HomeMy WebLinkAbout2001-226-05.21.2001 OREGIMAL.
(This Notice to be posted)
NOTICE AND CALL OF PUBLIC MEETING
Governmental Body: The City Council of Waterloo, Iowa.
Date of Meeting: May 21 , 2001.
Time of Meeting: 5 : 3 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:
$6,025,000 General Obligation Bonds.
$ 700,000 General Obligation Bonds.
$ 660,000 General Obligation Bonds.
$ 525,000 General Obligation Bonds.
$ 360,000 General Obligation Bonds.
$ 410,000 General Obligation Bonds.
$1,320,000 General Obligation Bonds.
$ 700,000 General Obligation Bonds.
Not to Exceed $4,000,000 General Obligation Bonds.
• Public hearing on the issuance.
• Resolution instituting proceedings to take additional action.
Such additional matters as are set forth on the additional 29 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.
-71/400 pj
City Clerk, Vgterloo, Iowa Nancy Eckert
May 9 1 , 2001
The City Council of Waterloo, Iowa, met inr e g u i a r 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 John R. Roof f , in the chair, and the following
named Council Members:
Anders , Jordan , Krizek, Murphy
Gronen , Getty, Retry
Absent:
* * * * * * *
-1-
The Mayor announced that this was the time and place for the public hearing and
meeting on the matter of the issuance of$6,025,000 General Obligation Bonds in order
to provide funds to pay costs of the opening, widening, extending, and grading of streets
and public ways and the construction, reconstruction and repair of improvements thereto;
the construction, reconstruction, and repairing of sidewalks; the construction,
reconstruction, extension and improving of facilities useful for the collection, treatment
and disposal of sewage and industrial waste in a sanitary manner, for the collection and
disposal of surface waters and streams; the rehabilitation, improvement and equipping of
existing city parks; the reconstruction, extension and improvement of the Municipal
Airport; the equipping of the fire, police, sanitation, street and civil defense departments;
the improvement of waterways, and real and personal property, useful for the protection
or reclamation of property situated within the corporate limits of the city from floods or
high waters and the acquisition, construction, improvement, installation and repair of
traffic control devices and street lighting fixtures, essential corporate purposes, and that
notice of the proposed action by the Council to institute proceedings for the issuance of
said bonds, had been published pursuant to the provisions of Section 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 issuance of said bonds. The Clerk advised the
Mayor and the Council that No written objections had been filed. The Mayor then
called for oral objections to the issuance of said bonds and none 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)
-2-
The Mayor announced that this was the time for meeting on the matter of the
issuance of not to exceed $700,000 of general obligation bonds in order to provide funds
to pay costs of the construction and remodeling of city buildings and facilities;
renovation of the Five Sullivan Brothers Center; construction or reconstruction of
buildings and facilities for compliance with the Americans with Disabilities Act;
computer system replacements; swimming pool renovations; improvements to the
Carnegie Library and improvements to fire stations, including roof and boiler repair and
HVAC replacement; general corporate purposes; and that notice of the proposal to issue
said bonds and the right to petition for an election had been published as provided by
Section 384.26, of the City Code of Iowa; and, the Mayor then asked the Clerk whether
any petition had been filed in the Clerk's Office, as contemplated in Section 384.26 of the
City Code of Iowa, and the Clerk reported that no such petition had been filed,
requesting that the question of issuing said bonds be submitted to the qualified electors
of the City.
Whereupon, the Mayor declared the hearing on the issuance of said bonds to be
closed.
-3-
The Mayor announced that this was the time for meeting on the matter of the
issuance of not to exceed $660,000 of general obligation bonds in order to provide funds
to pay costs of repairing the West Parking Ramp; a general corporate purpose; and that
notice of the proposal to issue said bonds and the right to petition for an election had
been published as provided by Section 384.26, of the City Code of Iowa; and, the Mayor
then asked the Clerk whether any petition had been filed in the Clerk's Office, as
contemplated in Section 384.26 of the City Code of Iowa, and the Clerk reported that no
such petition had been filed, requesting that the question of issuing said bonds be
submitted to the qualified electors of the City.
Whereupon, the Mayor declared the hearing on the issuance of said bonds to be
closed.
-4-
The Mayor announced that this was the time for meeting on the matter of the
issuance of not to exceed $525,000 of general obligation bonds in order to provide funds
to pay costs of improvements to City Buildings, including the Street Department, Central
Garage facilities and Five Sullivan Brothers Center; improvements to the Cultural and
Arts Center, including roof repair and HVAC replacement; fire station improvements;
improvements to the public library, including carpet replacement and improvements to
the Stadium and Young Ice Arena; general corporate purposes; and that notice of the
proposal to issue said bonds and the right to petition for an election had been published
as provided by Section 384.26, of the City Code of Iowa; and, the Mayor then asked the
Clerk whether any petition had been filed in the Clerk's Office, as contemplated in
Section 384.26 of the City Code of Iowa, and the Clerk reported that no such petition had
been filed, requesting that the question of issuing said bonds be submitted to the
qualified electors of the City.
Whereupon, the Mayor declared the hearing on the issuance of said bonds to be
closed.
-5-
The Mayor announced that this was the time for meeting on the matter of the
issuance of not to exceed $360,000 of general obligation bonds in order to provide funds
to pay costs of golf course improvements and equipment; a general corporate purpose;
and that notice of the proposal to issue said bonds and the right to petition for an election
had been published as provided by Section 384.26, of the City Code of Iowa; and, the
Mayor then asked the Clerk whether any petition had been filed in the Clerk's Office, as
contemplated in Section 384.26 of the City Code of Iowa, and the Clerk reported that no
such petition had been filed, requesting that the question of issuing said bonds be
submitted to the qualified electors of the City.
Whereupon, the Mayor declared the hearing on the issuance of said bonds to be
closed.
-6-
The Mayor announced that this was the time for meeting on the matter of the
issuance of not to exceed $410,000 of general obligation bonds in order to provide funds
to pay costs of payment of extraordinary legal obligations including retirement sick leave
buyout; a general corporate purpose; and that notice of the proposal to issue said bonds
and the right to petition for an election had been published as provided by Section
384.26, of the City Code of Iowa; and, the Mayor then asked the Clerk whether any
petition had been filed in the Clerk's Office, as contemplated in Section 384.26 of the
City Code of Iowa, and the Clerk reported that no such petition had been filed,
requesting that the question of issuing said bonds be submitted to the qualified electors
of the City.
Whereupon, the Mayor declared the hearing on the issuance of said bonds to be
closed.
-7-
The Mayor announced that this was the time for meeting on the matter of the
issuance of not to exceed $700,000 of general obligation bonds in order to provide funds
to pay costs of to restore and provide General Fund working capital; a general corporate
purpose; and that notice of the proposal to issue said bonds and the right to petition for
an election had been published as provided by Section 384.26, of the City Code of Iowa;
and, the Mayor then asked the Clerk whether any petition had been filed in the Clerk's
Office, as contemplated in Section 384.26 of the City Code of Iowa, and the Clerk
reported that no such petition had been filed, requesting that the question of issuing said
bonds be submitted to the qualified electors of the City.
Whereupon, the Mayor declared the hearing on the issuance of said bonds to be
closed.
-8-
The Mayor announced that this was the time for meeting on the matter of the
issuance of not to exceed $1,320,000 General Obligation Bonds of the City of Waterloo,
Iowa, in order to provide funds to pay costs of aiding in the planning, undertaking and
carrying out of an urban renewal project within the Downtown Urban Renewal Area of
the City under the authority of Chapter 403, and that notice had been published as
provided by Section 403.12 and Section 384.25 of the Code of Iowa, of the proposal to
issue said bonds and the right to petition for an election. The Mayor then asked the Clerk
whether any petition had been filed in the Clerk's office, as contemplated in Section
384.26 of the City Code of Iowa, and the Clerk reported that no such petition had been
filed, requesting that the question of issuing said bonds be submitted to the qualified
electors of said City.
The Mayor then asked the Clerk whether, pursuant to Section 384.25 of the City
Code of Iowa, any written objections had been filed by any City resident or property
owner of the City, to the issuance of said bonds. The Clerk advised the Mayor and the
Council that no written objections had been filed. The Mayor then called for oral
objections to the issuance of said bonds and none 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)
-9-
The Mayor announced that this was the time and place for the public hearing and
meeting on the matter of the issuance of not to exceed $4,000,000 General Obligation
Bonds in order to provide funds to pay costs of refunding the Series 1993A General
Obligation Bonds issued by the City, an essential corporate purpose, and that notice of
the proposed action by the Council to institute proceedings for the issuance of said
bonds, had been published pursuant to the provisions of Section 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 issuance of said bonds. The Clerk advised the
Mayor and the Council that n o written objections had been filed. The Mayor then
called for oral objections to the issuance of said bonds and none 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)
-10-
The Council then considered the proposed action and the extent of objections
thereto.
Whereupon, Council Member Jordan introduced and delivered to
the Clerk the Resolution hereinafter set out entitled "RESOLUTION INSTITUTING
PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE ISSUANCE OF
$6,025,000 GENERAL OBLIGATION BONDS", and moved:
that the Resolution be adopted.
to ADJOURN and defer action on the Resolution and the proposal to
institute proceedings for the issuance of bonds to the meeting to be held at
o'clock_.M. on the day of
2001, at this place.
Council Member Gronen seconded the motion. The roll was
called and the vote was,
AYES: Anders , Jordan, Krizek , Murphy,
Gronen. Getty, Berry
NAYS:
Whereupon, the Mayor declared the measure duly adopted.
Resolution No . 2001-226
RESOLUTION INSTITUTING PROCEEDINGS TO TAKE
ADDITIONAL ACTION FOR THE ISSUANCE OF
$6,025,000 GENERAL OBLIGATION BONDS
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
issuance of$6,025,000 General Obligation Bonds for the essential corporate purpose of
paying costs of the opening, widening, extending, and grading of streets and public ways
and the construction, reconstruction and repair of improvements thereto; the construction,
reconstruction, and repairing of sidewalks; the construction, reconstruction, extension and
improving of facilities useful for the collection, treatment and disposal of sewage and
industrial waste in a sanitary manner, for the collection and disposal of surface waters and
-11-
streams; the rehabilitation, improvement and equipping of existing city parks; the
reconstruction, extension and improvement of the Municipal Airport; the equipping of the
fire, police, sanitation, street and civil defense departments; the improvement of
waterways, and real and personal property, useful for the protection or reclamation of
property situated within the corporate limits of the city from floods or high waters and the
acquisition, construction, improvement, installation and repair of traffic control devices
and street lighting fixtures, and has considered the extent of objections received from
residents or property owners as to said proposed issuance of bonds; 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 sale and issuance in the manner required by law of$6,025,000
General Obligation Bonds for the foregoing essential corporate purpose.
Section 2. That this Resolution be and does hereby serve as a declaration of
official intent under Treasury Regulation 1.150-2, because the City reasonably expects to
reimburse with the proceeds of the Bonds, all or a portion of original expenditures
incurred in connection with the above purpose.
PASSED AND APPROVED this 21st day of May , 2001.
ay0 ohn R. Rooff
ATTEST:
Lyka
jztj -
City Clerk
Na cy Eckert
-12-
Whereupon, Council Member Jordan introduced and delivered
to the Clerk the Resolution hereinafter set out entitled "RESOLUTION INSTITUTING
PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE AUTHORIZATION
AND ISSUANCE OF NOT TO EXCEED $700,000 GENERAL OBLIGATION
BONDS", and moved:
® that the Resolution be adopted.
0 to ADJOURN and defer action on the Resolution and the proposal to
institute proceedings for the issuance of bonds to the meeting to be held at
o'clock_.M. on the day of , 2001, at this place.
Council Member Gronen seconded the motion. The roll was
called and the vote was,
AYES: Anders , Jordan, Krizek, Murphy
Gronen, Getty, Berry
NAYS:
Whereupon, the Mayor declared the measure duly adopted.
Resolution No . 2001-227
RESOLUTION INSTITUTING PROCEEDINGS TO TAKE
ADDITIONAL ACTION FOR THE AUTHORIZATION
AND ISSUANCE OF NOT TO EXCEED $700,000
GENERAL OBLIGATION BONDS
WHEREAS, pursuant to notice published as required by law, the Council has held
a public meeting and hearing upon the proposal to institute proceedings for the issuance
of not to exceed $700,000 General Obligation Bonds for general corporate purposes, in
order to provide funds to pay costs of the construction and remodeling of city buildings
and facilities; renovation of the Five Sullivan Brothers Center; construction or
reconstruction of buildings and facilities for compliance with the Americans with
Disabilities Act; computer system replacements; swimming pool renovations;
improvements to the Carnegie Library and improvements to fire stations, including roof
-13-
and boiler repair and HVAC replacement, and no petition was filed calling for a
referendum thereon. 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 COUNCIL OF THE CITY
OF WATERLOO, IOWA:
Section 1. That this Council does hereby institute proceedings and take additional
action for the authorization and issuance in the manner required by law of not to exceed
$700,000 General Obligation Bonds for the foregoing general corporate purpose.
Section 2. That this Resolution be and does hereby serve as a declaration of
official intent under Treasury Regulation 1.150-2, because the City reasonably expects to
reimburse with the proceeds of the Bonds, all or a portion of the original expenditures
incurred in connection with the above purpose.
PASSED AND APPROVED this 21 s t day of May , 2001.
i
Mayor o n R. Roof
ATTEST:
FcA01,..)—
City Clerk Na cy Eckert
-14-
Whereupon, Council Member .T o r d a n introduced and delivered
to the Clerk the Resolution hereinafter set out entitled "RESOLUTION INSTITUTING
PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE AUTHORIZATION
AND ISSUANCE OF NOT TO EXCEED $660,000 GENERAL OBLIGATION
BONDS", and moved:
® that the Resolution be adopted.
to ADJOURN and defer action on the Resolution and the proposal to
institute proceedings for the issuance of bonds to the meeting to be held at
o'clock .M. on the day of , 2001, at this place.
Council Member Gronen seconded the motion. The roll was
called and the vote was,
AYES: Anders , Jordan, Krizek, Murphy
Gronen, Getty, Berry
NAYS:
Whereupon, the Mayor declared the measure duly adopted.
Resolution No . 2001 - 228
RESOLUTION INSTITUTING PROCEEDINGS TO TAKE
ADDITIONAL ACTION FOR THE AUTHORIZATION
AND ISSUANCE OF NOT TO EXCEED $660,000
GENERAL OBLIGATION BONDS
WHEREAS, pursuant to notice published as required by law, the Council has held
a public meeting and hearing upon the proposal to institute proceedings for the issuance
of not to exceed $660,000 General Obligation Bonds for a general corporate purpose, in
order to provide funds to pay costs of repairing the West Parking Ramp, and no petition
was filed calling for a referendum thereon. The following action is now considered to be
in the best interests of the City and residents thereof:
-15-
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY
OF WATERLOO, IOWA:
Section 1. That this Council does hereby institute proceedings and take additional
action for the authorization and issuance in the manner required by law of not to exceed
$660,000 General Obligation Bonds for the foregoing general corporate purpose.
Section 2. That this Resolution be and does hereby serve as a declaration of
official intent under Treasury Regulation 1.150-2, because the City reasonably expects to
reimburse with the proceeds of the Bonds, all or a portion of the original expenditures
incurred in connection with the above purpose.
PASSED AND APPROVED this 21 s t day of May , 2001.
Mayor ohn R. Rooff
ATTEST:
City Clerk ancy Eckert
-16-
Whereupon, Council Member Jordan introduced and delivered
to the Clerk the Resolution hereinafter set out entitled "RESOLUTION INSTITUTING
PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE AUTHORIZATION
AND ISSUANCE OF NOT TO EXCEED $525,000 GENERAL OBLIGATION
BONDS", and moved:
® that the Resolution be adopted.
to ADJOURN and defer action on the Resolution and the proposal to
institute proceedings for the issuance of bonds to the meeting to be held at
o'clock .M. on the day of , 2001, at this
place.
Council Member Gronen seconded the motion. The roll was
called and the vote was,
AYES: Anders , Jordan, Krizek, Murphy
Gronen, Getty, Berry
NAYS:
Whereupon, the Mayor declared the measure duly adopted.
Resolution No . 2001-229
RESOLUTION INSTITUTING PROCEEDINGS TO TAKE
ADDITIONAL ACTION FOR THE AUTHORIZATION
AND ISSUANCE OF NOT TO EXCEED $525,000
GENERAL OBLIGATION BONDS
WHEREAS, pursuant to notice published as required by law, the Council has held
a public meeting and hearing upon the proposal to institute proceedings for the issuance
of not to exceed $525,000 General Obligation Bonds for general corporate purposes, in
order to provide funds to pay costs of improvements to City Buildings, including the
Street Department, Central Garage facilities and Five Sullivan Brothers Center;
improvements to the Cultural and Arts Center, including roof repair and HVAC
replacement; fire station improvements; improvements to the public library, including
carpet replacement and improvements to the Stadium and Young Ice Arena, and no
-17-
petition was filed calling for a referendum thereon. 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 COUNCIL OF THE CITY
OF WATERLOO, IOWA:
Section 1. That this Council does hereby institute proceedings and take additional
action for the authorization and issuance in the manner required by law of not to exceed
$525,000 General Obligation Bonds for the foregoing general corporate purpose.
Section 2. That this Resolution be and does hereby serve as a declaration of
official intent under Treasury Regulation 1.150-2, because the City reasonably expects to
reimburse with the proceeds of the Bonds, all or a portion of the original expenditures
incurred in connection with the above purpose.
PASSED AND APPROVED this 21 s t day of/May , 2001.
Mayor Jchn . Roof
ATTEST:
71/4_
fc L.
City Clerk Nancy Eckert
-18-
Whereupon, Council Member Jordan introduced and delivered
to the Clerk the Resolution hereinafter set out entitled "RESOLUTION INSTITUTING
PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE AUTHORIZATION
AND ISSUANCE OF NOT TO EXCEED $360,000 GENERAL OBLIGATION
BONDS", and moved:
® that the Resolution be adopted.
to ADJOURN and defer action on the Resolution and the proposal to
institute proceedings for the issuance of bonds to the meeting to be held at
o'clock .M. on the day of , 2001, at this
place.
Council Member Gronen seconded the motion. The roll was
called and the vote was,
Anders , Jordan, Krizek, Murphy
AYES:
Gronen, Getty, Berry
NAYS:
Whereupon, the Mayor declared the measure duly adopted.
Resolution No . 2001-230
RESOLUTION INSTITUTING PROCEEDINGS TO TAKE
ADDITIONAL ACTION FOR THE AUTHORIZATION
AND ISSUANCE OF NOT TO EXCEED $360,000
GENERAL OBLIGATION BONDS
WHEREAS, pursuant to notice published as required by law, the Council has held
a public meeting and hearing upon the proposal to institute proceedings for the issuance
of not to exceed $360,000 General Obligation Bonds for a general corporate purpose, in
order to provide funds to pay costs of golf course improvements and equipment, and no
petition was filed calling for a referendum thereon. The following action is now
considered to be in the best interests of the City and residents thereof:
-19-
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY
OF WATERLOO, IOWA:
Section 1. That this Council does hereby institute proceedings and take additional
action for the authorization and issuance in the manner required by law of not to exceed
$360,000 General Obligation Bonds for the foregoing general corporate purpose.
Section 2. That this Resolution be and does hereby serve as a declaration of
official intent under Treasury Regulation 1.150-2, because the City reasonably expects to
reimburse with the proceeds of the Bonds, all or a portion of the original expenditures
incurred in connection with the above purpose.
PASSED AND APPROVED this 21 s t day of Nay , 2001.
Mayor Jo n Rooff I
ATTEST:
City Clerk Nancy Eckert
-20-
Whereupon, Council Member Jordan introduced and delivered
to the Clerk the Resolution hereinafter set out entitled "RESOLUTION INSTITUTING
PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE AUTHORIZATION
AND ISSUANCE OF NOT TO EXCEED $410,000 GENERAL OBLIGATION
BONDS", and moved:
that the Resolution be adopted.
El to ADJOURN and defer action on the Resolution and the proposal to
institute proceedings for the issuance of bonds to the meeting to be held at
o'clock .M. on the day of , 2001,
at this place.
Council Member Gronen seconded the motion. The roll was
called and the vote was,
AYES: Jordan, Murphy, Gronen, Getty
NAYS: Anders , Krizek, Berry
Whereupon, the Mayor declared the measure duly adopted.
Resolution No . 2001-231
RESOLUTION INSTITUTING PROCEEDINGS TO TAKE
ADDITIONAL ACTION FOR THE AUTHORIZATION
AND ISSUANCE OF NOT TO EXCEED $410,000
GENERAL OBLIGATION BONDS
WHEREAS, pursuant to notice published as required by law, the Council has held
a public meeting and hearing upon the proposal to institute proceedings for the issuance
of not to exceed $410,000 General Obligation Bonds for a general corporate purpose, in
order to provide funds to pay costs of payment of extraordinary legal obligations
including retirement sick leave buyout, and no petition was filed calling for a referendum
thereon. The following action is now considered to be in the best interests of the City
and residents thereof:
-21-
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY
OF WATERLOO, IOWA:
Section 1. That this Council does hereby institute proceedings and take additional
action for the authorization and issuance in the manner required by law of not to exceed
$410,000 General Obligation Bonds for the foregoing general corporate purpose.
Section 2. That this Resolution be and does hereby serve as a declaration of
official intent under Treasury Regulation 1.150-2, because the City reasonably expects to
reimburse with the proceeds of the Bonds, all or a portion of the original expenditures
incurred in connection with the above purpose.
PASSED AND APPROVED this 21 s t day of May , 2001.
Mayor J n . Roof
ATTEST:
P4o-
City Clerk cy Eckert
-22-
Whereupon, Council Member Jordan introduced and delivered
to the Clerk the Resolution hereinafter set out entitled "RESOLUTION INSTITUTING
PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE AUTHORIZATION
AND ISSUANCE OF NOT TO EXCEED $700,000 GENERAL OBLIGATION
BONDS", and moved:
that the Resolution becarkaitgli be tabled indefinately.
0 to ADJOURN and defer action on the Resolution and the proposal to
institute proceedings for the issuance of bonds to the meeting to be held at
o'clock .M. on the day of , 2001, at this
place.
Council Member Gronen seconded the motion. The roll was
called and the vote was,
AYES: Anders , Jordan, KRizek, Murphy
Gronen, Getty, Berry
NAYS:
Whereupon, the Mayor declared the measure duly adopted.
RESOLUTION INSTITUTING PROCEEDINGS TO TAKE
ADDITIONAL ACTION FOR THE AUTHORIZATION
AND ISSUANCE OF NOT TO EXCEED $700,000
GENERAL OBLIGATION BONDS
WHEREAS, pursuant to notice published as required by law, the Council has held
a public meeting and hearing upon the proposal to institute proceedings for the issuance
of not to exceed $700,000 General Obligation Bonds for a general corporate purpose, in
order to provide funds to pay costs of to restore and provide General Fund working
capital, and no petition was filed calling for a referendum thereon. The following action
is now considered to be in the best interests of the City and residents thereof:
-23-
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY
OF WATERLOO, IOWA:
Section 1. That this Council does hereby institute proceedings and take additional
action for the authorization and issuance in the manner required by law of not to exceed
$700,000 General Obligation Bonds for the foregoing general corporate purpose.
Section 2. That this Resolution be and does hereby serve as a declaration of
official intent under Treasury Regulation 1.150-2, because the City reasonably expects to
reimburse with the proceeds of the Bonds, all or a portion of the original expenditures
incurred in connection with the above purpose.
PASSED AND APPROVED this �-! day of , 2001.
( 1-116yor
ATTEST:
LA
bAct--IN-75.-- F....L.„...J---
City Clerk
-24-
Whereupon, the Mayor declared the hearing on the issuance of said bonds to be
closed.
Whereupon, Council Member Jordan introduced and delivered
to the Clerk the Resolution hereinafter set out entitled "RESOLUTION INSTITUTING
PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE AUTHORIZATION
AND ISSUANCE OF NOT TO EXCEED $1,320,000 GENERAL OBLIGATION
BONDS", and moved its adoption. Council Member G r n n p n seconded
the motion to adopt. The roll was called and the vote was,
AYES: Anders , JOrdan, Krizek, Murphy
Gronen, Getty, Berry
NAYS:
Whereupon, the Mayor declared the measure duly adopted.
Resolution No . 2001-232
RESOLUTION INSTITUTING PROCEEDINGS TO TAKE
ADDITIONAL ACTION FOR THE AUTHORIZATION AND
ISSUANCE OF NOT TO EXCEED $1,320,000 GENERAL
OBLIGATION BONDS
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
issuance of not to exceed $1,320,000 General Obligation Bonds for the purpose of
paying costs of aiding in the planning, undertaking and carrying out of an urban renewal
project within the Downtown Urban Renewal Area of the City under the authority of
Chapter 403, and no petition was filed calling for a referendum thereon. 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 pursuant to Section 384.25 of the City Code of Iowa this Council
does hereby institute proceedings and take additional action for the authorization and
issuance in the manner required by law of not to exceed $1,320,000 General Obligation
Bonds for the foregoing purpose.
-25-
Section 2. That this Resolution be and does hereby serve as a declaration of
official intent under Treasury Regulation 1.150-2, because the City reasonably expects to
reimburse with the proceeds of the Bonds, all or a portion of original expenditures
incurred in connection with the above purpose.
PASSED AND APPROVED this 21 s t day of May , 2001.
I :41/
Mayor John R. Rooff Oa
ATTEST:
City Clerk N ncy Eckert
-26-
The Council then considered the proposed action and the extent of objections
thereto.
Whereupon, Council Member Jordan introduced and delivered to
the Clerk the Resolution hereinafter set out entitled "RESOLUTION INSTITUTING
PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE ISSUANCE OF NOT
TO EXCEED $4,000,000 GENERAL OBLIGATION BONDS", and moved:
that the Resolution be adopted.
❑ to ADJOURN and defer action on the Resolution and the proposal to
institute proceedings for the issuance of bonds to the meeting to be held at
o'clock .M. on the day of , 2001, at
this place.
Council Member G r o n eu seconded the motion. The roll was
called and the vote was,
Anders, Jordan, Krizek, Murphy
AYES:
Gronen, Getty, Berry
NAYS:
Whereupon, the Mayor declared the measure duly adopted.
Resolution No . 2001-233
RESOLUTION INSTITUTING PROCEEDINGS TO TAKE
ADDITIONAL ACTION FOR THE ISSUANCE OF NOT TO
EXCEED $4,000,000 GENERAL OBLIGATION BONDS
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
issuance of not to exceed $4,000,000 General Obligation Bonds for the essential
corporate purpose of paying costs of refunding the Series 1993A General Obligation
Bonds issued by the City, and has considered the extent of objections received from
residents or property owners as to said proposed issuance of bonds; and, accordingly the
following action is now considered to be in the best interests of the City and residents
thereof:
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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 sale and issuance in the manner required by law of not to exceed
$4,000,000 General Obligation Bonds for the foregoing essential corporate purpose.
Section 2. That this Resolution be and does hereby serve as a declaration of
official intent under Treasury Regulation 1.150-2, because the City reasonably expects to
reimburse with the proceeds of the Bonds, all or a portion of original expenditures
incurred in connection with the above purpose.
PASSED AND APPROVED this 21 s t day of May , 2001.
L e -41
Mayor Jo n R. Roof`s
ATTEST:
City Clerk I cy Eckert
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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
23rd day of May , 2001.
714 fc
City Clerk, terloo, Iowa Nancy Eckert
SEAL
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