HomeMy WebLinkAbout1982-152-05.03.1982 The Council then considered the proposed action and the
extent of objections thereto.
Whereupon , Council Member Dowie introduced
and delivered to the Clerk the Resolution hereinafter set
out entitled "RESOLUTION INSTITUTING PROCEEDINGS TO TAKE
ADDITIONAL ACTION FOR THE ISSUANCE OF $810 ,000 GENERAL
OBLIGATION BONDS" , and moved its adoption. Council Member
Bowers seconded the motion to adopt. The roll
was called and the vote was,
AYES: Dowie, Burton, Bowers , Getty,
Penaluna, Roehr
NAYS: None
Whereupon , the Mayor declared said Resolution duly adopted
as follows: Resolution #1982-152
RESOLUTION INSTITUTING PROCEEDINGS TO
TAKE ADDITIONAL ACTION FOR THE ISSUANCE
OF $810 ,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 $810 ,000
General Obligation Bonds for the essential corporate purpose
of paying costs of constructing , reconstructing and repairing
street improvements , and has considered the extent of objec-
tions 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 pro-
ceedings and takes additional action for the sale and issuance
in the manner required by law of $810 ,000 General Obligation
Bonds for the foregoing essential corporate purpose.
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AHLERS. COONEY, DORWEILER, HAYNIE&SMITH, LAWYERS, DES MOINES. IOWA
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 .
PASSED AND APPROVED this 3rd day of May , 1982 .
Cia0 4?-10!0-1(
Mayor
Leo P. Rooff
ATTEST:
e /Au.%tor
La ry P( Burger
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AHLERS. COONEY, DORWEILER, HAYNIE&SMITH. LAWYERS, DES MOINES. IOWA
cnrs copy
CIG-3
1-79
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 4th day of May , 1982 .
C . y Cle , Wa er o Iowa
SEAL
AHLERS, COONEY. DORWEILER. HAYNIE&SMITH, LAWYERS, DES MOINES, IOWA