HomeMy WebLinkAbout1999-317-05.10.1999 (This Notice to be posted)
NOTICE AND CALL OF PUBLIC MEETING
Governmental Body: The City Council of Waterloo, Iowa.
Date of Meeting: Mav 10 , 1999.
Time of Meeting: 7 . 00 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:
$8,470,000 Essential Corporate Purpose General Obligation Bonds.
$ 700,000 General Corporate Purpose General Obligation Bonds.
$ 700,000 General Corporate Purpose General Obligation Bonds.
• Resolution fixing date for a meeting on the proposition to issue.
Such additional matters as are set forth on the additional 14 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.
City Clerk, aterloo, Iowa, Nancy Eckert
'`day 10 , 1999
The City Council of Waterloo, Iowa, met in regular session, in the Council
Chambers, City Hall, Waterloo, Iowa, at 7 . 00 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:
Getty, Murphy, Jordan, Krizek, Gronen.
Collier, AnderG
Absent: None
* * * * * * *
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Council Member Anders introduced the following Resolution
entitled "RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSITION
OF THE ISSUANCE OF $8,470,000 GENERAL OBLIGATION BONDS (FOR AN
ESSENTIAL CORPORATE PURPOSE) OF WATERLOO, IOWA, AND PROVIDING
FOR PUBLICATION OF NOTICE THEREOF", and moved that the same be adopted.
Council Member Jordan seconded the motion to adopt. The roll
was called and the vote was,
AYES: Getty, Murphy, Jordan, Krizek, Gronen
�'o11ip Anders
NAYS: None
Whereupon, the Mayor declared the resolution duly adopted as follows:
1999-317
RESOLUTION FIXING DATE FOR A MEETING ON THE
PROPOSITION OF THE ISSUANCE OF $8,470,000 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$8,470,000, 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;
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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 7 : 00 o'clock p .M., on the 24th day of May , 1999, for the
purpose of taking action on the matter of the issuance of$8,470,000 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 the opening, widening, extending, and grading of
streets and public ways and the construction, reconstruction and repair of improvements
thereto; the construction, reconstruction, and repair of sidewalks; the construction,
reconstruction, improvement, and equipping of works and facilities useful for the
collection and disposal of surface waters and streams; the construction, reconstruction,
extension, improvement, and equipping of works and facilities useful for the collection,
treatment, and disposal of sewage and industrial waste in a sanitary manner, including
improvements to the treatment plant and facilities; the acquisition, installation, and repair
of traffic control devices and street lighting equipment; the rehabilitation and
improvement of existing city parks; equipping of the street, police, park, civil defense and
fire depai tiiients; the purchase of ambulance equipment and equipment for the collection
of solid waste.
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 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 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:
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NOTICE OF MEETING OF THE COUNCIL OF THE CITY OF
WATERLOO, IOWA, ON THE MATTER OF THE PROPOSED
ISSUANCE OF $8,470,000 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 24thday ofMav , 1999, at 7 : on 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$8,470,000 General Obligation
Bonds for an essential corporate purpose of said City, 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 repair of sidewalks; the construction, reconstruction, improvement,
and equipping of works and facilities useful for the collection and disposal of surface
waters and streams; the construction, reconstruction, extension, improvement, and
equipping of works and facilities useful for the collection, treatment, and disposal of
sewage and industrial waste in a sanitary manner, including improvements to the
treatment plant and facilities; the acquisition, installation, and repair of traffic control
devices and street lighting equipment; the rehabilitation and improvement of existing city
parks; equipping of the street, police, park, civil defense and fire departments; the
purchase of ambulance equipment and equipment for the collection of solid waste.
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 10th day of May 1999.
( //(/.4
City Clerk gterloo, Jowl ; Nancey Eckert
(End of Notice)
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PASSED AND APPROVED this 10th day of May , 1999.
0Le---/-46-
Ma • .hn R. Rooff
ATTEST:
q,,,,, f--
City Clerk , ncv Eckert
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