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This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 1999-37
RESOLUTION FIXING DATE FOR A MEETING ON THE
PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED
$15 , 500, 000 GENERAL OBLIGATION BONDS (FOR AN
ESSENTIAL CORPORATE PURPOSE) 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 $15, 500, 000 , as authorized by Section
384 . 25 , of the City Code of Iowa, for the purpose of providing
funds to pay costs of carrying out an essential corporate purpose
project 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 to receive oral and/or written
objections from any resident or property owner of said City to
such action;
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,
715 Mulberry Street, Waterloo, Iowa, at 7 : 00 P.M. , on the 15th
day of February, 1999, for the purpose of taking action on the
matter of the issuance of not to exceed $15, 500, 000 General
Obligation Bonds for an essential corporate purpose of said City,
the proceeds of which bonds will be used to provide funds to pay
costs of refunding outstanding general obligation debt of the
City.
Section 2 . The Clerk is authorized and directed to proceed
on behalf of the City with the sale of said bonds, to select a
date for the sale thereof, to cause to be prepared such notice
and sale information as may appear appropriate, to publish and
distribute the same on behalf of the City and this Council and
otherwise to take all action necessary to permit the sale of said
bonds on a basis favorable to the City and acceptable to the
Council .
Section 3 . That the Clerk is hereby directed to cause at
lease 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 four clear days
nor more than twenty days before the date of said public meeting
on the issuance of said bonds .
Section 4 . The notice of the proposed action to issue said
bonds shall be in substantially the following form:
Resolution No . 1999-37
Page 2
NOTICE OF MEETING OF THE COUNCIL OF THE CITY OF
WATERLOO, IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE
OF not to exceed $15, 500 , 000 GENERAL OBLIGATION BONDS
(FOR AN ESSENTIAL CORPORATE PURPOSE) 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 15th day of
February, 1999, at 7 : 00 o' clock P.M. , in the Council Chambers,
715 Mulberry Street, Waterloo, Iowa, at which meeting the Council
proposes to take additional action for the issuance of not to
exceed $15, 500, 000 General Obligation Bonds for an essential
corporate purpose of said City, in order to provide funds to pay
costs of refunding outstanding general obligation debt of the
City.
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 .
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 25th day of January, 1999 .
City Cler of Waterloo, Iowa
Nancy Eckert
PASSED AND APPROVED this 25th day of January, 1999 .
Jerry - ndlrs, Mayor Pro Tem
ATTEST:
City Cler
Nancy Eckert
Resolution No. 1999-37
Page 3
CERTIFICATE
STATE OF IOWA
) SS
COUNTY OF BLACK HAWK
I, Nancy Eckert, 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 seal of said Municipality hereto affixed
this 25th day of January, 1999 .
City Cler , Waterloo, Iowa
Nancy Eckert
(SEAL)
Resolution No. 1999-37
Page 4
CERTIFICATE
STATE OF IOWA
SS
COUNTY OF BLACK HAWK
I, Nancy Eckert, do hereby certify that I am now and was at
the times hereinafter mentioned, the duly qualified acting Clerk
of the City of Waterloo, in the County of Black Hawk, State of
Iowa, and that as such Clerk and by full authority from the
Council of Said City, I have caused a
NOTICE OF MEETING OF THE COUNCIL OF THE CITY OF
WATERLOO, IOWA, ON THE PROPOSED ISSUANCE OF NOT TO
EXCEED $15, 500, 000 GENERAL OBLIGATION BONDS
of which the clipping annexed to the publisher' s affidavit
hereto attached is in words and figures a correct and complete
copy , to be published as required by law in the Waterloo
Courier, a legal newspaper published at least once weekly,
printed wholly in the English language, published regularly and
mailed through the post office of current entry for more than two
years and which has had for more than two years a bona fide paid
circulation recognized by postal laws of the United States, and
has a general circulation in the City, and that said Notice was
published in said newspaper in all of the issues thereof
published and circulated on the following date:
February 3, 1999
WITNESS my official signature at Waterloo, Iowa, this 25th
day of January, 1999.
'-&ee- 7°°
City Cl k, Nancy Eckert
(SEAL)