HomeMy WebLinkAbout2004-813-11.22.2004 13
(This Notice to be posted)
NOTICE AND CALL OF PUBLIC MEETING
Governmental Body: The City Council of Waterloo, Iowa.
Date of Meeting: November 22 , 2004.
Time of Meeting: 5 : 30 o'clockP .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 $740,000 General Obligation Bonds.
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.
(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.
CckJ2,3—
, CMC
City Clerk, rloo, Iowa
November 22 , 2004
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, Cole, Greenwood, Clark , Schmitt , Gunderson, Welper
Absent: none
* * * * * * *
-1-
Council Member Gunderson introduced the following Resolution
entitled "RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSITION
OF THE ISSUANCE OF NOT TO EXCEED $740,000 GENERAL OBLIGATION
BONDS (FOR ESSENTIAL CORPORATE PURPOSES) 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, Cole, Greenwood , Clark, Schmitt , Gunderson, Welper
NAYS:
none
Whereupon, the Mayor declared the resolution duly adopted as follows:
RESOLUTION NO . 2004-813
RESOLUTION FIXING DATE FOR A MEETING ON THE
PROPOSITION OF THE ISSUANCE OF NOT TO
EXCEED $740,000 GENERAL OBLIGATION 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 Bonds to the amount of not to exceed $740,000, as
authorized by Sections 384.24(3)(q) and 384.25 of the City Code of Iowa, for the purpose
of providing funds to pay costs of carrying out essential corporate purpose projects 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 the right to petition for an election and to receive oral and/or
written objections from any resident or property owner of said City to such action.
•
-2-
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 13 t h day of December , 2004,
for the purpose of taking action on the matter of the issuance of not to exceed $740,000
General Obligation Bonds for essential corporate purposes of said City, the proceeds of
which bonds will be used to provide funds to pay costs of aiding in the planning,
undertaking and carrying out of urban renewal project activities under the authority of
Chapter 403 of the Code of Iowa and the Urban Renewal Plan for the San Marnan Urban
Renewal Area, including those costs associated with the funding of an economic
development grant to Penaluna Enterprises, LLC in respect of the employment
opportunities being created and development activities being undertaken by said
developer in the San Marnan Urban Renewal Area.
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 ten clear 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:
-3-
NOTICE OF MEETING OF THE COUNCIL OF THE CITY OF
WATERLOO, IOWA, ON THE MATTER OF THE PROPOSED
ISSUANCE OF NOT TO EXCEED $740,000 GENERAL OBLIGATION
BONDS (FOR ESSENTIAL CORPORATE PURPOSES) 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 13 t h day of December , 2004, at
5 : 3 0 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
$740,000 General Obligation Bonds for essential corporate purposes of said City, in order
to provide funds to pay costs of aiding in the planning, undertaking and carrying out of
urban renewal project activities under the authority of Chapter 403 of the Code of Iowa
and the Urban Renewal Plan for the San Marnan Urban Renewal Area, including those
costs associated with the funding of an economic development grant to Penaluna
Enterprises, LLC in respect of the employment opportunities being created and
development activities being undertaken by said developer in the San Marnan Urban
Renewal Area.
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.
At any time before the date of said meeting, a petition, asking that the question of
issuing such Bonds be submitted to the legal voters of said City, may be filed with the
Clerk of said City in the manner provided by Section 362.4 of the City Code of Iowa,
pursuant to the provisions of Section 384.24(3)(q) of the City Code of Iowa.
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 22nd day of November , 2004.
City C rk of aterloo, Iowa
Nancy ckert
(End of Notice)
-4-
PASSED AND APPROVED this 2 2 n d day of November
2004.
Mayor Tim Hurle
ATTEST:
C-C12,3—
C�i C1 k Na 41 Eckert
-5-
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 2 4 t h
day of November , 2004.
0
City Cterk, Waterloo, Iowa
Nancy �ckert
SEAL
D CORNELL\43 3 743.1\W P\11310000
-6-