Iowa COMMISSION NO.761976 a c MXCpb1y'I,SSSIION EXPIRES �ow� t-x.��ddml Notary Public Received of the sum of Dollars. In full for publication of the above notice.