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HomeMy WebLinkAbout2021 Combined Bond Sale *** Proof of Publication Courier Communications 100 East 4th Street, Waterloo, Iowa 50703 Black Hawk County I do solemnly swear that the annexed copy of notice was published in the WATERLOO/CEDAR FALLS COURIER, a daily newspaper printed in WATERLOO, Black Hawk County, Iowa, and that the annexed rate of advertising is the regular legal rate of said newspaper, and that the following is a correct bill for publishing said notice. Waterloo, City of - Legals 715 MULBERRY ST. WATERLOO IA 50703 ORDER NUMBER 197361 X20( AI Ll(�1 (11 L11Ci1Z� Signed /y Subscribed and sworn to before me this Q day of , 20aal. (�l ly- Notary Publi Received of the sum of Dollars in full for publication of the above invoice. Notary Seal: JOD1 E MCKINSTR`k w AMM O N0.7824112RES v Section: Legals Category: 950 Legal Notice PUBLISHED ON: 05/05/2021 TOTAL AD COST: 50.30 FILED ON: 5/7/2021 *** Proof of Publication *** NOTICE OF BOND SALE Time and Place of Sealed Bids:Bids for the sale of Bonds of the City of Waterloo, State of Iowa,hereafter described, must 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 19th day of May,2021.The bids will then be publicly opened and referred for action to the meeting of the City Council in conformity with the Terms of Offering. The Bonds.The Bonds to be offered are the lolla"rig. GENERAL OBLIGATION BONDS. SER- IES 2021A,in the amount of$14,370,000' ,to be dated June 22,2021,bids to be received before 10:30 A.M. TAXABLE GENERAL OBLIGATION BONDS, SERIES 20218,in the amount of:$8,610,000", to be dated June 22, 2021, bids to be received before 11:00 A.M. (Collectively,the"Bonds") *Sub act to principal adjustment pursuant to olicial Terms of Offering. 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 office of the City Clerk at City Hall, 715 Mulberry Street,Waterloo,Iowa. • Electronic Internet Bidding: Electronic internet bids will be received at the office of the City Clerk at City Hall,715 Mulberry Street,Waterloo,Iowa.The bids must be submitted through the SPEERAUCTION competitive bidding system. •Electronic Facsimile Bidding:Electronic 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) 291-8528). Electronic facsimile bids will be treated as sealed bids. Consideration of Bids.After the time for receipt of bids has passed,the close of sealed bids will be announced. Sealed bids will than be publicly opened and announced. Finally, electronic interne( bids will be accessed and announced. 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 Cfly Council on the above date at 5:00 P.M. Official Statement:The Issuer has issued an Official Statement of information 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 this notice.The Official Statement may be obtained by request addressed to the City Clerk, City Hell, 715 Mulberry Street, Waterloo, Iowa or the Issuer's Municipal Advisor. Speer Financial, 531 Commer. cial Street, Waterloo, Iowa, 50703. Telephone:319-291-2077. Terms of Offering: All bids shall be in conformity with and the sale shall be in accordance with the Terms of Offering as set forth in the Official Statement. Legal Opinion: The Bonds will be sold subject to the opinion of Ahlers&Cooney, P.C.,Attorneys of Des Moines, Iowa,as to the legality and their opinion will be furnished together with the printed Bonds without cost to the purchaser and all bids will be so conditioned. Except to the extent necessary to issue their opinion as to the legality of the Bonds.the attorneys will not examine or review or express any opinion with respect to the accuracy or completeness of documents,materials or statements made or fumished 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 interests of the public. By order of the City Council of the City of Waterloo,State of Iowa. Kelley Felchle,City Clerk City of Waterloo,Iowa