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Home My WebLink About1986-128-03.10.1986 011:CaPI. (This Notice to be posted) NOTICE AND CALL OF PUBLIC MEETING Governmental Body: The City Council of Waterloo, Iowa. Date of Meeting: 3-10-86 Time of Meeting: 7: 00 P.M. Place of Meeting: Council Chambers, City Hall, Waterloo, Iowa. PUBLIC NOTICE IS HEREBY GIVEN that the above mentioned governmental body will meet at the date, time and place above set out. The tentative agenda for said meeting is as follows: $7,420, 000 Essential Corporate Purpose General Obligation Bonds; and $ 80, 000 General Corporate Purpose General Obligation Bonds. - Resolution fixing date for a meeting on the proposition to issue. Such additional matters as are set forth on the addi- tional page (s) attached hereto. (number) This notice is given at the direction of the Mayor pursuant to Chapter 21, Code of Iowa, and the local rules of said governmental body. Cit 1 /Audit , Waterloo, Iowa Larry Burge, Ahlers,Cooney,Dorweiler,Haynie,Smith&AIlbee,lawyers,Des Moines,Iowa March 10 , 1986 The City Council of Waterloo, Iowa, met in regular session, in the Council Chambers, City Hall , Waterloo, Iowa, at 7:00 o'clock p .M. , on the above date. There were present Mayor Bernie McKinley , in the chair, and the following named Council Members: Mary Lichty Willie Mae Wright Frank D. Dowie Tony Budak Rose Angel Absent: Jim Miller and Jack Seeber * * * * * * * -1- Ahlers,Cooney,Dorweiler,Haynie,Smith&Allbee,lawyers,Des Moines,Iowa Council Member Tony Budak introduced the following Resolution entitled "RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF $7, 420, 000 GENERAL OBLIGATION BONDS (FOR AN ESSENTIAL CORPORATE PURPOSE) OF WATERLOO, IOWA, AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF" , and moved that the same be adopted. Council Member Rose Angel seconded the motion to adopt . The roll was called and the vote was, AYES: Mary Lichty Willie Mae Wright Frank D. Dowie Tony Budak Rose Angel ABSENT: Jim Miller and Jack Seeber NAYS: Whereupon, the Mayor declared the resolution duly adopted as follows: RESOLUTION NO. 1986-128 RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF $7, 420, 000 GENERAL OBLIGATION BONDS (FOR AN ESSENTIAL CORPORATE PURPOSE) OF WATERLOO, IOWA, AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF WHEREAS, it is deemed necessary and advisable that the City of Waterloo, Iowa, should issue General Obligation Bonds to the amount of $7, 420, 000, as authorized by Section 384. 25, of the City Code of Iowa, for the purpose of providing funds to pay costs of carrying out an essential corporate purpose project as hereinafter described; and WHEREAS, before said bonds may be issued, it is necessary to comply with the provisions of said Code, and to publish a notice of the proposal to issue such bonds and of the time and place of the meeting at which the Council proposes to take action for the issuance of the bonds and to receive oral and/or written objections from any resident or property owner of said City to such action; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA: Section 1. That this Council meet in the Council Chambers, City Hall, Waterloo, Iowa, at 7:00 o'clock p .M. , on the 24th day of March , 1986, for the purpose of taking action on the matter of the issuance of $7, 420,000 General Obligation Bonds for an essential corporate purpose of said -2- Ahlers,Cooney,Dorweiler,Haynie,Smith&Allbee,Lawyers,Des Moines,Iowa City, the proceeds of which bonds will be used to provide funds to pay costs of construction, reconstruction and repairing of street improvements; acquisition, construction, reconstruction, extension, improvement of sanitary sewers and facilities useful for the collection, treatment and disposal of sewage and industrial waste in a sanitary manner and storm sewers and facilities useful for the collection and disposal of surface waters and streams; equipping of fire department; rehabilitation and improvement of existing parks; acquisition, installation and repair of traffic control devices; and reconstruction, extension and improvement of an airport already owned. Section 2. That the Clerk is hereby directed to cause at least one publication to be made of a notice of said meeting, in a legal newspaper, printed wholly in the English language, published at least once weekly, and having general circulation in said City, said publication to be not less than four clear days nor more than twenty days before the date of said public meeting on the issuance of said bonds. Section 3. The notice of the proposed action to issue said bonds shall be in substantially the following form: -3- Ahiers,Cooney,Dorweiler,Haynie,Smith&Allbee,Lawyers,Des Moines,Iowa NOTICE OF MEETING OF THE COUNCIL OF THE CITY OF WATERLOO, IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF $7, 420, 000 GENERAL OBLIGATION BONDS (FOR AN ESSENTIAL CORPORATE PURPOSE) OF SAID CITY, AND THE HEARING ON THE ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the Council of the City of Waterloo, Iowa, will hold a public hearing on the 24th day of March , 1986, at 7:00 o' clock p .M. , in the Council Chambers , City Hall, Waterloo, Iowa, at which meeting the Council proposes to take additional action for the issuance of $7, 420, 000 General Obligation Bonds for an essential corporate purpose of said City, in order to provide funds to pay costs of construction, reconstruction and repairing of street improvements; acquisition, construction, reconstruction, extension, and improvement of sanitary sewers and facilities useful for the collection, treatment and disposal of sewage and industrial waste in a sanitary manner and storm sewers and facilities useful for the collection and disposal of surface waters and streams; equipping of fire department; rehabilitation and improvement of existing parks; acquisition, installation and repair of traffic control devices; and reconstruction, extension and improvement of an airport already owned. At the above meeting the Council shall receive oral or written objections from any resident or property owner of said City, to the above action. After all objections have been received and considered, the Council will at this meeting or at any adjournment thereof, take additional action for the issuance of said bonds or will abandon the proposal to issue said bonds. This notice is given by order of the Council of Waterloo, Iowa, as provided by Section 384. 25 of the City Code of Iowa. Dated this 10th day of March , 1986. cit Cle - of Wate oo, Iowa Larry PBurger (End of Notice) -4- Ahlers,Cooney Dorweiler Haynie,Smith&Allbee,Lawyers,Des Moines,Iowa PASSED AND APPROVED this 10th day of March , 1986. 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