HomeMy WebLinkAbout2004-857-12.20.2004 17
COMPLETE AND RETURN TO
MR. NOTH
(This Notice to be posted)
NOTICE AND CALL OF PUBLIC MEETING
Governmental Body: The City Council of Waterloo, Iowa.
Date of Meeting: December 20 , 2004.
Time of Meeting: 5 : 30 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:
Taxable General Obligation bonds, Series 2001A
General Obligation Bonds, Series 2003A
• Public hearing on the proposed reallocation of unspent proceeds.
• Resolution instituting proceedings to take additional action.
Such additional matters as are set forth on the additional 5 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.
5C) sLJ-
City Cle , W t rloo, Iowa
Nancy E ert
December 20 , 2004
The City Council of Waterloo, Iowa, met in regular session, in the Council
Chambers, City Hall, Waterloo, Iowa, at 5 : 3 0 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
* * * * * * *
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The Mayor announced that this was the time and place for the public hearing and
meeting on the matter of the proposed reallocation of not to exceed $48,000 in unspent
proceeds of the Taxable General Obligation Bonds, Series 2001A and the General
Obligation Bonds, Series 2003A, in order to provide funds to pay costs of the acquisition
and demolition of abandoned, dilapidated or dangerous buildings, structures or properties,
and that notice of the proposed action by the Council to institute proceedings for the
proposed reallocation had been published pursuant to the provisions of Sections 364.6
and 384.25 of the City Code of Iowa.
The Mayor then asked the Clerk whether any written objections had been filed by
any City resident or property owner to the proposed reallocation. The Clerk advised the
Mayor and the Council that 0 written objections had been filed. The Mayor then
called for oral objections to the proposed reallocation and 0 were made.
Whereupon, the Mayor declared the time for receiving oral and written objections to be
closed.
(Attach here a summary of objections
received or made, if any)
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The Council then considered the proposed action and the extent of objections
thereto.
Whereupon, Council Member Welper introduced and delivered to
the Clerk the Resolution hereinafter set out entitled "RESOLUTION INSTITUTING
PROCEEDINGS TO TAKE ADDITIONAL ACTION AND APPROVING THE
REALLOCATION OF CERTAIN UNSPENT PROCEEDS OF THE TAXABLE
GENERAL OBLIGATION BONDS, SERIES 2001A AND THE GENERAL
OBLIGATION BONDS, SERIES 2003A, OF THE CITY OF WATERLOO, IOWA", and
moved:
® that the Resolution be adopted.
to ADJOURN and defer action on the Resolution and the proposal to institute
proceedings for the proposed reallocation to the meeting to be held at
o'clock .M. on the day of
2004, at this place.
Council Member Cole seconded the motion. The roll was
called and the vote was,
AYES: Kincaid, Cole, Greenwood , Clark,
Schmitt , Gunderson , Welper
NAYS: none
Whereupon, the Mayor declared the measure duly adopted.
RESOLUTION NO . 2004-857
RESOLUTION INSTITUTING PROCEEDINGS TO TAKE
ADDITIONAL ACTION AND APPROVING THE REALLOCATION OF
CERTAIN UNSPENT PROCEEDS OF THE TAXABLE GENERAL
OBLIGATION BONDS, SERIES 2001A AND THE GENERAL
OBLIGATION BONDS, SERIES 2003A, OF THE CITY OF
WATERLOO, IOWA
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WHEREAS,pursuant to notice published as required by law, this Council has held
a public meeting and hearing upon the proposal to institute proceedings for the
reallocation of certain unspent proceeds in the amount of not to exceed $48,000 (the
"Unspent Proceeds") of the Taxable General Obligation Bonds, Series 2001A and
General Obligation Bonds, Series 2003A, of the City of Waterloo, Iowa, to provide funds
to pay costs of the acquisition and demolition of abandoned, dilapidated or dangerous
buildings, structures or properties, and has considered the extent of objections received
from residents or property owners as to said proposal and, accordingly the following
action is now considered to be in the best interests of the City and residents thereof:
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA:
Section 1. That this Council does hereby institute proceedings and takes additional
action for the reallocation of the Unspent Proceeds of the Taxable General Obligation
Bonds, Series 2001A and General Obligation Bonds, Series 2003A, for the foregoing
purpose, and the reallocation of the Unspent Proceeds to pay costs of the acquisition and
demolition of abandoned, dilapidated or dangerous buildings, structures or properties is in
all respects authorized and approved.
Section 2. The Chief Financial Officer is authorized and directed to take such
action as may be necessary to effect and implement the foregoing reallocation of the
Unspent Proceeds to the acquisition and demolition of abandoned, dilapidated or
dangerous buildings, structures or properties, and to cause the records and accounts of the
City to reflect the same.
PASSED AND APPROVED this 2 0 t h day of December
2004.
Mayor Tim Hurley
ATTEST:
City Cl k Na y Eckert
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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 2 n d
day of December , 2004.
City Clerk, W t rloo, Iowa
Nancy Ec ert
SEAL
DCORNELL\435303 1\WP\11310000
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