HomeMy WebLinkAbout2023-099-02.20.2023 ECP-1 2023A GO BONDS (02158685x7F7E1)ITEMS TO INCLUDE ON AGENDA
CITY OF WATERLOO, IOWA
Not to Exceed $4,700,000.00 General Obligation Bonds (ECP-1)
• Resolution fixing date for a meeting on the proposition to issue.
NOTICE MUST BE GIVEN PURSUANT TO IOWA CODE
CHAPTER 21 AND THE LOCAL RULES OF THE CITY.
February 20, 2023
The City Council of the City of Waterloo, State of Iowa, met in regular session, in the
Council Chambers, City Hall, 715 Mulberry Street, Waterloo, Iowa, at 5:30 P.M., on the above
date. There were present Mayor Pro Tem Ray Feuss, in the chair, and the following named
Council Members:
Dave Boesen, Rob Nichols, John Chiles, Jonathan Grieder and Nia
Wilder
Absent: None
Vacant: Jerome Amos
Council Member Grieder introduced the following Resolution entitled "RESOLUTION
FIXING DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF NOT
TO EXCEED $4,700,000.00 GENERAL OBLIGATION BONDS OF THE CITY OF
WATERLOO, STATE OF IOWA (FOR ESSENTIAL CORPORATE PURPOSES), AND
PROVIDING FOR PUBLICATION OF NOTICE THEREOF", and moved that the same be
adopted. Council Member Wilder seconded the motion to adopt. The roll was called and the
vote was,
AYES: Boesen, Nichols, Chiles, Grieder, Wilder and Feuss
NAYS: None
Whereupon, the Mayor Pro Tem declared the resolution duly adopted as follows:
RESOLUTION NO. 2023-099
RESOLUTION FIXING DATE FOR A MEETING ON THE
PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED
$4,700,000.00 GENERAL OBLIGATION BONDS OF THE
CITY OF WATERLOO, STATE OF IOWA (FOR ESSENTIAL
CORPORATE PURPOSES), AND PROVIDING FOR
PUBLICATION OF NOTICE THEREOF
WHEREAS, it is deemed necessary and advisable that the City of Waterloo, State of
Iowa, should issue General Obligation Bonds, to the amount of not to exceed $4,700,000.00, as
authorized by Section 384.25, of the Code of Iowa, for the purpose of providing funds to pay
costs of carrying out essential corporate purpose project(s) as hereinafter described; and
WHEREAS, before the Bonds may be issued, it is necessary to comply with the
provisions of the 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 the
City to such action.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF CITY OF
WATERLOO, STATE OF IOWA:
Section 1. That this Council meet in the Council Chambers, City Hall, 715 Mulberry
Street, Waterloo, Iowa, at 5:30 P.M., on the 6th day of March, 2023, for the purpose of taking
action on the matter of the issuance of not to exceed $4,700,000.00.00 General Obligation
Bonds, for essential corporate purposes, the proceeds of which bonds will be used to provide
funds to pay the costs of the acquisition, improvement and installation of traffic control devices,
signage equipment and software, fixtures, equipment and improvements, including but not
limited to traffic signal, pavement markings, traffic safety, fiber optics installation, street light
fixtures, connections and facilities, and cameras; the acquisition of vehicles and equipment for
the Police and Fire Departments; the acquisition of vehicles and equipment for the street, public
works and sign and traffic departments; the rehabilitation and improvement of City parks and the
acquisition, repair and replacement of facilities, equipment and improvements commonly found
in City parks; the removal, replacement and planting of trees in parks, streetscapes, and public
-2-
grounds; the construction, reconstruction and repairing of street, sidewalk, skywalk, trail, alley,
public ground, marketplace, bridges, pedestrian underpasses and overpasses, and intersection
improvements; the acquisition, construction and improvement of real and personal property
useful for the protection of property from floods or high waters, including flood control, levees,
embankments, waterway, storm water and drainage improvements; the removal or replacement
of dead or diseased trees; the acquisition and demolition of dangerous or dilapidated buildings,
structures or properties, or funding housing assistance; acquiring, developing and improving of a
geographic computer data base system suitable for automated mapping and facilities
management; the reconstruction and improvement of the city airport; acquisition of
communication equipment and other emergency services communication equipment and
systems.
Section 2. To the extent any of the projects or activities described in this resolution may
be reasonably construed to be included in more than one classification under Subchapter III of
Chapter 384 of the Code of Iowa, the Council hereby elects the "essential corporate purpose"
classification and procedure with respect to each such project or activity, pursuant to Section
384.28 of the Code of Iowa.
Section 3. That the Clerk is hereby directed to cause at least one publication to be made
of a notice of the meeting, in a legal newspaper, printed wholly in the English language,
published at least once weekly, and having general circulation in the City. The publication to be
not less than four clear days nor more than twenty days before the date of the public meeting on
the issuance of the Bonds.
Section 4. The notice of the proposed action to issue bonds shall be in substantially the
following form:
(To be published between: February 14, 2023 and February 21, 2023)
NOTICE OF MEETING OF THE CITY COUNCIL OF THE
CITY OF WATERLOO, STATE OF IOWA, ON THE MATTER
OF THE PROPOSED ISSUANCE OF NOT TO EXCEED
$4,700,000.00 GENERAL OBLIGATION BONDS OF THE
CITY (FOR ESSENTIAL CORPORATE PURPOSES), AND
THE HEARING ON THE ISSUANCE THEREOF
PUBLIC NOTICE is hereby given that the City Council of the City of Waterloo, State of
Iowa, will hold a public hearing on the 6th day of March, 2023, at 5:30 P.M., in the Council
Chambers, City Hall, 715 Mulberry Street, Waterloo, Iowa, at which meeting the Council
proposes to take additional action for the issuance of not to exceed $4,700,000.00 General
Obligation Bonds, for essential corporate purposes, to provide funds to pay costs of the
acquisition, improvement and installation of traffic control devices, signage equipment and
software, fixtures, equipment and improvements, including but not limited to traffic signal,
pavement markings, traffic safety, fiber optics installation, street light fixtures, connections and
facilities, and cameras; the acquisition of vehicles and equipment for the Police and Fire
Departments; the acquisition of vehicles and equipment for the street, public works and sign and
traffic departments; the rehabilitation and improvement of City parks and the acquisition, repair
and replacement of facilities, equipment and improvements commonly found in City parks; the
removal, replacement and planting of trees in parks, streetscapes, and public grounds; the
- 3 -
construction, reconstruction and repairing of street, sidewalk, skywalk, trail, alley, public ground,
marketplace, bridges, pedestrian underpasses and overpasses, and intersection improvements; the
acquisition, construction and improvement of real and personal property useful for the protection
of property from floods or high waters, including flood control, levees, embankments, waterway,
storm water and drainage improvements; the removal or replacement of dead or diseased trees;
the acquisition and demolition of dangerous or dilapidated buildings, structures or properties, or
funding housing assistance; acquiring, developing and improving of a geographic computer data
base system suitable for automated mapping and facilities management; the reconstruction and
improvement of the city airport; acquisition of communication equipment and other emergency
services communication equipment and systems.
At the above meeting the Council shall receive oral or written objections from any
resident or property owner of the City to the above action. After all objections have been
received and considered, the Council will at the meeting or at any adjournment thereof, take
additional action for the issuance of the Bonds or will abandon the proposal to issue said Bonds.
This notice is given by order of the City Council of the City of Waterloo, State of Iowa,
as provided by Section 384.25 of the Code of Iowa.
Dated this 20th day of February, 2023.
LeAnn M. Even, Deputy City Clerk, City of
Waterloo, State of Iowa
(End of Notice)
PASSED AND APPROVED this 20th day of February, 2023.
ATTEST:
-,e6),9&t7ef2
LeAnn M. Even, Deputy City Clerk
Ray Feuss, Mayor Pro Tem
-4
STATE OF IOWA
COUNTY OF BLACK HAWK
CERTIFICATE
)
) SS
)
I, the undersigned Deputy City Clerk of the City of Waterloo, State of Iowa, do hereby
certify that attached is a true and complete copy of the portion of the records of the City showing
proceedings of the Council, and the same is a true and complete copy of the action taken by the
Council with respect to the 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 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 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 a Council vacancy exists as stated in the
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 the Council hereto affixed this 22th day of Fe+ruary,
2023. .,6,911-ni CJve2
Ug.' "A °
rdif I7 __ rerrrrrrrrrr.
l � — v
6
0
1
LeAnn M. Even, Deputy City Clerk, City of
Waterloo, State of Iowa
CERTIFICATE
STATE OF IOWA
) SS
COUNTY OF BLACK HAWK
I, the undersigned, do hereby certify that I am now and was at the times hereinafter
mentioned, the duly qualified and acting Deputy City Clerk of the City of Waterloo, in the
County of Black Hawk, State of Iowa, and that as such Deputy City Clerk and by full authority
from the Council of the City, I have caused a
NOTICE OF PUBLIC HEARING
(Not to Exceed $4,700,000.00 General Obligation Bonds) (ECP-1)
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 the postal
laws of the United States, and has a general circulation in the City, and that the Notice was
published in all of the issues thereof published and circulated on the following date:
February 16, 2023.
WITNESS my official signature this 22nd day of February, 2023.
SEAL
(7) WgT4s
AArri
,rr o
.,i�rrys■. IIA 0
02158685-1\11310-158
LeAnn M. Even, Deputy City Clerk, City of
Waterloo, State of Iowa
*** Proof of Publication *** �GP ,
State of Iowa NOTICE OF MEETING OF THE CITY
Black Hawk County COUNCIL OF THE CITY OF WATER-
LOO, STATE OF IOWA, ON THE
MATTER OF THE PROPOSED ISSU-
ANCE OF NOT TO EXCEED 54,700,000
GENERAL OBLIGATION BONDS OF
THE CITY (FOR ESSENTIAL CORPO-
RATE PURPOSES).AND THE HEARING
ON THE ISSUANCE THEREOF
PUBLIC NOTICE is hereby given that the
City Council of the City of Waterloo,State
of Iowa,will hold a public hearing on the
6th day of March,2023..at 5:30 P.M..in
Waterloo, Clt of Le alS the Council Chambers. City Hall, 715
Y g Mulberry Street.Waterloo,lowd at which
meeting the Council proposes to take
EM I LY GRAHAM additional action for the issuance of not to
exceed 54.700,000 General Obligation
715 MULBERRY ST. Bonds,for essential corporate purposes,
to provide funds to pay costs of the
acquisition,improvement and installation
IA 50703 of traffic control devices.signage equip-
WATERLOOment and software, fixtures, equipment
and improvements. including but not
limited to traffic signal,pavement mark-
ings,traffic safety,fiber optics installation,
street light fixtures, connections and
ORDER NUMBER 221242 facilities.and cameras;the acquisition of
vehicles and equipment for the Police and
Fire Departments; the acquisition of
vehicles and equipment for the street,
public works and sign and traffic
The undersigned, being duly sworn, on oath, do depose and say that I departments;o f City the rehabilitation and im-
provement parks and the
am an authorized employee of the Waterloo Cedar Falls Courier, that acquisition, reit replacement off
og andimprovementsThe Waterloo Cedar Falls Courier is a weekly newspaper regularly commonlyfound
Cityi parks;
the
removpublished and printed in the English language in the City of Waterloo, replacement 'g °f
trees in parks, streetscapes, and public
grounds:the construction,reconstruction
Black Hawk County, Iowa, and has a general circulation in the said and repairing of street,sidewalk.skywalk,
trail. alley, public ground, marketplace,
city and county; and that I personally know that the notice, a true copy bridges,
underpassesoverpasses. intersection �of which is hereto affixed, was published in the Waterloo Cedar Falls merits;the acquisition, construction and
on the followingdays, to-wit: improvement of real and personal proper-
Courier Y ty useful for the protection of property
from floods or high waters,including flood
control,levees,embankments.waterway,
storm water and drainage improvements;
the removal or replacement of dead or
diseased trees; the acquisition and
demolition of dangerous or dilapidated
buildings, structures or propertes, or
funding housing assistance; acquiring,
developing and improving of a geographic
computer data base system suitable for
automated mapping and facilities man-
agement:the reconstruction and improve-
ment of the city airport; acquisition of
communication equipment and other
emergency services communication
equipment and systems.
At the above meeting the Council shall
receive oral or written objections from any
resident or property owner of the City to
the above action.After all objections have
been received and considered, the
Section: Legals Council will at the meeting or at arty
adjournment thereof, take additional
action for the issuance of the Bonds or
Category: 950 Legal Notice will abandon the proposal to issue said
Bonds.
This notice Is given by order of the City
PUBLISHED ON: 02/16/2023 Council of the City of Waterloo,State of
Iowa.as provided by Section 384.25 of
the Code of Iowa.Dated this 20th day of
February 2023.
Kelley Felchle,City Clerk
City of Waterloo,Iowa
TOTAL AD COST: 67.43
FILED ON: 2/20/2023
That the issues of said paper containing said notice were duly
circulated in the regular manner.
gl.OW. )Lt.1,11
Notary Public in and for Said County
,�P t a, SHERRIE KILTS
° 'Commission Number 772917
ow► • My Commission Expires
May 9, 2024