HomeMy WebLinkAbout1990-179-04.02.1990 OR11tL'1
(This Notice to be posted)
NOTICE AND CALL OF PUBLIC MEETING
Governmental Body: The City Council of Waterloo, Iowa.
Date of Meeting: April 2, 1990
Time of Meeting: 7 : 00 p.m.
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:
$ 140, 000 General Corporate Purpose General Obligation Bonds.
$ 120, 000 General Corporate Purpose General Obligation Bonds.
$ 75, 000 General Corporate Purpose General Obligation Bonds.
- 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 21, Code of Iowa, and the local rules of said governmental
body. —�
Ci C k/Auditor Waterloo, Iowa
rry . Burger
AHLERS,COONEY,DORWEILER.HAYNIE,SMITH&ALLBEE.P.C.
ATTORNEYS AT LAW DES MOINES,IOWA
April 2 , 1990
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
McKinley , in the chair, and the following named Council
Members:
Fox, Angel, Buck, Wright, Budak and
Brown
Absent: Dell
* * * * * * *
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AHLERS,COONEY,DORWEILER,HAYNIE,SMITH&ALLBEE.P.C.
ATTORNEYS AT LAW DES MOINES.IOWA
The Mayor announced that this was the time for meeting on the
matter of the issuance of not to exceed $140, 000 of general
obligation bonds in order to provide funds to pay costs of
construction, reconstruction, enlargement, improvement and
equipping of the East Side (Carneige) Library; 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
provided 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.
Whereupon, Council Member Buck , introduced and
delivered to the Clerk the Resolution hereinafter set out entitled
"RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR
THE AUTHORIZATION AND ISSUANCE OF NOT TO EXCEED $140, 000 GENERAL
OBLIGATION BONDS" , and moved:
Ix / that the Resolution be adopted.
/ / to ADJOURN and defer action on the Resolution and the
proposal to institute proceedings for the issuance of
bonds to the meeting to be held at o'clock
.M. on the day of , 1990, at
this place.
Council Member Fox seconded the motion. The
roll was called and the vote was,
AYES: Fox, Angel, Buck, Wright,
Budak and Brown
ABSENT: NAYS: Dell
Whereupon, the Mayor declared the measure duly adopted.
RESOLUTION NO. 1990-179
RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL
ACTION FOR THE AUTHORIZATION AND ISSUANCE OF NOT TO
EXCEED $140, 000 GENERAL OBLIGATION BONDS
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AHLERS,COONEY.DORWEILER,HAYNIE,SMITH&ALLBEE.P.C.
ATTORNEYS AT LAW DES MOINES,IOWA
WHEREAS, pursuant to notice published as required by law, the
Council has held a public meeting and hearing upon the proposal to
institute proceedings for the issuance of not to exceed $140, 000
General Obligation Bonds for a general corporate purpose, in order
to provide funds to pay costs of construction, reconstruction,
enlargement, improvement and equipping of the East Side (Carneige)
Library, and no petition was filed calling for a referendum
thereon. 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 COUNCIL OF THE CITY OF
WATERLOO, IOWA:
Section 1. That this Council does hereby institute
proceedings and take additional action for the authorization and
issuance in the manner required by law of not to exceed $140, 000
General Obligation Bonds for the foregoing general 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 2nd day of April , 1990.
0.-N-6- ,W ` /n plc-�`.
Mayor , Bern rd L. 1^icKi le
y
ATTEST: i
er , L ry P. Burg
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AHLERS,COONEY.DORAEILER,HAYNIE,SMITH&ALLBEE,P.C.
ATTORNEYS AT LAW DES MOINES,IOWA