HomeMy WebLinkAbout1982-269-06.28.1982 CITY'S COPY
(This Notice to be posted)
NOTICE AND CALL OF PUBLIC MEETING
Governmental Body: The City Council of Waterloo, Iowa.
Date of Meeting:
Time of Meeting:
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:
$3 ,475 ,000 General Obligation Bonds (Essential
Corporate Purpose ) .
- Public hearing on the issuance .
- Resolution instituting proceedings to
take additional action.
$120 ,000 General Obligation Bonds (General
Corporate Purpose) .
- Public hearing on the issuance .
- Resolution instituting proceedings to
take additional action.
$55 ,000 General Obligation Bonds (General
Corporate Purpose ) .
- Public hearing on the issuance .
- Resolution instituting proceedings to
take additional action.
Such additional matters as are set forth on the addi-
tional page (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 bod . 7-
eput i y Clerk, Waterloo, Iow
Michelle Temeyer
AHLERS, COONEY, DORWEILER, HAYNIE&SMITH, LAWYERS, DES MOINES, IOWA
June 28 , 1982
The City Council of Waterloo, Iowa, met in Regular
session, in the Council Chambers , City Hall , Waterloo, Iowa,
at 7 o'clock P .M. , on the above date . There were present
Mayor LPO 13_ Rooff , in the chair, and the following
named Council Members :
Burton, Bowers , Dowie, Penaluna, Wilharm
Roehr
Absent : Getty (Absent)
* * * * * * *
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AHLERS, COONEY, DORWEILER, HAYNIE&SMITH, LAWYERS, DES MOINES, IOWA
The Mayor announced that this was the time and place for
the public hearing and meeting on the matter of the issuance
of $3 ,475 ,000 General Obligation Bonds in order to provide
funds to pay costs of construction, reconstruction and repair
of street improvements including the acquisition of real
estate therefor; construction, reconstruction and repair of
storm sewer and sanitary sewer and sanitary lift station
improvements; construction, reconstruction, improvement and
repair of bridges; acquisition, installation and repair of
traffic control devices; and equipping of the street depart-
ment , an essential corporate purpose , and that notice of the
proposed action by the Council to institute proceedings for
the issuance of said bonds , had been published pursuant to the
provisions of Section 384 . 25 of the City Code of Iowa.
The Mayor then asked the Clerk whether any written objec-
tions had been filed by any city resident or property owner to
the issuance of said bonds . The Clerk advised the Mayor and
the Council that No written objections had been filed . The
Mayor then called for oral objections to the issuance of said
bonds and None were made . Whereupon, the Mayor declared the
time for receiving oral and written objections to be closed.
(Attach here a summary of objections
received or made, if any)
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AHLERS, COONEY, DORWEILER, HAYNIE&SMITH, LAWYERS, DES MOINES, IOWA
The Council then considered the proposed action and the
extent of objections thereto.
Whereupon, Council Member Wilharm introduced and
delivered to the Clerk the Resolution hereinafter set out
entitled "RESOLUTION INSTITUTING PROCEEDINGS TO TAKE
ADDITIONAL ACTION FOR THE ISSUANCE OF $3 ,475 ,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: Burton, Bowers , Dowie, Penaluna,
Roehr, Wilharm
NAYS: Getty (Absent)
Whereupon, the Mayor declared said Resolution duly adopted
as follows: RESOLUTION NO. 1982-269
RESOLUTION INSTITUTING PROCEEDINGS TO
TAKE ADDITIONAL ACTION FOR THE ISSUANCE
OF $3 ,475 ,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
$3 ,475 ,000 General Obligation Bonds for the essential cor-
porate purpose of paying costs of construction, reconstruction
and repair of street improvements including the acquisition of
real estate therefor; construction, reconstruction and repair
of storm sewer and sanitary sewer and sanitary lift station
improvements; construction, reconstruction, improvement and
repair of bridges; acquisition, installation and repair of
traffic control devices; and equipping of the street depart-
ment , and has considered the extent of objections received
from residents or property owners as to said proposed issuance
of bonds; and , accordingly the following action is now con-
sidered 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:
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AHLERS. COONEY, DORWEILER, HAYNIE&SMITH. LAWYERS, DES MOINES, 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 $3 ,475 ,000 General Obligation
Bonds for the foregoing essential corporate purpose .
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 28th day of June , 1982 .
Mayor
Leo P. Rooff
ATTEST:
Deput City Clerk
Michelle Temeyer
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AHLERS. COONEY. DORWEILER, HAYNIE&SMITH, LAWYERS, DES MOINES, IOWA
The Mayor announced that this was the time for meeting on
the matter of the issuance of not to exceed $120 ,000 of
general obligation bonds in order to provide funds to pay
costs of construction, enlargement, improvement and equipping
of the metropolitan bus garage; a general corporate purpose;
and that notice of the proposal to issue said bonds and the
right to petition for an election had been published as pro-
vided by Section 384 .26 , of the City Code of Iowa; and, the
Mayor then asked the Clerk whether any petition had been filed
in the Clerk' s Office , as contemplated in Section 384 .26 of
the City Code of Iowa, and the Clerk reported that no such
petition had been filed , requesting that the question of
issuing said bonds be submitted to the qualified electors of
the City.
Whereupon, the Mayor declared the hearing on the issuance
of said bonds to be closed .
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AHLERS, COONEY. DORWEILER, HAYNIE&SMITH, LAWYERS, DES MOINES, IOWA