HomeMy WebLinkAboutNotice of Bond Sale Series 2020A and 2020B $7,025,000 *** Proof of Publication ***
Courier Communications NOTICE OF BOND SALE
Time and Place of Sealed Bids' Bids for
100 East 4th Street, Waterloo, Iowa 50703 the sale of Bonds of the City of Waterloo,
State of Iowa,hereafter described,must
Black Hawk County be received at the office of the City Clerk,
City Hall,715 Mulberry Street,Waterloo,
Iowa(the"Issuer")at the times specified
below,on the 2nd day of June,2020.The
bids will then be publicly opened and
referred for action to the meeting of the
Ci Council in conformity with the Terms
I do solemnly swear that the annexed copy of notice was published in T�ffBonda: The Bondggs (�end5�to be
offered are
the WATERLOO/CEDAR FALLS COURIER, a daily newspaper GENERAL tOBLIIGATnON BONDS, SER-
printed in WATERLOO, Black Hawk Count Iowa, and that the IES 2020A,in the amount of$7,025,000%
y� to be dated June 29, 2020, bids to be
annexed rate of advertising is the regular legal rate of said TAXABLEGENERA
received before
OBLIGATION
newspaper, and that the following is a correct bill for publishing said BONDS,
,0RIESo 2 den the
amounne t
of notice. 2020, bids to be received before 11:00
A.M.
'Subject to principal adjustment pursuant
to official Terms of Offering.
Waterloo, City of- Legals Manner of Bidding:Open bids will not be
received. Bids will be received in any of
the following methods:
Sealed Bidding: Sealed bids may be
submitted and will be received at the
715 MULBERRY ST. office of the City Clerk at City Hall,715
Mulberry Street,Waterloo,Iowa.
WATERLOO IA 50703 mElectronic Internet Bidding: Electronic
Inteet bids will be received at the office
of the City Clerk at City Hall,715 Mulberry
Street,ed too,Iowa.The bids must be
submitted through the SPEERAUCTION
competitive bidding system.
Electronic Facsimile Bidding: Electronic
ORDER NUMBER 182182 facsimile bids will be received by the City
Clerk at City Hall, 715 Mulberry Street,
Waterloo, Iowa (facsimile number: (319)
291-4571)or the City's Municipal Advisor,
Speer Financial,Waterloo,Iowa(facsim-
ile number: (319) 291-8628). Electronic
facsimile bids will be treated as sealed
bids.
Consideration of Bids:After the time for
Signed receipt of bids has passed, the close of
sealed bids will be announced. Sealed
bids will then be publicly opened and
announced. Finally, electronic Internet
bids will be accessed and announced.
Subscribed and sworn to before me thi day of 20?&) Sale and Award:The sale and award of
the Bonds will be held at the Council
Chambers,City Hall,715 Mulberry Street,
Waterloo, Iowa at a meeting of the City
Council on the above date at 3:30 P.M.
Official Statement:The Issuer has issued
an Official Statement of information
Notary Public pertaining to the Bonds to be offered,
including a statement of the Terms of
Offering and an Official Bid Form,which
is incorporated by reference as a part of
Received of this notice.The Official Statement may be
obtained by request addressed to the City
Clerk, City Hall, 715 Mulberry Street,
Waterloo, Iowa or the Issuers Municipal
the sum of Dollars in full Advisor. Speer Financial, 531 Commer-
cial Street, Waterloo, Iowa, 50703,
for publication of the above invoice. Telephone:319-291-2077.
Terms of Offering: All bids shall be in
conformity with and the sale shall be in
gf VC t� accordance with the Terms of Offerin as
Notary Seal:
t�*t"t s� Jo®I E`tIkCNNSTR�a'C set forth in the Official Statement. g
f �� tOA NQ 7�,�k 8.,Y Legal Opinion: The Bonds will be sold
ll subject to the opinion of Ahlers 8 Cooney,
A7Y s viae P.C.,Attorneys of Des Moines,Iowa as
to the legality and their opinion will be
Section: Legals V furnished together with the printed Bonds
without cost to the purchaser and all bids
will be so conditioned. Except to the
Category: 950 Legal Notice extent necessary to issue their opinion as
to the legality of the Bonds,the attorneys
will not examine or review or express any
PUBLISHED ON: 05/22/2020 opinion with respect to the accuracy or
completeness of documents,materials or
statements made or furnished in connec-
tion with the sale,issuance or marketing
of the Bonds.
Rights Reserved:The right is reserved to
reject any or all bids,and to waive any
irregularities as deemed to be in the best
TOTAL AD COST: 49.13 interests of the public.
By order of the City Council of the City of
FILED O N. 5/26/2020
Waterloo,state of Iowa.
Kelley FellState
City Clerk.Waterloo,IA