HomeMy WebLinkAbout1988-257-05.23.1988 ORIGINAL
(This Notice to be posted)
NOTICE AND CALL OF PUBLIC MEETING
Governmental Body: The City Council of Waterloo, Iowa.
Date of Meeting: May 23, 1988
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:
$5, 555,000 Essential Corporate Purpose General
Obligation Bonds .
- Public hearing on the issuance .
- Resolution instituting proceedings to
take additional action.
$145, 000 General Corporate Purpose General
Obligation Bonds.
- Public hearing on the issuance.
- Resolution instituting proceedings to
take additional action.
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.
Ci C k/Audito Wa er oo, Iowa
L rr . Burge
AHLERS,COONEY,DORWEILER,HAYNIE,SMITH&ALLBEE
ATTORNEYS AT LAW DES MOINES,IOWA
May 23 ► 1988
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 Bernard IT-McKinley , in the chair, and the following
named Council Members :
Brown, Dell, Buck, Fox, Angel, Wright and Budak
Absent: None
* * * * * * *
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AHLERS,COONEY,DORM EILER,HAYNIE,SMITH&ALLBEE
ATTORNEYS AT LAW DES MOINES,IOWA
The Mayor announced that this was the time and place for
the public hearing and meeting on the matter of the issuance of
$5, 555,000 General Obligation Bonds in order to provide funds
to pay costs of construction, reconstruction, and repairing of
street improvements; acquisition, construction, reconstruction,
extension, improvement , and equipping of works and facilities
useful for the collection, treatment , and disposal of sewage
and industrial waste in a sanitary manner or for the collection
and disposal of surface waters and streams; construction,
reconstruction, enlargement, improvement, and repair of
bridges ; the acquisition, installation, and repair of traffic
control devices ; reconstruction, extension, and improvement of
an existing airport; and rehabilitation and improvement of
existing parks , an essential corporate purpose, and that
notice of the proposed action by the Council to institute
proceedings for the issuance of said bonds, had been published
pursuant to the provisions of Section 384. 25 of the City Code
of Iowa.
The Mayor then asked the Clerk whether any written
objections had been filed by any city resident or property
owner to the issuance of said bonds . The Clerk advised the
Mayor and the Council that no written objections had been
filed. The Mayor then called for oral objections to the
issuance of said bonds and none were made. Whereupon, the
Mayor declared the time for receiving oral and written
objections to be closed.
(Attach here a summary of objections
received or made , if any)
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AHLERS,COONEY.DORWEILER,HAYNIE,SMITH&ALLBEE
ATTORNEYS AT LAW DES MOINES,IOWA
The Council then considered the proposed action and the
extent of objections thereto.
Whereupon, Council Member Budak introduced and
delivered to the Clerk the Resolution hereinafter set out
entitled "RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL
ACTION FOR THE ISSUANCE OF $5, 555, 000 GENERAL OBLIGATION
BONDS" , and moved:
/X/ that the Resolution be adopted.
/ / to ADJOURN and defer action on the Resolution and the
proposal to institute proceedings for the issuance of
bonds to the meeting to be held at _ o 'clock
.M. on the day of , 1988, at
this place.
Council Member Wright seconded the motion.
The roll was called and the vote was,
AYES : Brown, Dell, Buck, Fox, Angel,
Wright and Budak
NAYS : None
Whereupon, the Mayor declared the measure duly adopted.
RESOLUTION NO. 1988-257
RESOLUTION INSTITUTING PROCEEDINGS TO TAKE
ADDITIONAL ACTION FOR THE ISSUANCE OF $5, 555, 000
GENERAL OBLIGATION BONDS
WHEREAS , pursuant to notice published as required by law,
this Council has held a public meeting and hearing upon the
proposal to institute proceedings for the issuance of
$5, 555,000 General Obligation Bonds for the essential corporate
purpose of paying costs of construction, reconstruction, and
repairing of street improvements; acquisition, construction,
reconstruction, extension, improvement , and equipping of works
and facilities useful for the collection, treatment, and
disposal of sewage and industrial waste in a sanitary manner or
for the collection and disposal of surface waters and streams;
construction, reconstruction, enlargement, improvement, and
repair of bridges ; the acquisition, installation, and repair of
traffic control devices; reconstruction, extension, and
improvement of an existing airport; and rehabilitation and
improvement of existing parks, and has considered the extent of
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AHLERS,COONEY,DORA FILER,HAYNIE,SMITH&ALLREE
ATTORNEYS AT LAW DES MOINES,IOWA
objections received from residents or property owners as to
said proposed issuance of bonds; and, accordingly the following
action is now considered to be in the best interests of the
City and residents thereof :
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA:
Section 1. That this Council does hereby institute
proceedings and takes additional action for the sale and
issuance in the manner required by law of $5, 555, 000 General
Obligation Bonds for the foregoing essential corporate purpose.
Section 2. The Clerk is authorized and directed to proceed
on behalf of the City with the sale of said bonds , to select a
date for the sale thereof , to cause to be prepared such notice
and sale information as may appear appropriate, to publish and
distribute the same on behalf of the City and this Council and
otherwise to take all action necessary to permit the sale of
said bonds on a basis favorable to the City and acceptable to
the Council.
PASSED AND APPROVED this 23rd day of May , 1988.
ayor Bern d L. McKinl
ATTEST:
C rk
Larry . Burg
-4-
AHLERS,COONEY,DORM EWER,HAYNIE,SMITH&ALLBEE
ATTORNEYS AT LAW DES MOINES.IOWA
The Mayor announced that this was the time for meeting on
the matter of the issuance of not to exceed $145,000 of general
obligation bonds in order to provide funds to pay costs of
improvements to the Municipal Stadium, acquisition,
construction, reconstruction, enlargement, improvement and
equipping of city library and municipal maintenance buildings ,
including a salt storage building; a general corporate purpose;
and that notice of the proposal to issue said bonds and the
right to petition for an election had been published as provided
by Section 384. 26, of the City Code of Iowa; and, the Mayor then
asked the Clerk whether any petition had been filed in the
Clerk 's Office , as contemplated in Section 384.26 of the City
Code of Iowa, and the Clerk reported that no such petition had
been filed, requesting that the question of issuing said bonds
be submitted to the qualified electors of the City.
Whereupon, the Mayor declared the hearing on the issuance of
said bonds to be closed.
-5-
AHLERS,COONEY,DORMEILER,HAYNIE,SMITH&ALLBEE
ATTORNEYS AT LAW DES MOINES,IOWA
Whereupon, Council Member Wright , introduced
and delivered to the Clerk the Resolution hereinafter set out
entitled "RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL
ACTION FOR THE AUTHORIZATION AND ISSUANCE OF NOT TO EXCEED
$145, 000 GENERAL OBLIGATION BONDS" , and moved:
/X/ that the Resolution be adopted.
/ / to ADJOURN and defer action on the Resolution and the
proposal to institute proceedings for the issuance of
bonds to the meeting to be held at o 'clock
.M. on the day of 1988, at
this place.
Council Member Fox seconded the motion.
The roll was called and the vote was ,
AYES : Brown, Dell, Buck, Fox, Angel,
Wright and Budak
NAYS : none
Whereupon, the Mayor declared the measure duly adopted.
RESOLUTION NO. 1988-256
RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL
ACTION FOR THE AUTHORIZATION AND ISSUANCE OF NOT TO
EXCEED $145,000 GENERAL OBLIGATION BONDS
WHEREAS , pursuant to notice published as required by law,
the Council has held a public meeting and hearing upon the
proposal to institute proceedings for the issuance of not to
exceed $145,000 General Obligation Bonds for a general corporate
purpose , in order to provide funds to pay costs of improvements
to the Municipal Stadium, acquisition, construction,
reconstruction, enlargement , improvement and equipping of city
library and municipal maintenance buildings , including a salt
storage building, and no petition was filed calling for a
referendum thereon. The following action is now considered to
be in the best interests of the City and residents thereof :
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AHLERS,COONEY,DORWEILER,FLAME,SMITH&ALLBEE
ATTORNEYS AT LAW DES MOINES,IOWA
•
NOW, THEREFORE , BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO, IOWA:
Section 1. That this Council does hereby institute
proceedings and take additional action for the authorization and
issuance in the manner required by law of not to exceed $145, 000
General Obligation Bonds for the foregoing general corporate
purpose .
Section 2. The Clerk is authorized and directed to proceed
on behalf of the City with the sale of said bonds , to select a
date for the sale thereof , to cause to be prepared such notice
and sale information as may appear appropriate , to publish and
distribute the same on behalf of the City and this Council and
otherwise to take all action necessary to permit the sale of
said bonds on a basis favorable to the City and acceptable to
the Council.
PASSED AND APPROVED this 23rd day of May , 1988.
ayor Bern d L. McKinle
ATTEST:
Cle
La ry P. Burger
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AHLERS,GOONEY,DORVvEILER,HAYNIE,SMITH&ALLBEE
ATTORNEYS AT LAW DES MOINES,IOWA
CIG-3
4-85
CERTIFICATE
STATE OF IOWA
SS
COUNTY OF BLACK HAWK
I , the undersigned City Clerk of Waterloo, Iowa, do hereby
certify that attached is a true and complete copy of the
portion of the corporate records of said Municipality showing
proceedings of the Council , and the same is a true and complete
copy of the action taken by said Council with respect to said
matter at the meeting held on the date indicated in the
attachment , which proceedings remain in full force and effect,
and have not been amended or rescinded in any way; that meeting
and all action thereat was duly and publicly held in accordance
with a notice of meeting and tentative agenda, a copy of which
was timely served on each member of the Council and posted on a
bulletin board or other prominent place easily accessible to
the public and clearly designated for that purpose at the
principal office of the Council (a copy of the face sheet of
said agenda being attached hereto) pursuant to the local rules
of the Council and the provisions of Chapter 21, Code of Iowa,
upon reasonable advance notice to the public and media at least
twenty-four hours prior to the commencement of the meeting as
required by said law and with members of the public present in
attendance; I further certify that the individuals named
therein were on the date thereof duly and lawfully possessed of
their respective city offices as indicated therein, that no
council vacancy existed except as may be stated in said
proceedings , and that no controversy or litigation is pending,
prayed or threatened involving the incorporation, organization,
existence or boundaries of the City or the right of the
individuals named therein as officers to their respective
positions .
WITNESS my hand and the seal of said Municipality hereto
affixed this 23rd day of May , 1988.
Cit Cle , Waterl , Iowa
La ry urger
SEAL
AHLERS,COONEY.DOR%EILER,HAYNIE,SMITH&ALLBEE
ATTORNEYS AT LAW DES MOINES,IOWA
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