HomeMy WebLinkAbout26762 -RES. 'UO. 2676e,
Waterloo, Iowa
January 28, 1980
The City Council of the City of Waterloo, Iowa, met in
REGULAR session at 7:00 o' clock £.M. , at the Council
Chambers in the City Hall in said City. The meeting was called
to order and there were present LEO P. ROOFF , Mayor,
in the chair, and the following named Councilmen: DELMAN BOWERS,
JAMES BURTON, FRANK DOWIE, HAROLD GETTY, THOMAS PENALUNA, ROBERT WILHARM
Absent : JACK ROEHR
The City Council investigated and found that notice of
intention to issue Hospital Facility Revenue Bonds , Series 1980A
(Schoitz Memorial Hospital Project) of said City in an aggregate
principal amount not exceeding $2,000, 000 had been duly given by
publication on JANUARY 11 , 1980, in WATERLOO 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 conduct 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 bonds in an amount
not exceeding $2, 000, 000 to defray the cost , to that amount, of
the additions and improvements referred to in said notice .
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 bonds for said purpose , Councilman ROBERT WILHARM
introduced and caused to be read Resolution No. 26763 entitled,
RESOLUTION determining to proceed with
the issuance of not to exceed $2 ,000, 000
Hospital Facility Revenue Bonds, Series
1980A (Schoitz Memorial Hospital Project)
of the City of Waterloo, Iowa, for the purpose
of defraying the cost of certain additions
and improvements to the existing hospital
facility of Schoitz Memorial Hospital .
and moved its adoption, seconded by Councilman THOMAS PENALUNA .
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 Councilmen voted :
Aye : BOWERS, BURTON, DOWIE, GETTY, PENALUNA
WILHARM
ABSENT: ROEHR
Nay : NOW
Whereupon the Mayor declared said resolution duly
adopted and signed his approval thereto.
Upon motion and vote the meeting adjourned.
.,&71e9-11(
Mayor
Attest:
6.1.22Act,7ity lerk
-2-
Waterloo, Iowa
January 28, 1980
The City Council of the City of Waterloo, Iowa, met in
REGULAR session at 7:00 o' clock P.M. , at the Council
Chambers in the City Hall in said City. The meeting was called
to order and there were present LEO P. ROOFF , Mayor,
in the chair, and the following named Councilmen: DELMAN BOWERS.
JAMES BURTON, FRANK DOWIE, HAROLD GETTY, THOMAS PENALUNA, ROBERT WILHARM
Absent : EEEEa JACK ROEHR
The City Council investigated and found that notice of
intention to issue Hospital Facility Revenue Bonds , Series 1980B
(Schoitz Memorial Hospital Project) of said City in an aggregate
principal amount not exceeding $4, 750, 000 had been duly given by
publication on JANUARY 11 , 1980, in WATERLOO.. 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 conduct 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 bonds in an amount
not exceeding $4, 750, 000 to defray the cost, to that amount , of
the buildings and improvements referred to in said notice .
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 bonds for said purpose, Councilman ROBERT WILHARM
introduced and caused to be read Resolution No. 26762 entitled,
RESOLUTION determining to proceed with
the issuance of not to exceed $4, 750, 000
Hospital Facility Revenue Bonds, Series
1980B (Schoitz Memorial Hospital Project)
of the City of Waterloo, Iowa, for the purpose
of defraying the cost of certain buildings
and improvements for the use of Schoitz
Memorial Hospital as a professional office
building.
and moved its adoption, seconded by Councilman JAMES 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 Councilmen voted:
Aye : BOWERS, BURTON, DOWIE, GETTY, PENALUNA,
WILHARM
ABSENT: ROEHR
Nay : NONE
Whereupon the Mayor declared said resolution duly
adopted and signed his approval thereto.
Upon motion and vote the meeting adjourned.
-4q,"6/-41(
Mayor
Attest :
Qom 1d/
Acti Cit Clerk
-2-
RESOLUTION NO. 26762
RESOLUTION determining to proceed with
the issuance of not to exceed $4 ,750,000
Hospital Facility Revenue Bonds, Series
1980B (Schoitz Memorial Hospital Project)
of the City of Waterloo, Iowa, for the purpose
of defraying the cost of certain buildings
and improvements for the use of Schoitz
Memorial Hospital as a professional office
building.
* * *
WHEREAS the City of Waterloo, in the County of Black
Hawk, State of Iowa (the "City" ) , proposes to issue Hospital
Facility Revenue Bonds, Series 1980B (Schoitz Memorial Hospital
Project) of said City in an aggregate principal amount not to
exceed $4,750,000 (the "Series B Bonds" ) for the purpose of
lending the proceeds thereof to Schoitz Memorial Hospital ( the
"Hospital") to defray the cost , to that amount, of certain
buildings and improvements to be located at Ridgeway & Kimball
Avenues , and within said City , suitable for the use of the Hospital
as a professional office building (hereinafter referred to as
the "Series B Project") , all in accordance with the provisions
of Chapter 419 of the Code of Iowa, 1979, 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 neces-
sary and advisable to proceed with the Series B Project, the
issuance of the Series B Bonds, and the loan of the proceeds of
the Series B Bonds to the Hospital;
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 B Bonds .
Section 2 . That this City Council deems it necessary
and advisable, and hereby determines , to proceed with the Series B
Project, the issuance of the Series B Bonds , and the loan of the
proceeds of the Series B Bonds to the Hospital, all upon terms
and conditions mutually satisfactory to the City and the Hospital .
Section 3. That this Resolution shall become effective
immediately upon its passage and approval .
Passed and approved January 28, 1980.
4.0 ,4 4.491(
Mayor
Attest :
(TAW
Ac ng C' y Clerk
Recorded JANUARY 29 , 1980
6251;e1tlfief
-2-
I, TOM CAMPBELL , 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 care-
fully compared the transcript hereto attached with the afore-
said corporate records and that said transcript hereto attached
is a true , correct and complete copy of all the corporate records
in relation to action taken by the City Council of said City on
January 28, 1980, in connection with the public hearing conducted
on the proposal to issue Hospital Facility Revenue Bonds , Series
1980B (Schoitz Memorial Hospital Project) of said City .
WITNESS my hand and the corporate seal of said City
hereto affixed at Waterloo, Iowa, this 29th day of JANUARY
1980.
Acti Ci Clerk
(SEAL)
STATE OF IOWA )
) SS
COUNTY OF BLACK HAWK )
Subscribed and sworn to before me this day, the date
last above written.
�...�sNotary ublic
(Gertrude Nottger)
My commission expires : 4 30, 1”
(Notarial Seal)