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Home My WebLink About2006-1029-11/20/2006 (This Notice to be posted) NOTICE AND CALL OF PUBLIC MEETING Governmental Body: The City Council of Waterloo, Iowa. Date of Meeting: November 20 , 2006. Time of Meeting: 5 : 0 0 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: • Resolution fixing date for a meeting on the proposal to reallocate certain unspent proceeds of the General Obligation Bonds, Series 2003A, of Waterloo, Iowa, and providing for publication of notice thereof Such additional matters as are set forth on the additional 7 page(s) attached hereto. (number) 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. Z City Clerk, W rloo, Iowa Nancy Ecke t November 20 , 2006 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 Tim Hurley , in the chair, and the following named Council Members: Kincaid, Welper, Gunderson, Greenwood, Getty, Cole , Schmitt Absent: None -1- Council Member Gunderson introduced the following Resolution entitled 'RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSAL TO REALLOCATE CERTAIN UNSPENT PROCEEDS OF THE GENERAL OBLIGATION BONDS, SERIES 2003A, OF WATERLOO, IOWA, AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF", and moved that the same be adopted. Council Member Welper seconded the motion to adopt. The roll was called and the vote was, AYES: Kincaid, Welper , Gunderson , Greenwood, Getty, Cole , Schmitt NAYS: Whereupon, the Mayor declared the resolution duly adopted as follows: Resolution No . 2006- 1029 RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSAL TO REALLOCATE CERTAIN UNSPENT PROCEEDS OF THE GENERAL OBLIGATION BONDS, SERIES 2003A, OF WATERLOO, IOWA, AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF WHEREAS, pursuant to a Resolution approved on June 10, 2003, the City Council of the City of Waterloo, Iowa has previously issued its General Obligation Bonds, Series 2003A, in the aggregate principal amount of$8,825,000 (the "Series 2003A Bonds"), for the purpose of paying costs of the reconstruction, extension and improvement of the Waterloo Municipal Airport; the acquisition, development and improvement of GIS/GPS mapping systems and components; the acquisition, construction and improvement of real and personal property useful for the protection of property from floods or high waters, including flood plain alleviation and relocation expenditures; the construction, reconstruction and repairing of street, sidewalk and intersection improvements; the acquisition of vehicles and equipment for the police, fire and street departments; the rehabilitation and improvement of City parks and the acquisition, repair and replacement of facilities, equipment and improvements commonly found in City parks; and the acquisition, improvement and installation of traffic control devices and street lighting fixtures; the aiding in the planning, undertaking and carrying out of urban renewal project activities under Chapter 403 of the Code of Iowa, as amended, and the Urban Renewal -2- Plans for the Downtown Waterloo Riverfront Urban Renewal Area, the Airport Tax Increment Redevelopment Area and the Rath Tax Increment Redevelopment Area, including the acquisition of properties, and related demolition and clearance activities, for subsequent private redevelopment and the construction of public improvements within such areas; the reconstruction and improvement of the Five Sullivan Brothers Center; the reconstruction, remodeling, repair and improvement of City buildings; and the acquisition of hardware and software and related computer replacement program expenditures; the acquisition of capital equipment and vehicles for City departments and operations; and the reconstruction and improvement.of the Youth Pavilion, Riverfront Stadium and sports and boating center facilities; the reconstruction and improvement of City golf courses; and the acquisition of golf and parks equipment; the funding of the City's obligations under an economic development guaranty agreement relating to expanded regional jet service at the Waterloo Municipal Airport; the refunding and refinancing of certain City indebtedness, consisting of the outstanding General Obligation Bonds, Series 1995, dated June 1, 1995; and construction and acquisition of sanitary sewer and wastewater treatment plant improvements and related facilities, including those costs associated with the replacement and installation of sanitary sewer liners and other corrosion and odor control improvements; and WHEREAS, certain proceeds of the Series 2003A Bonds remain unspent, and City staff has recommended that not to exceed $175,000 of such unspent proceeds (the "Unspent Proceeds") be applied for the purpose of paying costs of repairs at the East Park Avenue Parking Ramp; and WHEREAS, there being no procedure specified under Iowa law for consideration or approval of such a reallocation, it is hereby determined, pursuant to Section 364.6 of the Code of Iowa, that the procedure set forth in Section 384.25 should apply and that a hearing be held upon the proposal to reallocate the Unspent Proceeds to provide funds for the foregoing purpose. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA: Section 1. That this Council meet in the Council Chambers, City Hall, Waterloo, Iowa, at 5 : 3 0 o'clock P .M., on the 4 t h day of December , 2006, for the purpose of taking action on the matter of the proposed reallocation of the Unspent Proceeds of the Series 2003A Bonds to provide funds to defray all or a portion of the costs of repairs at the East Park Avenue Parking Ramp. -3- Section 2. That the City Clerk is hereby directed to cause one publication to be made of 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. Section 3. The notice of the proposed action shall be in substantially the following form: -4- NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, ON THE MATTER OF THE PROPOSED REALLOCATION OF CERTAIN UNSPENT PROCEEDS OF THE GENERAL OBLIGATION BONDS, SERIES 2003A, OF THE CITY OF WATERLOO, IOWA, AND THE PUBLIC HEARING THEREON PUBLIC NOTICE is hereby given that the Council of the City of Waterloo, Iowa, will hold apublic hearing on the 4th day of December -, 2006, a t 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 reallocation of certain unspent proceeds of the General Obligation Bonds, Series 2003A, of the City of Waterloo, Iowa(the "Series 2003A Bonds"), in the aggregate amount of not to exceed $175,000, in order to provide funds for repairs at the East Park Avenue Parking Ramp. Any person interested may appear at the public hearing, either orally or in writing, and be heard as to the reallocation of said proceeds of the Series 2003A Bonds for the above purposes. This Notice is given by order of the Council of Waterloo, Iowa, as provided by Sections 364.6 and 384.25 of the Code of Iowa, 2005, as amended. Dated this 20th day of November , 2006. c City Clerk of aterloo, Iowa Nancy Ecke (End of Notice) -5- PASSED AND APPROVED this 20th day of November 2006. Mayor Tim Hurley ATTEST: jCi Clerk, cy Eckert -6- CIG-3 9/91 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 22nd day of November , 2006. i City Clerk, W rloo, Iowa Nancy Ecker SEAL DC0RNtLL131_5060.I\WPU 1310000 -7- � Gtr. tr. td z 9 c/% rt7r0 � vrr ncx y na HCnyr � ma0 rvz z to n hi CWtr. � 71 77 >C H w z r y C7 77 tr. z H Cn G Cn tr. G H ti "d r x tr, ny C� tn � zc H ;o �- a � tr H G Gtr. �dy z Irl 7d :d • t" G � z G n tr G G tr. tr. tii H r Cnz o G G] o � G � y71G � z 9 x H N ztr, x t7 tr C) b tr b x, z z� G tr, G � y G dren H 'y zcr c� a7 r H G G1 H r G z