HomeMy WebLinkAbout2020-299-05/4/2020-(GCP-4) ITEMS TO INCLUDE ON AGENDA
CITY OF WATERLOO, IOWA
Not to Exceed $700,000 General Obligation Bonds (GCP-4)
• Resolution fixing date for a meeting on the proposition to issue.
NOTICE MUST BE GIVEN PURSUANT TO IOWA CODE
CHAPTER 21 AND THE LOCAL RULES OF THE CITY.
May 4, 2020
The City Council of the City of Waterloo, State of Iowa, met via electronic means, an in-
person meeting having been determined to be impossible or impractical due to the COVID-19
pandemic, in Regular session, at 5:30 P.M., on the above date. There were present Mayor
Quentin Hart, in the chair, and the following named Council Members:
Boesen, Amos, Morrissey, Klein, Feuss, Grieder and Juon
Absent: None
Vacant: None
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Council Member Juon introduced the following Resolution entitled "RESOLUTION
FIXING DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF NOT
TO EXCEED $700,000 GENERAL OBLIGATION BONDS OF THE CITY OF WATERLOO,
STATE OF IOWA (FOR GENERAL CORPORATE PURPOSES),AND PROVIDING FOR
PUBLICATION OF NOTICE THEREOF", and moved that the same be adopted. Council
Member Morrissey seconded the motion to adopt. The roll was called and the vote was,
AYES: Amos, Morrissey, Klein, Feuss, Grieder, Juon, Boesen
NAYS: None
Whereupon, the Mayor declared the resolution
p y eso upon duly adopted as follows:
RESOLUTION NO. 2020-299
RESOLUTION FIXING DATE FOR A MEETING ON THE
PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED
700$ ,000 GENERAL OBLIGATION BONDS OF THE CITY OF
WATERLOO, STATE OF IOWA(FOR GENERAL
CORPORATE PURPOSES), AND PROVIDING FOR
PUBLICATION OF NOTICE THEREOF
WHEREAS, it is deemed necessary and advisable that the City of Waterloo, State of
Iowa, should issue General Obligation Bonds, to the amount of not to exceed $700,000, as
authorized by Section 384.26, of the Code of Iowa, for the purpose of providing funds to pay
costs of carrying out general corporate purpose project(s) as hereinafter described; and
WHEREAS, the Issuer has a population of more than 5,000 but not more than 75,000,
and the Bonds for these purposes do not exceed $700,000; and
WHEREAS, before the Bonds may be issued, it is necessary to comply with the
provisions of Chapter 384 of the 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 CITY COUNCIL OF CITY OF
WATERLOO, STATE OF IOWA:
Section 1. That this Council meet at 5:30 P.M., on the 18th day of May, 2020, for the
purpose of taking action on the matter of the issuance of not to exceed$700,000 General
Obligation Bonds, for general corporate purposes, the proceeds of which bonds will be used to
provide funds to pay the costs of reconstruction, construction,renovation, remodeling,
improvement, equipping and repairing of various City buildings and facilities; acquisition of city
wide technology and computer equipment including software and network storage upgrades,
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expansions and replacements; improvements to and restoration of wetland areas; and the
acquisition, improvement, and equipping of the public library 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 the meeting, in a legal newspaper,printed wholly in the English language,
published at least once weekly, and having general circulation in the City. The publication to be
not less than ten clear days nor more than twenty days before the date of the public meeting on
the issuance of the Bonds.
Section 3. The notice of the proposed action to issue bonds shall be in substantially the
following form:
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(To be published on May 6, 2020)
NOTICE OF MEETING OF THE CITY COUNCIL OF THE
CITY OF WATERLOO, STATE OF IOWA, ON THE MATTER
OF THE PROPOSED ISSUANCE OF NOT TO EXCEED
$700,000 GENERAL OBLIGATION BONDS OF THE CITY
(FOR GENERAL CORPORATE PURPOSES), AND THE
HEARING ON THE ISSUANCE THEREOF
PUBLIC NOTICE is hereby given that the City Council of the City of Waterloo, State of
Iowa,will hold a public hearing on the 18th day of May, 2020, at 5:30 P.M., at which meeting the
Council proposes to take additional action for the issuance of not to exceed $700,000 General
Obligation Bonds, for general corporate purposes, bearing interest at a rate of not to exceed nine
(9)per centum per annum,the Bonds to be issued to provide funds to pay the costs of
reconstruction, construction, renovation, remodeling, improvement, equipping and repairing of
various City buildings and facilities; acquisition of city wide technology and computer
equipment including software and network storage upgrades, expansions and replacements;
improvements to and restoration of wetland areas; and the acquisition, improvement, and
equipping of the public library.
The City of Waterloo will continue to hold City Council meetings as scheduled, however
in response to COVID-19, elected officials and city staff will participate via videoconferencing
with elected officials and city staff dialing in to the meeting to participate.
The public is invited to speak on public hearing items in the following ways. Call the
City Clerk's Office at 319-291-4323 no later than 4:45 p.m. on the day of the meeting to obtain
conference call information. Alternatively, you may email your comments to
comments@waterloo-ia.org and they will be read during the public hearing. Please state the
public hearing item on which you wish to speak.
At any time before the date of the meeting, a petition, asking that the question of issuing
such Bonds be submitted to the legal voters of the City, may be filed with the Clerk of the City in
the manner provided by Section 362.4 of the Code of Iowa,pursuant to the provisions of Section
384.26 of the Code of Iowa.
At the above meeting the Council shall receive oral or written objections from any
resident or property owner of the City to the above action. After all objections have been
received and considered, the Council will at the meeting or at any adjournment thereof, take
additional action for the issuance of the Bonds or will abandon the proposal to issue said Bonds.
This notice is given by order of the City Council of the City of Waterloo, State of Iowa,
as provided by Section 384.26 of the Code of Iowa.
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Dated this 4th day of May, 2020.
ar
Yelley Felchle ity Clerk, City of Waterloo,
State of Iowa
(End of Notice)
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PASSED AND APPROVED this 4th day of May, 2020.
Quentin Hart, Mayor
ATTEST:
elley Fe1e , City Clerk
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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 this 4th day of May, 2020.
elley Felc , City C erk, City of Waterloo,
State of to
JAI!���� 1\u
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w
(SEAL)
CERTIFICATE
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 the City, I
have caused a
NOTICE OF PUBLIC HEARING
(Not to Exceed $700,000 General Obligation Bonds) (GCP-4)
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 the Notice was
published in all of the issues thereof published and circulated on the following date:
May 6,2020.
WITNESS my official signature this 6th day of May, 2020.
Kelley Fel le, City Clerk, City of Waterloo,
State of Io a
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(SEAL)
*** Proof of Publication ***
Courier Communications NOTICE OF MEETING OF THE CITY
COUNCIL OF THE CITY OF
100 East 4th Street, Waterloo, Iowa 50703 WATERLOO,STATE OF IOWA,ON THE
MATTER OF THE PROPOSED
Black Hawk County ISSUANCE OF NOT TO EXCEED
$700,000 GENERAL OBLIGATION
BONDS OF THE CITY(FOR GENERAL
CORPORATE PURPOSES),AND THE
HEARING ON THE
ISSUANCE THEREOF
PUBLIC NOTICE is hereby given that the
City Council of the City of Waterloo,State
I do solemnly swear that the annexed copy of notice was published in of Iowa,will hold a public hearing on the
18th day of May,2020,at 5:30 P.M., at
the WATERLOO/CEDAR FALLS COURIER, a daily newspaper which meeting the Council proposes to
printed in WATERLOO, Black Hawk County, Iowa, and that the take
eto additional
eed action 00r t issuance o sa-f
Oblige-
annexed rate of advertising is the regular legal rate of said tien Bonds,for general corporate purpo-
ses, bearing interest at a rate of not to
newspaper, and that the following is a correct bill for publishing said exceed nine(9) per centum per annum,
p 9 the Bonds to be issued to provide funds
notice. to pay the costs of reconstruction,
construction, renovation, remodeling,im-
provement, equipping and res andpairing of
es;
Waterloo, City of- Legals various City city technology faciliand
acquisitionu of cit
computer equipment including ftware
and network storage upgrades, expan-
sions and replacements;improvements to
and restoration of wetland areas;and the
715 MULBERRY ST. acquisition, improvement, and equipping
of the public library.
The City of Waterloo will continue to hold
WATERLOO IA 50703 City Council meetings as scheduled,
however in response to COVID-19,
elected officials and city staff will
participate via videoconferencing with
elected officials and city staff dialing in to
the meeting to participate.
ORDER NUMBER 181378 The public is invited to speak on public
hearing items in the following ways.Call
the City Clerk's Office at 319-291-4323 no
later than 4:45 p.m. on the day of the
c meeting to obtain conference call informa-
tion. Alternatively, you may email your
comments to comments®waterloo-ia.org
and they will be read during the public
hearing. Please state the public hearing
item on which you wish 10 speak.
y
Signed At any time before the date of the
meeting, a petition, asking that the
question of issuing such Bonds be
�'y�� submitted to the legal voters of the City,
Subscribed and sworn to before me this Jday of , Z may be filed with the Clerk of the City in
/,J��� the manner provided by Section 362A of
the Code of Iowa, pursuant to the
`f//`►,_/./`�/-/lp/jprovisions of Section 364.26 of the Code
ofIewa.
ive(7aliD(
JAt the above meeting the Council shall
receive oral or wdden objections from any
Nota Pub resident or property owner of the City to
ry the above action.After all objections have
been received and considered, the
Council will at the meeting or at any
Received of adjournment thereof, take additional
action for the issuance of the Bonds or
will abandon the proposal to issue said
Bonds.
the sum of Dollars in full This notice is given by order of the City
Council of the City of Waterloo,Slate of
for publication of the above invoice. Iowa, as provided by Section 384.26 of
the Code of Iowa,on this 4th day of May,
2020.
Notary Seal: ,v.r.`, i Kelley Felchle,City Clerk,
JODI E MCKINSTRY City of Waterloo,State of Iowa
T''COMMJSS!O NO.782413
MY EXPIRES t
Section: Legals
Category: 950 Legal Notice
PUBLISHED ON: 05/06/2020
TOTAL AD COST: 38.10
FILED ON: 5/18/2020