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HomeMy WebLinkAboutBond Sale- Series 2023A*** Proof of Publication *** State of Iowa Black Hawk County Waterloo, City of - Legals Accounts Payable 715 MULBERRY ST. WATERLOO IA 50703 ORDER NUMBER 222635 The undersigned, being duly sworn, on oath, do depose and say that I am an authorized employee of the Waterloo Cedar Falls Courier, that The Waterloo Cedar Falls Courier is a weekly newspaper regularly published and printed in the English language in the City of Waterloo, Black Hawk County, Iowa, and has a general circulation in the said city and county; and that I personally know that the notice, a true copy of which is hereto affixed, was published in the Waterloo Cedar Falls Courier on the following days, to -wit: Section: Legals Category: 950 Legal Notice PUBLISHED ON: 04/04/2023 TOTAL AD COST: FILED ON: 77.87 4/4/2023 That the issues of said paper containing said notice were duly circulated in the regular manner. Notary Public in a 4 for Said County NOTICE OF BOND SALE Time and Pace of Sealed Bids: Bids for the sale of Bonds of the City of Waterloo, State of Iowa. hereafter described, must be received at the office of the City Clerk, City Hall, 715 Mulberry Street, Waterloo, Iowa (the 'Issuer') before 11:00 A.M., on the 18th day of April, 2023. The bids will then be publicly opened and referred for action to the meeting of the CM Council in conformity with the Terms of Offering. The Bonds: The Bonds to be offered are the following: GENERAL OBLIGATION BONDS, SER- IES 2023A, in the amount of $6,000,000', to be dated June 1, 2023, bids to be received before 11:00 A.M. (the 'Bonds') 'Subject to principal adjustment pursuant to official Terms of Offering. Manner of Bidding: Open bids will not be received. Bids will be received in any of the following methods: • Sealed Bidding: Sealed bids may be submitted and will be received at the office of the City Clerk at City Hall, 715 Mulberry Street, Waterloo, Iowa. •Electronic Internet Bidding' Electronic intemet bids will be received at the office of the City Clerk at City Hall, 715 Mulberry Street, Waterloo, Iowa. The bids must be submitted through the SPEERAUCTION competitive bidding system. • Electronic Facsimile Bidding_ Electronic facsimile bids will be received by the City Clerk at City Hall, 715 Mulberry Street, Waterloo, Iowa (facsimile number. (319) 291-4571) or the City's Municipal Advisor, Speer Financal, Waterloo, Iowa (facsim- ile number: (319) 291-8828). Electronic facsimile bids will be treated as sealed bids. Consideration of Bids: After the time for receipt of bids has passed, the close of sealed bids will be announced. Sealed bids will then be publicly opened and announced. Finally, electronic intemet bids will be accessed and announced. Sale and Award: The sale and award of the Bonds will be held at the Council Chambers, City Hall, 715 Mulberry Street, Waterloo, Iowa at a meeting of the City Council on the above date at 4:00 P.M. Official Statement The Issuer has issued an Official Statement of information pertaining to the Bonds to be offered, including a statement of the Tem1s of Offering and an Official Bid Form, which is incorporated by reference as a pan of this notice. The Official Statement may be obtained by request addressed to the City Clerk, City Hall, 715 Mulberry Street, Waterloo. Iowa or the Issuer's Municipal Advisor, Speer Financial, 531 Commen cal Street, Waterloo, Iowa, 50703, Telephone: 319-291-2077. Terms of Offering: All bids shall be in conformity with and the sale shall be in accordance with the Terms of Offering as set forth in the Official Statement. Legal Opinion- The Bonds will be sold subject to the opinion of Ahlers 8 Cooney, P.C., Attorneys of Des Moines, Iowa, as to the legality and their opinion will be furnished together with the printed Bonds without cost to the purchaser and all bids will be so conditioned. Except to the extent necessary to issue their opinion as to the legality of the Bonds, the attorneys will not examine or review or express any opinion with respect to the accuracy or completeness of documents, materials or statements made or furnished in connec- tion with the sale, issuance or marketing of the Bonds. Rights Reserved' The right is reserved to reject any or all bids, and to waive any irregularities as deemed to be in the best interests of the public. By order of the City Council of the City o1 Waterloo, State of Iowa. Kelley Felohle, City Clerk, City of Waterloo, Iowa • A ro ANNE FOX Commission Number 807163 My Commission Expires October 24, 2023