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HomeMy WebLinkAbout12/21/2021 - Special Session*** Proof of Publication *** State of Iowa Black Hawk County Waterloo, City of - Legals EMILY GRAHAM 715 MULBERRY ST. WATERLOO IA 50703 ORDER NUMBER 207312 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: 12/23/2021 TOTAL AD COST: FILED ON: 49.35 3/2/2023 That the issues of said paper containing said notice were duly circulated in the regular manner. VrJhIMAQ Public in and fo Said County MICHELLE GRAHAM Commission Number 837641 My Commission Expires February 23, 2025 December 1, 2021 The City Clerk of the City of Waterloo, Iowa, met in the Mo€lenhoff Conference Room at City Hall, 715 Mulberry Street, Waterloo, lotwa, at 10:30 am_ on December 1, 2021, to receive bids and refer the sale of $14,200,000 General Obligation Bonds, Series 2022A, to the best and mast favorable bidder for cash, subject to approval of the City Council at 5:00 p_rn. on the above date. The following persons were present at said meeting: Michelle Weidner, Chief Finan- cial Officer, Maggie Burger, Sr_ Vioe President Speer Finanoial and LeAnn Even, Deputy City Clerk. This being the time and place for the opening of bids for the sale of $14,200,000 General Obligation Bonds, Series 2022A, the City Clerk announced the following bids were received: Name of Bidder True Interest. Rate Robert W. Baird & Co_, Inc_, Milwaukee, Wssconsin 2.2716% (original) 2.2680% (revised) Raymond James & Associates, Inc_, Memphis, Tennessee 2.3604% Stifel Financial Corp., Birmingham, Alabama 2.3981% JP Morgan Securities, New York, New York 2.4033% The best bid was determined to be as follows Robert W. Baird & Co_, Inc., Milwaukee, Wisconsin, at a True Interest Rate of 2.2680%. Whereupon all bids were referred to Speer Fnancal,. Inc. and the meeting adjourned to 5:00 p.m. in the City Halt Council Chambers on December 1, 2021_ December ',2021 The Council of the City of Waterloo, Iowa, met in Special Session at City Hall Council Chambers, Waterloo, Iowa, at 5:00 p_m., on Wednesday, December 1, 2021_ Mayor Pro Tem, Sharon Juon in the Chair_ Beeson, Amos, Morrissey, Fovea, Klein, Juon. Absent Grieder. 160715 - Amos/ Morrissey that the Agenda, as proposed, for the Special Session on December 1, 2021, at 5:00 pin., be accepted and approved_ Voice vote -Ayes: Six. Motion carried. BOND SALE 160716 - lorry/Amos to receive and file copies of Calls. Voice vote -Ayes: Six Motion carried_ 160717 - Morrissey/Armco that proof of publication of Notice of Sale on consideration of the proposition of issuance of General Oblation Bonds, Series 2022A, as published in the Waterloo Courier on November 19, 2021, be received and placed on file. Voice vote -Ayes: Six. Motion carried_ This being the time and place of publto hearing, the Mayor Pro-Tem called for written and oral comments and there were none. Presentation by Maggie Burger, Speer Financial, on the bids received_ She explained that the purpose of the bond issue is to provide inoentives for constructing the theme park 160718 - Morrissey/Amos that the hearing be closed_ Voice vote -Ayes: Six_ Motion carried_ After the sale, The par arnount of the Bonds was reduced to $14,075,000. 160719 - MorrisseyiAmos that TlesokAion directing sale of $14,075,000 Taxable General Obligation Urban Renewal Bonds, Series. 2022A to Robert W. Baird & Co., Inc., of Milwaukee Wisconsin at a. rate of 2.2680%. Rol[ call vote -Ayes: Six_ Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2021-763. ADJOURNMENT 160720 - Morrissey/Amos that the Gounoil adjourn at 5:10 p.m. Voice vote -Ayes: Six. Motion carried. Kelley Felchle City Clerk rt./ •R., , !Klan/ tIl„MR," Rhl [R %flax rvrr