HomeMy WebLinkAbout1981-377-07.29.1981 The City Council of the City of Waterloo met in regular session
at 7:00 o'clock P.M. on July 27, 1981 at the Council Chambers in the City
Hall in said City. The meeting was called to order and there were present
Jack Roehr,
Mayor Pro Tem , in the chair, and the following named Councilmen:
Getty, Wilharm, Roehr, Dowie , Bowers and Burton.
Absent: Penaluna
* * * * * * * * * * * * * *
The City Council investigated and found that notice of intention
to issue not to exceed $300,000 Industrial Revenue Bonds, Series 1981
(Northeast Professional Clinic Project) of said City had been duly given
by publication on July 10 1981 , in The Waterloo Daily Courier,
a legal newspaper published and having a general circulation within said
City. This being the time and place specified in said notice for the con-
duct of a public hearing on the proposal to issue said bonds, the Mayor
announced that any local resident attending the hearing would now be given
an opportunity to express his views for or against the proposal to issue the
bonds. After all local residents who appeared at the hearing, who desired to
do so, had expressed their views for or against the proposal to issue the bonds,
Councilman Wilharm introduced and caused to read Resolution No.
1981-377 , entitled,
RESOLUTION determining to proceed with the issuance of
not to exceed $300,000 Industrial Revenue Bonds , Series
1981 , (Northeast Professional Clinic Project) of the
City of Waterloo, Iowa.
and moved its adoption, seconded by Councilman Burton . After due
consideration of said resolution by the Council , the Mayor put the question
on the motion and upon the roll being called, the following named Council-
men voted :
Aye: Getty, Wilharm, Roehr, Dowie, Bowers and Burton.
Nay: None
Whereupon, the Mayor declared said resolution duly adopted and
signed his approval thereto.
* * * * * * * * * * * * *
Upon motion and vote, the meeting adjourned.
(:;i2..eafl
yor Pro Tern, Jac oe r
Attest:
y erk, arry P. B ger
-2-
RESOLUTION NO. 1981-377
RESOLUTION determining to proceed with the issuance of not
to exceed $300,000 Industrial Revenue Bonds (Series 1981 )
(Northeast Professional Clinic Project) of the City of
Waterloo, Iowa
WHEREAS, the City of Waterloo, in the County of Black Hawk, State
of Iowa, (the "City") , proposes to issue Industrial Revenue Bonds , Series
1981 (Northeast Professional Clinic Project) of said City in a principal
amount not to exceed $300,000 (the "Series 1981 Bonds") for the purpose of
lending the proceeds thereof to Northeast Professional Clinic (the "Partner-
ship") for the purpose of acquiring, improving and equipping real estate
located in Logan Plaza Shopping Center and to place thereon buildings , fix-
tures and equipment for use as a dental clinic and parking lot (the "Project")
located in the City, all in accordance with the provisions of Chapter 419
of the Code of Iowa, 1981 , as amended , (the "Act") ; and
WHEREAS, pursuant to published notice of intention, this City
Council has conducted a .public hearing, as required by Section 419.9 of the
Act, and this City Council deems it necessary and advisable to proceed with
the Project, the issuance of the Bonds , and the loan of the proceeds of the
Series 1981 Bonds to the Partnership;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WATERLOO, IOWA, AS FOLLOWS:
Section 1 . That at the public hearing conducted by this City Council
pursuant to published notice, all local residents who appeared were given an
opportunity to express their views for or against the proposal to issue the
Series 1981 Bonds.
Section 2. That this City Council deems it necessary and advisable
and hereby determines , to proceed with the Project, the issuance of the Series
1981 Bonds, and the loan of the proceeds of the Series 1981 Bonds to the
Partnership, all upon terms and conditions mutually satisfactory to the
City and the Partnership.
Section 3. That this Resolution shall become effective immediately
upon its passage and approval .
Passed and approved July 27 1981 .
or Pro Tem, Jac oe r
Attest:
Q
y ler , Larry P. urger
Recorded , 1981
City Clerk
-2-
I, Larry P. Burger, being first duly sworn, do hereby depose and
certify that I am the duly appointed, qualified and acting City Clerk of the
City of Waterloo, in the County of Black Hawk, State of Iowa, and as such I
have in my possession, or have access to, the complete corporate records of
said City and of its Council and officers; that I have carefully compared the
transcript hereto attached with the aforesaid corporate records and that said
transcript hereto attached is a true, correct and complete copy of all the
corporate records in relation to the adoption of Resolution No. 19 8 1-37 7
entitled:
RESOLUTION determining to proceed with the issuance of not
to exceed $300,000 Industrial Revenue Bonds, Series 1981
(Northeast Professional Clinic Project) of the City of
Waterloo, Iowa.
WITNESS my hand and the corporate seal of said City hereto affixed
at Waterloo, Iowa this 29 day of July , 1981 .
.,;(7)
City erk, arry P B ger
(SEAL)
STATE OF IOWA )
) ss.
COUNTY OF BLACK HAWK )
Subscribed and sworn to before me this day, the date last above
written.
Notary Public in nd for the State of 4owa
My commission expires : 9 ,p &3
(Notarial Seal ) /
RESOLUTION NO. 1981-377
RESOLUTION determining to proceed with the issuance of not
to exceed $300,000 Industrial Revenue Bonds (Series 1981 )
(Northeast Professional Clinic Project) of the City of
Waterloo, Iowa
WHEREAS, the City of Waterloo, in the County of Black Hawk, State
of Iowa, (the "City") , proposes to issue Industrial Revenue Bonds, Series
1981 (Northeast Professional Clinic Project) of said City in a principal
amount not to exceed $300,000 (the "Series 1981 Bonds") for the purpose of
lending the proceeds thereof to Northeast Professional Clinic (the "Partner-
ship") for the purpose of acquiring, improving and equipping real estate
located in Logan Plaza Shopping Center and to place thereon buildings, fix-
tures and equipment for use as a dental clinic and parking lot (the "Project")
located in the City, all in accordance with the provisions of Chapter 419
of the Code of Iowa, 1981 , as amended , (the "Act") ; and
WHEREAS, pursuant to published notice of intention, this City
Council has conducted a public hearing, as required by Section 419.9 of the
Act, and this City Council deems is necessary and advisable to proceed with
the Project, the issuance of the Bonds, and the loan of the proceeds of the
Series 1981 Bonds to the Partnership;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WATERLOO, IOWA, AS FOLLOWS:
Section 1 . That at the public hearing conducted by this City Council
pursuant to published notice, all local residents who appeared were given an
opportunity to express their views for or against the proposal to issue the
Series 1981 Bonds.
Section 2. That this City Council deems it necessary and advisable
and hereby determines, to proceed with the Project, the issuance of the Series
BOOK 241 PACOPC
1981 Bonds , and the loan of the proceeds of the Series 1981 Bonds to the
Partnership, all upon terms and conditions mutually satisfactory to the
City and the Partnership.
Section 3. That this Resolution shall become effective immediately
upon its passage and approval .
Passed and approved July 27 , 1981 .
M or Pro Tem, Ja k oe r
Attest:
City er Larry ur
Recorded , 1981
City er
-2
I, Larry P. Burger, being first duly sworn, do hereby depose and
certify that I am the duly appointed, qualified and acting City Clerk of the
City of Waterloo, in the County of Black Hawk, State of Iowa, and as such I
have in my possession, or have access to, the complete corporate records of
said City and of its Council and officers; that I have carefully compared the
transcript hereto attached with the aforesaid corporate records and that said
transcript hereto attached is a true, correct and complete copy of all the
corporate records in relation to the adoption of Resolution No. 19 81-3 77
entitled:
RESOLUTION determining to proceed with the issuance of not
to exceed $300,000 Industrial Revenue Bonds, Series 1981
(Northeast Professional Clinic Project) of the City of
Waterloo, Iowa.
WITNESS my hand and the corporate seal of said City hereto affixed
at Waterloo, Iowa this 29 day of July , 1981 .
(SEAL)
Ci t Cl er Larry P. urger
•°.ram
4
STATE"OF IOWA )
) ss .
COUNTY OF BLACK HAWK )
Subscribed and sworn to before me this day, the date last above
written.
Notary Public in a d for the State ofjIowa
Ei fic
a My commission expires: Cj I3p) Carol Lynn Berwager
a.:
P y :•
(Nttari.0%§eal )
j .
Dom
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