HomeMy WebLinkAbout1982-140-04.26.1982 �'"�p�' ea Yam'• �,:.
(Contract #213 )
(This Notice to be posted )
NOTICE AND CALL OF PUBLIC MEETING
Governmental Body: The City Council of Waterloo, Iowa.
Date of Meeting: April 26 , 1982.
Time of Meeting: 7 : 00 o'clock PM.
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 :
$51,000 .00 Street Improvement Bonds.
- Resolution directing sale .
Such additional matters as are set forth on the addi-
tional pages (s ) attached hereto.
(number)
This notice is given at the direction of the Mayor
pursuant to Chapter 28A, Code of Iowa, and the local rules of
said governmental body.
er , W erloo, Iowa
AHLERS, COONEY. DORWEILER, HAYNIE&SMITH. LAWYERS, DES MOINES. IOWA
(Contract #213 )
April 26 , 1982
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 Leo P Rooff , in the chair, and the following
named Council Members :
Burton, Bowers , Getty, Penaluna, Roehr,
Absent: Dowie, Wilharm
* * * * * * *
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AHLERS. COONEY. DORWEILER, HAYNIE&SMITH. LAWYERS, DES MOINES, IOWA
This being the time and place for the opening of bids for
the sale of $51 ,000 .00 Street Improvement Bonds, the meeting
was thrown open for the receipt of bids for said bonds. The
following sealed bids were received and not opened:
Name & Address of Bidders :
Shaw, McDermott and Company of Des Moines
Open bids were then called for and the best open bid
received was as follows:
Name & Address of Bidder: None
Net Interest Rate:
Net Interest Cost:
Whereupon, the sealed bids were opened and the best
sealed bid was as follows:
Name & Address of Bidder: Shaw. McDermott and Company
Net Interest Rate: 12 Percent
Net Interest Cost: $30 , 570 . 00
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AHLERS, COONEY, DORWEILER, HAYNIE&SMITH, LAWYERS, DES MOINES, IOWA
Mr. Getty introduced the following
Resolution entitled "RESOLUTION DIRECTING SALE OF $51 ,000 .00
STREET IMPROVEMENT BONDS , " and moved its adoption.
Mr. Bowers seconded the motion to adopt. The
roll was called and the vote was ,
AYES: All
NAYS:
Whereupon, the Mayor declared the following Resolution
duly adopted: Resolution #1982-140
RESOLUTION DIRECTING SALE OF
$51 ,000 . 00 STREET IMPROVEMENT
BONDS
WHEREAS , pursuant to notice as required by law, bids have
been received at public sale for the bonds described as
follows and the best bid received is determined to be the
following:
$51 ,000 . 00 STREET IMPROVEMENT BONDS :
Bidder: Shaw, McDermott & Company of Des Moines
the terms of said bid being: 12 Percent Net Interest Rate
$30 , 570 Net Cost
NOW, THEREFORE , BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA:
Section 1 . That the bid for the bonds as above set out
is hereby determined to be the best and most favorable bid
received and , said bonds are hereby awarded based on said
bid.
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AHLERS, COONEY, DORWEILER, HAYNIE&SMITH. LAWYERS, DES MOINES, IOWA
Section 2 . That the statement of information for bond
bidders and the form of contract for the sale of said bonds
are hereby approved and the Mayor and Clerk are authorized to
execute the same on behalf of the City.
Section 3 . That the notices of the sale of the bonds
heretofore given and all acts of the Clerk done in
furtherance of the sale of said bonds are hereby ratified and
approved.
PASSED AND APPROVED, this 26th day of April ►
1982.
Mayor
L. P. Rooff
ATTEST:
C rk/ ditor
. P, rger
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AHLERS, COONEY, DORWEILER. HAYNIE&SMITH. LAWYERS, DES MOINES. IOWA
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 por-
tion 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
asccessible to the public and clearly designated for that pur-
pose 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
28A, Code of Iowa, upon reasonable advance notice to the
public and media at least twenty-four hours prior to the com-
mencement of the meeting as required by said law and with mem-
bers 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 27th day of April , 1982 .
City Clerk, aterloo, owa
SEAL
AHLERS. GOONEY, DORWEILER, HAYNIE&SMITH. LAWYERS, DES MOINES, IOWA