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HomeMy WebLinkAboutBond Sale GEO 2022B *** Proof of Publication *** State of Iowa Black Hawk County NOTICE OF BOND SALE Time and Place of Sealed Bids:Bids for the sale of Bonds of the City of Waterloo, State of Iowa, hereafter described, must be received at the office of the City Clerk, City Hall, 715 Mulberry Street,Waterloo, Waterloo, City of- Legals Iowa(the"Issuer")at the times specified below,on the 18th day of May,2022.The bids will then be publicly opened and referred for action to the meeting of the City Council in conformity with the Terms 715 MULBERRY ST. of efollo g. in The Bonds:The Bonds to be offered are the following: WATERLOO IA 50703 GENERAL OBLIGATION BONDS, SER- IES 2022B,in the amount of$5,685,000" (Dollar Amount Subject to Change),to be dated June 21,2022(the"Bonds"). Bids to be received before 10:30 A.M. TAXABLE GENERAL OBLIGATION ORDER NUMBER 212373 BONDS, SERIES 2022C, in the amount of$4,315,000"(Dollar Amount Subject to Change),to be dated June 21,2022(the "Bonds"). Bids to be received before 11:00 A.M. The undersigned, being duly sworn, on oath, do depose and saythat I (Collectively,the"Bonds") am an authorized employee of the Waterloo Cedar Falls Courier, that 'Subject Termsto prisof adjustment pursuant to officialr of:Open The Waterloo Cedar Falls Courier is a weeklynewspaper re ularl Manner. Bidding:Open bids will not be regularly received. Bids will be received in any of the published and printed in the English language in the City of Waterloo, submitted following andm Bidding: Sealed bids may be ? Sealed d at the Black Hawk County, Iowa, and has a general circulation in the said office Mulberry the City 1Clerrk at City ll be eHall, 715 Mulberry Street,Waterloo,Iowa. city and county; and that I personally know that the notice, a true copy ? Electronic Internet Bidding: Electronic of which is hereto affixed, was published in the Waterloo Cedar Falls internet ftthectyCleka City Hall,715tMulberry Courier on the following days, to-wit: Street,Waterloo,Iowa.The bids must be submitted through the SPEERAUCTION competitive bidding system. ?Electronic Facsimile Bidding:Electronic facsimile bids will be received at the office of the City Clerk at City Hall,715 Mulberry Street,Waterloo,Iowa(facsimile number: 319-291-4571)or by the City's Municipal Advisor,Speer Financial,Waterloo, Iowa (facsimile number: 319-291-8628). Elec- tronic facsimile bids will be treated as sealed bids. Consideration of Bids: After the time for receipt of bids has passed,the close of sealed bids will be announced. Sealed bids will then be publicly opened and announced. Finally, electronic internet bids will be accessed and announced. Sale and Award:The sale and award of the Bonds will be held in the Council Chambers,City Hall,715 Mulberry Street, Waterloo, Iowa at a meeting of the City Council on the above date at 5:00 P.M. Section: Legals Official Statement:The Issuer has issued an Official Statement of information Category: 950 Legal Notice incudingertaigatostatementthedof s tthe Termbe seof Offering and an Official Bid Form,which PUBLISHED O N: 05/11/2022 is incorporated by reference as a part of this notice.The Official Statement may be obtained by request addressed to the City Clerk, City Hall, 715 Mulberry Street, Waterloo, Iowa or the Issuer's Municipal Advisor, Speer Financial, 531 Commer- cial Street, Waterloo, Iowa, 50703, Telephone:319-291-2077. TOTAL AD COST: Terms of Offering: All bids shall be in 53.55 conformity with and the sale shall be in accordance with the Terms of Offering as FILED O N: set forth in the Official Statement. 5/11/2022 Legal Opinion: The Bonds will be sold subject to the opinion of Ahlers&Cooney, P.C.,Attorneys of Des Moines, Iowa,as That the issues of said paper containing said notice were dui to the legality and their opinion will be y furnished together with the printed Bonds circulated in the regular manner. without cost to the purchaser and all bids will be so conditioned. Except to the extent necessary to issue their opinion as to to the legality of the Bonds,the attorneys will not examine or review or express any opinion with respect to the accuracy or completeness of documents,materials or statements made or furnished in connec- tion with the sale,issuance or marketing of the Bonds. Rights Reserved:The right is reserved to reject any or all bids, and to waive any irregularities as deemed to be in the best interests of the public. By order of the City Council of the City of Waterloo,State of Iowa. Kelley Felchle, City Clerk, City of Waterloo,State of Iowa Notary Public in and for aid County