HomeMy WebLinkAbout27413 RESOLUTION NO. 27413
RESOLUTION fixing a date for hearing on proposed Qualified
Urban Renewal Area Revenue Bonds , Series 1981 (Stephens--
Chauncey's Project)
* * * * * * * * * *
WHEREAS, the City of Waterloo, a municipality and political subdivision
in the County of Black Hawk, State of Iowa (the "City") is authorized by
Chapter 419 of the Code of Iowa, 1979, as amended (hereinafter sometimes
referred to as the "Act") to issue revenue bonds and loan the proceeds to
one or more contracting parties to be used to pay the cost of buildings and
improvements suitable for projects located within a qualified urban renewal
area; and
WHEREAS, the Project to be completed by Stephens, Inc. and for
Coupe and Conservatory Associates III is for improvements to Chauncey`s
which are suitable for use in a commercial enterprise; land and buildings
i .e. the construction
and remodeling of a restaurant and bar and retail business for the
mans , women and childrens clothing and accessories (the "Project") ;
of
Ject"} ; and
WHEREAS, the Project is consistent with the urban renewal plan for
the urban renewal area designated as such pursuant to Chapter 403 of the
1979 Code of Iowa prior to July 1 , 1980; and
WHEREAS, that the Project be improved and equipped, as aforesaid,
and
statutory
the City take such action as may be required under applicable oory
provisions to authorize and issue the Series 1981 Bonds, as hereinafter de-
fined, to finance the cost of the Project; and
WHEREAS , the aggregate cost of the Project has been estimated
not to exceed $600 , 000 and it is proposed to pay the cost of the Pro-
ject, to that amount through the issuance of the ro-
g Qualified Urban Renewal
Area Revenue Bonds, Series 1981 (Stephens--Chauncey's Project) (the "Ser
ies
-1-
BOOK 237 PAGE 312
1981 Bonds") but it is first necessary to conduct a public hearing on the
proposal to issue the Series 1981 Bonds, as required and provided by Section
419.9 of the Act;
NOW, THEREFORE, Be It Resolved by the City Council of the City of
Waterloo, Iowa, as follows :
Section 1 . That this Council meet at the Council Chambers in the City
l
Hall in said City on the _ 12th day of January , 193 , at 7 :00
o'clock P.M. , at which time and place a public hearing shall be held on
the proposal to issue the Series 1981 Bonds in an amount currently estimated
not to exceed $ 600 ,000 as referred to in the preamble hereof, and at
which hearing all local residents who appear shall be given an opportunity
to express their views for or against the proposal to issue the Series 1981
Bonds.
Section 2. The City Clerk is hereby directed to give notice of intention
to issue the Series 1981 Bonds by publication at least once not less than
fifteen (15) days prior to the date fixed for the hearing in The Waterloo
Daily Courier, a legal newspaper published and having a general circulation
within said City, in substantially the following form:
NOTICE OF INTENTION TO ISSUE
QUALIFIED URBAN RENEWAL AREA REVENUE BONDS •
The City Council of the City of Waterloo, in Black Hawk County, Iowa,
will meet on the 12th day of January , 19A, at the Council
Chambers in the City Hall , Waterloo, Iowa, at 7 o 'clock P .M.
for the purpose of conducting a public hearing on the proposal to issue
Qualified Urban Renewal Area Revenue Bonds , Series 1981 ( Stephens--
Chauncey's Project) of said City in principal amount not exceeding
-2-
BOOK 23? PAGE :313
$6 0 0 ,0 0 0 for the purpose of loaning the proceeds thereof to Stephens, Inc.
and Chauncey's Coupe and Conservatory Associates III to defray the cost, to
that amount, of improvements to land and buildings which are suitable for use
in a commercial enterprise; i .e. the construction and remodeling of a restaurant
and bar and retail business for sale of mens, womens and childrens clothing and
accessories in the 600 Block of Sycamore Street in Waterloo , Iowa . The
Project is to be constructed within a qualified urban renewal area
designated as such pursuant to Chapter 403 of the 1979 Code of
Iowa , prior to July 1 , 1980 . It is necessary that the City Council
determine at said hearing that the Project is consistent with the Urban
Renewal Plan of the City for that area. These estimates include, in each
instance, expenses of issue related to the Bonds. These Bonds, when issued,
will be limited obligations and will not constitute general obligations of
said City nor will they be payable in any manner by taxation, but said Bonds
will be payable solely and only out of the revenues to be derived by said
City from a Loan Agreement, Mortgage and Security Agreement between said
City and said Corporation.
At the time and place fixed for said public hearing, all local residents
who appear will be given an opportunity to express their views for or against
the proposal to issue said bonds.
By order of the City Council December 8, 1980.Section 3. That the City hereby recognizes hat actions taken and to be
taken by the Corporation in connection with the acquisition and construction
of the Project have been and will be taken in reliance upon the willingness
of the City to issue the Series 1981 Bonds.
Section 4. That all resolutions or parts thereof in conflict herewith
be and the same are hereby repealed, and this resolution shall be effective
forthwith upon its passage and approval .
-3-
BOOK 237 PACE 314
0
Passed and approved December 15 , 1981K
eZ7 .--- .
Mayor , Leo . Rooff
Attest:
,/,j
� d
City C1 erk, �a"ry leLrY
Y.
r
Recorded , 1980.
"A C 1 t 1erk
i rya
/,l"
INDEXED OL
COMPAREDA
PAGED!-
8707
BLACK HAWK COUNTY, IOWA:SS
Filed for record 19lo
at t:'O/,q M and recorded in
2 ___ Eook ;-3 7
Page .
Recorder
_...Deputy
Fee /•?. a
�/�izsC
-4-
BOOK 237 PAGE 315
RESOLUTION NO. 27413
RESOLUTION fixing a date for hearing on proposed Qualified
Urban Renewal Area Revenue Bonds, Series 1981 (Stephens--
Chauncey's Project)
* * * * * * * * * *
WHEREAS, the City of Waterloo, a municipality and political subdivision
in the County of Black Hawk, State of Iowa (the "City") is authorized by
Chapter 419 of the Code of Iowa, 1979, as amended (hereinafter sometimes
referred to as the "Act") to issue revenue bonds and loan the proceeds to
one or more contracting parties to be used to pay the cost of buildings and
improvements suitable for projects located within a qualified urban renewal
area; and
WHEREAS, the Project to be completed by Stephens, Inc. and for Chauncey's
Coupe and Conservatory Associates III is for improvements to land and buildings
which are suitable for use in a commercial enterprise; i .e. the construction
and remodeling of a restaurant and bar and retail business for the sale of
mens , women and childrens clothing and accessories (the "Project") ; and
WHEREAS, the Project is consistent with the urban renewal plan for
the urban renewal area designated as such pursuant to Chapter 403 of the
1979 Code of Iowa prior to July 1 , 1980; and
WHEREAS, that the Project be improved and equipped, as aforesaid, and
that the City take such action as may be required under applicable statutory
provisions to authorize and issue the Series 1981 Bonds, as hereinafter de-
fined, to finance the cost of the Project; and
WHEREAS , the aggregate cost of the Project has been estimated
not to exceed $600 ,000 and it is proposed to pay the cost of the Pro-
ject, to that amount through the issuance of the Qualified Urban Renewal
Area Revenue Bonds, Series 1981 (Stephens--Chauncey's Project) (the "Series
-1-
•
1981 Bonds") but it is first necessary to conduct a public hearing on the
proposal to issue the Series 1981 Bonds, as required and provided by Section
419.9 of the Act;
NOW, THEREFORE, Be It Resolved by the City Council of the City of
Waterloo, Iowa, as follows :
Section 1 . That this Council meet at the Council Chambers in the City
Hall in said City on the 12th dayof January1
198114 , at 7 :00
o'clock P.M. , at which time and place a public hearing shall be held on
the proposal to issue the Series 1981 Bonds in an amount currently estimated
not to exceed $ 600 ,000 as referred to in the preamble hereof, and at
which hearing all local residents who appear shall be given an opportunity
to express their views for or against the proposal to issue the Series 1981
Bonds.
Section 2. The City Clerk is hereby directed to give notice of intention
to issue the Series 1981 Bonds by publication at least once not less than
fifteen (15) days prior to the date fixed for the hearing in The Waterloo
Daily Courier, a legal newspaper published and having a general circulation
within said City, in substantially the following form:
NOTICE OF INTENTION TO ISSUE
QUALIFIED URBAN RENEWAL AREA REVENUE BONDS •
The City Council of the City of Waterloo, in Black Hawk County, Iowa,
will meet on the 12th day of January 19i, at the Council
Chambers in the City Hall , Waterloo, Iowa, at 7 o 'clock P .M.
for the purpose of conducting a public hearing on the proposal to issue
Qualified Urban Renewal Area Revenue Bonds , Series 1981 ( Steohens --
Chauncey's Project) of said City in principal amount not exceeding
-2-
$6 0 0 ,0 00 for the purpose of loaning the proceeds thereof to Stephens , Inc.
and Chauncey's Coupe and Conservatory Associates III to defray the cost, to
that amount, of improvements to land and buildings which are suitable for use
in a commercial enterprise; i .e. the construction and remodeling of a restaurant
and bar and retail business for sale of mens, womens and childrens clothing and
accessories in the 600 Block of Sycamore Street in Waterloo , Iowa . The
Project is to be constructed within a qualified urban renewal area
designated as such pursuant to Chapter 403 of the 1979 Code of
Iowa , prior to July 1 , 1980 . It is necessary that the City Council
determine at said hearing that the Project is consistent with the Urban
Renewal Plan of the City for that area. These estimates include, in each
instance, expenses of issue related to the Bonds. These Bonds, when issued,
will be limited obligations and will not constitute general obligations of
said City nor will they be payable in any manner by taxation, but said Bonds
will be payable solely and only out of the revenues to be derived by said
City from a Loan Agreement, Mortgage and Security Agreement between said
City and said Corporation.
At the time and place fixed for said public hearing, all local residents
who appear will be given an opportunity to express their views for or against
the proposal to issue said bonds.
•
By order of the City Council December 8, 1980.
Ci, C erk
Section 3. That the City hereby recogni es that actions taken and to be
taken by the Corporation in connection with the acquisition and construction
of the Project have been and will be taken in reliance upon the willingness
of the City to issue the Series 1981 Bonds.
Section 4. That all resolutions or parts thereof in conflict herewith
be and the same are hereby repealed, and this resolution shall be effective
forthwith upon its passage and approval .
-3
Passed and approved December 15 198�X
C2 );'' //I? ze-44t-41' , ,
Mayor , Leo V. Rooff
Attest:
i ty rk, Larr urger
Recorded , 1980.
____/ -------'aL. ci,g4v....
lerk
-4-
RESOLUTION NO .7 1 µ
r
act
A RESOLUTION FIXING THE TIMEro F
NOTICE TO BE GIVEN AND PLACE OF HEARING AND :
ELM DISEASED TREE AND LEVY OASSESSMENTS ATSAL TO REMOVEA 10HA
AVENUE,AS JANUARY 5 , 1981,AT 7 : 00 P.M. 610 HARTT� '
CHAMBERS OF CITY HALL AND INSTRUCTING THECOUNCIL ��1 ,
TO PUBLISH THE NOTICE OF HEARING. CIfi�,.CLERI �
BE IT RESOLVED BY THE �yy •
COUNCIL OF THE
CITY OF WATERLOO, IOLJA,AS " o
FOLLOWS : x o
Section 1-that the Council of the City of Waterloo N o
�. . o
in the Council Chambers in the CityHalla -Owa, shal o
�� Ct7
in the City of Watezrl-oQ',y —
Iowa at 7 : 00 o ' clock P„M. , on the 5th day of January, 1981 f°r
purpose of considering and acting upon a proposal to m
re ' rye
r� •_ H Ga i�t w
Dutch Elm Diseased Tree and levy assessmentsova � �
at 610 Hartman
Avenue, owned by Joseph A. Graham, described as follows :
Lots 8 and 9 , Block 7 ,Hagerman Place
Section 2-That the City Clerk is hereby directed to publich notice
of the time and place of said hearing in the Waterloo, Courier.
Passed and adopted this 15th day of December, 1980
Leo P. ROoff,a of
ATTEST
urger; ui Clerk
RESOLUTION NO. 27415
A RESOLUTION FIXING THE TIME AND PLACE OF HEARING AND
NOTICE TO BE GIVEN ON THE ADOPTION OF HOUSING ORDINANCE
FOR THE CITY OF WATERLOO AS DECEMBER 22 , 1980 , AT 7 :00
P.M. IN COUNCIL CHAMBERS OF CITY HALL AND INSTRUCTING
THE CITY CLERK TO PUBLISH THE NOTICE OF HEARING.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, AS FOLLOWS :
Section 1 : That the Council of the City of Waterloo, Iowa, shall meet
in the Council Chambers in the City Hall in the City of Waterloo , Iowa
at 7 : 00 P.M. , on the 22nd day of December, 1980 , for the purpose of
considering and acting upon a proposal to adopt a new housing ordinance.
A copy of the proposed ordinance is on file in the Office of the City
Clerk.
Section 2 : That the City Clerk is hereby directed to publish notice
of the time and place of said hearing in the Waterloo Courier.
Passed and adopted this 15th day of December, 1980 .
Leo P. Rooff, Mayor
ATTEST :
:i)
t. i C.//
Larry P. rger, i '' „lerk
7
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RESOLUTION NO a27II-( (-
RESOLUTION AUTHORIZING THE INSTALLATION OF 175 WATT
WHITE MERCURY VAPOR STREET LIGHT IN THE CITY OF
WATERLOO, IOWA.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA:
that 175 Watt White Mercury Vapor Street Light be installed at
the following location:
175 Watt White Mercury Vapor Street Light :
1 . East of the intersection of U „ S . Highway 63 and
Charm Drive (Southland Park Third Addition)
BE IT FURTHER RESOLVED that the City Clerk be, and he is
hereby ordered to certify a copy of this resolution to Iowa Public
Service Company of Waterloo , Iowa.
Passed and adopted this 15th day of December, 1980 .
J
Leo P . Rooff,Ma o
y
ATTEST :
''-:;2 .4--,,
--e..--------'
y P urger",,. y Clerk
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