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HomeMy WebLinkAbout1981-398-08.10.1981 Whereupon, the Mayor declared the hearing on the issuance of said bonds to be closed . Whereupon , Council Member Bowers , 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 $4,725 ,000 GENERAL OBLIGATION BONDS" , and moved its adoption. Council Member Wilharm seconded the motion to adopt . The roll was called and the vote was, AYES : Getty, Wilharm, Roehr , Penaluna and Bowers . ABSENT: Burton and Dowie . NAYS: None Whereupon , the Mayor declared said Resolution duly adopted as follows : RES. NO. 1981-398 RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE AUTHORIZATION AND ISSUANCE OF NOT TO EXCEED $4 ,725,000 GENERAL OBLIGATION BONDS 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 $4 ,725,000 general obligation bonds for the purposes of approval of said documents and the fixing of a date for the sale of said bonds 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 CITY COUNCIL OF THE CITY OF WATERLOO, IOWA: Section 1 . That this Council does hereby institute pro- ceedings and take additional action for the authorization and issuance in the manner required by law of not to exceed $4 , 725,000 general obligation bonds for the purposes of appro- val of said documents and the fixing of a date for the sale of said bonds . The City Attorney and Bond Counsel are directed -3- AHLERS, COONEY, DORWEILER, HAYNIE&SMITH, LAWYERS, DES MOINES, IOWA to prepare the necessary proceedings for the issuance of said bonds and the necessary proceedings and publication of notice for the sale thereof and to submit the same for review and action by this Council . Subject to the approval of said docu- ments by this Council , the Clerk is directed to arrange for the publication and dissemination of said notice . PASSED AND APPROVED, this 10 day of August 1981. Mayor , Leo P. Roo ATTEST: Cle k , rry ger -4- AHLERS, COONEY, DORWEILER, HAYNIE&SMITH, LAWYERS, DES MOINES, IOWA 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 portion 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 purpose 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 commencement of the meeting as required by said 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 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 12 day of August , 19 81 Cit Cle , Wate oo , Iowa arry . Burger SEAL AHLERS. GOONEY, DORWEILER. HAYNIE&SMITH. LAWYERS. DES MOINES. IOWA cis UP (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 : $4 ,725,000 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 28A, Code of Iowa , and the local rules of said governmental body. o' Cl; , W. er o , . ,ir AHLERS, COONEY, DORWEILER, HAYNIE&SMITH. LAWYERS, DES MOINES, IOWA August 10 , 1981 The Council of Waterloo, Iowa , met in regular session, in the Council Chambers , in the City Hall , at 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 : Getty, Wilharm, Roehr, Penaluna and Bowers . Absent : Burton and Dowie. * * * * * * * * * * -1- AHLERS, GOONEY, 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 $4 ,725,000 of general obligation bonds of the City of Waterloo , Iowa , in order to provide funds to pay the costs of aiding in the planning , undertaking and carrying out of an urban renewal project of the City, designated as the Downtown Waterloo Urban Renewal and Redevelopment Plan; and that notice of the propo- sal to issue said bonds and the right to petition for an elec- tion 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 con- templated 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 sub- mitted to the qualified electors of said City. The Mayor then asked the Clerk whether any written objec- tions had been filed by any resident or property owner of the City, 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 objec- tions to be closed . (Attach here a summary of objections received or made , if any) -2- AHLERS, COONEY, DORWEILER, HAYNIE&SMITH, LAWYERS, DES MOINES, IOWA